Retail and Office Showroom
7305 SW 40th Street Miami, FL 33155
7305 SW 40th Street, Miami, FL, 33155
$3,700,000
Pending
For Sale
$3,700,000
Pending
Retail building with prominent frontage and BU-2 zoning supporting retail, office, showroom, and specialty services.
Property Size4,324 SF
Days on Market43
Property Features for 7305 SW 40th Street
General Information
- Standard status
- Pending
- Size
- 4,324 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 2015
Listing agency
APEX CAPITAL REALTY LLC
Listed by
ADRIANO MASTER SALUCCI · License #A11795691
Source
Corcoran
Added: Jun 10 Updated: Jul 6 at 4:31PM Checked: Jul 22 at 9:49AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of APEX CAPITAL REALTY LLC
Investment Insights
Based on property information with market context.
This retail property totals approximately 4,300 square feet and is positioned as a flexible building for business and showroom use. Zoned BU-2, the site supports a range of activities, including retail, office, showroom, and specialty services. The offering is presented as an acquisition opportunity for investors and owner-users seeking a versatile commercial asset within an established corridor.
The property is located at 7305 SW 40th Street in Miami, Florida. Public remarks highlight prominent frontage and proximity to major thoroughfares and residential areas, supporting everyday consumer access for compatible uses.
Given the combination of BU-2 zoning and multi-use allowances, the property can fit a variety of tenant requirements where retail presence and an office or showroom component may be useful. For buyers, the zoning flexibility provides options for current occupancy strategies and future reconfiguration within the permitted use range stated in the remarks. Prospective tenants and buyers should confirm specific use eligibility with the applicable local authorities for their intended business plan.
The property is located at 7305 SW 40th Street in Miami, Florida. Public remarks highlight prominent frontage and proximity to major thoroughfares and residential areas, supporting everyday consumer access for compatible uses.
Given the combination of BU-2 zoning and multi-use allowances, the property can fit a variety of tenant requirements where retail presence and an office or showroom component may be useful. For buyers, the zoning flexibility provides options for current occupancy strategies and future reconfiguration within the permitted use range stated in the remarks. Prospective tenants and buyers should confirm specific use eligibility with the applicable local authorities for their intended business plan.
Key Highlights
- Retail property at 7305 Bird Road, built in 2015
- 4,300 SF retail building with prominent frontage
- BU‑2 zoning supports retail, office, showroom, and specialty services
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $224.7k | $51.96 |
| − Vacancy | −$23.1k | −$5.35 |
| EGI | $201.5k | $46.61 |
| − OpEx | −$60.5k | −$13.98 |
| NOI | $141.1k | $32.63 |
4,324 SF · lease $51.96/SF/yr · vacancy 10.30% · expense 30.00%
Alternative Uses
Best Use
Retail
$2.02M
$1.76M – $2.35M
NOI $141,073 @ 7.0% cap · market cap 3.81%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$2.92M
$2.55M – $3.41M
NOI $204,311 @ 7.0% cap · market cap 5.52%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Storefront properties
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FAQs
What type of property is this?
Storefront property - Retail building with prominent frontage and BU-2 zoning supporting retail, office, showroom, and specialty services.
Where is this storefront property located?
The property is located at 7305 SW 40th Street Miami, FL.
What is the asking price?
The asking price for this property is $3,700,000.
What are key features of this property?
This property features: Retail property at 7305 Bird Road, built in 2015; 4,300 SF retail building with prominent frontage; BU‑2 zoning supports retail, office, showroom, and specialty services
