MiMo District Retail/Showroom
For Sale
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7320 Biscayne Blvd, Miami, FL 33138
Street-level retail/showroom in MiMo District with parking.
Property Size3,200 SF
Price / SF$5.42
Days on Market158
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Property Features for 7320 Biscayne Blvd
General Information
Standard status
Active
Size
3,200 SF
Property subtype
Retail
Building Details
Building Size
3,200 SF
Year Built
1953
Listing Agency:
Metrocoma Realty
Listed By:
Juan Martinez · License #3218685
(786) 364-8695
Source:
Casacollectiongroup
Added: May 11
Changed: Oct 14
Last Checked: Oct 15 at 6:34AM
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 Metrocoma Realty
Investment Insights
Based on property information with market context.
Located in the heart of the MiMo District, this stand-alone building offers a street-level retail or showroom space with high visibility. The move-in ready property features a well-designed layout that includes a reception area, a conference room, three private offices, and generous open areas. Abundant natural light fills the space. The property includes four private parking spaces. The location is considered very walkable with a walk score of 88 and bikeable with a bike score of 56. Public transportation is readily accessible, indicated by a transit score of 52.
Key Highlights
- Prime location in the heart of MiMo District with high visibility
- Street‑level Retail/Showroom
- 4 private parking spaces
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$104,402
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,088,040
$2.1M
Cap Rate 7%
$1,491,457
$1.5M
Cap Rate 9%
$1,160,022
$1.2M
Market Conditions
NOI Build-Up for 3,200 SF
Gross rent
$166.3K $51.96/SF
− Vacancy
−$17.1K −$5.35/SF
EGI
$149.1K $46.61/SF
− OpEx
−$44.7K −$13.98/SF
NOI
$104.4K $32.63/SF
Area
Miami, FL
Vacancy
10.30%
Lease Rate
$51.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,088,040
Cap Rate 7%
$1,491,457
Cap Rate 9%
$1,160,022
Alternative Uses
Best Use
Retail
$1.49M
$1.31M – $1.74M
NOI $104,402 @ 7.0% cap · market cap 602.33%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$2.16M
$1.89M – $2.52M
NOI $151,201 @ 7.0% cap · market cap 872.33%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,562
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 33138, FL
27,601
Population
14,310
Households
1.9
Avg Household Size
43
Median Age
47%
College-Educated
87%
High-School Grad
4.2 sq mi
ZIP Area
6,572
Density / Sq Mi
$71,518
Median Household Income
$52,853
Median Earnings
$1,647
Median Rent
$686,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Miami, FL
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- OLTRE Designs & Contract — 7255 NE 4th Ave APT 116, Miami, FL 33138
- Twill and Texture LLC — 7255 NE 4th Ave ste 110-1, Miami, FL 33138
Frequently Asked Questions
What type of property is this?
Showroom - Street-level retail/showroom in MiMo District with parking.
Where is this showroom located?
The property is located at 7320 Biscayne Blvd Miami, FL.
What are key features of this property?
This property features: Prime location in the heart of MiMo District with high visibility; Street‑level Retail/Showroom; 4 private parking spaces
