Second-Floor Creative
For Sale
Contact for pricing
7541 Biscayne Boulevard, Miami, FL 33138
Independent access and abundant natural light support a creative office, artist studio, or startup.
Property Size7,791 SF
Price / SF$0.00
Days on Market95
Property Features for 7541 Biscayne Boulevard
General Information
Standard status
Active
Size
7,791 SF
Property subtype
Retail
Site & Location
Neighborhood
Bayfront
Additional Details
Floor
2
Building Details
Year Built
1952
Listing Agency:
Gridline Properties
Listed By:
Alfredo Riascos · License #3210686
(786) 325-5647
Source:
Lehmannflorida
Added: Aug 3
Changed: Nov 5
Last Checked: Nov 4 at 4:41PM
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 Gridline Properties
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Investment Insights
Based on property information with market context.
Located in a rear building, this 1,000-square-foot second-floor studio combines a separate entry arrangement with a bright interior. Access begins at ground level from the parking area, followed by a dedicated stairway leading to the unit. Natural light extends throughout the space, supporting use as a creative office, artist studio, or startup workspace.
The property is positioned at 7541 Biscayne Boulevard in Miami’s MiMo District, near established businesses including Lovely Bride, Kopen Doors, and La Social. Its placement behind the main building offers a more private setting while remaining close to Biscayne Boulevard. The building dates to 1952.
The property is positioned at 7541 Biscayne Boulevard in Miami’s MiMo District, near established businesses including Lovely Bride, Kopen Doors, and La Social. Its placement behind the main building offers a more private setting while remaining close to Biscayne Boulevard. The building dates to 1952.
Key Highlights
- 1,000 SF studio on the second floor of a rear building
- Ground‑level entry from the parking lot with dedicated stair access
- Natural light throughout the studio
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$223,504
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,470,080
$4.5M
Cap Rate 7%
$3,192,914
$3.2M
Cap Rate 9%
$2,483,378
$2.5M
Market Conditions
NOI Build-Up for 7,791 SF
Gross rent
$350.6K $45.00/SF
− Vacancy
−$52.6K −$6.75/SF
EGI
$298.0K $38.25/SF
− OpEx
−$74.5K −$9.56/SF
NOI
$223.5K $28.69/SF
Area
Miami, FL
Vacancy
15.00%
Lease Rate
$45.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,470,080
Cap Rate 7%
$3,192,914
Cap Rate 9%
$2,483,378
Alternative Uses
Best Use
Office B
$3.19M
$2.79M – $3.73M
NOI $223,504 @ 7.0% cap · market cap 677,284.85%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$5.26M
$4.60M – $6.14M
NOI $368,128 @ 7.0% cap · market cap 1,115,539.39%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
17,616
Businesses Nearby
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
Market
Vacancy Rate% for Office in Miami, FL
Frequently Asked Questions
What type of property is this?
Creative space - Independent access and abundant natural light support a creative office, artist studio, or startup.
Where is this creative space located?
The property is located at 7541 Biscayne Boulevard Miami, FL.
What are key features of this property?
This property features: 1,000 SF studio on the second floor of a rear building; Ground‑level entry from the parking lot with dedicated stair access; Natural light throughout the studio
