Restaurant Building with Grease
7613 Biscayne Boulevard Miami, FL 33138
For Sale
$2,350,000
Boutique commercial building offers recent grease trap improvements and flexible T6-8-O zoning along Biscayne Boulevard.
Property Size6,400 SF
Price / SF$367.19
Days on Market221
Property Features for 7613 Biscayne Boulevard
General Information
- Standard status
- Active
- Size
- 6,400 SF
- Property subtype
- Commercial Sale / Mixed Use
Building Details
- Year Built
- 1937
Listing Agency:
Gridline Properties
(786) 325-5647
Listed By:
Alfredo Riascos · License #3210686
(786) 325-5647
Source:
Compass
Added: Dec 14, 2025
Changed: Jul 21
Last Checked: Jul 23 at 11:21AM
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
Investment Insights
Based on property information with market context.
This boutique-style commercial building is currently rented on short-term leases and is presented in strong condition. Recent improvements include a newly installed grease trap, which supports food-service operations and related commercial concepts. The property’s flexible T6-8-O zoning is designed to accommodate a wide range of commercial possibilities, including retail, restaurant, café, ghost kitchen, wellness, office, and creative uses.
The building is located at 7613 Biscayne Boulevard in Miami’s MiMo District, positioned along one of Miami’s most active and evolving corridors. The current configuration and recent site improvements make it suitable for an owner-user seeking occupancy flexibility, as well as investors evaluating a property with room for future repositioning.
The building is located at 7613 Biscayne Boulevard in Miami’s MiMo District, positioned along one of Miami’s most active and evolving corridors. The current configuration and recent site improvements make it suitable for an owner-user seeking occupancy flexibility, as well as investors evaluating a property with room for future repositioning.
Key Highlights
- Retail building on Biscayne Boulevard in Miami’s MiMo District
- Year built: 1937
- Currently rented on short‑term leases
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 | $332.5k | $51.96 |
| − Vacancy | −$34.3k | −$5.35 |
| EGI | $298.3k | $46.61 |
| − OpEx | −$89.5k | −$13.98 |
| NOI | $208.8k | $32.63 |
6,400 SF · lease $51.96/SF/yr · vacancy 10.30% · expense 30.00%
Alternative Uses
Best Use
Specialty Retail
$4.32M
$3.78M – $5.04M
NOI $302,403 @ 7.0% cap · market cap 12.87%
Second Best
Retail
$2.98M
$2.61M – $3.48M
NOI $208,804 @ 7.0% cap · market cap 8.89%
Theoretical Best
—
—
same as Best Use
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 - Boutique commercial building offers recent grease trap improvements and flexible T6-8-O zoning along Biscayne Boulevard.
Where is this storefront property located?
The property is located at 7613 Biscayne Boulevard Miami, FL.
What is the asking price?
The asking price for this property is $2,350,000.
What are key features of this property?
This property features: Retail building on Biscayne Boulevard in Miami’s MiMo District; Year built: 1937; Currently rented on short‑term leases
