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    4420 7Th Ave Miami, FL 33127

    For Sale
    $2,200,000

    17,500 SF, Vacant, Mixed-Use Potential

    Property size:
    17,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 17,500-square-foot property, located at 4420 NW 7th Ave in Miami, Florida (zip code 33127), presents a unique investment opportunity. Currently vacant, this mixed-use site is zoned T5-O, offering significant development potential. Built in 1958, the property is priced at $2,200,000, translating to $125 per square foot. The zoning allows for a substantial project encompassing both retail and residential components. Specifically, the zoning permits up to 10,000 square feet of retail space and 20 residential units, spread across a potential five-story building. This prime Miami location, in Miami-Dade County, offers developers a chance to create a thriving mixed-use development. The property's size and zoning make it ideal for a boutique apartment building incorporating ground-floor retail space, such as a bodega, catering to the local community. This is a rare chance to acquire a large, well-located parcel in a rapidly growing area of Miami. The asking price reflects the significant potential for future development and strong returns on investment. Serious inquiries are encouraged.

    Property Features for 4420 7Th Ave

    General Information

    Property type
    Mixed-use properties
    Square Feet
    17,500 SF

    Building Details

    Year Built
    1958

    HighLights

    • $2,200,000 asking price.
    • 17,500 square foot mixed‑use property.
    • Vacant.
    • $125 per square foot.
    • Built in 1958.
    • Located at 4420 NW 7th Ave, Miami, FL 33127.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    New Magic Car ... Car Wash

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.208144
    Latitude
    25.8164315

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    FAQs

    What type of property is this?
    Mixed-use property - 17,500 SF, Vacant, Mixed-Use Potential
    Where is this mixed-use property located?
    The property is located at 4420 7Th Ave Miami, FL.
    What is the asking price?
    The asking price for this property is $2,200,000.
    What are key features of this property?
    This property features: $2,200,000 asking price.; 17,500 square foot mixed-use property.; Vacant.
    Request Owner's contact information
    4420 7Th Ave Miami, FL 33127
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4420 7Th Ave Miami, FL 33127
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