Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    1515 7Th St Miami, FL 33125

    For Lease
    $90 SF/Yr ($19,650 /Mo)

    Miami QSR building, 2620 sq ft, drive-thru

    Lot size:
    2,620 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 2,620-square-foot former Wendy's quick-service restaurant building, situated on a 0.56-acre lot in Miami's Little Havana submarket, presents a unique investment opportunity. Vacant since Q2 2024, the single-tenant building boasts a prime location on NW 7th Street, a major commercial thoroughfare, offering excellent visibility and accessibility. The property benefits from 28 parking spaces and enjoys exceptional frontage along NW 7th Street, with multiple access points. Its strategic location across from Loan Depot Park, home of the Miami Marlins, ensures high traffic volume and exposure. Furthermore, its proximity to major roadways, sports venues, recreational areas, schools, and three major hospitals (within 1.5 miles) provides a strong customer base and significant potential for future development. The surrounding area is densely populated with residential neighborhoods, creating a built-in customer base for any new tenant. The property's zoning is T6 8 O, and the Miami-Dade County APN is 01-3135-080-0010. Built in 2001, this one-story building offers significant potential for a variety of quick-service restaurant or retail uses. The property's size and location make it an ideal investment for those seeking a high-traffic, high-visibility location in a thriving Miami neighborhood.

    Property Features for 1515 7Th St

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2,620 SF
    Total Rate
    19650

    Building Details

    Year Built
    2001
    Stories
    1

    Unit(s) available at that property

    Space
    Size
    2,620 SF
    Rate per SF
    $100

    HighLights

    • 2,620 SF former Wendy's restaurant on a 0.56‑acre lot in Miami's Little Havana.
    • Vacant since Q2 2024, located on high‑traffic NW 7th Street with excellent visibility.
    • Features 28 parking spaces and prominent street frontage.
    • High traffic volume due to proximity to Loan Depot Park (Miami Marlins).
    • Zoned T6 8 O, Miami‑Dade County APN 01‑3135‑080‑0010, built in 2001.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    MUSIC MANAGEMENT Music Management And Promotion

    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
    -80.220971
    Latitude
    25.7803007

    Nearby Similar for Lease

    • $120 SF/Yr

      Luxury Brickell Office with Terrace

      Sophisticated 4,768 SF office space with bay view terrace.
      1300 Brickell Bay Dr, Miami, FL 33131
      View Details
    • $30,000

      Renovated Corner Office Suite, Miami

      Prestigious corner office in Miami's financial district with city views.
      1110 Brickell Ave, Miami, FL 33131
      View Details
    • $15,000 /Mo
      10,049 SF

      Calle Ocho Commercial Space Available

      Prime commercial space on Calle Ocho with high visibility.
      6445 SW 8Th St, Miami, FL 33144
      View Details
    • $22,500

      Renovated Retail/Office Building on Calle Ocho

      4,900 SF renovated corner building with parking on Calle Ocho.
      4725 SW 8Th St, Miami, FL 33134
      View Details
    • $35 SF/Yr

      North Miami Office Space Available

      9,370 SF office space for rent in North Miami.
      12550 Biscayne Blvd, Miami, FL 33181
      View Details
    • $12,500 /Mo

      Renovated Office Space on Brickell

      Professionally designed office suite in prime Brickell location for rent.
      1110 Brickell Ave, Miami, FL 33131
      View Details

    FAQs

    What type of property is this?
    Restaurant - Miami QSR building, 2620 sq ft, drive-thru
    Where is this restaurant located?
    The property is located at 1515 7Th St Miami, FL.
    What is the lease rate?
    The lease rate is $100 SF/Yr.
    What are key features of this property?
    This property features: 2,620 SF former Wendy's restaurant on a 0.56-acre lot in Miami's Little Havana.; Vacant since Q2 2024, located on high-traffic NW 7th Street with excellent visibility.; Features 28 parking spaces and prominent street frontage.
    Request Owner's contact information
    1515 7Th St Miami, FL 33125
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1515 7Th St
    Miami, FL 33125
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    1515 7Th St Miami, FL 33125
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.