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    3121 7Th Ave Miami, FL 33127

    Sponsored
    For Lease
    $7 SF/Yr

    Prime Miami land, ideal for various uses.

    Lot size:
    800 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 43,200 square foot commercial land parcel, located at 3121 NW 7th Avenue in Miami, Florida (zip code 33127), presents a unique investment opportunity. The property features a single-tenant existing 800 square foot building, offering flexibility for a variety of development scenarios. Its prime location on 7th Avenue, between NW 31st Street and NW 31st Terrace, provides excellent visibility and accessibility. The site's proximity to Wynwood and its high exposure to I-95 further enhance its desirability. Potential uses include a land lease, the creation of a sports center (such as tennis courts or a soccer field), or industrial outdoor storage for equipment rentals. A built-to-suit option is also available, with pricing tailored to specific development plans. This one-acre lot offers significant potential for investors seeking a high-impact commercial property in a rapidly developing area of Miami. The property's versatility and strategic location make it an attractive proposition for a wide range of commercial ventures. Serious inquiries are encouraged.

    Property Features for 3121 7Th Ave

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    800 SF
    Total Rate
    466.67

    Unit(s) available at that property

    Space
    Size
    43,200 SF
    Rate per SF
    $7

    HighLights

    • 1‑Acre site, prime Wynwood location.
    • Allapattah's thriving commercial district.
    • High visibility from I‑95.
    Property Profile Location Intelligence

    Current Use by Public Records

    Chuzos Drive Restaurant

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.207450809567
    Latitude
    25.805802084425

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    FAQs

    What type of property is this?
    Land - Prime Miami land, ideal for various uses.
    Where is this land located?
    The property is located at 3121 7Th Ave Miami, FL.
    What is the lease rate?
    The lease rate is $7 SF/Yr.
    What are key features of this property?
    This property features: 1-Acre site, prime Wynwood location.; Allapattah's thriving commercial district.; High visibility from I-95.
    Request Owner's contact information
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    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
    3121 7Th Ave Miami, FL 33127
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