For Sale
$1,950,000

7416 Biscayne Boulevard Way Miami, FL 33138

Prime Miami location, 3 tenants, high ROI

Overview

Added:
Dec 11, 2024
Days on market:
129

Highlights

  • $1,950,000 asking price for a 2,989 SF retail building in Miami's MiMo District.
  • Gross lease, multi-tenant property with three tenants and 100% occupancy.
  • $652.39 price per square foot, with a pro-forma cap rate of 6.00%.
  • Located at 7416 Biscayne Boulevard, Miami, FL 33138, on a 7,500 SF lot.
  • Includes a fully equipped, second-generation restaurant with a 3,000 SF backyard.
  • Built in 1949, recently completed its 40-year building recertification.

Property Details for 7416 Biscayne Boulevard Way

Property type
Retail properties, Restaurants
Square Feet
2,989 SF
Year Built
1949
Buildings
1

Location Insight

City
Miami
County
Miami-Dade
State
Florida
Latitude
25.8433975
Longitude
-80.1847276
7416 Biscayne Boulevard Way, Miami, Florida
Leaflet | © OpenStreetMap contributors

FAQs

What type of property is this?
Retail property - Prime Miami location, 3 tenants, high ROI
Where is the retail property located?
The property is located at 7416 Biscayne Boulevard Way Miami, FL.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: $1,950,000 asking price for a 2,989 SF retail building in Miami's MiMo District.; Gross lease, multi-tenant property with three tenants and 100% occupancy.; $652.39 price per square foot, with a pro-forma cap rate of 6.00%.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
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7416 Biscayne Boulevard Way
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