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    5020 7Th Ave Miami, FL 33127

    For Lease
    $43 SF/Yr

    Prime Miami retail space, 689 sq ft.

    Lot size:
    690 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 689-square-foot retail space at 5020 NW 7th Ave in Miami, Florida, presents a unique investment opportunity. Located in a high-traffic commercial area with ample rear parking, this single-tenant property is zoned 6101 and boasts excellent visibility. Ideal for a variety of uses, including retail, professional services, or creative ventures, this property offers a chance to establish a strong presence in a vibrant and growing Miami neighborhood. The pedestrian-friendly zoning encourages foot traffic, maximizing exposure for your business. The property's address is 5020 NW 7th Ave, Miami, FL 33127, with coordinates 25.8215021 latitude and -80.2082742 longitude. The property's APN is 01-31-23-006-0700. This is a single-tenant property with no additional suites within the building. The convenient location and ample parking ensure ease of access for both customers and employees. Seize this chance to become part of Miami's dynamic business community and establish your business in a thriving commercial corridor. Don't miss this opportunity to secure a prime location for your next venture.

    Property Features for 5020 7Th Ave

    General Information

    Property type
    Specialty properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    690 SF

    Unit(s) available at that property

    Space
    Size
    690 SF
    Rate per SF
    $43

    HighLights

    • 689‑square‑foot retail space at 5020 NW 7th Ave, Miami, FL 33127.
    • High‑traffic commercial area with ample rear parking.
    • Zoned 6101, ideal for retail, professional services, or creative ventures.
    • Single‑tenant property with excellent visibility and pedestrian‑friendly zoning.
    • APN: 01‑31‑23‑006‑0700.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.2082742
    Latitude
    25.8215021

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    FAQs

    What type of property is this?
    Specialty property - Prime Miami retail space, 689 sq ft.
    Where is this specialty property located?
    The property is located at 5020 7Th Ave Miami, FL.
    What is the lease rate?
    The lease rate is $43 SF/Yr.
    What are key features of this property?
    This property features: 689-square-foot retail space at 5020 NW 7th Ave, Miami, FL 33127.; High-traffic commercial area with ample rear parking.; Zoned 6101, ideal for retail, professional services, or creative ventures.
    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
    5020 7Th Ave Miami, FL 33127
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