5244 7Th Ave Miami, FL 33127
This exceptional 1,880-square-foot storefront, located at 5244 NW 7th Ave in Miami, Florida's vibrant Model City neighborhood, presents a compelling investment opportunity. Built in 1955, this single-story building boasts a highly visible corner location, offering maximum exposure for any retail business. The property features a wide-open floor plan, perfect for customization, along with two bathrooms and a dedicated office space. Large windows along 7th Avenue provide ample natural light and showcase the interior, while hurricane shutters offer protection during severe weather. The property benefits from both front and back access, enhancing convenience and operational efficiency. Priced at $900,000, this translates to $478.72 per square foot, reflecting the desirability of its location and the potential for strong returns. This vacant space is ready for immediate occupancy, allowing a new tenant to quickly establish their presence in this thriving area. The property's strategic location within the trendy Model City neighborhood ensures high foot traffic and visibility, making it an ideal investment for discerning buyers seeking a prime retail location in Miami.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.