Current Use by Public Records
- Retail properties & Spaces
Property Details for 5244 7Th Ave
- Year built
- 1955
- Property type
- Retail properties & Spaces
- Property subtype
- Retail space
Description
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.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Miami
- County
- Miami-Dade
- State
- Florida
- Longitude
- -80.2082
- Latitude
- 25.8239
