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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

11954 7Th Ave North Miami, FL 33168

Built 1958
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a fully operational, established optical store in North Miami, Florida, asking $250,000. Located at 11954 NW 7th Ave, Miami, FL 33168, in Miami-Dade County, this property boasts a rich history, serving the community since 1975. The building, constructed in 1958, is classified as an executive office space within a larger office and retail complex. The sale includes all optical lab equipment. The business benefits from a loyal customer base and existing optometrist services, demonstrating proven profitability. This presents an ideal acquisition for licensed professionals seeking an established practice. Currently, the absence of an on-site optician or optometrist limits the acceptance of vision insurance, representing a significant opportunity for growth and increased revenue under new ownership. The property's prime location in the heart of North Miami ensures high visibility and accessibility. This turnkey operation offers immediate income potential and a strong foundation for future expansion. The property's coordinates are 25.8845257 latitude and -80.2110751 longitude.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1958
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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