Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1161 7Th Ct Miami, FL 33136

    • Commercial real estate
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US18-1552072
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 1161 7Th Ct

    Property type
    Commercial real estate

    Description

    This exceptional 1.6 million dollar special purpose property presents a prime development opportunity in Miami's vibrant urban core. Located at 1161 NW 7th Ct, Miami, FL 33136 (Miami-Dade County), this T6-8 zoned lot boasts unparalleled connectivity and accessibility. Its strategic location near the Culmer Metrorail Station ensures seamless transit access, while its proximity to I-95 and the Dolphin Expressway provides effortless vehicular access. The property's central location places it within easy reach of several key areas, including the renowned Miami Health District – the nation's second-largest medical and research hub – as well as popular destinations such as River Landing Shops, Miami Beach, Wynwood, Downtown Miami, Brickell, Coconut Grove, and Coral Gables. This makes it an ideal investment for developers and investors seeking a high-growth area with significant potential for future appreciation. The property's zoning allows for a wide range of development possibilities, making it a truly unique and compelling investment opportunity in one of South Florida's most dynamic and sought-after locations. This is a chance to capitalize on the burgeoning growth of Miami's urban core and create a landmark development. The property's coordinates are 25.7853995 latitude and -80.2074098 longitude.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.2074098
    Latitude
    25.7853995

    Comparable in this City

    • $9,621,818

      Miami Specialty Property For Sale

      Specialty property available for purchase in Miami, Florida.
      13698 Southwest 8Th Street Rd, Miami, FL 33136
      View Details
    • $420,000

      Miami Townhouse Near Metro Station

      1,344 SF townhouse near Culmer Metro Station in Miami.
      624 NW 11Th St, Miami, FL 33136
      View Details
    • $660,000
      8,800 SF

      Overtown Development Opportunity

      Prime 8,800 SF lot, $660,000
      1520 1St Ct, Miami, FL 33136
      View Details
    • $2,000,000
      2,800 SF

      Miami Retail Investment Opportunity

      Prime Miami retail space, 100% occupied.
      1525 3Rd Ave, Miami, FL 33136
      View Details
    • $1,590,000
      3,612 SF

      Miami Multifamily Investment Opportunity

      Riverside 5-Unit Airbnb Multiplex
      769 10Th St, Miami, FL 33136
      View Details
    • $6,500,000

      New Construction Co-Living Building

      New construction co-living building in developing Riverside/Little Havana neighborhood.
      1110 NW 7Th St, Miami, FL 33136
      View Details

    Similar Nearby for Sale

    • $9,621,818

      Miami Specialty Property For Sale

      Specialty property available for purchase in Miami, Florida.
      13698 Southwest 8Th Street Rd, Miami, FL 33136
      View Details
    • $420,000

      Miami Townhouse Near Metro Station

      1,344 SF townhouse near Culmer Metro Station in Miami.
      624 NW 11Th St, Miami, FL 33136
      View Details
    • $660,000
      8,800 SF

      Overtown Development Opportunity

      Prime 8,800 SF lot, $660,000
      1520 1St Ct, Miami, FL 33136
      View Details
    • $1,599,000

      Miami Multifamily Development Opportunity

      Prime Miami location, high-density zoning, 35+ unit potential.
      1448 2Nd Ave, Miami, FL 33136
      View Details
    • $7,100,000
      27,125 SF

      Prime Development Site Near UM/Jackson

      0.62-acre site ideal for mixed-use development.
      1210 NW 7Th Ave, Miami, FL 33136
      View Details
    • $450,000

      Turnkey Dental Office in Miami

      Fully equipped dental suite with seven operatories in Miami.
      782 NW 42Nd Ave, Miami, FL 33136
      View Details

    Similar Nearby for Lease

    • $120 SF/Yr
      6,304 SF

      Overtown Office Space for Lease

      Miami Office: Creative & Modern
      937 3Rd Ave, Miami, FL 33136
      View Details
    • $15 SF/Yr
      6,956 SF

      Prime Waterfront Warehouse in Miami

      6,956 SF Warehouse, Waterfront Views
      800 7Th Ave, Miami, FL 33136
      View Details
    • Contact for pricing
      2,862 SF

      Office Space Near Health District

      Office space near Jackson Memorial Hospital available for lease.
      1011 Sunnybrook Rd, Miami, FL 33136
      View Details
    • $39 SF/Yr
      4,006 SF

      Miami Tech Building Science Lab

      Rare permitted science lab space in top Miami tech building.
      1471 NW 8Th Ave, Miami, FL 33136
      View Details
    • $5,000 /Mo
      1,169 SF

      Remodeled Retail Spaces in Overtown

      Two retail spaces in a rapidly growing Miami neighborhood.
      212 NW 11Th St, Miami, FL 33136
      View Details
    • $6 SF/Yr
      30,257 SF

      Wynwood Land: Prime Commercial Site

      High-traffic Wynwood land, ideal for diverse uses.
      1984 Miami Ave, Miami, FL 33136
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1161 7Th Ct
    Miami, FL 33136
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.