1515 7th St Miami, FL 33125-3603
Property profile & analytics
1515 7th St Miami, FL 33125-3603
- Drive through restaurants
- 2,620 SF
- 0.56 lot acres
Property ID
US18-5085104
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.
Location Intelligence
Current Use by Public Records
- MUSIC MANAGEMENT / Music Venue
Property Details for 1515 7th St
- Year built
- 2001
- Construction
- CONCRETE
- Lot size
- 0.56 lot acres
- Property size
- 2,620 SF
- Zone code
- 6100:COMMERCIAL,NEIGHBRHD
- Property type
- Drive through restaurants
- APN
- 01-3135-080-0010
- APU
- 131350800010
Description
This exceptional 2,620-square-foot former Wendy's quick-service restaurant building, situated on a 0.56-acre lot in Miami's Little Havana submarket, presents a unique investment opportunity. Vacant since Q2 2024, the single-tenant building boasts a prime location on NW 7th Street, a major commercial thoroughfare, offering excellent visibility and accessibility. The property benefits from 28 parking spaces and enjoys exceptional frontage along NW 7th Street, with multiple access points. Its strategic location across from Loan Depot Park, home of the Miami Marlins, ensures high traffic volume and exposure. Furthermore, its proximity to major roadways, sports venues, recreational areas, schools, and three major hospitals (within 1.5 miles) provides a strong customer base and significant potential for future development. The surrounding area is densely populated with residential neighborhoods, creating a built-in customer base for any new tenant. The property's zoning is T6 8 O, and the Miami-Dade County APN is 01-3135-080-0010. Built in 2001, this one-story building offers significant potential for a variety of quick-service restaurant or retail uses. The property's size and location make it an ideal investment for those seeking a high-traffic, high-visibility location in a thriving Miami neighborhood.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $3,459,000
Market price range: $948k - $3.46M -
Alternative Use
- Use
- Estimation
- RESTAURANT
- $1,945,000 Current use
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Miami
- County
- Miami-dade
- State
- Florida
- Longitude
- -80.2208
- Latitude
- 25.7803
- CBSA code
- 33100
- CBSA name
- MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$46,713
$2,419,300
$346,028
$2,765,328
-
$2,419,300
$346,028
$2,765,328
