1730 7th St Miami, FL 33125-3557
- Retail residential properties
- 4,779 SF
- 0.16 lot acres
Current Use by Public Records
- sl2 Tattoo Art / Tattoo & Piercing Shop
Property Details for 1730 7th St
- Year built
- 1946
- Construction
- CONCRETE
- Lot size
- 0.16 lot acres
- Property size
- 4,779 SF
- Zone code
- 6100:COMMERCIAL,NEIGHBRHD
- Property type
- Retail residential properties
- APN
- 01-4103-006-0040
- APU
- 141030060040
Description
This exceptional mixed-use property, situated at 1730 NW 7th St in Miami's vibrant Little Havana, presents a compelling investment opportunity. The 4,779 square foot building, constructed in 1947, boasts six units and sits on a 7,011 square foot lot. Its two stories offer a versatile layout suitable for a variety of uses, including retail, office, or service-oriented businesses, capitalizing on the area's high foot traffic and cultural vibrancy. The multifamily component provides additional income potential through rental units. The property's prime location offers excellent visibility and accessibility, with close proximity to major roadways, diverse dining options, and entertainment venues. Financial projections indicate a pro-forma NOI of $132,000 and a 7.88% pro-forma cap rate, based on an asking price of $1,675,000 ($350.49 per square foot). This presents a rare chance to acquire a thriving mixed-use asset in one of Miami's most dynamic and rapidly growing neighborhoods. The property's strong cash flow and strategic location make it an ideal investment for those seeking both immediate returns and long-term appreciation.
Value Estimations
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Location Insight
- Map
- Local Demand
- City
- Miami
- County
- Miami-dade
- State
- Florida
- Longitude
- -80.2238
- Latitude
- 25.7796
- CBSA code
- 33100
- CBSA name
- MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA