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4848 7th Ave Miami, FL 33127-2304

OFF-MARKET Outlet malls Google Maps
5,733 SF 0.33 ac lot Built 1958
Individually Owned 1-yr Hold Free & Clear
Estimated value (blended)
$1.84M
Range $1.66M – $2.02M (±10%)
Property ID US18-3694321

Property summary

AI-generated overview

This exceptional 5,415 square foot shopping center presents a lucrative investment opportunity in Miami, Florida. Located at 4848 NW 7th Ave, in the Liberty Square neighborhood, this single-story building sits on a 14,500 square foot lot and boasts direct frontage on NW 7th Ave/SR 441, a major thoroughfare with an average daily traffic count of 19,000 vehicles. The property is currently configured as a multi-tenant retail center with four units, offering flexibility for a variety of uses. The asking price is $1,700,000, translating to a price per square foot of $313.94. This prime location in Miami-Dade County, west of I-95 at the intersection of NW 7th Ave/SR 441 and NW 49th St, provides excellent visibility and accessibility. The property's strategic location and high traffic volume make it an ideal investment for both seasoned and emerging investors seeking a strong return on investment in a thriving urban market. The property is being offered for sale by owner. This is a rare opportunity to acquire a well-positioned retail center in a high-demand area of Miami.

Property profile

Verified
Property type Outlet malls
Use group WHOLESALE OUTLET, DISCOUNT STORE
Year built 1958
Construction CONCRETE
Total area 5,733 SF
Lot 0.33 ac (14,500 SF)
Zoning code 6101
APN 01-3124-001-1000
UPID US18-3694321

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Hair Salon

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.84M

Owner & transaction history

since 2024
2 recorded transactions
2024
Price N/A
2013
$342,000

Zoning & alternative use

6101 · Miami, FL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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