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Property profile & analytics
OFF-MARKET
Turn key restaurants

7501 7th Ave Miami, FL 33150-3345

4,104 SF 0.23 ac lot Built 1956
Individually Owned 11-yr Hold Free & Clear
Property ID
US18-3824427
Property summary
AI-generated overview

This exceptional Miami property, located at 7501 NW 7th Ave and 665 NW 77th St, presents a compelling investment opportunity. The 27,400 square foot lot, zoned D1 Industrial, offers significant development potential. Its prime corner location on NW 7th Ave, a major north-south artery in Miami-Dade County, ensures high visibility with over 25,000 vehicles passing daily. The property's proximity to I-95 (one block west) provides unparalleled accessibility. The D1 zoning allows for diverse commercial and industrial uses, including the possibility of a mixed-use development incorporating residential and commercial spaces, aligning with a "Live Local" concept. The asking price is $2,999,000. The property includes APNs 01-3112-000-0120, 01-3112-000-0130, 01-3112-029-0040, and 01-3112-029-0060. Built in 1956, this site is ready for redevelopment or repurposing. Its strategic location and flexible zoning make it an ideal investment for developers seeking high-impact projects in a thriving Miami market. The property is currently classified as a restaurant.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1956
Construction CONCRETE
Total area 4,104 SF
Lot 0.23 ac (10,000 SF)
Zoning code 7000:INDUSTRIAL,GENERAL
APN 01-3112-000-0120
UPID US18-3824427
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
Current use
Occupant on record · Public records
  • Mattie's @ Jumbos Restaurant
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Mohammad I Tawil · 11 yrs held
Mohammad I Tawil
since 2014
1 recorded transaction
2014
$490,000
Zoning & alternative use
7000:INDUSTRIAL,GENERAL · Miami, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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