7501 7th Ave Miami, FL 33150-3345
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.
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Mattie's @ Jumbos Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
7000:INDUSTRIAL,GENERAL · Miami, FLMiami. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.