7931 Biscayne Blvd Miami, FL 33138-4618
- Turn key restaurants
- 1,144 SF
- 0.06 lot acres
Current Use by Public Records
- Metro by T-Mobile / Cell Phone Store / Cell Phone Accessory Store
Property Details for 7931 Biscayne Blvd
- Year built
- 1949
- Construction
- CONCRETE
- Lot size
- 0.06 lot acres
- Property size
- 1,144 SF
- Zone code
- 6100:COMMERCIAL,NEIGHBRHD
- Property type
- Turn key restaurants
- APN
- 01-3207-016-3410
- APU
- 132070163410
Description
This exceptional free-standing retail building is situated on a hard-corner lot at the high-traffic intersection of Biscayne Boulevard and NE 79th Street in Miami's Little River neighborhood. Boasting nearly 70,000 average daily vehicles passing by, this 1,115 square foot property offers unparalleled visibility and exposure for any business. The 0.06-acre lot provides ample space for customer parking and signage. Previously occupied by a national tenant, Metro by T-Mobile, the property is currently available for immediate occupancy by an end-user or presents a compelling investment opportunity for a new tenant. The flexible nature of the tenancy allows for a fresh start with a new lease at market rates, providing significant potential for rental income growth. This prime location in a rapidly developing area of Miami makes this a rare opportunity to acquire a high-visibility retail space in a thriving market. The building's strategic placement ensures maximum exposure to a large and diverse customer base, making it ideal for a wide range of retail businesses. This is a turnkey solution for an owner-occupier or a savvy investor seeking a strong return on investment in a high-demand location. The asking price is $1,295,000.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $310,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $413,000
Market price range: $414k - $1.51M
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Location Insight
- Map
- Local Demand
- City
- Miami
- County
- Miami-dade
- State
- Florida
- Longitude
- -80.1844
- Latitude
- 25.8484
- CBSA code
- 33100
- CBSA name
- MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA