For Sale
$1,675,000

1730 7Th StMiami, FL 33125

6-unit building, high-traffic location.

Overview

Added:
Dec 11, 2024
Days on market:
114
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.

Highlights

  • $1,675,000 asking price for a mixed-use property.
  • 4,779 square feet, 6 units, on a 7,011 square foot lot.
  • Located at 1730 NW 7th St, Miami, FL 33125 in the Little Havana neighborhood.
  • Built in 1947, two stories, with a pro-forma cap rate of 7.88% and a pro-forma NOI of $132,000.
  • Property includes apartment building and retail space, ideal for mixed-use development.

Property Details for 1730 7Th St

Property type
Retail properties, Mixed-use properties
Square Feet
4,779 SF
Year Built
1947
Stories
2
Units
6

Location Insight

City
Miami
County
Miami-Dade
State
Florida
Latitude
25.7797934
Longitude
-80.2237878
1730 7Th St, Miami, Florida

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1730 7Th St
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