5505 7Th AveMiami, FL 33127

  • Retail properties
  • 1,590 SF
For Sale
$600,000 View listing

Property Details for 5505 7Th Ave

Year built
1951
Construction
CONCRETE
Lot size
0.10 AC
Property size (Sq ft)
1,590 SF
Zone code
6100:COMMERCIAL,NEIGHBRHD
Property type
Retail properties
Property subtype
Outlet malls
APN
01-3113-046-0050
APU
131130460050

Description

This exceptional retail storefront, located at 5505 NW 7th Ave in Miami, Florida (zip code 33127), presents a lucrative investment opportunity. The property boasts a total of 2,338 square feet of net rentable space, divided into two units, making it ideal for a variety of retail ventures. Priced at $600,000, this translates to a price per square foot of $256.63, reflecting the property's prime location and potential for high returns. Situated in the vibrant Miami-Dade County, this storefront benefits from excellent visibility and accessibility, ensuring high foot traffic and exposure to a diverse customer base. The property's multi-unit configuration offers flexibility for various business models, allowing for expansion or the potential for separate leasing arrangements. This is a rare chance to acquire a well-positioned retail space in a thriving Miami market. The property's address is easily accessible and situated within a dynamic commercial area. This turnkey opportunity is ready for immediate occupancy and promises significant potential for growth and profitability. Don't miss this chance to own a piece of Miami's bustling retail scene.

5505 7Th Ave, Miami, Florida

Location Insight

City
Miami
County
Miami-dade
State
Florida
Latitude
25.8258
Longitude
-80.2078
CBSA code
33100
CBSA name
MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$3,551
$210,000
$68,793
$278,793
-
$210,000
$68,793
$278,793

FAQs

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