7750 7Th AveMiami, FL 33150

  • Retail properties
  • 14,582 SF
For Lease
$25/SF/YR View listing

Property Details for 7750 7Th Ave

Year built
1947
Construction
CONCRETE
Lot size
0.60 AC
Property size (Sq ft)
14,582 SF
Zone code
7000:INDUSTRIAL,GENERAL
Property type
Retail properties
Property subtype
Outlet malls
APN
01-3111-035-0210
APU
131110350210

Description

This Little River, Miami property at 7750 NW 7th Ave offers 15,485 square feet of versatile space, ideal for various uses including retail, traditional office, executive office, coworking, medical office, and creative office. The single-story, 1954-built building underwent renovations in 2024 and sits on a 0.6-acre lot. Currently, 12,539 square feet are vacant, divisible into spaces as small as 1,332 square feet, with a maximum contiguous space of 15,485 square feet. The property features seven total suites and is classified as Class B. Its prime location on NW 7th Ave provides high visibility and excellent access to major roadways and public transportation. The D1 zoning allows for a variety of commercial uses. The property boasts ample signage opportunities and high ceilings, making it adaptable to diverse business needs. This is a unique opportunity to establish a presence in a thriving Miami submarket. The property's address is 7750 NW 7th Ave, Miami, FL 33150, with the APN 01-3111-035-0210. There are no elevators.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $13,907,008
    6.5%
    $12,837,238
    7%
    $11,920,293
  • Comparable approach

    Method
    Valuation
    Relative Method
    $14,068,819
    Geo Method
    $14,068,819
  • Alternative Use

    Use
    Valuation
    Residential
    $10,828,691
    Hospitality
    $9,919,022
    Educational
    $8,252,510
    Medical
    $8,536,327
    Retail
    $12,837,238
7750 7Th Ave, Miami, Florida

Location Insight

City
Miami
County
Miami-dade
State
Florida
Latitude
25.8459
Longitude
-80.2094
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
$35,368
$2,231,250
$287,750
$2,519,000
-
$2,231,250
$287,750
$2,519,000

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