2380 7Th StMiami, FL 33125

Property Details for 2380 7Th St

Year built

1930

Construction

CONCRETE

Lot size

0.12 AC

Property size (Sq ft)

1,965 SF

Zone code

6100:COMMERCIAL,NEIGHBRHD

Property type

Office buildings

APN

01-4103-027-0010

APU

141030270010

Description

This exceptional freestanding medical office building, totaling 14,112 square feet, is situated on a 0.4-acre lot in Miami's Little Havana submarket. The two-story, Class C building, constructed in 1930 and recently renovated (including a new roof and updated patio), features 26 parking spaces and is fully equipped for medical use. The interior includes patient waiting areas, exam rooms with plumbing, MRI and X-ray rooms, and a biopsy room. Benefiting from high visibility on NW 7th Street, near major thoroughfares, the property enjoys significant daily traffic exposure. Its convenient location offers easy access to UM/Jackson Health District, Downtown/Brickell, and major expressways (SR-836, I-95, SR-826), as well as proximity to Miami International Airport. Zoned T6-8-O, this property presents a unique opportunity, allowing for potential future high-density mixed-use development. The building's versatile design and prime location make it an attractive investment in the thriving Miami market. The property consists of two buildings and has two stories. APN numbers are 01-4103-027-0010 and 01-4103-027-0020. The property is located at 2380 NW 7th St, Miami, FL 33125.

• CAP approach

  CAP return

  Valuation

  6%

  $1,696,548

  6.5%

  $1,566,044

  7%

  $1,454,184

• Comparable approach

  Method

  Valuation

  Relative Method

  $752,320

  Geo Method

  $752,320

• Alternative Use

  Use

  Valuation

  Residential

  $1,941,895

  Hospitality

  $1,778,766

  Educational

  $1,479,912

  Medical

  $1,530,808

  Retail

  $2,302,086

Location Insight

City

Miami

County

Miami-dade

State

Florida

Latitude

25.7793

Longitude

-80.2352

CBSA code

33100

CBSA name

MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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