7400 Biscayne BlvdMiami, FL 33138

Property Details for 7400 Biscayne Blvd

Year built

1937

Construction

CONCRETE

Lot size

0.17 AC

Property size (Sq ft)

3,400 SF

Zone code

6101

Property type

Retail properties

Property subtype

Outlet malls

APN

01-3207-040-1560

APU

132070401560

Description

This exceptional retail opportunity is located at 7400 Biscayne Boulevard, a high-traffic corner location in Miami's vibrant MiMo Historic District. The property boasts 2,263 square feet of vacant space, ideal for a variety of retail uses, including restaurants and storefronts. Its strategic position at the intersection of Biscayne Boulevard and 74th Street ensures maximum visibility and accessibility for potential customers. The property is classified as multi-tenant, offering flexibility for different business models. The MiMo District submarket, situated along Biscayne Boulevard, is known for its unique character and growing popularity, making this a prime location for businesses seeking a thriving and distinctive environment. The property's address is 7400 Biscayne Blvd, Miami, FL 33138. This is a remarkable chance to establish a presence in a rapidly developing area with high pedestrian and vehicular traffic. Detailed information and a brochure are available upon request. This property presents a compelling investment opportunity in a sought-after Miami location.

• CAP approach

  CAP return

  Valuation

  6%

  $3,242,616

  6.5%

  $2,993,184

  7%

  $2,779,385

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,280,344

  Geo Method

  $3,280,344

• Alternative Use

  Use

  Valuation

  Residential

  $2,524,863

  Hospitality

  $2,312,761

  Educational

  $1,924,190

  Medical

  $1,990,366

  Retail

  $2,993,184

Location Insight

City

Miami

County

Miami-dade

State

Florida

Latitude

25.8432

Longitude

-80.1848

CBSA code

33100

CBSA name

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

Property Tax & Assessments

FAQs

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