4685 NW 7th St, Miami FL 33126

Description of 4685 NW 7th St, Miami FL 33126

Fully leased neighborhood retail strip center offering stable in-place income (100% occupied) with strong tenancy mix and immediate cash flow. Positioned on a prominent corner lot along NW 7th Street, the property benefits from high visibility and consistent consumer traffic within one of Miami’s primary service corridors. The asset is strategically located along a major east-west arterial roadway with approximately 44,744 vehicles per day (VPD), providing excellent exposure and accessibility. The corridor serves as a key commercial and transit link, located approximately 0.5 miles from SR 836 (Dolphin Expwy) and 2 miles from SR 826 (Palmetto Expwy). Zoned T6-8-O, the property allows for high-density mixed-use development and qualifies under the Live Local Act for affordable and workforce housing. While currently positioned as an income-producing investment, the asset offers long-term redevelopment potential. Pro forma stabilization supports an estimated cap rate of approximately 5.6%, with significant upside through rent growth toward market levels. An Offering Memorandum is available that outlines a conceptual affordable/senior housing development scenario, including the financing structure and capital stack. This is not an approved project but illustrates future potential. The submarket is currently favoring stabilized retail assets, with limited new retail development, positioning this opportunity as a covered land play with strong current income and future upside.

Property Details for 4685 NW 7th St, Miami FL 33126

Pool Private

No

Building Information for 4685 NW 7th St, Miami FL 33126

Building Area Total

10800

Building Area Units

Square Feet

Stories

1

Stories Total

1

Association

No

Property Information for 4685 NW 7th St, Miami FL 33126

Lot Features

Corner Lot, Near Airport, Shopping Center

Lot Size Square Feet

24,375

Waterfront

No

View

No

Construction Materials

CBS Construction

Sewer

Public Sanitation

Water Source

Public

New Construction

No

Public Records for 4685 NW 7th St, Miami FL 33126

Parcel Number

01-31-32-006-0300

Tax Legal Description

32 53 41 .56 AC M/L LE JEUNE GARDENS ESTS PB 40-37 LOT 15 LESS S5FT FOR RD BLK 4 LOT SIZE 24375 SQUARE FEET OR 10437-2391 0679 6

Zoning

6100

County Or Parish

Miami-Dade County

Location