7613-7617 Biscayne Blvd - Storefront Retail/Office FOR SALE


Miami, FL 33138- Upper East Side North
$2,390,000 USD
305-498-9816
7613-7617 Biscayne Blvd, Miami, FL for Sale
$2,390,000 USD
Storefront Retail/Office - FOR SALE
1/14
null | Request Cap Rate

7613-7617 Biscayne Blvd
Miami, FL 33138
Upper East Side North


HIGHLIGHTS

  • High-Traffic, Centrally Located in Miami’s Vibrant MiMo District
  • Mixed-Use provides steady income or value-add conversion to single-tenant
  • Renovated in 2022: Completed 40-Year Recertification, New Windows, HVAC, Electric and Plumbing,
  • Property has Transferrable Development Rights
  • Perfect size for an owner-user conversion to office or single tenant retail

OVERVIEW

DWNTWN Realty Advisors has been retained exclusively to arrange the sale of 7613 Biscayne Boulevard in Miami’s MiMo Historic District. This 2,739 SF charming retail building presents a rare investment opportunity in a prime location on a major thoroughfare. The property’s strategic position offers high visibility, heavy traffic, and great proximity to vibrant local culture, catering to the increasing demand for urban retail and office space. The building’s historic charm and distinctive architecture add to its appeal, attracting tenants seeking a unique space and enabling premium rent opportunities. With ongoing urban redevelopment and infrastructure enhancements in the area, property values are poised to grow, making this an attractive option for investors seeking stable returns in a dynamic market. Currently divided as 3 boutique retail spaces, 1 live/work space and two residential studio apartments, plus a shared patio and parking for 4-5 cars in the rear. The building can be run as an incubator space for local artists and entrepreneurs or converted into a single commercial space. The smaller unit sizes are perfect for startup businesses and are achieving higher than market rents on a dollar per foot basis. Current Gross Income of $162,000 with one live/work space still available for an owner-operator office or rental. Don’t miss this incredible opportunity to own a part of Miami’s Historic Biscayne Boulevard.

FOR SALE DETAILS

PRICE

$2,390,000 USD

PRICE/SF

$873 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

MiMo Boutique

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1937

SPRINKLERS

-

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,534 SF

ZONING

T6-8-O

APN/PARCEL ID

01-3207-018-0150

ASK ABOUT THIS PROPERTY

Andrew DixonDWNTWN Realty AdvisorsMore Info
305-498-9816

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Andrew DixonDWNTWN Realty AdvisorsMore Info
305-498-9816

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.