2899 NW 7th Ave - Fast Food FOR SALE


Miami, FL 33127- Allapattah
$4,850,000 USD
305-282-1862
2899 NW 7th Ave, Miami, FL for Sale
$4,850,000 USD
Fast Food - FOR SALE
1/6
null | Request Cap Rate

2899 NW 7th Ave
Miami, FL 33127
Allapattah


HIGHLIGHTS

  • Flexible D2 zoning supports a variety of future development scenarios.
  • DOT Traffic count 20,000 + vehicles daily
  • Current Income: $13,000 per month in place income
  • Signalized corner location at the western gateway to Wynwood.
  • Positioned within Eastern Allapattah's active redevelopment corridor.
  • Potential opportunity for future assemblage with nearby properties.

OVERVIEW

2899 NW 7th Ave presents a compelling opportunity to acquire a highly visible commercial asset at the western gateway to Wynwood, one of Miami's most active urban growth corridors. Situated on a hard signalized corner in Eastern Allapattah, the property benefits from exceptional exposure along a heavily traveled thoroughfare and occupies a strategic position between established employment centers, creative districts, and emerging mixed-use development activity. The property's flexible D2 zoning creates a wide range of potential future uses, allowing investors and developers to capitalize on evolving market demand while maintaining long-term optionality. Eastern Allapattah has experienced significant investment activity in recent years, fueled by institutional and private capital targeting the area's proximity to Wynwood, the Health District, Downtown Miami, and major transportation corridors. The neighborhood's continued transformation has attracted notable investors and developers including Moishe Mana, Robert Wennett, Jorge Pérez, and The Rubell Family, helping reinforce the area's redevelopment trajectory. As a standalone acquisition, the asset offers meaningful value through its visibility, accessibility, and redevelopment potential. Its corner positioning enhances identity and access while placing the site in the direct path of ongoing neighborhood investment. In addition, the property's location may support future assemblage opportunities with nearby and contiguous parcels, creating the potential for larger-scale redevelopment strategies as the surrounding district continues to mature. For investors seeking a strategically located Miami asset with zoning flexibility, strong visibility, and exposure to one of the city's most active redevelopment corridors, 2899 NW 7th Ave represents a rare opportunity to participate in the continued evolution of Eastern Allapattah and Wynwood's western expansion.

FOR SALE DETAILS

PRICE

$4,850,000 USD

PRICE/SF

$4,894 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1971

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.36 AC

LAND SF

15,682 SF

ZONING

D2

APN/PARCEL ID

01-3125-024-2450

ASK ABOUT THIS PROPERTY

Jonathan Eismann, PAJONATHAN EISMANN PA -More Info
305-282-1862

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Jonathan Eismann, PAJONATHAN EISMANN PA -More Info
305-282-1862

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