7111 Biscayne Blvd - Freestanding FOR SALE


Miami, FL 33138- Upper East Side North
$4,950,000 USD
305-788-2878
7111 Biscayne Blvd, Miami, FL for Sale
$4,950,000 USD
Freestanding - FOR SALE
1/20
null | Request Cap Rate

7111 Biscayne Blvd
Miami, FL 33138
Upper East Side North


HIGHLIGHTS

  • The property was fully renovated in 2020 with upgrades to structural, mechanical, roofing, ADA compliance, and showroom finishes.
  • The turnkey building requires minimal capital investment, making it ideal for immediate use or repositioning.
  • The current lease is significantly below market, creating a clear opportunity to increase net operating income upon expiration.
  • Located in Miami’s sought-after MiMo District, the property is within walking distance of luxury hotels, dining, and retail.
  • It is just a 5–10 minute drive to key neighborhoods such as the Design District, Wynwood, Midtown, and Miami Beach.

OVERVIEW

7111 Biscayne Boulevard is a fully renovated, freestanding 5,600-square-foot retail building situated on a 10,800-square-foot lot in the heart of Miami’s Biscayne Corridor. Featuring 100 feet of direct frontage on Biscayne Boulevard, a major thoroughfare with over 43,000 vehicles per day, this signalized corner property offers excellent visibility and foot traffic. The building is fully leased to a single tenant under a triple-net (NNN) lease, with current rent well below market, presenting strong upside potential through future lease restructuring or repositioning. Strategically located near MiMo, the Design District, Wynwood, Midtown, and the Upper East Side, the property benefits from proximity to Miami’s most dynamic neighborhoods. Zoned CEN (Pedestrian Oriented Commercial), it also offers long-term redevelopment potential for mixed-use, vertical retail, or boutique multifamily projects. This is a rare investment opportunity with in-place income, limited near-term capital needs, and substantial long-term value.

FOR SALE DETAILS

PRICE

$4,950,000 USD

PRICE/SF

$884 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1936

SPRINKLERS

-

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.25 AC

LAND SF

10,890 SF

ZONING

6101/CEN

APN/PARCEL ID

01-3207-032-0010

ASK ABOUT THIS PROPERTY

Tomas SulichinRelatedISG RealtyMore Info
305-788-2878

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Tomas SulichinRelatedISG RealtyMore Info
305-788-2878

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