4685 NW 7th St, Miami, FL, 33126

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$4,900,000
New Listing

4685 NW 7th St
Miami, FL 33126

For Sale|Retail|Active
0
Beds
0
Total Baths
10,800
SqFt
$454
/SqFt
1972
Built
County:
Miami-Dade
Call Now: +1 (786) 603-3075
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+1 (786) 603-3075
4685 NW 7th St4685 NW 7th St4685 NW 7th St4685 NW 7th St
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Monthly Payment (Est.)

$22,356
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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.

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Listing Snapshot
Price 
$4,900,000
Days On Site 
0 Days
Bedrooms 
N/A
Inside Area (SqFt) 
10,800 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.5596 Acres
Year Built 
1972
MLS® Number 
A11988163
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 hours agoListing first seen on site
6 hours agoListing updated with changes from the MLS®
General Features
Levels 
One
Number Of Stories 
1
Parking Spaces 
24
Property Sub Type 
Retail
Sewer 
Public Sewer
SqFt Total 
10800
Water Source 
Public
Zoning 
6100
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Exterior Features
Construction Details 
Block
Road Frontage 
City Street
Community Features
Financing Terms Available 
CashConventional
MLS Area 
30
Listing courtesy of Fortune Christie's International Real Estate

The data relating to real estate for sale on this web site comes in part from the Miami Association of Realtors, Realtor Association of Greater Ft. Lauderdale, and the South Broward Board of Realtors. Information is deemed reliable but not guaranteed. Copyright © 2026, Miami Association of Realtors, Realtor Association of Greater Ft. Lauderdale, and the South Broward Board of Realtors. All rights reserved. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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