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Retail - for Sale

7111 BISCAYNE BLVD, MIAMI, FL 33138

Asking Price$4,950,000

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  • Days on market:

    93 day(s)
  • Original Price:

    $4,950,000
  • Tax Legal Description:

    WASHINGTON PLACE PB 20-54 LOT 1 & W25FT LOT 3 LESS ST & LESS BEG 15.70FTW & 69.52FTN OF SW COR OF LOT 1 CONT N 00 DEG W 28.72FT NELY AD 9.95
  • Property Type:

    Retail
  • Waterfrontage (sqft):

    100
  • Inclusions:

    Building & Land,Leases
  • Special Listing Conditions:

    Sale
  • Lot Features:

    Corner LotIn Residential Area

Description

$4,950,000

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, with current rent well below market, presenting strong upside potential through future lease restructuring or repositioning. strategically located near mimo, design district, wynwood and the upper east side, close 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.

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