Commercial Sale · Retail
4685 NW 7th St, Miami FL 33126, MIAMI, FL, 33126
Active144 days on marketListed Mar 25, 2026MLS #A11988163
About this property
The property at a glance
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.
10,800
Building sq ft
$412
Price / sq ft
24,375
Lot sq ft
1972
Year built
1
Building
6100
Zoning
Retail
Property type
The numbers
Investment snapshot
Income and lease details aren’t published in the MLS for this listing. Ask for the offering memorandum and rent roll to run cap rate, NOI and cash-on-cash.
Estimated payment (illustrative)
Estimated payment
$24,249/mo
Illustrative only. Commercial loans are underwritten on the property’s income (DSCR, cap rate) — typically 25–35% down with lender-set terms. Ask a commercial lender for real numbers. Estimates only — taxes at 1.1%/yr and typical insurance; your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Financing
Commercial financing works differently from a home loan — expect roughly 25–35% down with terms driven by the property’s income and your lender’s underwriting (DSCR, cap rate), not FHA or VA programs. Ask German to connect you with a commercial lender for real numbers.
Where it sits
Location & trade area
What’s nearby
Business data © OpenStreetMap contributors
The area
Who's around this property
55,032
Population
$56,604
Median income
48
Median age
3
Avg household
$362,933
Median home value
$1,503/mo
Median rent
5,140
Households w/ kids
Consumer profile
Interested in the finer things life has to offer, this population wants to display their lifestyle by discussing luxury products. Often references jewelry, cars, and home features.
Driven to succeed in the business world, this population seeks to progress in their career through networking happy hours, summits, and connecting with other professionals online.
The party don't stop until the sun comes up. Loud music, crowds, and shots are a recipe for a great night out for these people.
Passionate about all things hair, this population is talking about hair tutorials or the hottest celebrity blowout.
Who says the body isn't a canvas? This population loves talking about tattoos, body art and piercings.
Seeking peace and well-being through meditation, gratitude and spirituality.
Recent sales
What actually sold near 4685 NW 7th St
The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.
$1,400,000
3333 Rice St # 102, Miami FL 33133
Sold Mar 25, 2026
$1,787,500
6460 Bird Rd, South Miami FL 33155
Sold Sep 12, 2025
$2,900,000
7201 SW 40th St, Miami FL 33155
Sold Dec 18, 2025
Your team
The pros in your corner
Your agent
German Parra Tovar
REALTOR® · CENTURY 21 Edge
Tours, offers, and every question about 4685 NW 7th St — start here.
Financing contact
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Ask about commercial financing options for 4685 NW 7th St.
See it in person
Schedule a tour
Live availability from German's calendar — pick a time and it's booked.
Keep looking
Similar properties nearby
Listing courtesy of Fortune Christie's International Real Estate · Maria Miranda. MLS #A11988163.
IDX information is provided exclusively 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. Data is deemed reliable but is not guaranteed accurate by Miami Association of REALTORS®.
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