Home » Miami » 5235 NW 7th Ave, Miami, FL 33127 | A11565799

Retail For Sale 5235 NW 7th Ave, Miami, FL 33127

$1,099,000
Price has decreased by $100,000

Property Highlights

Listing ID A11565799 Status of this Listing: Active For Sale Property Type Commercial Sale Retail Building Area 2,023 Sqft/187.94 m2 approx. Lot area 12,936 Sqft/1201.79 m2 approx. Year Built 1950 Seller considers Owner Financing Time of this property on Rebonus 302 Day(s)

5235 NW 7th Ave, Miami, FL 33127

Property Description: West Little River 5235 nw 7 ave, 690 nw 52 st / end- user/ redevelopment play/ T5O zoning. 1. Corner /Retail 2000SF Building on a nearly 13,000sf lot. Unique opportunity to acquire an existing funeral home, well established over 30 years, with all existing licenses, generating income $3,500k/month gross. Lease is M2M. 2. Corner Vacant parcel with mixed use zoning ideal multifamily development with retail component. With a daily vehicle count of 24000, NW 7th ave is an important high traffic north-west corridor, connecting several critical neighborhoods of Miami and running parallel to I-95. The corridor is growing quickly in importance and is directly in the path of redevelopment, Property is located near the Liberty Square.

Useful Info

Previous Asking Price:$1,199,000
Original List Price:$1,199,000

Land Lot (Parcel) Details

Lot Size Unit:Square Feet

Construction

Structure Type:
  • Office
  • Retail

Property Features

Waterfront:No

Taxes and Expenses

Tax Annual Amount:$15,925

Property Tax Notice for Buyers: Do not rely on the current property taxes paid by the seller, as your tax liabilities may increase following the sale. Transferring ownership or making improvements to the property often triggers tax reassessments, which could raise the amount you owe. If you have questions regarding property valuation, please contact the County Property Appraiser’s Office.

Terms

Listing Terms Considered by Seller:
  • Conventional
  • Owner May Carry (Owner Financing, The Seller may be interested in carrying the mortgage note)
Occupant Type:
  • Call Agent
Lease Considered:No

Community

Senior Community:No

Parking

Covered Spaces:0

More Details

Other Information:
Flood ZoneX
FEMA Flood Zone DesignationsX
Ref1066037067
Subdivision Number13

Zoning and Legal

Tax Legal Description:RAILWAY SHOPS ADD 2ND AMD LOT 13 LESS W10FT & ALL LOT 14 BLK 13 PB 3-183 LOT SIZE 143.740 X 90 OR 19488-4423 11 2000 1
Real Estate Folio Number (Parcel Number):01-31-24-013-2400
Zoning Description:6101
Public Survey Range:31
Public Survey Section:24

Listing History

Update/EventDate/Days
Published Date:April 8, 2024 10:08 pm
On Market Date:April 2, 2024
Price Change Date Time:December 4, 2024 7:55 pm
Last Important Update Description:Price Change
Date and Time of Last Important Update:December 4, 2024 7:55 pm
Status Last Changed:April 8, 2024 10:08 pm
Photos Last Modified:December 4, 2024 10:40 pm
Last Modified:December 16, 2024 11:50 am
Days on the Market Reference Date:December 16, 2024
Days on the Market (updated on Last Modified*):258
Cumulative Days on the Market (updated on Last Modified**):258

Additional Information

Number of Photos:20
Location:,,
Included:,,
Area:31
Automated Valuation Display:Yes
Courtesy of:Fausto Commercial Realty Consultants Inc
Universal Property Id:US-12025-N-0131240132400-R-N

Location

Show Property Address:Yes
Street Name:7th Ave
Street Number:5235
Street Direction Prefix:NW
Street Address:5235 NW 7th Ave
City : Miami
State : Florida
Zip Code : 33127
County : Miami-Dade
Full Address:5235 NW 7th Ave, Miami, FL 33127
Latitude:N25° 49' 24.4''
Longitude:W81° 47' 31.6''

Neighborhood

Postal City:Miami

Property Map