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Investment Highlights

  • Priced at $2,500,000, roughly $125 PSF on land, an REO basis positioned below replacement cost in a corridor with limited remaining infill supply
  • ±8,950 SF of existing improvements at $279.32 PSF allow interim holding income or full demolition, confirm current occupancy and lease status
  • Less than one block from I-95, with direct access to Downtown Miami, Wynwood, the Design District and Midtown employment centers
  • ±20,000 SF signalized hard corner at NW 7th Ave and NW 71st St, dual frontage supporting curb cuts, signage and efficient site planning
  • Miami 21 zoning supports mixed-use, multifamily, workforce housing, retail and service uses, giving buyers multiple exit strategies
  • Model City trade area of 31,778 residents within one mile and 201,185 within three miles, supporting multifamily and neighborhood retail

Executive Summary

This offering presents a rare urban infill redevelopment opportunity at the signalized northeast corner of NW 7th Avenue and NW 71st Street, delivering maximum visibility and dual frontage along two of Miami’s high-traffic corridors.
The site consists of approximately 20,000 square feet of land and is ideally positioned for repositioning or ground-up development in a rapidly evolving submarket. NW 7th Avenue is a major north–south artery with consistent daily traffic and strong connectivity throughout Miami’s urban core, while NW 71st Street provides additional access and neighborhood connectivity.
Located one block from Interstate 95, the property offer immediate regional accessibility to Downtown Miami, Wynwood, the Design District, and surrounding employment centers. The surrounding area continues to experience ongoing reinvestment, with increasing demand for residential, mixed-use, and neighborhood retail development.
The property falls under Miami 21 zoning, supporting a wide range of redevelopment strategies including mixed-use, multifamily, workforce housing, retail, and service-oriented uses. The site’s corner positioning, frontage, and scale create a highly efficient development footprint in a corridor with limited remaining infill opportunities.
Offered as an REO asset priced to sell, this is a compelling opportunity to acquire a well-located site below replacement cost with significant upside potential in one of Miami’s most active urban corridors.
CMV Commercial – The Martinez Team is exclusively representing the offering. Contact us for additional information.

Data Room Click Here to Access

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
8,950 SF
Building Class
C
Year Built
1946
Price
$3,447,350 CAD
Price Per SF
$385.18 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.45
Lot Size
0.46 AC
Opportunity Zone
Yes
Zoning
7000
Frontage
96’ on Northwest 71st Street
Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100

Nearby Major Retailers

Presidente Supermarket
Checkers Drive-in Restaurant
Regions Bank
Chase

Property Taxes

Property Taxes

Parcel Number
01-3112-036-0030
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$920,956 CAD
  • Listing ID: 39958752

  • Date on Market: 2026-03-30

  • Last Updated:

  • Address: 7101 NW 7th Ave, Miami, FL 33150

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