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MiMo Boutique 7613-7617 Biscayne Blvd
2,739 SF 100% Leased Retail Building Miami, FL 33138 $2,650,000 USD ($968 USD/SF)
Investment Highlights
- High-Traffic, Centrally Located in Miami’s Vibrant MiMo District
- Mixed-Use Provides Steady Income or Value-Add Conversion
- Perfect Size for Single Tenant Owner-User Office or Retail
- Includes Transferable Development Rights
Executive Summary
DWNTWN Realty Advisors has been retained exclusively to arrange the sale of 7613 Biscayne Boulevard in Miami’s MiMo Historic District. This 2,739 SF charming retail building presents a rare investment opportunity in a prime location on a major Miami thoroughfare. The property’s strategic position offers high visibility, heavy traffic, and proximity to vibrant local culture, catering to the increasing demand for urban retail and office space. The building’s historic charm and distinctive architecture add to its appeal, attracting tenants seeking a unique space and enabling premium rent opportunities. With ongoing urban redevelopment and infrastructure enhancements in the area, property values are poised to grow, making this an attractive option for investors seeking stable returns in a dynamic market. Currently divided as three boutique retail spaces, and two residential studio apartments, the building can be run as an incubator space for local artists and entrepreneurs or converted into a single commercial space. An owner-user living anywhere between Edgewater to Aventura would to benefit from the central location and accessibility of Miami’s Upper East Side.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
2,739 SF
Building Class
C
Year Built/Renovated
1937/2022
Price
$2,650,000 USD
Price Per SF
$968 USD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.43
Lot Size
0.15 AC
Zoning
T6-8-O - Commercial
Parking
4 Spaces (1.46 Spaces per 1,000 SF Leased)
Frontage
62 FT on Biscayne Blvd
Walk Score ®
Walker's Paradise (92)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 01-3207-018-0150 | Improvements Assessment | $140,644 USD |
Land Assessment | $960,000 USD | Total Assessment | $1,100,644 USD |
PROPERTY TAXES
Parcel Number
01-3207-018-0150
Land Assessment
$960,000 USD
Improvements Assessment
$140,644 USD
Total Assessment
$1,100,644 USD
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MiMo Boutique | 7613-7617 Biscayne Blvd
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