MiMo Boutique 7613-7617 Biscayne Blvd 2,739 SF Retail Building Miami, FL 33138 $2,390,000 ($872.58/SF)

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 thoroughfare. The property’s strategic position offers high visibility, heavy traffic, and great 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 3 boutique retail spaces, 1 live/work space and two residential studio apartments, plus a shared patio and parking for 4-5 cars in the rear.
The building can be run as an incubator space for local artists and entrepreneurs or converted into a single commercial space.
The smaller unit sizes are perfect for startup businesses and are achieving higher than market rents on a dollar per foot basis. Current Gross Income of $162,000 with one live/work space still available for an owner-operator office or rental.
Don’t miss this incredible opportunity to own a part of Miami’s Historic Biscayne Boulevard.