| Building Size | 9,482 Square Feet |
| Land Size | 0.56 Acres |
| Zoning | T6-8-O |
| Year Built | 1972 |
| Traffic Volume | 40,744 VPD |
I am pleased to share an off-market opportunity available for a limited time.
4685 NW 7th St, Miami, is a 100% leased strip mall currently producing income, with clear and compelling redevelopment upside driven by its location, zoning context, and strong underlying demographics.
While the asset currently operates as a stabilized retail strip center, its highest and best use is as a development opportunity, particularly aligned with the demand for senior and affordable housing in this submarket.
I prepared a detailed development feasibility analysis (not a marketing concept), available at the link below. The study includes financial modeling, demographic analysis, demand drivers, and comparable projects, and is based on a capital stack simulation structured with:
- Low Income Housing Tax Credit (LIHTC) financing
- Conventional debt
- State Apartment Incentive Loan (SAIL)
- County surtax programs
- Developer equity
This underwriting reflects current public and institutional funding programs actively supporting affordable and senior housing development in Miami-Dade County.
Offering Memorandum & Feasibility Study:
SENIOR AFFORDABLE HOUSING DEVELOPMENT OPPORTUNITY
I hold an exclusive listing agreement, and the property will remain off-market only for a limited time before broader exposure. The objective of this initial phase is to engage developers and investors who understand the value of combining in-place income with redevelopment potential.
Please feel free to reach out directly with any questions.
The information contained herein is from sources deemed reliable, but is subject to errors, omissions, and withdrawal without notice.