10550 Biscayne Blvd

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10550 Biscayne Blvd

Miami, FL 33138
Asking Price
$8.24M
Asset Type
Retail
Class
Class B

What's Special

Located at 10550 Biscayne Blvd, this retail property sits along a major north-south transit corridor in Miami’s Shorecrest neighborhood. The area is characterized by a mix of mid-century residential buildings and modern mixed-use developments. The site offers high visibility to daily commuters and is situated near the Broad Causeway, providing direct access to North Miami Beach and Bal Harbour. Nearby amenities include grocery anchors, pharmacies, and diverse dining options, all supported by multiple municipal bus routes serving the immediate area. The property is suited for glass-front retail, service-oriented businesses, or boutique fitness studios requiring steady vehicle traffic exposure. Ideal tenants include neighborhood-serving businesses such as specialty cafes, professional salons, or medical suites that benefit from the local residential density. The layout supports retailers looking to capture both the local pedestrian base and the high volume of motorists traveling between downtown Miami and the northern suburbs.

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NOI
$80,000
Cap Rate
0.97%
DSCR
0.16
Underwater
Cash-on-Cash
-16.55%
Monthly Payment
$40,748.694
Annual Cash Flow
$-408,984.325

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