5800 Biscayne Blvd

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5800 Biscayne Blvd

Miami, FL 33137
Asking Price
$2.80M
Asset Type
Retail
Class
Class B

What's Special

5800 Biscayne Boulevard is situated along the MiMo Historic District corridor in Upper East Side Miami. The property sits on a primary north-south artery, offering high visibility and direct access to Interstate 195 and the Julia Tuttle Causeway. The surrounding neighborhood is characterized by a mix of mid-century modern architecture, residential communities, and established local businesses. Nearby amenities include Legions Park, diverse dining options ranging from casual cafes to upscale bistros, and a variety of boutique fitness studios and service-oriented retail centers. The property is suited for fitness centers, showrooms, or boutique retail storefronts that benefit from high vehicular traffic and neighborhood walkability. Typical tenants for this asset class include dry cleaners, specialty grocers, medical offices, or professional service firms seeking street-level exposure. The location caters well to established regional brands or local businesses looking to serve the affluent residential populations of Morningside, Belle Meade, and Bay Point.

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NOI
$80,000
Cap Rate
2.86%
DSCR
0.48
Underwater
Cash-on-Cash
-10.27%
Monthly Payment
$13,852.872
Annual Cash Flow
$-86,234.467

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