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7610 Biscayne Blvd
Miami, FL 33138
Asking Price
$9.90M
Asset Type
Storefront Hospitality
Class
Class B
What's Special
FULLY BUILT HOSPITALITY & PRIVATE CLUB OPPORTUNITY <ul><li>Prime Biscayne Blvd / US-1 frontage</li><li>Located in the heart of Miami’s MiMo District</li><li>Currently home to Sanctuary MiMo</li><li>Approx. 14,139 SF ± building size</li><li>Approx. 13,762 SF ± site size</li><li>Designed to support multiple high-value hospitality uses</li><li>without significant modification</li><li>Strong access to Miami’s core neighborhoods</li><li>High-identity asset with destination appeal</li><li>Fully built, operational-grade improvements in place<
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NOI
$80,000
Cap Rate
0.81%
DSCR
0.14
Underwater
Cash-on-Cash
-17.10%
Monthly Payment
$48,979.798
Annual Cash Flow
$-507,757.58
