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Multi Bay Industrial Warehouse

$3,400,000

7357 NW 7th St, Miami, FL 33126

Active
Last Updated: 03/06/2025

11,400 sqft

Building Size

7

Units

Details:
Building Size:    11,400 sqft
Units:    7
Year Built:    1973
Highlights:
  • Flooring: Concrete
  • Parking Features: Assigned, On Street
  • Security Features: Security Fence
  • Ownership: Corporation
Description:

11,400 Total SF Building on 22,000 SF Lot Size / (6) 1,425 SF Bays & (1) 2,850 SF Corner Bay / (1) Street Level Door Each Bay / 6’ Clear Ceiling Height / (2) Parking Spaces p/bay, overflow street parking available / Light Industrial (IU-1) Zoning, Miami-Dade County / 40 Year Recertification /Month-to-Month Below Market Leases with exception of 1 Tenant / Tenants Paying Average of $13.00 p/sf gross, + electric, water, & trash / Ideal for Owner/User or Investor

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Today's Available Mortgage Rates

7357 NW 7th St, Miami, Florida 33126

Choose Your Priority
 
Interest Rate
Mo. Payments
Max LTV Max Loan to Value is determined by the participating lenders DSCR requirements and stated NOI for the property. If no NOI is present, a 5% Cap rate is used by default.
Loan Amount
Rates as of 06/14/2025
Bank*Lender #1049
5 Year Fixed
25 Year Amortization
Interest rate 5.96% 5 Year Fixed
Mo. Payment$12,221 25 Year Amortization
Max LTV Max Loan to Value is determined by the participating lenders DSCR requirements and stated NOI for the property. If no NOI is present, a 5% Cap rate is used by default. 56% LTV $0 Lender fees
Loan Amount $1,904,000 Loan Amount
Details
Bank*Lender #1459
7 Year Fixed
25 Year Amortization
Interest rate 6.06% 7 Year Fixed
Mo. Payment$11,676 25 Year Amortization
Max LTV Max Loan to Value is determined by the participating lenders DSCR requirements and stated NOI for the property. If no NOI is present, a 5% Cap rate is used by default. 53% LTV $0 Lender fees
Loan Amount $1,802,000 Loan Amount
Details
Bank*Lender #1459
10 Year Fixed
25 Year Amortization
Interest rate 6.06% 10 Year Fixed
Mo. Payment$11,676 25 Year Amortization
Max LTV Max Loan to Value is determined by the participating lenders DSCR requirements and stated NOI for the property. If no NOI is present, a 5% Cap rate is used by default. 53% LTV $0 Lender fees
Loan Amount $1,802,000 Loan Amount
Details
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CommLoan is providing quotes for information purposes only. For additional information on the largest commercial real estate lending marketplace, visit: www.commloan.com.

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