Commercial Sale · Retail
216 NW 11th St, Miami FL 33136, MIAMI, FL, 33136
Active137 days on marketListed Mar 27, 2026MLS #A11992614
About this property
The property at a glance
Two fully remodeled ratail spaces ara available for lease in the rapidly growing neighborthood of Overtown , located at 212 NW 11th Street . The units measure 761SF and 408 SF, ideal for a variety of business types including retail,office,fitness,beauty,or creative uses.The property offers flexibility for food and beverage concepts,with ownership open to assisting with grease trap and hood installation.A patio area provides the option for outdoor seating. Strategically positioned near major nightlife venues like Eleven and Club Space,and established destinations such as Red Rooster Overtown and The Pool Hall, the location benefits from strong visibility and foot traffic. It is also steps away from One West Twelve, a major 23-story luxury residential development. This offering represents a prime opportunity for businesses looking to establish themselves in one of Miami´s most dynamic and fast-developing neighborhoods
37,500
Building sq ft
$0
Price / sq ft
3,750
Lot sq ft
1958
Year built
6100
Zoning
Retail
Property type
The numbers
Investment snapshot
Income and lease details aren’t published in the MLS for this listing. Ask for the offering memorandum and rent roll to run cap rate, NOI and cash-on-cash.
Estimated payment (illustrative)
Estimated payment
$174/mo
Illustrative only. Commercial loans are underwritten on the property’s income (DSCR, cap rate) — typically 25–35% down with lender-set terms. Ask a commercial lender for real numbers. Estimates only — taxes at 1.1%/yr and typical insurance; your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Financing
Commercial financing works differently from a home loan — expect roughly 25–35% down with terms driven by the property’s income and your lender’s underwriting (DSCR, cap rate), not FHA or VA programs. Ask David to connect you with a commercial lender for real numbers.
Where it sits
Location & trade area
What’s nearby
Business data © OpenStreetMap contributors
The area
Who's around this property
13,016
Population
$46,100
Median income
35
Median age
2
Avg household
$424,950
Median home value
$1,282/mo
Median rent
1,407
Households w/ kids
Consumer profile
The party don't stop until the sun comes up. Loud music, crowds, and shots are a recipe for a great night out for these people.
Driven to succeed in the business world, this population seeks to progress in their career through networking happy hours, summits, and connecting with other professionals online.
Interested in the finer things life has to offer, this population wants to display their lifestyle by discussing luxury products. Often references jewelry, cars, and home features.
Dropping the beat and raising the roof, this population enjoys everything hip hop culture has to offer, including music, dance moves, and fashion.
Seeking peace and well-being through meditation, gratitude and spirituality.
This population seeks to advocate for a more just world. Common activities include protests, rallies, and spreading awareness to the public about social justice issues.
Recent sales
What actually sold near 216 NW 11th St
The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.
$50
3438 N Miami Ave, Miami FL 33127
Sold Oct 13, 2025
$2,110,000
1707 SW 5th St, Miami FL 33136
Sold Apr 4, 2025
$138,450
2770 SW 27th Ave, Miami FL 33133
Sold Oct 1, 2024
Your team
The pros in your corner
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, offers, and every question about 216 NW 11th St — start here.
Financing contact
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Ask about commercial financing options for 216 NW 11th St.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Keep looking
Similar properties nearby
Listing courtesy of Fausto Commercial Realty Consultants Inc · Antonio Saladrigas. MLS #A11992614.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Miami Association of REALTORS®.
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