Commercial Sale · Industrial
651 NW 106th Street, Miami FL 33150, MIAMI, FL, 33150
Active39 days on marketListed Jul 9, 2026MLS #A12043190
About this property
The property at a glance
Rare free-standing industrial/flex opportunity in one of Miami-Dade's tightest, most supply-starved corridors. ±4,861 SF building on a 10,053 SF infill site with fenced yard and on-site parking. Home to the same thriving local business for roughly 50 years — a five-decade testament to the location's demand and staying power. The owner-occupant will vacate at closing, delivering the building free and clear for immediate owner-user occupancy or investor lease-up to market, with the established business also available for purchase separately for a turnkey option. Positioned on the NW 7th Avenue corridor, minutes to I-95, SR-112, Miami International Airport, and the urban core for premium last-mile access. Offered at $2,400,000 ($494/SF), below recent small-bay sales on a per-foot basis, with pro forma NNN income and a substantial land component anchoring the basis. SBA-eligible for qualified owner-users. Infill industrial land is effectively irreplaceable here.
4,861
Building sq ft
$494
Price / sq ft
10,053
Lot sq ft
1964
Year built
6400
Zoning
Industrial
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
$13,152/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 John 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
31,936
Population
$40,802
Median income
35.8
Median age
2.83
Avg household
$377,700
Median home value
$1,179/mo
Median rent
3,848
Households w/ kids
Recent sales
What actually sold near 651 NW 106th Street
The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.
$1,500,000
3398 NW 53rd St, Miami FL 33142
Sold May 29, 2026
$1,700,000
3690 NW 54 ST, Miami FL 33142
Sold Sep 5, 2025
$2,300
3177 NW 54th St, Miami FL 33142
Sold Aug 4, 2025
Your team
The pros in your corner
Your agent
John Carpenter
CFO/Broker · CENTURY 21 Edge
Tours, offers, and every question about 651 NW 106th Street — start here.
Financing contact
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Ask about commercial financing options for 651 NW 106th Street.
See it in person
Schedule a tour
Live availability from John's calendar — pick a time and it's booked.
Keep looking
Similar properties nearby
Listing courtesy of Keller Williams Capital Realty · Janelle Fernandez. MLS #A12043190.
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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