Miami Flex Space Opportunity

16155 SW 117th Ave, Miami, FL 33177

View on Map

For Sale

$1,195,000

Commercial - Miami, FL

Property size:

3,050 SF

Lot size:

0.05 Acres

Price / SF:

$391/SF

HighLights

Strategic location: close to FL Turnpike, main highways, and Tamiami Executive Airport.
Multiple‑purpose flex space combining office and warehouse.
Spacious layout: 3,050 sqft, featuring 9 office areas, reception, conference room, and lunchroom.
Easy warehouse access for loading.
Ample parking: 2 assigned spaces plus guest parking.
Suitable for various businesses: med spa, clinical office, insurance, law offices, etc.

We can help!

Contact an agent

Jorge Lopez

For Sale

$1,195,000

Commercial - Miami, FL

Property size:

3,050 SF

Lot size:

0.05 Acres

Price / SF:

$391/SF

Added:: Mar 17, 2026
Days on Market:: 104
Last Refresh:: Jun 28 at 11:06 am

Property Features for 16155 SW 117th Ave

General Information

Property type: Commercial Sale
Property subtype: Other
Zoning: 7700
Standard status: Active
APN: 30-50-30-019-0420
Size: 3,050 SF
Lot size: 0.05 Acres

Taxes and HOA fees

Tax Annual Amount: 6158
Expense value: 330
Expense: Home Owner Assessments Fee
Expense freq.: Monthly

Building Details

Year built: 1989
Architectural style: Other

We can help!

Contact an agent

Jorge Lopez

Listing agent Jorge Lopez License #3247936

Listing office Compass Florida, LLC 2875 NE 191 ST, Miami, FL

Listing date Mar 17, 2026

MLS# A11921205 Listing URL

HighLights

Strategic location: close to FL Turnpike, main highways, and Tamiami Executive Airport.
Multiple‑purpose flex space combining office and warehouse.
Spacious layout: 3,050 sqft, featuring 9 office areas, reception, conference room, and lunchroom.
Easy warehouse access for loading.
Ample parking: 2 assigned spaces plus guest parking.
Suitable for various businesses: med spa, clinical office, insurance, law offices, etc.

Overview

This two-story flex space in Miami, Florida, offers a combination of office and warehouse functionalities. The property has a total of 3,050 square feet and features a layout designed to maximize natural light. The first floor includes a glass conference room, a reception area, two bathrooms, a lunchroom, three additional offices, and a spacious warehouse area with easy loading access at the back. The second floor features a sitting room, three offices, and a large flexible space. In total, there are nine areas suitable for office spaces. The property includes two assigned parking spaces, as well as additional guest parking. Its location provides convenient access to the Florida Turnpike, other main highways, and Tamiami Executive Airport. The zoning is 7700. The property is suitable for various businesses, including med spas, clinical offices, insurance companies, and law offices, or any business requiring spacious office space.

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$139.1k	$45.60
− Vacancy	−$31.3k	−$10.26
EGI	$107.8k	$35.34
− OpEx	−$26.9k	−$8.84
NOI	$80.8k	$26.51

3,050 SF · lease $45.60/SF/yr · vacancy 22.50% · expense 25.00%

Alternative Uses

Best Use

Office B

$1.15M

$1.01M – $1.35M (±1% cap)

NOI $80,840 @ 7.0% cap · market cap 6.76%

Second Best

Mixed Use

$594.8K

$520.4K – $693.9K (±1% cap)

NOI $41,633 @ 7.0% cap · market cap 3.48%

Theoretical Best

Office A

$1.55M

$1.35M – $1.81M (±1% cap)

NOI $108,318 @ 7.0% cap · market cap 9.06%

Zoning and permitted uses should be independently verified with local authorities.

Property Profile Location Intelligence

Current Use by Public Records

MS Technik Egineering ... Industrial Manufacturer Cooling Engineering Group ... Engineering Consultant M & S Construction Company The Cookie Bandit (Bike/Boat/Book/etc) Store Andar International Medical Equipment Supplier

Suggested Use

Location Insight

Map
Local Demand

City: Miami
County: Miami-Dade
State: Florida
Longitude: -80.382029
Latitude: 25.623247

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For sale
Mixed-use properties
FL
Miami
33177
16155 SW 117th Ave

What type of property is this?

Mixed-use property - Two-story flex space with office and warehouse near FL Turnpike.

Where is this mixed-use property located?

The property is located at 16155 SW 117th Ave Miami, FL.

What is the asking price?

The asking price for this property is $1,195,000.

What are key features of this property?

This property features: Strategic location: close to FL Turnpike, main highways, and Tamiami Executive Airport.; Multiple‑purpose flex space combining office and warehouse.; Spacious layout: 3,050 sqft, featuring 9 office areas, reception, conference room, and lunchroom.

16155 SW 117th Ave, Miami, FL 33177

Commercial - Miami, FL

Property Features for 16155 SW 117th Ave

General Information

Taxes and HOA fees

Building Details

We can help!

HighLights

Overview

Local Financial Insights For Office B

Simulate Cap Rate and NOI

Alternative Uses

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Miami Riverfront Mixed-Use Opportunity

Miami Commercial Building For Sale

Miami Warehouse Condo For Sale

Miami Commercial Corner Lot Opportunity

Freestanding Commercial Building on 8th

Miami River Commercial Opportunity

Turnkey Freestanding Office

Wynwood Assemblage with Upside Potential

Miami Freestanding Building with Dealership

Detached Retail Convenience Building

Miami Mixed-Use Commercial Opportunity

Medical Office and Rehab Campus

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