Private Flex Suite with
For Sale
$1,700,000
Pending
6030 NW 102nd Ave, Doral, FL 33178
Commercial Sale, Doral, FL
Property Size2,449 SF
Lot Size4.61 Acres
Days on Market60
Property Features for 6030 NW 102nd Ave
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
7100
Subdivision
28
Standard status
Pending
APN
35-30-17-049-0150
Lot size
4.61 Acres
Taxes and HOA fees
Tax Description
COLLECTION SUITES DORAL CONDO UNIT 205 BLDG INDIANAPOLIS UNDIV 2.7676% INT IN COMMON ELEMENTS OFF REC 31116-1259
HOA Fee
$1,600 Monthly
Legal Description
COLLECTION SUITES DORAL CONDO UNIT 205 BLDG INDIANAPOLIS UNDIV 2.7676% INT IN COMMON ELEMENTS OFF REC 31116-1259
Amenities
VIP Concierge Network
private clubhouse
catering
event access
vehicle detailing
gas delivery
dedicated transfer services
gated complex
Building Details
Year built
2018
Listing Agency:
Compass Florida, LLC
(305) 851-2820
Listed By:
Jesse Spencer · License #3282789
(305) 632-7195
Added: Jun 30
Changed: Aug 21
Last Checked: Aug 28 at 9:06PM
MLS# A12017667
Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Suite 205 is a 2,449 SF end-unit flex space within the Indianapolis Building at CollectionSuites. Completed in 2018, the suite combines showroom-style interiors with practical private amenities, including a kitchen wet bar, full bathroom, closet, and mezzanine. Its 24-foot ceiling height supports vehicle lifts or future mezzanine expansion. Automated controls operate the garage door, lighting, climate, sound, and in-suite security cameras through a smart app.
The four-building property is fully gated and includes access to the VIP Concierge Network, catering, events, vehicle detailing, gas delivery, and dedicated transfer services. Ownership also includes access to a private clubhouse planned as part of the CollectionSuites 2.0 expansion. The property is located at 6030 NW 102nd Ave in Doral, approximately 10 minutes from Miami International Airport, 20 minutes from Downtown Miami, and minutes from Coral Gables, Brickell, and Miami Beach.
The four-building property is fully gated and includes access to the VIP Concierge Network, catering, events, vehicle detailing, gas delivery, and dedicated transfer services. Ownership also includes access to a private clubhouse planned as part of the CollectionSuites 2.0 expansion. The property is located at 6030 NW 102nd Ave in Doral, approximately 10 minutes from Miami International Airport, 20 minutes from Downtown Miami, and minutes from Coral Gables, Brickell, and Miami Beach.
Key Highlights
- 2,449 SF end‑unit flex suite at CollectionSuites
- 24‑foot ceilings allow for car lifts or mezzanine expansion
- Wet bar, full bathroom, closet, and mezzanine included
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$53,868
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.17%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,077,360
$1.1M
Cap Rate 7%
$769,543
$769.5K
Cap Rate 9%
$598,533
$598.5K
Market Conditions
NOI Build-Up for 2,449 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$88.2K $36.00/SF
− Vacancy
−$5.3K −$2.16/SF
EGI
$82.9K $33.84/SF
− OpEx
−$29.0K −$11.84/SF
NOI
$53.9K $22.00/SF
Area
ZIP 33178
Vacancy
6.00%
Lease Rate
$36.00 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,077,360
Cap Rate 7%
$769,543
Cap Rate 9%
$598,533
Alternative Uses
Best Use
Flex RnD
$769.5K
$673.4K – $897.8K
NOI $53,868 @ 7.0% cap · market cap 3.17%
Second Best
Retail
$566.5K
$495.7K – $661.0K
NOI $39,658 @ 7.0% cap · market cap 2.33%
Theoretical Best
Office A
$1.24M
$1.09M – $1.45M
NOI $86,974 @ 7.0% cap · market cap 5.12%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
24 ft
Clear height
1
Drive-in doors
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
6
Businesses Nearby
Explore this area
Business Placement
Demographics for 33178, FL
65,487
Population
21,931
Households
3
Avg Household Size
37
Median Age
55%
College-Educated
86%
High-School Grad
61.1 sq mi
ZIP Area
1,072
Density / Sq Mi
$91,338
Median Household Income
$41,710
Median Earnings
$2,609
Median Rent
$499,300
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Similar Off Market Nearby
- La Cocina de Cesar — 6141 NW 115th Pl APT 358, Doral, FL 33178
Frequently Asked Questions
What type of property is this?
Flex space - End-unit commercial space includes a wet bar, full bathroom, mezzanine, and app-controlled building systems.
Where is this flex space located?
The property is located at 6030 NW 102nd Ave Doral, FL.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: 2,449 SF end‑unit flex suite at CollectionSuites; 24‑foot ceilings allow for car lifts or mezzanine expansion; Wet bar, full bathroom, closet, and mezzanine included
