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Warehouse with Office Area
For Sale
Under Contract
$780,000

7344 NW 56th St, Miami, FL 33166

COMMERCIAL - Miami, FL

Property Size2,400 SF
Lot Size0.06 Acres
Price / SF$325
Days on Market38

Property Features for 7344 NW 56th St

General Information

Property type Commercial Sale
Property subtype Other
Zoning description 7300
Parking 1
Parking features Assigned
Security features Security System
Subdivision 31
Standard status Active Under Contract
APN 30-30-23-039-0280
Lot size 0.06 Acres

Taxes and HOA fees

Tax Description MIAMI AIR/WEST TRADE CENTER CONDO UNIT 7344 UNDIV 1/72 INT IN COMMON ELEMENTS OFF REC 16995-0094 OR 17123-3733 0296 1 COC 23940-2522 11 2005
Tax Annual Amount 7682
HOA Fee $519 Monthly
Legal Description MIAMI AIR/WEST TRADE CENTER CONDO UNIT 7344 UNDIV 1/72 INT IN COMMON ELEMENTS OFF REC 16995-0094 OR 17123-3733 0296 1 COC 23940-2522 11 2005

Building Details

Year built 1973
Floors in Building 1
Flooring type Concrete, Laminate
Building materials Block
Roof type Concrete
Listing Agency: Bari Realty Group
Listed By: Simon Cruz · License #3243557
Added: Jun 30 Changed: Aug 4 Last Checked: Aug 6 at 8:06AM
MLS# A11953313

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.

The property offers approximately 2,200+/- sq. ft. of warehouse area along with approximately 200+/- sq. ft. of office space. The building includes one bathroom and is supported by a three-phase power setup. Ceiling height is listed at approximately 18'–22' clear, making the space suitable for general warehouse storage and light distribution uses.

The address is 7344 NW 56th St in Miami, FL 33166. The public remarks note proximity to Doral, the Palmetto Expressway (SR-826), and Miami International Airport, which can support customer and operational access. Parking is available with one assigned space plus a lot of visitor parking.

For prospective buyers seeking a compact flex-style footprint, the combination of warehouse space and on-site office space may fit businesses that need administrative space alongside day-to-day storage or distribution. The three-phase service and the stated clear ceiling height are practical considerations for operations requiring usable vertical clearance, while the parking arrangement can support employee and visitor needs.

Key Highlights

  • 2,200+/- SF warehouse plus 200+/- SF offices for a combined 2,400+/- SF space
  • 18'-22' clear ceiling height with 3‑phase power
  • Concrete roof and block construction

Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up
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.

Component $ $/SF
Gross rent $108.0k $45.00
− Vacancy −$16.2k −$6.75
EGI $91.8k $38.25
− OpEx −$23.0k −$9.56
NOI $68.9k $28.69
2,400 SF · lease $45.00/SF/yr · vacancy 15.00% · expense 25.00%

Alternative Uses

Best Use
Office B
$983.6K
$860.6K – $1.15M (±1% cap)
NOI $68,850 @ 7.0% cap · market cap 8.83%
Second Best
Warehouse
$559.3K
$489.4K – $652.5K (±1% cap)
NOI $39,152 @ 7.0% cap · market cap 5.02%
Theoretical Best
Specialty Retail
$1.62M
$1.42M – $1.89M (±1% cap)
NOI $113,401 @ 7.0% cap · market cap 14.54%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

CARGA MIAMI Shipping Company DS USA Investsments Big Box & Wholesale Store Dolphin Distributors Electronics & Wireless Store

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Veterinary Clinic Butcher Tanning Salon Pet Grooming Service Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

22 ft
Clear height
Yes
Heavy power
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

4,328
Businesses Nearby
Well-served
Demand for This Use

Demographics for 33166, FL

26,106
Population
10,838
Households
2.4
Avg Household Size
41
Median Age
42%
College-Educated
83%
High-School Grad
7.9 sq mi
ZIP Area
3,305
Density / Sq Mi
$78,166
Median Household Income
$39,744
Median Earnings
$1,766
Median Rent
$489,200
Median Home Value

Market

Vacancy Rate% for Office in Miami, FL

12.4% 2019
16.3% 2020
17% 2021
16.1% 2022
15% 2023
16.1% 2024
15.2% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Funky Lab 305 5149 NW 74th Ave, Miami, FL 33166
  • Taste of Style Catering - Ballroom 4747 NW 79th Ave, Miami, FL 33166
  • Gourmet Concepts 5231 Geneva NW 48th Way, Doral, FL 33166
  • Green Meals 7415 NW 54th St, Miami, FL 33166
  • Flying Food Group Florida 33166

Frequently Asked Questions

What type of property is this?
Flex space - Warehouse with dedicated office space, 18'–22' clear height, and both assigned and visitor parking.
Where is this flex space located?
The property is located at 7344 NW 56th St Miami, FL.
What is the asking price?
The asking price for this property is $780,000.
What are key features of this property?
This property features: 2,200+/- SF warehouse plus 200+/- SF offices for a combined 2,400+/- SF space; 18'-22' clear ceiling height with 3‑phase power; Concrete roof and block construction
More about this property
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