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Doral Rooftop Terrace Unit
For Sale
$1,675,000

10450 NW 33rd St 501, Doral, FL 33172

Exceptional rooftop unit in Doral, ideal for various commercial uses.

Property Size4,835 SF
Price / SF$346.43
Days on Market98

Property Features for 10450 NW 33rd St 501

General Information

Standard status Active
Size 4,835 SF
Property subtype Commercial

Building Details

Year Built 2019
Listing Agency:
Listed By: Arquimedes De La Paz Neris LLC
Source: Elliman
Added: Apr 24 Changed: Jul 10 Last Checked: Jul 29 at 7:11AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Arquimedes De La Paz Neris LLC

Investment Insights

Based on property information with market context.

This premier rooftop terrace unit is available for sale in Doral, offering 4,835 square feet of space on the 5th floor. Access is provided via two private elevators. The unit features insulated flooring. Situated in a prime location, it is just steps away from Aloft and Element Hotels. A built-in grease trap is included. The unit provides panoramic views of Downtown Miami, Brickell, Doral, and Sweetwater. It is suitable for a variety of commercial and professional uses, including a medical office, restaurant, bar/lounge, or gallery. Buyers should verify permitted uses with the City of Doral. The location has a bike score of 61, indicating it is bikeable, a walk score of 13, indicating it is car-dependent, and a transit score of 0, indicating no nearby transit.

Key Highlights

  • Exceptional 4,835 SF rooftop/terrace unit in Doral.
  • Enjoy panoramic views of Downtown Miami, Brickell, Doral, and Sweetwater.
  • Prime location steps from Aloft and Element Hotels.

Financial Insights For Retail

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 $127.6k $26.40
− Vacancy −$10.8k −$2.24
EGI $116.8k $24.16
− OpEx −$35.0k −$7.25
NOI $81.8k $16.91
4,835 SF · lease $26.40/SF/yr · vacancy 8.50% · expense 30.00%

Alternative Uses

Best Use
Retail
$1.17M
$1.02M – $1.36M (±1% cap)
NOI $81,756 @ 7.0% cap · market cap 4.88%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.45M
$2.15M – $2.86M (±1% cap)
NOI $171,710 @ 7.0% cap · market cap 10.25%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Pet Grooming Service Garden Center Supermarket Locksmith

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

Location Intelligence

Trade Area within ½ mile

2,562
Businesses Nearby

Demographics for 33172, FL

43,911
Population
16,103
Households
2.7
Avg Household Size
42
Median Age
32%
College-Educated
75%
High-School Grad
6.4 sq mi
ZIP Area
6,861
Density / Sq Mi
$61,733
Median Household Income
$35,061
Median Earnings
$1,926
Median Rent
$260,200
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Exceptional rooftop unit in Doral, ideal for various commercial uses.
Where is this retail space located?
The property is located at 10450 NW 33rd St 501 Doral, FL.
What is the asking price?
The asking price for this property is $1,675,000.
What are key features of this property?
This property features: Exceptional 4,835 SF rooftop/terrace unit in Doral.; Enjoy panoramic views of Downtown Miami, Brickell, Doral, and Sweetwater.; Prime location steps from Aloft and Element Hotels.
More about this property
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