Flex Space with Office
10890 NW 17th Street #138, Sweetwater, FL 33172
For Sale
$665,000
Built-out commercial unit combines private offices, a conference room, and warehouse functionality with roll-up loading access.
Property Size1,144 SF
Days on Market111
Property Features for 10890 NW 17th Street #138
General Information
Standard status
Size
Zoning
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Listing Agency:
Jade State Realty LLC
Listed By:
Javier Medina Perez · License #A11771219
(786) 794-2564
Source:
Laerrealty
Added: Jul 20
Changed: Nov 6
Last Checked: Sep 6 at 4:11AM
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 Jade State Realty LLC
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Investment Insights
Based on property information with market context.
This 1,144 SF flex condominium at Dolphin Commerce Center combines a finished office component with warehouse space. The interior includes a reception area, multiple private offices, and a conference room, while the warehouse offers high ceilings and a roll-up door for loading. Constructed in 2021, the unit is configured for businesses seeking both administrative and operational space within one property.
The property is located at 10890 Northwest 17th Street, Unit 138, in Miami, Florida. The business park provides 24/7 access and ample parking. Major highways and Miami International Airport are nearby, while Dolphin Mall is within walking distance. The layout supports owner-users and investors seeking a flexible commercial condominium setting.
The property is located at 10890 Northwest 17th Street, Unit 138, in Miami, Florida. The business park provides 24/7 access and ample parking. Major highways and Miami International Airport are nearby, while Dolphin Mall is within walking distance. The layout supports owner-users and investors seeking a flexible commercial condominium setting.
Key Highlights
- 1,144 SF office/warehouse condominium
- Built in 2021
- Reception area, multiple private offices, and conference room
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,322
Cap Rate
4.56%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$606,440
$606.4K
Cap Rate 7%
$433,171
$433.2K
Cap Rate 9%
$336,911
$336.9K
Market Conditions
NOI Build-Up for 1,144 SF
Gross rent
$52.2K $45.60/SF
− Vacancy
−$11.7K −$10.26/SF
EGI
$40.4K $35.34/SF
− OpEx
−$10.1K −$8.84/SF
NOI
$30.3K $26.51/SF
Area
Miami-Dade County, FL
Vacancy
22.50%
Lease Rate
$45.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$606,440
Cap Rate 7%
$433,171
Cap Rate 9%
$336,911
Alternative Uses
Best Use
Office B
$433.2K
$379.0K – $505.4K
NOI $30,322 @ 7.0% cap · market cap 4.56%
Second Best
Flex RnD
$359.5K
$314.5K – $419.4K
NOI $25,163 @ 7.0% cap · market cap 3.78%
Theoretical Best
Office A
$580.4K
$507.9K – $677.1K
NOI $40,628 @ 7.0% cap · market cap 6.11%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
3,883
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
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
$260,200
Median Home Value
Market
Average Price Trend$/SF for Flex space in Miami-Dade County, FL
Properties on Market for Flex space in Miami-Dade County
Vacancy Rate% for Office in South region
Similar Off Market Nearby
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- CSS — 2200 NW 102nd Pl, Doral, FL 33172
- Relish Miami — 2855 NW 112th Ave #7, Doral, FL 33172
Frequently Asked Questions
What type of property is this?
Flex space - Built-out commercial unit combines private offices, a conference room, and warehouse functionality with roll-up loading access.
Where is this flex space located?
The property is located at 10890 NW 17th Street #138 Sweetwater, FL.
What is the asking price?
The asking price for this property is $665,000.
What are key features of this property?
This property features: 1,144 SF office/warehouse condominium; Built in 2021; Reception area, multiple private offices, and conference room
