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Mixed-Use Warehouse and Office Unit

10891 NW 17th St # 141, Sweetwater, FL 33172

For Sale
$613,999

The property combines work and storage areas near major highways, Dolphin Mall, and International Mall.

Property Size1,300 SF
Price / SF$472.31
Days on Market46

Property Features for 10891 NW 17th St # 141

General Information

Standard status Active
Size 1,300 SF
Property subtype Mixed Use

Additional Details

Property Use Warehouse/Office

Building Details

Building Size 1,300 SF
Year Built 2017
Listing Agency: LPT Realty, LLC
Listed By: Steven Bombino · License #3392617
Source: Signaturemiamirealestate
Added: Sep 25 Changed: Nov 8 Last Checked: Nov 8 at 6:15PM

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 LPT Realty, LLC

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

Unit 141 at 10891 NW 17th St in Sweetwater combines warehouse and office space. Its mixed-use configuration is described for light-industrial operations.

Major highways are minutes away, and Dolphin Mall and International Mall are nearby. Retail, dining, hotels, and business services are also in the surrounding area.

Key Highlights

  • Combined warehouse and office space in Unit 141
  • Minutes from major highways
  • Near Dolphin Mall and International Mall

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$18,330
Cap Rate
2.99%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$366,600 $366.6K
Cap Rate 7%
$261,857 $261.9K
Cap Rate 9%
$203,667 $203.7K
Market Conditions
NOI Build-Up for 1,300 SF
Gross rent
$31.2K $24.00/SF
− Vacancy
−$1.9K −$1.44/SF
EGI
$29.3K $22.56/SF
− OpEx
−$11.0K −$8.46/SF
NOI
$18.3K $14.10/SF
Area
Miami-Dade County, FL
Vacancy
6.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$366,600
Cap Rate 7%
$261,857
Cap Rate 9%
$203,667

Alternative Uses

Best Use
Mixed Use
$261.9K
$229.1K – $305.5K (±1% cap)
NOI $18,330 @ 7.0% cap · market cap 2.99%
Second Best
Warehouse
$243.9K
$213.4K – $284.5K (±1% cap)
NOI $17,071 @ 7.0% cap · market cap 2.78%
Theoretical Best
Office A
$709.9K
$621.2K – $828.2K (±1% cap)
NOI $49,693 @ 7.0% cap · market cap 8.09%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Pet Grooming Service Locksmith Nursing Home Garden Center Restaurant

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

3,883
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

Average Price Trend$/SF for Mixed-use properties in Miami-Dade County, FL

$548 Jul
$585 Aug
$527 Sep
$528 Oct

Properties on Market for Mixed-use properties in Miami-Dade County

Jul
Aug
Sep
Oct

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - The property combines work and storage areas near major highways, Dolphin Mall, and International Mall.
Where is this mixed-use property located?
The property is located at 10891 NW 17th St # 141 Sweetwater, FL.
What is the asking price?
The asking price for this property is $613,999.
What are key features of this property?
This property features: Combined warehouse and office space in Unit 141; Minutes from major highways; Near Dolphin Mall and International Mall
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Includes: Price & PSF · Cap rate · Location · Zoning

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