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Mixed-Use Warehouse and Office Unit

10891 NW 17th Street #142, Sweetwater, FL 33172

For Sale
$613,999

A current month-to-month tenancy provides rental occupancy.

Property Size1,236 SF
Price / SF$496.76
Days on Market54

Property Features for 10891 NW 17th Street #142

General Information

Standard status Active
Size 1,236 SF
Property subtype Mixed Use

Additional Details

Gross Income $48,000
Tenant in Place Yes
Property Use Warehouse/Office

Building Details

Year Built 2017
Listing Agency: LPT Realty, LLC
Listed By: Steven Bombino · License #3392617
Source: Miznerpartners
Added: Sep 15 Changed: Nov 6 Last Checked: Nov 6 at 2:51PM

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
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

Built in 2017, this 1,236-square-foot unit combines warehouse and office space. It is occupied by a tenant on a month-to-month basis.

The property is minutes from Dolphin Mall and major expressways.

Key Highlights

  • 1,236‑square‑foot warehouse and office combination
  • Built in 2017
  • Tenant occupancy on a month‑to‑month basis

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$21,321
Cap Rate
3.47%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$426,420 $426.4K
Cap Rate 7%
$304,586 $304.6K
Cap Rate 9%
$236,900 $236.9K
Market Conditions
NOI Build-Up for 1,236 SF
Gross rent
$37.1K $30.00/SF
− Vacancy
−$3.0K −$2.40/SF
EGI
$34.1K $27.60/SF
− OpEx
−$12.8K −$10.35/SF
NOI
$21.3K $17.25/SF
Area
Miami-Dade County, FL
Vacancy
8.00%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$426,420
Cap Rate 7%
$304,586
Cap Rate 9%
$236,900

Alternative Uses

Best Use
Mixed Use
$304.6K
$266.5K – $355.4K (±1% cap)
NOI $21,321 @ 7.0% cap · market cap 3.47%
Second Best
Warehouse
$231.5K
$202.5K – $270.1K (±1% cap)
NOI $16,203 @ 7.0% cap · market cap 2.64%
Theoretical Best
Office A
$627.1K
$548.7K – $731.6K (±1% cap)
NOI $43,895 @ 7.0% cap · market cap 7.15%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Mixed-use properties

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 - A current month-to-month tenancy provides rental occupancy.
Where is this mixed-use property located?
The property is located at 10891 NW 17th Street #142 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: 1,236‑square‑foot warehouse and office combination; Built in 2017; Tenant occupancy on a month‑to‑month basis
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Includes: Price & PSF · Cap rate · Location · Zoning

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