Flex Space with Street-Level
11231 NW 20th St # 127, Sweetwater, FL 33172
For Sale
Contact for pricing
A flexible office and warehouse layout includes a breakroom, restroom, and assigned parking.
Property Size2,500 SF
Price / SF$2.12
Days on Market102
Property Features for 11231 NW 20th St # 127
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Warehouse & Industrial
Clear Height
Office Build-Out
Drive-In Doors
Additional Details
Property Use
Taxes and HOA fees
Annual Taxes
Amenities
hurricane-resistant windows
night security patrol
Building Details
Building Size
Year Built
Listing Agency:
R.R.G.,LLC
Listed By:
Yury Vargas · License #3210970
(305) 717-3535
Source:
Signaturemiamirealestate
Added: Jul 29
Changed: Nov 6
Last Checked: Nov 6 at 3:02PM
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 R.R.G.,LLC
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.
This 2,500-square-foot flex unit combines approximately 500 square feet of office space with an open warehouse area. A breakroom and restroom support the office component, while a street-level loading door serves the warehouse. The space has 20-foot clear height and was built in 2008.
Hurricane-resistant windows, night security patrol, and five assigned parking spaces are additional property features.
Hurricane-resistant windows, night security patrol, and five assigned parking spaces are additional property features.
Key Highlights
- Approximately 2,500 square feet with 500 square feet of office space
- Open warehouse area with a street‑level loading door
- 20‑foot clear height
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,989
Suggested Prices Based on Cap Rates
Cap Rate 5%
$539,780
$539.8K
Cap Rate 7%
$385,557
$385.6K
Cap Rate 9%
$299,878
$299.9K
Market Conditions
NOI Build-Up for 2,500 SF
Gross rent
$40.8K $16.32/SF
− Vacancy
−$2.2K −$0.90/SF
EGI
$38.6K $15.42/SF
− OpEx
−$11.6K −$4.63/SF
NOI
$27.0K $10.80/SF
Area
Miami-Dade County, FL
Vacancy
5.50%
Lease Rate
$16.32 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$539,780
Cap Rate 7%
$385,557
Cap Rate 9%
$299,878
Alternative Uses
Best Use
Flex RnD
$785.6K
$687.4K – $916.5K
NOI $54,990 @ 7.0% cap · market cap 1,037.55%
Second Best
Warehouse
$468.2K
$409.7K – $546.2K
NOI $32,773 @ 7.0% cap · market cap 618.36%
Theoretical Best
Office A
$1.27M
$1.11M – $1.48M
NOI $88,785 @ 7.0% cap · market cap 1,675.19%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
20 ft
Clear height
1
Drive-in doors
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 Industrial in South region
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Frequently Asked Questions
What type of property is this?
Flex space - A flexible office and warehouse layout includes a breakroom, restroom, and assigned parking.
Where is this flex space located?
The property is located at 11231 NW 20th St # 127 Sweetwater, FL.
What are key features of this property?
This property features: Approximately 2,500 square feet with 500 square feet of office space; Open warehouse area with a street‑level loading door; 20‑foot clear height
