Second-Floor Mixed-Use
11373 W Flagler Street #208, Sweetwater, FL 33174
For Sale
Contact for pricing
Elevator and stair access serve a suite with central air conditioning and an interior bathroom.
Property Size53,477 SF
Price / SF$0.04
Days on Market68
Property Features for 11373 W Flagler Street #208
General Information
Standard status
Size
Elevators
Property subtype
Additional Details
Floor
Property Use
Amenities
central A/C
inside bathroom
Building Details
Year Built
Listing Agency:
Developers Group Realty
(305) 448-0102
Listed By:
Arturo Garcia-Lavin · License #0652100
(305) 588-0460
Source:
Wycliffecommunityrealty
Added: Sep 1
Changed: Nov 7
Last Checked: Nov 6 at 3:01PM
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 Developers Group Realty
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 second-floor mixed-use unit contains 750 square feet, with some office and reception improvements alongside open areas. Central air conditioning and an interior bathroom are in place, and the floor is served by both stairs and an elevator.
Two additional units are being remodeled and could be combined to create a 1,500-square-foot space; that work is not complete.
Two additional units are being remodeled and could be combined to create a 1,500-square-foot space; that work is not complete.
Key Highlights
- 750 SF second‑floor unit with partial office and reception improvements
- Access by elevator or stairs
- Central A/C and an interior bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$922,478
Suggested Prices Based on Cap Rates
Cap Rate 5%
$18,449,560
$18.4M
Cap Rate 7%
$13,178,257
$13.2M
Cap Rate 9%
$10,249,756
$10.2M
Market Conditions
NOI Build-Up for 53,477 SF
Gross rent
$1.60M $30.00/SF
− Vacancy
−$128.3K −$2.40/SF
EGI
$1.48M $27.60/SF
− OpEx
−$553.5K −$10.35/SF
NOI
$922.5K $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%
$18,449,560
Cap Rate 7%
$13,178,257
Cap Rate 9%
$10,249,756
Alternative Uses
Best Use
Office B
$20.25M
$17.72M – $23.62M
NOI $1,417,408 @ 7.0% cap · market cap 59,058.67%
Second Best
Mixed Use
$13.18M
$11.53M – $15.37M
NOI $922,478 @ 7.0% cap · market cap 38,436.58%
Theoretical Best
Office A
$27.13M
$23.74M – $31.65M
NOI $1,899,180 @ 7.0% cap · market cap 79,132.50%
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
1,189
Businesses Nearby
Explore this area
Business Placement
Demographics for 33174, FL
32,962
Population
11,474
Households
2.9
Avg Household Size
42
Median Age
29%
College-Educated
75%
High-School Grad
3.1 sq mi
ZIP Area
10,633
Density / Sq Mi
$59,599
Median Household Income
$30,210
Median Earnings
$1,786
Median Rent
$379,000
Median Home Value
Market
Average Price Trend$/SF for Mixed-use properties in Miami-Dade County, FL
Properties on Market for Mixed-use properties in Miami-Dade County
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Elevator and stair access serve a suite with central air conditioning and an interior bathroom.
Where is this mixed-use property located?
The property is located at 11373 W Flagler Street #208 Sweetwater, FL.
What are key features of this property?
This property features: 750 SF second‑floor unit with partial office and reception improvements; Access by elevator or stairs; Central A/C and an interior bathroom
