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Little Havana Two-Story Office Space
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1155 SW 6th St 2nd floor, Miami, FL 33130

Two-story office space in Little Havana, ideal for creative use.

Property Size17,534 SF
Days on Market188

Property Features for 1155 SW 6th St 2nd floor

General Information

Standard status Active
Size 17,534 SF
Property subtype Commercial
Lease Term 1 to 3 years

Site & Location

Neighborhood Spring Garden

Building Details

Building Size 17,534 SF
Year Built 1925
Listing Agency: Floridian First Realty Corp
Listed By: Lais Same · License #3570917
Source: Elliman
Added: Apr 24 Changed: Oct 25 Last Checked: Oct 26 at 6:35PM

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 Floridian First Realty Corp

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Investment Insights

Based on property information with market context.

This two-story office space is located in the heart of Little Havana and features an open layout suitable for a design studio or general office use. The space provides a professional environment with a creative feel, situated in a vibrant and centrally located area. It offers convenient access to local amenities and major roadways. Potential business uses include a design studio or creative agency, architecture or interior design office, marketing or branding studio, photo or content studio, boutique consulting or professional services office, real estate, insurance, or mortgage office, and tech or startup workspace or small team headquarters. The location has a bike score of 62, indicating it is bikeable, a walk score of 93, designating it as a walker's paradise, and a transit score of 54, suggesting good transit options.

Key Highlights

  • Walker's Paradise: Enjoy the convenience of a Walk Score of 93, indicating excellent walkability.
  • Centrally Located in Little Havana: Experience the vibrant atmosphere and easy access to amenities.
  • Two‑Story Office Space: Offers ample room for business operations.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$503,007
Suggested Prices Based on Cap Rates
Cap Rate 5%
$10,060,140 $10.1M
Cap Rate 7%
$7,185,814 $7.2M
Cap Rate 9%
$5,588,967 $5.6M
Market Conditions
NOI Build-Up for 17,534 SF
Gross rent
$789.0K $45.00/SF
− Vacancy
−$118.4K −$6.75/SF
EGI
$670.7K $38.25/SF
− OpEx
−$167.7K −$9.56/SF
NOI
$503.0K $28.69/SF
Area
Miami, FL
Vacancy
15.00%
Lease Rate
$45.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$10,060,140
Cap Rate 7%
$7,185,814
Cap Rate 9%
$5,588,967

Alternative Uses

Best Use
Office B
$7.19M
$6.29M – $8.38M (±1% cap)
NOI $503,007 @ 7.0% cap · market cap 21,860.37%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$11.84M
$10.36M – $13.81M (±1% cap)
NOI $828,489 @ 7.0% cap · market cap 36,005.61%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

6th Street Dance ... Theater & Performing Art Venue

Suggested Use

Top Pick Carpet & Flooring Store Butcher Restaurant Pet Grooming Service (Bike/Boat/Book/etc) Store Tanning Salon

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

3,984
Businesses Nearby

Demographics for 33130, FL

35,609
Population
20,377
Households
1.7
Avg Household Size
36
Median Age
42%
College-Educated
81%
High-School Grad
1.1 sq mi
ZIP Area
32,372
Density / Sq Mi
$57,933
Median Household Income
$36,888
Median Earnings
$1,656
Median Rent
$479,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Miami, FL

12.4% 2019
16.3% 2020
17% 2021
16.1% 2022
15% 2023
16.1% 2024
15.2% 2025

Frequently Asked Questions

What type of property is this?
Creative space - Two-story office space in Little Havana, ideal for creative use.
Where is this creative space located?
The property is located at 1155 SW 6th St 2nd floor Miami, FL.
What are key features of this property?
This property features: Walker's Paradise: Enjoy the convenience of a Walk Score of 93, indicating excellent walkability.; Centrally Located in Little Havana: Experience the vibrant atmosphere and easy access to amenities.; Two‑Story Office Space: Offers ample room for business operations.
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