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    Hialeah Flex Condo Warehouse Title is generated by Realmo AI

    1671 W 38th Pl 1406, Hialeah, FL 33012

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    Claim this Listing
    For Sale
    $350,000

    Versatile 1,305 SF flex condo warehouse in Hialeah.

    Type:Industrial
    Property size:
    1,305 SF
    Price / SF:
    $268/SF
    Added:
    Apr 24, 2026
    Days on Market:
    50
    Last Refresh:
    Apr 24 at 3:57 pm

    Property Features for 1671 W 38th Pl 1406

    General Information

    Standard status
    Active
    Size
    1,305 SF
    Property subtype
    Industrial

    Building Details

    Year Built
    1980

    We can help!

    Listing Contact
    Ivelisse PA Meneses
    Ivelisse PA Meneses

    Listing agent Ivelisse PA Meneses

    Listing office Kaizen Realty Partners, LLC

    Listing date Apr 24, 2026

    Source Elliman

    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 Kaizen Realty Partners, LLC

    HighLights

    • Versatile 1,305 sq ft Flex condo warehouse space.
    • Convenient front street‑level loading door.
    • Benefit from the high 20‑foot ceiling height.
    • Durable twin‑tee roof.
    • M‑1 Industrial zoning.
    • Heavy office buildout.

    Overview

    This flex condo warehouse, situated in Hialeah, provides 1,305 square feet of space. The property features a front street-level loading door and a 20-foot ceiling height. The building has a twin-tee roof. One assigned parking space is included. The property has a heavy office buildout. It is zoned M-1 Industrial and is located outside of Wellfield. The walk score is 68, indicating it is somewhat walkable, the bike score is 45, indicating it is somewhat bikeable, and the transit score is 31, indicating some transit options are available.

    Local Financial Insights For Office B

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $43.1k $33.00
    − Vacancy −$9.5k −$7.26
    EGI $33.6k $25.74
    − OpEx −$8.4k −$6.44
    NOI $25.2k $19.31
    1,305 SF · lease $33.00/SF/yr · vacancy 22.00% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $359.9K
    $314.9K – $419.9K (±1% cap)
    NOI $25,193 @ 7.0% cap · market cap 7.20%
    Second Best
    Flex RnD
    $280.9K
    $245.8K – $327.8K (±1% cap)
    NOI $19,666 @ 7.0% cap · market cap 5.62%
    Theoretical Best
    Office A
    $513.6K
    $449.4K – $599.3K (±1% cap)
    NOI $35,955 @ 7.0% cap · market cap 10.27%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    AC Repair Service ... Hardware & Home Improvement MedallionDesignStyle General Contractor Chem Index Inc Medical Supply Store Guaoo Printing Printing Service Kps Trabajo Shopping Center & Mall

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Mirta Salazar Catering — 1685 W 42nd St #1, Hialeah, FL 33012
    • Ale's Paella Catering Miami — 8282 NW South River Dr, Medley, FL 33166
    • Rode Services Inc — 9605 NW 79th Ave #17, Hialeah Gardens, FL 33016
    • Chef Cuba Catering — 8471 NW South River Dr, Medley, FL 33166
    • Mestizo — 8005 NW 80th St, Miami, FL 33166

    Location Insight

    • Map
    • Local Demand
    City
    Hialeah
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.316032
    Latitude
    25.85679

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    FAQs

    What type of property is this?
    Flex space - Versatile 1,305 SF flex condo warehouse in Hialeah.
    Where is this flex space located?
    The property is located at 1671 W 38th Pl 1406 Hialeah, FL.
    What is the asking price?
    The asking price for this property is $350,000.
    What are key features of this property?
    This property features: Versatile 1,305 sq ft Flex condo warehouse space.; Convenient front street‑level loading door.; Benefit from the high 20‑foot ceiling height.
    (786) 271-7712
    We can help!
    Listing Contact
    Ivelisse PA Meneses
    Ivelisse PA Meneses
    Learn More
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