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    3337 NW 74th Ave 3337 Miami, FL 33122

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    For Sale
    $1,450,000

    Versatile industrial/warehouse flex space near Miami International Airport.

    Type:Industrial
    Property size:
    4,300 SF
    Added:
    Apr 24, 2026
    Days on Market:
    6
    Last Refresh:
    Apr 24 at 3:08 pm

    Property Features for 3337 NW 74th Ave 3337

    General Information

    Standard status
    Active
    Size
    4,300 SF
    Property subtype
    Industrial

    Building Details

    Year Built
    1986

    We can help!

    Listing Contact
    Dexter Samour

    Listing agent Dexter Samour

    Listing office

    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 Dexter Samour

    Overview

    Updated Flex Space Near Airport

    This versatile industrial/warehouse flex space offers approximately 4,300 sq ft of usable area. City records indicate 3,833 sq ft, plus a grandfathered second-floor mezzanine suitable for extra office space, storage, or light manufacturing. Constructed in 1986 and fully updated, the property combines warehouse features with modern amenities. Key features include dock-high loading with an automatic door for efficient truck access and three-phase electricity suitable for heavy machinery or high-power needs. The entire space is air-conditioned and includes an insulated room for specialized or controlled storage. A Twin T roof provides durability and energy efficiency. The property has an 18' ceiling height, ideal for racking or oversized equipment. Multiple offices (up to 6), separate bathrooms, and assigned parking are included. Located in a well-established industrial park near Miami International Airport, it is suited for distribution, e-commerce fulfillment, light manufacturing, service businesses, or showroom/warehouse hybrids. The grandfathered mezzanine adds space without permitting issues. The property is located in one of Miami's strategic industrial corridors, minutes from Miami International Airport, the Port of Miami, and major highways including the Palmetto Expressway/SR 836, I-95, Florida's Turnpike, and I-75.
    Location Intelligence

    Current Use by Public Records

    JAS PERFUMES Cosmetic Store SPICE MOBILE Big Box & Wholesale Store Foster Stern LLC Physician Optimum MD Billing Medical Billing Service

    Suggested Use

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

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

    Similar Places Nearby

    • El Rey de la Paella — 2718 NW 72nd Ave, Miami, FL 33122
    • Adobo Food Truck — 2500 NW 79th Ave, Doral, FL 33122
    • Hamburgottis — 2007 NW 79th Ave, Miami, FL 33122
    • Antojitos Venezolanos — 2228 NW 82nd Ave, Doral, FL 33122
    • Parties By Pat — 8000 NW 21st St, Doral, FL 33126

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.316196
    Latitude
    25.804667

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    FAQs

    What type of property is this?
    Flex space - Versatile industrial/warehouse flex space near Miami International Airport.
    Where is this flex space located?
    The property is located at 3337 NW 74th Ave 3337 Miami, FL.
    What is the asking price?
    The asking price for this property is $1,450,000.
    What are key features of this property?
    This property features: Strategic Location: Minutes from Miami International Airport (MIA), Port of Miami, and major highways (Palmetto Expressway/SR 836, I‑95, Florida's Turnpike, I‑75).; Versatile Space: Features ~4,300 sq ft usable area with a grandfathered second‑floor mezzanine.; Dock‑High Loading: Equipped with an automatic door for efficient truck access.
    (305) 607-8841
    We can help!
    Listing Contact
    Dexter Samour
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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