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Industrial Flex Building

6815 NW 7th Ave Miami, FL 33150

6815 NW 7th Ave, Miami, FL, 33150
$995,000
For Sale
Claim this Listing
$995,000

Move-in ready flex/warehouse building with newer AC units, fresh paint, and a completed 40-year inspection.

Property Size3,120 SF
Price / SF$318.91
AddedJun 22
Days on Market24
Last RefreshJun 23 at 2:15 am

Property Features for 6815 NW 7th Ave

General Information

Standard status
Active
Size
3,120 SF
Property subtype
Commercial

Building Details

Year Built
1940

Listing office Charles Rutenberg Realty FTL

Listing date Jun 22, 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 Charles Rutenberg Realty FTL


Investment Insights

Based on property information with market context.

This industrial flex building offers approximately 3,120 square feet and is presented with new paint. Updates include two newer AC units, supporting comfortable conditioned work space for a range of uses that fit within a flex/warehouse configuration. A 40-year inspection has been completed and is described as in good standing.

The property is located at 6815 NW 7th Ave in Miami, Florida. It is currently occupied by a tenant on a month-to-month arrangement, with rent noted at $3,000.

For buyers seeking an owner-operator setup, this building can serve as a place of business with dedicated space for light industrial or warehousing needs. For investors, the existing month-to-month tenancy provides current occupancy status while allowing for future repositioning based on business requirements or tenant demand. Prospective buyers should confirm all terms of occupancy, building details, and suitability for their intended use during due diligence.

Key Highlights

  • Approx. 3,120 sq ft flex/warehouse building with 40‑year inspection completed
  • New paint and two newer AC units
  • Currently occupied by a 10+ year tenant on month‑to‑month at $3,000

Local Financial Insights For Warehouse

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 $62.9k $20.16
− Vacancy −$3.0k −$0.97
EGI $59.9k $19.19
− OpEx −$9.0k −$2.88
NOI $50.9k $16.31
3,120 SF · lease $20.16/SF/yr · vacancy 4.80% · expense 15.00%

Alternative Uses

Best Use
Warehouse
$727.1K
$636.2K – $848.3K (±1% cap)
NOI $50,898 @ 7.0% cap · market cap 5.12%
Second Best
Flex RnD
$653.6K
$571.9K – $762.5K (±1% cap)
NOI $45,752 @ 7.0% cap · market cap 4.60%
Theoretical Best
Specialty Retail
$2.11M
$1.84M – $2.46M (±1% cap)
NOI $147,421 @ 7.0% cap · market cap 14.82%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Covenant Ministries International Church

Suggested Use

Dental Office Real Estate Agency Law Firm Veterinary Clinic (Bike/Boat/Book/etc) Store Nursing Home Acupuncture Electrical Service Tech Support Center Florist

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

Similar Off Market Nearby

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FAQs

What type of property is this?
Flex space - Move-in ready flex/warehouse building with newer AC units, fresh paint, and a completed 40-year inspection.
Where is this flex space located?
The property is located at 6815 NW 7th Ave Miami, FL.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: Approx. 3,120 sq ft flex/warehouse building with 40‑year inspection completed; New paint and two newer AC units; Currently occupied by a 10+ year tenant on month‑to‑month at $3,000
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