Renovated Flex
14020 NW 19TH Avenue, Opa Locka, FL 33054
For Sale
$1,200,000
Commercial Sale, OPA LOCKA, FL
Property Size3,600 SF
Lot Size0.12 Acres
Price / SF$333.33
Days on Market185
Property Features for 14020 NW 19TH Avenue
General Information
Property type
Property subtype
Zoning
Subdivision
Directions
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Year
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Tax Annual Amount
Legal Description
Utilities
Cooling system
Building Details
Year built
Floors in Building
Building materials
Listing Agency:
COMMERCIAL REAL ESTATE PROF IN
Listed By:
Mark Allen · License FL #3231641
(407) 737-9797
Added: May 12
Changed: Oct 16
Last Checked: Nov 12 at 5:06PM
MLS# O6407160
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This flex-space property contains a 3,600-square-foot building configured for industrial office and warehouse use. The building includes restroom facilities, metal siding, and central air conditioning. Originally constructed in 1956, it has undergone renovation and updating, including improvements to the roof, electrical system, plumbing, HVAC, windows, doors, lighting, and interior and exterior finishes.
The property is located in Opa-locka, Florida, within Miami-Dade County, and carries zoning code 7100. New hurricane-rated windows and new garage doors are among the documented upgrades. The building is also available for lease, providing flexibility for an owner-user or an occupant seeking industrial office and warehouse space.
The property is located in Opa-locka, Florida, within Miami-Dade County, and carries zoning code 7100. New hurricane-rated windows and new garage doors are among the documented upgrades. The building is also available for lease, providing flexibility for an owner-user or an occupant seeking industrial office and warehouse space.
Key Highlights
- 3,600‑square‑foot flex‑space building
- Industrial office and warehouse use
- Zoning code 7100
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$103,275
Cap Rate
8.61%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,065,500
$2.1M
Cap Rate 7%
$1,475,357
$1.5M
Cap Rate 9%
$1,147,500
$1.1M
Market Conditions
NOI Build-Up for 3,600 SF
Gross rent
$162.0K $45.00/SF
− Vacancy
−$24.3K −$6.75/SF
EGI
$137.7K $38.25/SF
− OpEx
−$34.4K −$9.56/SF
NOI
$103.3K $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%
$2,065,500
Cap Rate 7%
$1,475,357
Cap Rate 9%
$1,147,500
Alternative Uses
Best Use
Office B
$1.48M
$1.29M – $1.72M
NOI $103,275 @ 7.0% cap · market cap 8.61%
Second Best
Warehouse
$839.0K
$734.1K – $978.8K
NOI $58,728 @ 7.0% cap · market cap 4.89%
Theoretical Best
Specialty Retail
$2.43M
$2.13M – $2.84M
NOI $170,102 @ 7.0% cap · market cap 14.18%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
1,057
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
Demographics for 33054, FL
30,352
Population
10,263
Households
3
Avg Household Size
37
Median Age
10%
College-Educated
75%
High-School Grad
8.4 sq mi
ZIP Area
3,613
Density / Sq Mi
$42,779
Median Household Income
$31,147
Median Earnings
$1,346
Median Rent
$291,700
Median Home Value
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Market
Average Price Trend$/SF for Flex space in Miami-Dade County, FL
Properties on Market for Flex space in Miami-Dade County
Vacancy Rate% for Office in South region
Similar Off Market Nearby
- Nat's Catering Services — 1739 Opa-Locka Blvd, Opa-locka, FL 33054
- Adams Catering Inc — 14080 NW 22nd Ave A, Opa-locka, FL 33054
Frequently Asked Questions
What type of property is this?
Flex space - Updated industrial office and warehouse property with central air and restroom facilities.
Where is this flex space located?
The property is located at 14020 NW 19TH Avenue Opa Locka, FL.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 3,600‑square‑foot flex‑space building; Industrial office and warehouse use; Zoning code 7100
