Back to Search
Two-Story Flex Industrial Condo

16115 SW 117th Ave A6 Miami, FL 33177

New
16115 SW 117th Ave A6, Miami, FL, 33177
$830,000
For Sale
Claim this Listing
$830,000

Remodeled two-story flex condo with showroom, upstairs offices, and rear-loading street-level door.

Property Size2,050 SF
Price / SF$404.88
AddedJul 14
Days on Market2
Last RefreshJul 15 at 2:32 am

Property Features for 16115 SW 117th Ave A6

General Information

Standard status
Active
Size
2,050 SF
Property subtype
Industrial

Building Details

Year Built
1982

Listing office

Listing date Jul 14, 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 Maria Bolanos


Investment Insights

Based on property information with market context.

Remodeled 2,050 SF two-story flex-space industrial condo built in 1989 with Class B CBS construction. The ground floor includes a redesigned professional showroom and a remodeled bathroom. Upstairs provides an expansive office layout with a private kitchenette area. The unit also features dual climate control with two separate A/C units, including one dedicated to fully climate-controlling the warehouse space. Logistics are supported by a 10’ x 12’ rear-loading, street-level door and a high 16’–18’ clear ceiling height.

The property is located within the South Dade Business Centre and is zoned I-UC (Industrial District Conditional, Miami-Dade). Electric, water, and sewer are independently metered. Parking is first-come, first-served with guest spaces available, and association approval is required. The monthly association fee is $330 and covers exterior maintenance, building insurance, management, and capital reserves.

Key Highlights

  • Remodeled 2,050 SF two‑story flex industrial condo with redesigned showroom on the ground floor and upstairs office layout.
  • Dual climate control with two separate A/C units—one for offices/showroom and a second dedicated to fully climate‑controlling the warehouse.
  • Warehouse access includes one 10' x 12' rear‑loading street‑level door and 16'-18' clear ceiling height.

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 $93.5k $45.60
− Vacancy −$21.0k −$10.26
EGI $72.4k $35.34
− OpEx −$18.1k −$8.84
NOI $54.3k $26.51
2,050 SF · lease $45.60/SF/yr · vacancy 22.50% · expense 25.00%

Alternative Uses

Best Use
Office B
$776.2K
$679.2K – $905.6K (±1% cap)
NOI $54,335 @ 7.0% cap · market cap 6.55%
Second Best
Warehouse
$383.9K
$335.9K – $447.9K (±1% cap)
NOI $26,874 @ 7.0% cap · market cap 3.24%
Theoretical Best
Office A
$1.04M
$910.1K – $1.21M (±1% cap)
NOI $72,804 @ 7.0% cap · market cap 8.77%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Marenco International Trading Department Store Feral Cat Control Garden Center Kwik Kool Air ... Hardware & Home Improvement Charme International Cosmetic Store Unitech Builders Construction Company

Suggested Use

Real Estate Agency Restaurant Dental Office Law Firm Building Supply Spa & Massage Center Big Box & Wholesale Store Auto Parts Store Pharmacy Gym & Fitness Center

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

Similar Off Market Nearby

  • Nets Girls Catering & Social Club — 14501 Jefferson St, Miami, FL 33176
  • Boni's Paella Party — 16155 SW 117th Ave STE B8, Miami, FL 33177
  • Delmar Paella — 11101 SW 161st St, Miami, FL 33157

FAQs

What type of property is this?
Flex space - Remodeled two-story flex condo with showroom, upstairs offices, and rear-loading street-level door.
Where is this flex space located?
The property is located at 16115 SW 117th Ave A6 Miami, FL.
What is the asking price?
The asking price for this property is $830,000.
What are key features of this property?
This property features: Remodeled 2,050 SF two‑story flex industrial condo with redesigned showroom on the ground floor and upstairs office layout.; Dual climate control with two separate A/C units—one for offices/showroom and a second dedicated to fully climate‑controlling the warehouse.; Warehouse access includes one 10' x 12' rear‑loading street‑level door and 16'-18' clear ceiling height.
Contact an agent
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message