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    Versatile Flex Space with Warehouse Title is generated by Realmo AI

    16155 SW 117th Ave # 15, Miami, FL 33177

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    Two-story flex space with office and warehouse areas.

    Type:Industrial
    Property size:
    3,050 SF
    Price / SF:
    $391/SF
    Added:
    Jan 14, 2026
    Days on Market:
    165
    Last Refresh:
    Mar 17 at 1:18 pm

    Property Features for 16155 SW 117th Ave # 15

    General Information

    Standard status
    Active
    Size
    3,050 SF
    Property subtype
    Industrial

    Building Details

    Year Built
    1989

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    Jorge Lopez, P.A.
    Jorge Lopez, P.A.

    Listing office Compass Florida LLC

    Listing date Jan 14, 2026

    Source Crexi

    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 Compass Florida LLC

    HighLights

    • Strategic location: close to FL Turnpike, main highways, and Tamiami Executive Airport.
    • Flexible office/warehouse space suitable for multiple business types.
    • Spacious 3,050 sqft layout with 9 office areas, conference room, reception, lunchroom, and warehouse.
    • Two‑story property with a sitting room and large upstairs space for flexible use.
    • Easy warehouse access for loading.
    • Includes 2 assigned parking spaces plus guest parking.

    Overview

    This 3,050 square foot, two-story flex space combines office and warehouse functionalities. The layout features natural light, a glass conference room, a reception area, two bathrooms, a lunchroom, three offices, and a spacious warehouse area on the first floor. The second floor includes a sitting room, three offices, and a large flexible space. In total, there are nine areas suitable for office spaces. The property includes easy warehouse access at the back for loading. It has two assigned parking spaces and additional guest parking. The property is located close to the Florida Turnpike, main highways, and Tamiami Executive Airport. It is suitable for various businesses, including med spas, clinical offices, insurance companies, and law offices, or any business requiring spacious office space.

    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 $139.1k $45.60
    − Vacancy −$31.3k −$10.26
    EGI $107.8k $35.34
    − OpEx −$26.9k −$8.84
    NOI $80.8k $26.51
    3,050 SF · lease $45.60/SF/yr · vacancy 22.50% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $1.15M
    $1.01M – $1.35M (±1% cap)
    NOI $80,840 @ 7.0% cap · market cap 6.76%
    Second Best
    Warehouse
    $571.2K
    $499.8K – $666.4K (±1% cap)
    NOI $39,983 @ 7.0% cap · market cap 3.35%
    Theoretical Best
    Office A
    $1.55M
    $1.35M – $1.81M (±1% cap)
    NOI $108,318 @ 7.0% cap · market cap 9.06%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    MS Technik Egineering ... Industrial Manufacturer Cooling Engineering Group ... Engineering Consultant M & S Construction Company The Cookie Bandit (Bike/Boat/Book/etc) Store Andar International Medical Supply Store

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Similar Places 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

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.382029
    Latitude
    25.623247

    FAQs

    What type of property is this?
    Flex space - Two-story flex space with office and warehouse areas.
    Where is this flex space located?
    The property is located at 16155 SW 117th Ave # 15 Miami, FL.
    What is the asking price?
    The asking price for this property is $1,195,000.
    What are key features of this property?
    This property features: Strategic location: close to FL Turnpike, main highways, and Tamiami Executive Airport.; Flexible office/warehouse space suitable for multiple business types.; Spacious 3,050 sqft layout with 9 office areas, conference room, reception, lunchroom, and warehouse.
    (786) 399-9278 Call to check price and availability
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