16155 SW 117th Ave #B17 Miami, FL 33177
Turnkey two-story office flex unit with reception, private offices, conference room, kitchen, and four bathrooms.
- Added:
- Jul 9, 2026
- Days on Market:
- 6
- Last Refresh:
- Jul 12 at 2:00 am
Property Features for 16155 SW 117th Ave #B17
General Information
- Standard status
- Active
- Size
- 2,700 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1989
Listing office MIAMI BROKERS GROUP
Listing date Jul 9, 2026
Source Corcoran
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 MIAMI BROKERS GROUP
Investment Insights
Based on property information with market context.
The property includes two dedicated parking spaces and is independently metered for electricity, water, and sewer. It is zoned I-UC (Industrial District Conditional), supporting office, flex, and light industrial uses.
As part of the South Dade Business Centre, the building’s monthly HOA fee of $330 covers exterior maintenance and repairs, building insurance, professional management, and capital reserves, contributing to predictable ownership costs in the business park environment.
Key Highlights
- 2,700 SF two‑story Class B office/flex condominium built in 1989
- Built with CBS construction and includes reception/lobby, two private offices, conference room, open work area, and kitchen
- Second floor features two oversized executive suites plus four bathrooms total
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 | $123.1k | $45.60 |
| − Vacancy | −$27.7k | −$10.26 |
| EGI | $95.4k | $35.34 |
| − OpEx | −$23.9k | −$8.84 |
| NOI | $71.6k | $26.51 |
Alternative Uses
Property Analytics
Current Use by Public Records
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