16225 SW 117th Ave 6 Miami, FL 33177
1,080 SF warehouse with office, A/C, and highway access.
Property Features for 16225 SW 117th Ave 6
General Information
- Standard status
- Active
- Size
- 1,080 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 2003
Listing office (305) 282-2108
Listing date Apr 1, 2026
Source Elliman
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All listing content including descriptions, pricing, images are the copyrighted material of Osmany Mena
Investment Insights
Based on property information with market context.
Key Highlights
- Versatile 1,080 SF warehouse suitable for various light‑industrial uses.
- Secure, gated complex with 24‑hour access.
- Low $175/month association fee.
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 | $17.6k | $16.32 |
| − Vacancy | −$969 | −$0.90 |
| EGI | $16.7k | $15.42 |
| − OpEx | −$2.5k | −$2.31 |
| NOI | $14.2k | $13.11 |
Alternative Uses
Property Analytics
Current Use by Public Records
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