Office-Warehouse Flex
1690 NW 108th Ave # 158, Sweetwater, FL 33172
For Sale
Contact for pricing
The unit provides round-the-clock access for storage, distribution, or light industrial use.
Property Size1,144 SF
Price / SF$2.88
Days on Market171
Property Features for 1690 NW 108th Ave # 158
General Information
Standard status
Size
Property subtype
Additional Details
Highway Access
Property Use
Building Details
Building Size
Year Built
Listing Agency:
R.R.G.,LLC
Listed By:
Layla Garcia · License #3290050
(305) 717-3535
Source:
Propertysmartre
Added: May 21
Changed: Nov 6
Last Checked: Nov 6 at 2:24PM
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 R.R.G.,LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This flex unit combines office and warehouse space in a 1,144-square-foot layout. Completed in 2021, it is suited to storage, distribution, and light industrial use, with access available 24 hours a day.
The property is near Dolphin Mall and International Mall, with access to 836 and the Turnpike.
The property is near Dolphin Mall and International Mall, with access to 836 and the Turnpike.
Key Highlights
- 1,144‑square‑foot office and warehouse unit
- Built in 2021
- 24/7 access
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,350
Suggested Prices Based on Cap Rates
Cap Rate 5%
$247,000
$247.0K
Cap Rate 7%
$176,429
$176.4K
Cap Rate 9%
$137,222
$137.2K
Market Conditions
NOI Build-Up for 1,144 SF
Gross rent
$18.7K $16.32/SF
− Vacancy
−$1.0K −$0.90/SF
EGI
$17.6K $15.42/SF
− OpEx
−$5.3K −$4.63/SF
NOI
$12.4K $10.80/SF
Area
Miami-Dade County, FL
Vacancy
5.50%
Lease Rate
$16.32 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$247,000
Cap Rate 7%
$176,429
Cap Rate 9%
$137,222
Alternative Uses
Best Use
Flex RnD
$359.5K
$314.5K – $419.4K
NOI $25,163 @ 7.0% cap · market cap 762.52%
Second Best
Warehouse
$214.2K
$187.5K – $250.0K
NOI $14,997 @ 7.0% cap · market cap 454.45%
Theoretical Best
Office A
$580.4K
$507.9K – $677.1K
NOI $40,628 @ 7.0% cap · market cap 1,231.15%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
3,883
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 33172, FL
43,911
Population
16,103
Households
2.7
Avg Household Size
42
Median Age
32%
College-Educated
75%
High-School Grad
6.4 sq mi
ZIP Area
6,861
Density / Sq Mi
$61,733
Median Household Income
$35,061
Median Earnings
$1,926
Median Rent
$260,200
Median Home Value
Market
Average Price Trend$/SF for Flex space in Miami-Dade County, FL
Properties on Market for Flex space in Miami-Dade County
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
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Frequently Asked Questions
What type of property is this?
Flex space - The unit provides round-the-clock access for storage, distribution, or light industrial use.
Where is this flex space located?
The property is located at 1690 NW 108th Ave # 158 Sweetwater, FL.
What are key features of this property?
This property features: 1,144‑square‑foot office and warehouse unit; Built in 2021; 24/7 access
