Turnkey Two-Story Flex
1701 W 37th Street #15 Hialeah, FL 33012
1701 W 37th Street #15, Hialeah, FL, 33012
$420,000
Remodeled, secure two-story flex space with private offices and assigned parking for light manufacturing or professional use.
Property Size1,100 SF
Price / SF$381.82
AddedJun 9
Days on Market36
Last RefreshJul 5 at 2:01 am
Property Features for 1701 W 37th Street #15
General Information
- Standard status
- Active
- Size
- 1,100 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 2000
Listing office BRICKELL INVESTMENT REALTY
Listing date Jun 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 BRICKELL INVESTMENT REALTY
Investment Insights
Based on property information with market context.
This turnkey, two-story warehouse flex unit has been completely remodeled and is ready for operation. The interior includes functional private offices, a private bathroom, and versatile open space designed to support light manufacturing, craftsmanship, or a professional workspace. On-site security is addressed with a security camera system, and the unit is described as secure for day-to-day operations.
The property is located at 1701 W 37th Street #15 in Hialeah, Florida. The offering includes two assigned parking spaces, providing dedicated convenience for employees, clients, or deliveries. Additional terms noted for convenience include a post-occupancy agreement for both sides.
For tenants or operators seeking a move-in-ready flex setup, the combination of private office space and an open work area can support multiple business types that need both controlled work zones and flexible floor area. The unit’s secure configuration and included security system help align the space with businesses that value on-site control. Maintenance is described as affordable, with a maintenance fee stated as including everything but electricity.
The property is located at 1701 W 37th Street #15 in Hialeah, Florida. The offering includes two assigned parking spaces, providing dedicated convenience for employees, clients, or deliveries. Additional terms noted for convenience include a post-occupancy agreement for both sides.
For tenants or operators seeking a move-in-ready flex setup, the combination of private office space and an open work area can support multiple business types that need both controlled work zones and flexible floor area. The unit’s secure configuration and included security system help align the space with businesses that value on-site control. Maintenance is described as affordable, with a maintenance fee stated as including everything but electricity.
Key Highlights
- 1,300 SF remodeled two‑story warehouse flex space with secure setup, ready for operation
- Private offices plus a private bathroom and versatile open space for light manufacturing, craftsmanship, or professional workspace
- Includes 2 assigned parking spaces and a security camera system
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 | $36.3k | $33.00 |
| − Vacancy | −$8.0k | −$7.26 |
| EGI | $28.3k | $25.74 |
| − OpEx | −$7.1k | −$6.44 |
| NOI | $21.2k | $19.31 |
1,100 SF · lease $33.00/SF/yr · vacancy 22.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$303.4K
$265.5K – $353.9K
NOI $21,236 @ 7.0% cap · market cap 5.06%
Second Best
Flex RnD
$236.8K
$207.2K – $276.3K
NOI $16,577 @ 7.0% cap · market cap 3.95%
Theoretical Best
Office A
$433.0K
$378.8K – $505.1K
NOI $30,307 @ 7.0% cap · market cap 7.22%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Omega Electric Corporation
Electrical Service
Latinovox
Radio Station
Fun Photo To Go
Nightclub
The Team Victoria
Theater & Performing Art Venue
Victoria Enterprises
Holding Company
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- Chef Cuba Catering — 8471 NW South River Dr, Medley, FL 33166
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FAQs
What type of property is this?
Flex space - Remodeled, secure two-story flex space with private offices and assigned parking for light manufacturing or professional use.
Where is this flex space located?
The property is located at 1701 W 37th Street #15 Hialeah, FL.
What is the asking price?
The asking price for this property is $420,000.
What are key features of this property?
This property features: 1,300 SF remodeled two‑story warehouse flex space with secure setup, ready for operation; Private offices plus a private bathroom and versatile open space for light manufacturing, craftsmanship, or professional workspace; Includes 2 assigned parking spaces and a security camera system
