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    Office/Warehouse Flex End Unit Title is generated by Realmo AI

    17304 Walker Ave, Miami, FL 33157

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    Claim this Listing
    New
    For Lease
    $1,200 /Mo

    Mixed Use - Miami, FL

    Type:Mixed Use
    Added:
    Jun 4, 2026
    Days on Market:
    1
    Last Refresh:
    Jun 4 at 5:06 pm

    Property Features for 17304 Walker Ave

    General Information

    Property type
    Commercial Lease
    Property subtype
    Mixed Use
    Zoning
    7100
    Parking
    2
    Exterior features
    Storm/Security Shutters
    Standard status
    Active
    APN
    30-50-32-062-0010

    Utilities

    Heating system
    Central
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1998
    Number of units
    1
    Building materials
    Block
    Roof type
    Concrete
    Architectural style
    Other

    We can help!

    Listing Contact
    Sherrie Lee
    Sherrie Lee

    Listing agent Sherrie Lee License #3275396

    Listing office LoKation 1500 E. Atlantic Blvd., Pompano Beach, FL

    Listing date Jun 4, 2026

    MLS# A12031226 Listing URL

    Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Commercial office/warehouse end unit west of downtown Palmetto Bay, west of US 1
    • Gated rear end unit with storm/security shutters on front exterior openings
    • Block construction with concrete roof; central heating and central A/C
    • Warehouse includes 14' bay door and concrete floor, plus modern office space with a full bathroom
    • Plenty of on‑site parking
    • Association approval required within 10 days; no mechanic or car storage allowed

    Overview

    This flex end unit combines a modern commercial office with warehouse space under one roof. The office includes a full bathroom, and the warehouse area features a 14' bay door and a concrete floor. Exterior front openings are protected with hurricane shutters, and the unit is gated in the rear.

    The property is located west of downtown Palmetto Bay and US1, at 17304 Walker Ave in Miami, FL 33157, with plenty of on-site parking and visibility suitable for small businesses and client traffic. The listing notes that association approval is required within 10 days.

    The layout is well suited for users such as a contractor’s office, carpentry operations, showroom use, or a real estate office where light warehouse functions are needed. The property description specifically restricts mechanic or car storage. Zoning is listed as 7100, and any prospective tenant should plan for the required association approval process.
    Property Profile Location Intelligence

    Current Use by Public Records

    CENTRO DE BANCARROTA ... Law Firm South Florida Security ... Security Service Sheila Simms Watson-Miami ... Midwife Miriam M Maldonado, ... Midwife EDGE DESIGN MIAMI (Bike/Boat/Book/etc) Store

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

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

    Similar Places Nearby

    • TCG Food Supply — 101 SW 95th Ave, Palmetto Bay, FL 33157
    • the fathouse catering and events llc — 17345 SW 103rd Ave, Miami, FL 33157
    • Miya Slushies — 18301 sw 107th ave, miami, fl 33157
    • Franjo Cafeteria — 18001 Franjo Rd, Palmetto Bay, FL 33157

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.3514
    Latitude
    25.608246

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    FAQs

    What type of property is this?
    Flex space - Gated rear end unit with modern office, full bath, and a 14' bay door for mixed-use operations.
    Where is this flex space located?
    The property is located at 17304 Walker Ave Miami, FL.
    What is the lease rate?
    The lease rate is $1,200 /Mo.
    What are key features of this property?
    This property features: Commercial office/warehouse end unit west of downtown Palmetto Bay, west of US 1; Gated rear end unit with storm/security shutters on front exterior openings; Block construction with concrete roof; central heating and central A/C
    (305) 240-7086
    We can help!
    Listing Contact
    Sherrie Lee
    Sherrie Lee
    Real Estate License ID: 3275396
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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