Flex Warehouse Condo with
1750 W 39TH PL Hialeah, FL 33012
1750 W 39TH PL, Hialeah, FL, 33012
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For Sale
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Flex warehouse condo features a second-floor office/storage mezzanine, two first-floor bathrooms, and two assigned parking spaces.
Property Size1,816 SF
Price / SF$264.32
Days on Market50
Property Features for 1750 W 39TH PL
General Information
- Standard status
- Active
- Size
- 1,816 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 1980
Listing agency
Avanti Way Commercial
Listed by
Jerry Stapel · License #3251274
Source
Crexi
Added: Jun 4 Updated: Jul 22 at 10:33AM Checked: Jul 22 at 10:33AM
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 Avanti Way Commercial
Investment Insights
Based on property information with market context.
This flex warehouse condominium was originally built as a 1,166 SF warehouse unit and has been improved with an approximately 650 SF second-floor office/storage mezzanine. The configuration provides a combination of warehouse and office functionality, supported by about 900 SF of storage/warehouse area and about 916 SF designated as office space. The entire unit is fully air-conditioned and is serviced by two central A/C systems.
The property is located in Hialeah with convenient access to Palmetto Expressway (SR-826) and Okeechobee Road, placing it near major transportation corridors.
Additional features include two bathrooms on the first floor and two assigned parking spaces, with a flexible layout designed to accommodate a variety of business operations. Buyer to independently verify square footage, permitted improvements, zoning, and intended use.
The property is located in Hialeah with convenient access to Palmetto Expressway (SR-826) and Okeechobee Road, placing it near major transportation corridors.
Additional features include two bathrooms on the first floor and two assigned parking spaces, with a flexible layout designed to accommodate a variety of business operations. Buyer to independently verify square footage, permitted improvements, zoning, and intended use.
Key Highlights
- Flex warehouse condo built in 1980 with an estimated 1,816 SF total usable area after improvements.
- Includes an approximately 650 SF second‑floor office/storage mezzanine for added work and storage capacity.
- Space breakdown includes approximately 900 SF storage/warehouse (about 650 SF ground + 250 SF second floor) and about 916 SF office.
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 | $59.9k | $33.00 |
| − Vacancy | −$13.2k | −$7.26 |
| EGI | $46.7k | $25.74 |
| − OpEx | −$11.7k | −$6.44 |
| NOI | $35.1k | $19.31 |
1,816 SF · lease $33.00/SF/yr · vacancy 22.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$500.8K
$438.2K – $584.3K
NOI $35,058 @ 7.0% cap · market cap 7.30%
Second Best
Flex RnD
$390.9K
$342.1K – $456.1K
NOI $27,366 @ 7.0% cap · market cap 5.70%
Theoretical Best
Office A
$714.8K
$625.4K – $833.9K
NOI $50,034 @ 7.0% cap · market cap 10.42%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Costpress Printing
Marketing & Advertising
Triangle Vision
Ophthalmologist
Generl Radiographic
Medical Supply Store
SGM METALS CORP
Factory
Medical Equipment of Florida
Production Facility
Similar For Sale Nearby
Similar Off Market Nearby
- Mirta Salazar Catering — 1685 W 42nd St #1, Hialeah, FL 33012
- Ale's Paella Catering Miami — 8282 NW South River Dr, Medley, FL 33166
- Rode Services Inc — 9605 NW 79th Ave #17, Hialeah Gardens, FL 33016
- Chef Cuba Catering — 8471 NW South River Dr, Medley, FL 33166
- Mestizo — 8005 NW 80th St, Miami, FL 33166
FAQs
What type of property is this?
Flex space - Flex warehouse condo features a second-floor office/storage mezzanine, two first-floor bathrooms, and two assigned parking spaces.
Where is this flex space located?
The property is located at 1750 W 39TH PL Hialeah, FL.
What is the asking price?
The asking price for this property is $480,000.
What are key features of this property?
This property features: Flex warehouse condo built in 1980 with an estimated 1,816 SF total usable area after improvements.; Includes an approximately 650 SF second‑floor office/storage mezzanine for added work and storage capacity.; Space breakdown includes approximately 900 SF storage/warehouse (about 650 SF ground + 250 SF second floor) and about 916 SF office.
