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    Office/Warehouse Showroom Property Title is generated by Realmo AI

    1800 North Miami Avenue, Miami, FL 33136

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    Highly visible building with flexible layout for office, showroom, retail, or hospitality concepts under D1 zoning.

    Type:Office, Industrial, Mixed Use
    Property size:
    7,999 SF
    Price / SF:
    $1,093/SF
    Added:
    Jun 1, 2026
    Days on Market:
    8
    Last Refresh:
    Jun 6 at 2:06 am

    Property Features for 1800 North Miami Avenue

    General Information

    Standard status
    Active
    Size
    7,999 SF
    Property subtype
    Office, Industrial, Mixed Use

    Building Details

    Year Built
    1920

    We can help!

    Listing Contact
    Alfredo Riascos

    Listing agent Alfredo Riascos License #FL 3210686

    Listing office Gridline Properties

    Listing date Jun 1, 2026

    Source Crexi

    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 Gridline Properties

    HighLights

    • Year built 1920 office/warehouse building with prominent frontage along North Miami Avenue.
    • Flexible configuration suited for office, showroom, gallery, retail, hospitality, restaurant, and experiential uses.
    • D1 zoning designation permitting a broad spectrum of high‑intensity commercial uses.
    • Highly visible location positioned at the crossroads of Miami’s Arts & Entertainment District, Wynwood, and Edgewater.
    • Connectivity to Downtown Miami, Wynwood, I‑95, the Design District, and Miami Beach.

    Overview

    1800 N Miami Avenue is an office/warehouse-style asset with a flexible configuration designed to support multiple commercial uses. The property is suited to a wide range of concepts, including office, showroom, gallery, retail, hospitality, restaurant, and experiential uses, with approximately 7,999 SF available for occupancy and operations. For buyers seeking a building that can pivot between office and production/showroom needs, the layout is positioned to accommodate evolving tenant requirements.

    The property offers prominent frontage along North Miami Avenue, supporting on-site branding and public-facing visibility. It is also described as benefiting from access to key regional destinations, including Downtown Miami, Wynwood, and Miami Beach, along with connectivity to I-95.

    From a tenant and operator standpoint, the practical value here is the combination of visibility and adaptability within a single building. In addition, the property is identified as having D1 zoning designation, which supports a broad spectrum of high-intensity commercial uses. This makes the site worth reviewing for users who want an identifiable urban location with a versatile footprint and the ability to align operations to multiple retail and service-driven formats.
    Location Intelligence

    Current Use by Public Records

    Miansai HQ Warehouse & Storage Style Saves Charitable Organization

    Suggested Use

    Real Estate Agency Restaurant Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Auto Parts Store

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

    Similar Places Nearby

    • GROAK CATERING — 1900 NE Miami Ct, Miami, FL 33132
    • The Lobsta Guy — 1750 N Bayshore Dr, Miami, FL 33132
    • Cafe Los Gauchitos II — 1717 N Bayshore Dr # 111, Miami, FL 33132
    • Catering Brand — 1951 NW 7th Ave #600, Miami, FL 33136
    • Le Brownie Bae — 1034 NW 3rd Ave, Miami, FL 33136

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.19495
    Latitude
    25.793122

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    FAQs

    What type of property is this?
    Flex space - Highly visible building with flexible layout for office, showroom, retail, or hospitality concepts under D1 zoning.
    Where is this flex space located?
    The property is located at 1800 North Miami Avenue Miami, FL.
    What is the asking price?
    The asking price for this property is $8,750,000.
    What are key features of this property?
    This property features: Year built 1920 office/warehouse building with prominent frontage along North Miami Avenue.; Flexible configuration suited for office, showroom, gallery, retail, hospitality, restaurant, and experiential uses.; D1 zoning designation permitting a broad spectrum of high‑intensity commercial uses.
    (786) 325-5647 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Alfredo Riascos
    Real Estate License ID: FL 3210686
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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.

    More about this property
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