Renovated Office Condominium
201-7791 Nw 46th St Doral, FL 33127
201-7791 Nw 46th St, Doral, FL, 33127
$395,000
For Sale
$395,000
Second-floor office suite in a business complex with five assigned parking spaces and recent improvements for immediate occupancy.
Property Size965 SF
Price / SF$409.33
Days on Market44
Property Features for 201-7791 Nw 46th St
General Information
- Standard status
- Active
- Size
- 965 SF
Listing agency
X Realty Partners, LLC
(305) 560-3481
Listed by
Ada E Del Gallego · License #A11969295
(305) 560-3481
Source
Exprealty
Added: Jun 9 Updated: Jul 21 at 3:49PM Checked: Jul 21 at 3:49PM
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 X Realty Partners, LLC
Investment Insights
Based on property information with market context.
This beautifully renovated second-floor office condominium suite was originally delivered in shell condition and has been recently improved with a clean, modern layout ready for immediate occupancy. The suite is offered vacant and easy to show.
The office is located within the Palmetto West Park business complex in the heart of Doral, with access to Palmetto Expressway (826), major commercial corridors, and Miami International Airport.
A notable benefit is the inclusion of five (5) assigned parking spaces, including spaces 1014, 1015, 3043, 3044, and 3045. The monthly association fee is $780 and includes access to on-site meeting rooms available for owners.
The office is located within the Palmetto West Park business complex in the heart of Doral, with access to Palmetto Expressway (826), major commercial corridors, and Miami International Airport.
A notable benefit is the inclusion of five (5) assigned parking spaces, including spaces 1014, 1015, 3043, 3044, and 3045. The monthly association fee is $780 and includes access to on-site meeting rooms available for owners.
Key Highlights
- Beautifully renovated second‑floor office condominium in Palmetto West Park business complex in Doral
- 965 SF professional office suite improved from original shell condition and ready for immediate occupancy
- Includes five assigned parking spaces (1014, 1015, 3043, 3044, 3045), versus most units with two spaces
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 | $44.0k | $45.60 |
| − Vacancy | −$9.9k | −$10.26 |
| EGI | $34.1k | $35.34 |
| − OpEx | −$8.5k | −$8.84 |
| NOI | $25.6k | $26.51 |
965 SF · lease $45.60/SF/yr · vacancy 22.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$365.4K
$319.7K – $426.3K
NOI $25,577 @ 7.0% cap · market cap 6.48%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$489.6K
$428.4K – $571.2K
NOI $34,271 @ 7.0% cap · market cap 8.68%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office Units
Similar For Sale Nearby
FAQs
What type of property is this?
Office units - Second-floor office suite in a business complex with five assigned parking spaces and recent improvements for immediate occupancy.
Where is this office units located?
The property is located at 201-7791 Nw 46th St Doral, FL.
What is the asking price?
The asking price for this property is $395,000.
What are key features of this property?
This property features: Beautifully renovated second‑floor office condominium in Palmetto West Park business complex in Doral; 965 SF professional office suite improved from original shell condition and ready for immediate occupancy; Includes five assigned parking spaces (1014, 1015, 3043, 3044, 3045), versus most units with two spaces
