Corner Flex Space with
2051 NW 112th Avenue #109, Sweetwater, FL 33172
For Sale
Contact for pricing
The street-level layout combines dedicated office and mezzanine areas with an open warehouse and loading access.
Property Size3,100 SF
Price / SF$2.00
Days on Market38
Property Features for 2051 NW 112th Avenue #109
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Warehouse & Industrial
Clear Height
Office Build-Out
Mezzanine
Loading
Additional Details
Property Use
Amenities
breakroom
restroom
hurricane-resistant windows
night security patrol
Building Details
Year Built
Listing Agency:
R.R.G.,LLC
Listed By:
Yury M Vargas · License #3210970
(305) 717-3535
Source:
Wycliffecommunityrealty
Added: Oct 1
Changed: Nov 7
Last Checked: Nov 6 at 2:16PM
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 R.R.G.,LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 3,100 SF corner flex unit was built in 2006 and includes approximately 600 SF of office space, a 600 SF concrete mezzanine, and an open warehouse area. The street-level configuration has one breakroom, one restroom, and a loading door, with 20 ft of clear height. Hurricane-resistant windows and night security patrol are additional property features.
Four assigned parking spaces serve the unit, and loading is available from the rear.
Four assigned parking spaces serve the unit, and loading is available from the rear.
Key Highlights
- Approximately 3,100 SF of flex space
- Includes approximately 600 SF of office area and a 600 SF concrete mezzanine
- Open warehouse area with a street‑level loading door and rear loading access
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,467
Suggested Prices Based on Cap Rates
Cap Rate 5%
$669,340
$669.3K
Cap Rate 7%
$478,100
$478.1K
Cap Rate 9%
$371,856
$371.9K
Market Conditions
NOI Build-Up for 3,100 SF
Gross rent
$50.6K $16.32/SF
− Vacancy
−$2.8K −$0.90/SF
EGI
$47.8K $15.42/SF
− OpEx
−$14.3K −$4.63/SF
NOI
$33.5K $10.80/SF
Area
Miami-Dade County, FL
Vacancy
5.50%
Lease Rate
$16.32 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$669,340
Cap Rate 7%
$478,100
Cap Rate 9%
$371,856
Alternative Uses
Best Use
Flex RnD
$974.1K
$852.4K – $1.14M
NOI $68,188 @ 7.0% cap · market cap 1,099.81%
Second Best
Warehouse
$580.5K
$508.0K – $677.3K
NOI $40,638 @ 7.0% cap · market cap 655.45%
Theoretical Best
Office A
$1.57M
$1.38M – $1.83M
NOI $110,093 @ 7.0% cap · market cap 1,775.69%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
20 ft
Clear height
Location Intelligence
Trade Area within ½ mile
3,883
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 33172, FL
43,911
Population
16,103
Households
2.7
Avg Household Size
42
Median Age
32%
College-Educated
75%
High-School Grad
6.4 sq mi
ZIP Area
6,861
Density / Sq Mi
$61,733
Median Household Income
$35,061
Median Earnings
$1,926
Median Rent
$260,200
Median Home Value
Market
Average Price Trend$/SF for Flex space in Miami-Dade County, FL
Properties on Market for Flex space in Miami-Dade County
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
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Frequently Asked Questions
What type of property is this?
Flex space - The street-level layout combines dedicated office and mezzanine areas with an open warehouse and loading access.
Where is this flex space located?
The property is located at 2051 NW 112th Avenue #109 Sweetwater, FL.
What are key features of this property?
This property features: Approximately 3,100 SF of flex space; Includes approximately 600 SF of office area and a 600 SF concrete mezzanine; Open warehouse area with a street‑level loading door and rear loading access
