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    New Construction Warehouse with Office Title is generated by Realmo AI

    221 NE 67th Street #2, Miami, FL 33138

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    Claim this Listing
    New
    For Sale
    $4,415,400

    New warehouse in a 4-unit condominium campus featuring high ceilings, full AC, and an on-site office suite.

    Property size:
    7,845 SF
    Price / SF:
    $562/SF
    Added:
    Jul 7, 2026
    Days on Market:
    2
    Last Refresh:
    Jul 8 at 3:32 am

    Property Features for 221 NE 67th Street #2

    General Information

    Standard status
    Active
    Size
    7,845 SF

    Building Details

    Year Built
    2023

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    Irene G Dakota
    Irene G Dakota

    Listing office Metro 1

    Listing date Jul 7, 2026

    Source Laerrealty

    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 Metro 1

    HighLights

    • New construction warehouse built in 2023 on a 4‑unit condominium campus
    • 7845 sq ft warehouse space with 30 ft ceilings
    • Full AC plus a backup generator
    • On‑site office suite with 1800 sq ft, elevator access to the second floor
    • Office area includes kitchenette, mop sink area, shower, and three bathrooms

    Overview

    New construction warehouse offered as suite #2 within a four-unit condominium campus. The space includes 30-foot ceilings and full air conditioning, with a backup generator provided for continuity. The property is designed to support both storage and daily operations, with a dedicated office component totaling 1,800 square feet, plus a mop sink area, a shower, and three bathrooms. An elevator to the second floor and a kitchenette are also included, giving the office area a functional layout for on-site work.

    The warehouse is located at 221 NE 67th Street in Miami, Florida, and is part of a small, private campus with multiple condominium units. This setup can offer straightforward occupancy planning for businesses that need their own enclosed space while operating within a shared property framework.

    This configuration fits users looking for a warehouse environment that already incorporates office amenities rather than requiring buildout to support administration and staff. The combination of high clear height, conditioned space, and an equipped office area can be practical for operations that need both warehousing and customer-facing or internal workflow space on the same premises.

    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 $353.0k $45.00
    − Vacancy −$53.0k −$6.75
    EGI $300.1k $38.25
    − OpEx −$75.0k −$9.56
    NOI $225.1k $28.69
    7,845 SF · lease $45.00/SF/yr · vacancy 15.00% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $3.22M
    $2.81M – $3.75M (±1% cap)
    NOI $225,053 @ 7.0% cap · market cap 5.10%
    Second Best
    Warehouse
    $1.83M
    $1.60M – $2.13M (±1% cap)
    NOI $127,979 @ 7.0% cap · market cap 2.90%
    Theoretical Best
    Specialty Retail
    $5.30M
    $4.63M – $6.18M (±1% cap)
    NOI $370,680 @ 7.0% cap · market cap 8.40%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    ADIN ROSS KICKHOUSE Resort

    Suggested Use

    Dental Office Law Firm Electrical Service Auto Parts Store (Bike/Boat/Book/etc) Store Pharmacy Veterinary Clinic Locksmith Butcher Restaurant

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

    Similar Places Nearby

    • Ma's Flan — This is our kitchen not our store, 274 NE 59th St, Miami, FL 33137
    • Truly Delicious Baptiste Kitchen Catering — 750 NW 69th St, Miami, FL 33150
    • Hearts of Palm Catering — 99 NW 54th St, Miami, FL 33127
    • Jerusalem Mama kosher — GARDEN INN, MIAMI BEACH, 148 NW 67th St STRILI, Miami, FL 33169
    • Spuntino Catering and Events — 1000 NW 54th St, Miami, FL 33127

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.20109
    Latitude
    25.83631

    FAQs

    What type of property is this?
    Flex space - New warehouse in a 4-unit condominium campus featuring high ceilings, full AC, and an on-site office suite.
    Where is this flex space located?
    The property is located at 221 NE 67th Street #2 Miami, FL.
    What is the asking price?
    The asking price for this property is $4,415,400.
    What are key features of this property?
    This property features: New construction warehouse built in 2023 on a 4‑unit condominium campus; 7845 sq ft warehouse space with 30 ft ceilings; Full AC plus a backup generator
    More about this property
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