New Construction Warehouse with
221 NE 67th Street #2 Miami, FL 33138
New
New warehouse in a 4-unit condominium campus featuring high ceilings, full AC, and an on-site office suite.
Property size:
7,845 SFPrice / SF:
$562/SF- Added:
- Jul 7, 2026
- Days on Market:
- 4
- 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
Listing office Metro 1 (305) 972-8860
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
Investment Insights
Based on property information with market context.
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.
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.
Key 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
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
NOI $225,053 @ 7.0% cap · market cap 5.10%
Second Best
Warehouse
$1.83M
$1.60M – $2.13M
NOI $127,979 @ 7.0% cap · market cap 2.90%
Theoretical Best
Specialty Retail
$5.30M
$4.63M – $6.18M
NOI $370,680 @ 7.0% cap · market cap 8.40%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
ADIN ROSS KICKHOUSE
Resort
Similar For Sale Nearby
Similar Off Market 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
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
