New Construction Warehouse with
235 NE 67th St 3 Miami, FL 33138
New
235 NE 67th St 3, Miami, FL, 33138
$4,123,350
For Sale
$4,123,350
New warehouse includes 30-foot ceilings, full AC, backup generator, and an on-site office with multiple restrooms.
Property Size7,302 SF
Price / SF$564.69
Days on Market3
Property Features for 235 NE 67th St 3
General Information
- Standard status
- Active
- Size
- 7,302 SF
Listing agency
Metro 1
(305) 571-9991
Listed by
Irene Dakota PA · License #A12022598
Source
Mymiahomes
Added: Jul 20 Updated: Jul 21 at 2:42PM Checked: Jul 21 at 2:42PM
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 located at 235 NE 67th St (Unit 3) in Miami, Florida. The space features approximately 30-foot ceilings and full AC, with a backup generator on site. A separate office buildout includes an elevator to the second floor, an approximately 1,800-square-foot office area, a mop sink area, shower, kitchenette, and three bathrooms.
This warehouse is part of a 4-unit condominium campus, offering a self-contained option within the shared development.
The property is offered for sale as a warehouse/flex-style workspace designed to combine warehouse functionality with dedicated office amenities.
This warehouse is part of a 4-unit condominium campus, offering a self-contained option within the shared development.
The property is offered for sale as a warehouse/flex-style workspace designed to combine warehouse functionality with dedicated office amenities.
Key Highlights
- New construction warehouse at 235 NE 67 St with 30 ft ceilings
- Full AC and a backup generator for ongoing operations
- Includes 7,302 sq ft warehouse space plus an on‑site 1,800 sq ft office
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 | $328.6k | $45.00 |
| − Vacancy | −$49.3k | −$6.75 |
| EGI | $279.3k | $38.25 |
| − OpEx | −$69.8k | −$9.56 |
| NOI | $209.5k | $28.69 |
7,302 SF · lease $45.00/SF/yr · vacancy 15.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$2.99M
$2.62M – $3.49M
NOI $209,476 @ 7.0% cap · market cap 5.08%
Second Best
Warehouse
$1.70M
$1.49M – $1.99M
NOI $119,121 @ 7.0% cap · market cap 2.89%
Theoretical Best
Specialty Retail
$4.93M
$4.31M – $5.75M
NOI $345,023 @ 7.0% cap · market cap 8.37%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
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 includes 30-foot ceilings, full AC, backup generator, and an on-site office with multiple restrooms.
Where is this flex space located?
The property is located at 235 NE 67th St 3 Miami, FL.
What is the asking price?
The asking price for this property is $4,123,350.
What are key features of this property?
This property features: New construction warehouse at 235 NE 67 St with 30 ft ceilings; Full AC and a backup generator for ongoing operations; Includes 7,302 sq ft warehouse space plus an on‑site 1,800 sq ft office
