Industrial Warehouse with
For Sale
$799,000
2451 NW 109th Ave, Sweetwater, FL 33172
Commercial Sale, Sweetwater, FL
Property Size1,710 SF
Lot Size0.04 Acres
Price / SF$467.25
Days on Market50
Property Features for 2451 NW 109th Ave
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
7100
Parking
4
Parking features
Guest
Subdivision
30
Standard status
Active
APN
25-30-31-038-0060
Lot size
0.04 Acres
Tenancy & Operations
Currently Operating
Yes
Tenant in Place
Yes
Additional Details
Property Use
Gym
Taxes and HOA fees
Tax Description
MARA PLAZA CONDO UNIT 6 UNDIV 12.573628% INT IN COMMON ELEMENTS OFF REC 24264-2171 COC 24972-3464 09 2006 5 F/A/U 3030310380060
Tax Annual Amount
7796
HOA Fee
$928 Annually
Legal Description
MARA PLAZA CONDO UNIT 6 UNDIV 12.573628% INT IN COMMON ELEMENTS OFF REC 24264-2171 COC 24972-3464 09 2006 5 F/A/U 3030310380060
Utilities
Sewer type
Public Sewer
Heating system
Central, Electric (Heating)
Cooling system
Central Air
Water source
Public
Building Details
Year built
2005
Floors in Building
1
Flooring type
Concrete, Tile - Ceramic
Listing Agency:
Florida Capital Realty
Listed By:
Roque Gargano · License #3466180
(305) 986-3851
Added: Sep 16
Changed: Nov 3
Last Checked: Nov 4 at 12:06PM
MLS# A12090082
Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 1,710-square-foot industrial warehouse, built in 2005, includes approximately 600 square feet of office and showroom space. The unit has a 16-foot street-level loading door, separate pedestrian entry, private restroom, ceramic tile and concrete flooring, central air, electric heating, accordion shutters, and four assigned parking spaces, along with visitor parking. The property is currently operating as a gym and is leased through August 2027.
Public water and public sewer serve the property. HOA maintenance includes insurance, roof maintenance, exterior painting, reserves, and common-area upkeep. The property is located in Sweetwater, Florida, within Miami-Dade County, and showings are available by appointment with 48-hour notice.
Public water and public sewer serve the property. HOA maintenance includes insurance, roof maintenance, exterior painting, reserves, and common-area upkeep. The property is located in Sweetwater, Florida, within Miami-Dade County, and showings are available by appointment with 48-hour notice.
Key Highlights
- 1,710 square feet of industrial warehouse space
- Approximately 600 square feet of office and showroom area
- 16‑foot street‑level loading door
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$37,613
Cap Rate
4.71%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$752,260
$752.3K
Cap Rate 7%
$537,329
$537.3K
Cap Rate 9%
$417,922
$417.9K
Market Conditions
NOI Build-Up for 1,710 SF
Gross rent
$61.6K $36.00/SF
− Vacancy
−$3.7K −$2.16/SF
EGI
$57.9K $33.84/SF
− OpEx
−$20.3K −$11.84/SF
NOI
$37.6K $22.00/SF
Area
Miami-Dade County, FL
Vacancy
6.00%
Lease Rate
$36.00 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$752,260
Cap Rate 7%
$537,329
Cap Rate 9%
$417,922
Alternative Uses
Best Use
Flex RnD
$537.3K
$470.2K – $626.9K
NOI $37,613 @ 7.0% cap · market cap 4.71%
Second Best
Warehouse
$320.2K
$280.2K – $373.6K
NOI $22,416 @ 7.0% cap · market cap 2.81%
Theoretical Best
Office A
$867.6K
$759.1K – $1.01M
NOI $60,729 @ 7.0% cap · market cap 7.60%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
1
Drive-in doors
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
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Frequently Asked Questions
What type of property is this?
Warehouse - Leased warehouse with office, loading access, private restroom, and assigned parking in a commercial setting.
Where is this warehouse located?
The property is located at 2451 NW 109th Ave Sweetwater, FL.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: 1,710 square feet of industrial warehouse space; Approximately 600 square feet of office and showroom area; 16‑foot street‑level loading door
