Coworking Space with Shared
New
For Sale
Contact for pricing
300-150 Westward Dr, Miami Springs, FL 33166
Members have access to shared meeting, reception, kitchen, and outdoor areas, with on-site parking.
Property Size6,508 SF
Price / SF$0.17
Days on Market7
Property Features for 300-150 Westward Dr
General Information
Standard status
Active
Size
6,508 SF
Additional Details
Condition
Move-in Ready
Property Use
Office
Amenities
conference room
reception area
lobby
full kitchen
fiber optic WiFi
central alarm system
weekly cleaning
monthly extermination
supplies
coffee
filtered water
fenced outdoor picnic area
24/7 surveillance
on-site parking
Listing Agency:
Real Estate Experts
(305) 231-3131
Listed By:
Sarah Jansik · License #3404308
(786) 683-5414
Source:
Exprealty
Added: Oct 29
Changed: Nov 1
Last Checked: Nov 3 at 9:43AM
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 Real Estate Experts
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Investment Insights
Based on property information with market context.
This coworking space includes access to approximately 4,000 square feet of shared areas, with a conference room, reception area, lobby, and full kitchen. The building also has a fenced outdoor picnic area for breaks or informal meetings, on-site parking, and 24/7 surveillance supported by nine cameras.
The all-inclusive rent covers fiber-optic Wi-Fi, electricity, water and sewer, and a central alarm system; phone service is excluded. Weekly cleaning, monthly pest control, restroom supplies, coffee, and filtered water are also provided. The property is at 300-150 Westward Dr in Miami Springs, Florida.
The all-inclusive rent covers fiber-optic Wi-Fi, electricity, water and sewer, and a central alarm system; phone service is excluded. Weekly cleaning, monthly pest control, restroom supplies, coffee, and filtered water are also provided. The property is at 300-150 Westward Dr in Miami Springs, Florida.
Key Highlights
- Approximately 4,000 SF of shared amenities, including a conference room, reception area, lobby, and full kitchen
- Fenced outdoor picnic area and on‑site parking
- 24/7 surveillance with 9 cameras
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$172,495
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,449,900
$3.4M
Cap Rate 7%
$2,464,214
$2.5M
Cap Rate 9%
$1,916,611
$1.9M
Market Conditions
NOI Build-Up for 6,508 SF
Gross rent
$296.8K $45.60/SF
− Vacancy
−$66.8K −$10.26/SF
EGI
$230.0K $35.34/SF
− OpEx
−$57.5K −$8.84/SF
NOI
$172.5K $26.51/SF
Area
Miami-Dade County, FL
Vacancy
22.50%
Lease Rate
$45.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,449,900
Cap Rate 7%
$2,464,214
Cap Rate 9%
$1,916,611
Alternative Uses
Best Use
Office B
$2.46M
$2.16M – $2.87M
NOI $172,495 @ 7.0% cap · market cap 15,401.34%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.30M
$2.89M – $3.85M
NOI $231,125 @ 7.0% cap · market cap 20,636.16%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,196
Businesses Nearby
Explore this area
Business Placement
Demographics for 33166, FL
26,106
Population
10,838
Households
2.4
Avg Household Size
41
Median Age
42%
College-Educated
83%
High-School Grad
7.9 sq mi
ZIP Area
3,305
Density / Sq Mi
$78,166
Median Household Income
$39,744
Median Earnings
$1,766
Median Rent
$489,200
Median Home Value
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Coworking space - Members have access to shared meeting, reception, kitchen, and outdoor areas, with on-site parking.
Where is this coworking space located?
The property is located at 300-150 Westward Dr Miami Springs, FL.
What are key features of this property?
This property features: Approximately 4,000 SF of shared amenities, including a conference room, reception area, lobby, and full kitchen; Fenced outdoor picnic area and on‑site parking; 24/7 surveillance with 9 cameras
