Flex Space with Office and
For Sale
Contact for pricing
3257 NW 7 Ave Cir # A, Miami, FL 33127
Remodeled workspace combines private offices, a conference area, and warehouse space in a property near Wynwood and Midtown.
Property Size5,000 SF
Price / SF$0.60
Days on Market255
Property Features for 3257 NW 7 Ave Cir # A
General Information
Standard status
Active
Size
5,000 SF
Property subtype
Flex Space
Site & Location
Neighborhood
Santa Clara
Additional Details
Property Use
Office, Warehouse
Building Details
Building Size
5,000 SF
Listing Agency:
Live Work Play Miami Group, LLC.
Listed By:
Eddy Goicolea · License #3117578
(305) 528-9065
Source:
Astonrosese
Added: Feb 13
Changed: Oct 26
Last Checked: Oct 26 at 2:43PM
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 Live Work Play Miami Group, LLC.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 5,000-square-foot flex property includes remodeled office and conference areas alongside warehouse space. Furnishings may be included, and the suite has assigned parking plus additional guest parking. Electricity is the only extra charge identified.
The property is near Wynwood and Midtown in Miami. Neighboring businesses include an art gallery, a medical practice, a music production operation, and a catering business.
The property is near Wynwood and Midtown in Miami. Neighboring businesses include an art gallery, a medical practice, a music production operation, and a catering business.
Key Highlights
- 5,000 square feet of flex space
- Remodeled offices, conference area, and warehouse space
- Assigned parking with additional guest parking
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$67,173
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,343,460
$1.3M
Cap Rate 7%
$959,614
$959.6K
Cap Rate 9%
$746,367
$746.4K
Market Conditions
NOI Build-Up for 5,000 SF
Gross rent
$100.8K $20.16/SF
− Vacancy
−$4.8K −$0.97/SF
EGI
$96.0K $19.19/SF
− OpEx
−$28.8K −$5.76/SF
NOI
$67.2K $13.43/SF
Area
Miami, FL
Vacancy
4.80%
Lease Rate
$20.16 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,343,460
Cap Rate 7%
$959,614
Cap Rate 9%
$746,367
Alternative Uses
Best Use
Warehouse
$1.17M
$1.02M – $1.36M
NOI $81,567 @ 7.0% cap · market cap 2,718.90%
Second Best
Flex RnD
$1.05M
$916.5K – $1.22M
NOI $73,320 @ 7.0% cap · market cap 2,444.00%
Theoretical Best
Specialty Retail
$3.38M
$2.95M – $3.94M
NOI $236,252 @ 7.0% cap · market cap 7,875.07%
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
3,493
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 33127, FL
27,692
Population
11,245
Households
2.5
Avg Household Size
37
Median Age
13%
College-Educated
69%
High-School Grad
3.3 sq mi
ZIP Area
8,392
Density / Sq Mi
$41,125
Median Household Income
$30,240
Median Earnings
$1,394
Median Rent
$398,800
Median Home Value
Market
Vacancy Rate% for Industrial in Miami, FL
Similar Off Market Nearby
- Dadaillecatering — 428 NW 22nd St, Miami, FL 33127
- Constellation Culinary Group — 2151 NW 1st Ct, Miami, FL 33127
- Hospitality & Culinary Collective — 1406 NW 23rd St, Miami, FL 33142
- Potions in Motion — 318 NW 23rd St, Miami, FL 33127
- Elite Event Staffing Miami — 165 NW 23rd St, Miami, FL 33127
Frequently Asked Questions
What type of property is this?
Flex space - Remodeled workspace combines private offices, a conference area, and warehouse space in a property near Wynwood and Midtown.
Where is this flex space located?
The property is located at 3257 NW 7 Ave Cir # A Miami, FL.
What are key features of this property?
This property features: 5,000 square feet of flex space; Remodeled offices, conference area, and warehouse space; Assigned parking with additional guest parking
