Power Financial Building Office
33004 S Dixie Hwy, Florida City, FL 33034
For Sale
Contact for pricing
Second floor office space in Power Financial Building.
Property Size8,957 SF
Lot Size0.95 Acres
Price / SF$0.01
Days on Market245
Property Features for 33004 S Dixie Hwy
General Information
Standard status
Size
Lot size
Property subtype
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Stories
Listing Agency:
Keller Williams Realty Premier Properties
Listed By:
Vladimir Golik · License #0382438
(305) 431-2785
Source:
Elliman
Added: Mar 10
Changed: Aug 16
Last Checked: Aug 16 at 10:08AM
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 Keller Williams Realty Premier Properties
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The Power Financial Building offers an attractive commercial space with frontage on US 1. The available space comprises the entire second floor, encompassing approximately 4,000 square feet. The floor plan features an open and modern design, enhanced by polished cement floors and an open ceiling height of 10 feet 4 inches. Private restrooms are included. The landlord is open to considering tenant improvements.
Key Highlights
- Entire 2nd floor space of approximately 4,000 sq ft.
- Frontage on US 1.
- Open and modern floor plan.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$111,622
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,232,440
$2.2M
Cap Rate 7%
$1,594,600
$1.6M
Cap Rate 9%
$1,240,244
$1.2M
Market Conditions
NOI Build-Up for 4,000 SF
Gross rent
$177.6K $44.40/SF
− Vacancy
−$28.8K −$7.19/SF
EGI
$148.8K $37.21/SF
− OpEx
−$37.2K −$9.30/SF
NOI
$111.6K $27.91/SF
Area
Miami-Dade County, FL
Vacancy
16.20%
Lease Rate
$44.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,232,440
Cap Rate 7%
$1,594,600
Cap Rate 9%
$1,240,244
Alternative Uses
Best Use
Office B
$1.59M
$1.40M – $1.86M
NOI $111,622 @ 7.0% cap · market cap 384,903.45%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.18M
$1.91M – $2.55M
NOI $152,901 @ 7.0% cap · market cap 527,244.83%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
979
Businesses Nearby
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Business Placement
Demographics for 33034, FL
22,850
Population
6,631
Households
3.4
Avg Household Size
34
Median Age
9%
College-Educated
65%
High-School Grad
1,173.1 sq mi
ZIP Area
19
Density / Sq Mi
$46,404
Median Household Income
$31,712
Median Earnings
$1,283
Median Rent
$310,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Office Units in Miami-Dade County, FL
Properties on Market for Office Units in Miami-Dade County
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Second floor office space in Power Financial Building.
Where is this office unit located?
The property is located at 33004 S Dixie Hwy Florida City, FL.
What are key features of this property?
This property features: Entire 2nd floor space of approximately 4,000 sq ft.; Frontage on US 1.; Open and modern floor plan.
