Flex Space with Warehouse and
3500 NW 54th St #5308, Miami, FL 33142
For Sale
Contact for pricing
Industrial property combines adaptable work areas with dedicated parking and a 16-foot clear ceiling.
Property Size5,165 SF
Price / SF$0.00
Days on Market57
Property Features for 3500 NW 54th St #5308
General Information
Standard status
Size
Property subtype
Additional Details
Clear Height
Amenities
2.16368 acres
Overhead Doors
Parcel Number: 30-31-21-000-0490, Public Survey Range: 31, Public Survey Section: 21, Public Survey Township: 31, Legal Description: 21 53 41 1.87 AC E1/2 OF E1/2 OF NE1/4 OF NW1/4 OF NW1/4 LESS N50FT & E35FT FOR R/W PR ADD 3500 NW 54 ST LOT SIZE IRREGULAR OR 16564-4465 10, Zoning: 7100
Concrete
Listing ID: A12088732, Standard Status: Active, MLS Status: Active, Property Subtype: Industrial, On market as of 2026-09-14, Special Conditions: Lease
6 total parking spaces, Assigned, Common, Free Parking, Loading Spaces, On Street
Built in 1953, Living area: 62480, Living area units: Square Feet, 1 building, 1 storey
County/Parish: Miami-Dade County
Leasable area: 5165, Leasable area units: Square Feet
Frontage Type: City Street
Building Details
Year Built
Listing Agency:
The Hype Real Estate Group Corp
Listed By:
Pablo Vignolo · License FL #3276129
(305) 303-3837
Source:
Riserealty
Added: Sep 14
Changed: Nov 8
Last Checked: Nov 8 at 5:41AM
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 The Hype Real Estate Group Corp
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Investment Insights
Based on property information with market context.
This 5,165-square-foot flex property combines warehouse and office areas within an industrial setting. The space features a 16-foot clear ceiling, dedicated parking, and an adaptable layout that can accommodate distribution, logistics, e-commerce fulfillment, wholesale, contractor operations, equipment storage, light manufacturing, or service-based businesses. The interior can also be cleared and prepared for occupancy.
Built in 1953, the property is located at 3500 NW 54th St, Unit 5308, in Miami, Florida. Its mix of work and storage areas provides a practical format for businesses requiring both operational space and office functionality.
Built in 1953, the property is located at 3500 NW 54th St, Unit 5308, in Miami, Florida. Its mix of work and storage areas provides a practical format for businesses requiring both operational space and office functionality.
Key Highlights
- 5,165 SF industrial flex property
- Warehouse and office areas in one adaptable space
- 16' clear ceiling height
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$69,390
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,387,800
$1.4M
Cap Rate 7%
$991,286
$991.3K
Cap Rate 9%
$771,000
$771.0K
Market Conditions
NOI Build-Up for 5,165 SF
Gross rent
$104.1K $20.16/SF
− Vacancy
−$5.0K −$0.97/SF
EGI
$99.1K $19.19/SF
− OpEx
−$29.7K −$5.76/SF
NOI
$69.4K $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%
$1,387,800
Cap Rate 7%
$991,286
Cap Rate 9%
$771,000
Alternative Uses
Best Use
Warehouse
$1.20M
$1.05M – $1.40M
NOI $84,259 @ 7.0% cap
Second Best
Flex RnD
$1.08M
$946.8K – $1.26M
NOI $75,740 @ 7.0% cap
Theoretical Best
Specialty Retail
$3.49M
$3.05M – $4.07M
NOI $244,049 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
16 ft
Clear height
Location Intelligence
Trade Area within ½ mile
1,392
Businesses Nearby
Balanced
Demand for This Use
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Business Placement
Demographics for 33142, FL
55,425
Population
22,275
Households
2.5
Avg Household Size
39
Median Age
13%
College-Educated
69%
High-School Grad
10.9 sq mi
ZIP Area
5,085
Density / Sq Mi
$37,900
Median Household Income
$29,109
Median Earnings
$1,289
Median Rent
$298,000
Median Home Value
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Market
Average Price Trend$/SF for Flex space in Miami, FL
Properties on Market for Flex space in Miami
Vacancy Rate% for Industrial in Miami, FL
Similar Off Market Nearby
- Mobile Bar Miami — 751 SE Park Dr apt 203, Hialeah, FL 33010
- Bar Solution Services — 3745 NW 50th St Unit A, Miami, FL 33142
- Chef's Delights Catering — 3520 NW 50th St, Miami, FL 33142
- Licardo Hospitality — 7415 NW 54th St, Miami, FL 33142
- Lyon & Lyon — 5663 NW 35th Ct, Miami, FL 33142
Frequently Asked Questions
What type of property is this?
Flex space - Industrial property combines adaptable work areas with dedicated parking and a 16-foot clear ceiling.
Where is this flex space located?
The property is located at 3500 NW 54th St #5308 Miami, FL.
What are key features of this property?
This property features: 5,165 SF industrial flex property; Warehouse and office areas in one adaptable space; 16' clear ceiling height
