Air-Conditioned Flex
New
For Sale
Contact for pricing
3565 NW 60th Street Second Floor, Miami, FL 33142
The second-floor layout combines open workspace with a private office and separate men's and women's restrooms.
Property Size7,000 SF
Price / SF$1.00
Days on Market6
Property Features for 3565 NW 60th Street Second Floor
General Information
Standard status
Active
Size
7,000 SF
Property subtype
Industrial
Building Details
Year Built
1951
Listing Agency:
B & B Realty of Miami, LLC
(305) 439-8207
Listed By:
Molly Hadida · License #3309915
(305) 766-1055
Source:
Lehmannflorida
Added: Oct 30
Changed: Nov 3
Last Checked: Nov 3 at 6:42AM
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 B & B Realty of Miami, 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.
Located on the second floor in Miami, this flex space offers a large open layout with full air conditioning. Separate men's and women's restrooms serve the main area, while an enclosed private office has its own bathroom. The property is approved for warehouse use; other commercial uses would require applicable zoning and permitting approvals, as well as landlord approval. The building dates to 1951.
Key Highlights
- Second‑floor commercial flex space in Miami
- Air‑conditioned interior with a large open layout
- Enclosed private office with its own bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$94,042
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,880,840
$1.9M
Cap Rate 7%
$1,343,457
$1.3M
Cap Rate 9%
$1,044,911
$1.0M
Market Conditions
NOI Build-Up for 7,000 SF
Gross rent
$141.1K $20.16/SF
− Vacancy
−$6.8K −$0.97/SF
EGI
$134.3K $19.19/SF
− OpEx
−$40.3K −$5.76/SF
NOI
$94.0K $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%
$1,880,840
Cap Rate 7%
$1,343,457
Cap Rate 9%
$1,044,911
Alternative Uses
Best Use
Warehouse
$1.63M
$1.43M – $1.90M
NOI $114,194 @ 7.0% cap · market cap 1,631.34%
Second Best
Flex RnD
$1.47M
$1.28M – $1.71M
NOI $102,648 @ 7.0% cap · market cap 1,466.40%
Theoretical Best
Specialty Retail
$4.73M
$4.13M – $5.51M
NOI $330,753 @ 7.0% cap · market cap 4,725.04%
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
1,584
Businesses Nearby
Under-served
Demand for This Use
Explore this area
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
Market
Vacancy Rate% for Industrial in Miami, FL
Similar Off Market Nearby
- 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 - The second-floor layout combines open workspace with a private office and separate men's and women's restrooms.
Where is this flex space located?
The property is located at 3565 NW 60th Street Second Floor Miami, FL.
What are key features of this property?
This property features: Second‑floor commercial flex space in Miami; Air‑conditioned interior with a large open layout; Enclosed private office with its own bathroom
