Warehouse with Office and
4-6700 Ne 2nd Ct Miami, FL 33139
4-6700 Ne 2nd Ct, Miami, FL, 33139
$3,755,000
For Sale
$3,755,000
Brand-new warehouse with 30-foot ceilings, three street-level overhead doors, and an upstairs office with impact windows.
Property Size6,220 SF
Price / SF$603.70
Days on Market43
Property Features for 4-6700 Ne 2nd Ct
General Information
- Standard status
- Active
- Size
- 6,220 SF
Listing agency
Metro 1
(305) 972-8860
Listed by
Irene G Dakota · License #3062153
(305) 972-8860
Source
Exprealty
Added: Jun 9 Updated: Jul 20 at 3:01PM Checked: Jul 20 at 3:01PM
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 Metro 1
Investment Insights
Based on property information with market context.
Brand-new warehouse in a 4-unit condominium campus, offering a versatile live-work or business layout. The upstairs office area includes two private offices, a large open space, a kitchenette, and a bathroom, all surrounded by impact windows. The warehouse features 30-foot ceilings, full AC, and three large street-level overhead doors for straightforward access. A mezzanine adds additional space, and the ground floor includes a bathroom and shower. A handicapped elevator supports convenient vertical access.
Located at 4-6700 NE 2nd Ct in Miami, Florida, the property is configured for flexible uses, including showroom, car storage, and e-commerce or logistics-related operations as described in the offering.
Located at 4-6700 NE 2nd Ct in Miami, Florida, the property is configured for flexible uses, including showroom, car storage, and e-commerce or logistics-related operations as described in the offering.
Key Highlights
- Brand‑new 6,220 SF warehouse with 30‑ft ceilings and full AC
- Three street‑level overhead doors provide easy warehouse access
- Upstairs office includes two private offices, large open space, kitchenette, and bathroom
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $279.9k | $45.00 |
| − Vacancy | −$42.0k | −$6.75 |
| EGI | $237.9k | $38.25 |
| − OpEx | −$59.5k | −$9.56 |
| NOI | $178.4k | $28.69 |
6,220 SF · lease $45.00/SF/yr · vacancy 15.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$2.55M
$2.23M – $2.97M
NOI $178,436 @ 7.0% cap · market cap 4.75%
Second Best
Warehouse
$1.45M
$1.27M – $1.69M
NOI $101,470 @ 7.0% cap · market cap 2.70%
Theoretical Best
Specialty Retail
$4.20M
$3.67M – $4.90M
NOI $293,898 @ 7.0% cap · market cap 7.83%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - Brand-new warehouse with 30-foot ceilings, three street-level overhead doors, and an upstairs office with impact windows.
Where is this flex space located?
The property is located at 4-6700 Ne 2nd Ct Miami, FL.
What is the asking price?
The asking price for this property is $3,755,000.
What are key features of this property?
This property features: Brand‑new 6,220 SF warehouse with 30‑ft ceilings and full AC; Three street‑level overhead doors provide easy warehouse access; Upstairs office includes two private offices, large open space, kitchenette, and bathroom
