Second-Floor Flex
For Sale
Contact for pricing
4232 W 16th Ave, Hialeah, FL 33012
Open commercial unit with elevator access, a restroom, and a layout suited to varied professional configurations.
Property Size750 SF
Price / SF$0.03
Days on Market70
Property Features for 4232 W 16th Ave
General Information
Standard status
Active
Size
750 SF
Elevators
Yes
Property subtype
Office
Additional Details
Floor
Second Floor
Amenities
elevator
Square Feet: 34247
Sewer: Public Sanitation
Parcel Number: 04-30-02-059-0150, Tax Legal Description: HIALEAH CLUB SUB PB 114-86 LOTS 15 THRU 18 BLK 1 LOT SIZE 34247 SQ FT OR 18915-1211 1199 1
Cooling: Central Individual A/C
Business Type: Other Type, Lease Considered, Lease Term: 1 To 3 Year Lease,Annual Lease,Long Term Lease, Special Listing Conditions: Lease, Standard Status: Active
Year Built: 1985, Building Area Total: 18000, Structure Type: Commercial, Office/Retail, Office
County Or Parish: Miami-Dade County
Leasable Area Units: Square Feet, Leasable Area: 750
Water Source: Public
Building Details
Year Built
1985
Listing Agency:
York Investments Corp.
(305) 443-0000
Listed By:
Adin Garcia · License #A12071021
(786) 277-3693
Source:
Riserealty
Added: Aug 13
Changed: Oct 21
Last Checked: Oct 20 at 10:20PM
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 York Investments Corp.
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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.
This 750 SF flex space occupies the second floor of a commercial building constructed in 1985. The unit features an open interior arrangement, elevator access, and a dedicated restroom. Its prior configuration as a training facility provides a documented commercial layout history without limiting the space to a single format.
The property is located at 4232 W 16th Ave in Hialeah, Florida, along W 16th Ave. The surrounding setting is described as high-traffic, with street visibility from the avenue. The unit is offered for sale and provides a compact commercial footprint within an established building.
The property is located at 4232 W 16th Ave in Hialeah, Florida, along W 16th Ave. The surrounding setting is described as high-traffic, with street visibility from the avenue. The unit is offered for sale and provides a compact commercial footprint within an established building.
Key Highlights
- 750 SF second‑floor flex space
- Elevator access to the unit
- Open interior layout with restroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$8,514
Suggested Prices Based on Cap Rates
Cap Rate 5%
$170,280
$170.3K
Cap Rate 7%
$121,629
$121.6K
Cap Rate 9%
$94,600
$94.6K
Market Conditions
NOI Build-Up for 750 SF
Gross rent
$12.9K $17.16/SF
− Vacancy
−$708 −$0.94/SF
EGI
$12.2K $16.22/SF
− OpEx
−$3.6K −$4.86/SF
NOI
$8.5K $11.35/SF
Area
Hialeah, FL
Vacancy
5.50%
Lease Rate
$17.16 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$170,280
Cap Rate 7%
$121,629
Cap Rate 9%
$94,600
Alternative Uses
Best Use
Office B
$206.8K
$181.0K – $241.3K
NOI $14,479 @ 7.0% cap · market cap 55,688.46%
Second Best
Flex RnD
$161.5K
$141.3K – $188.4K
NOI $11,302 @ 7.0% cap · market cap 43,469.23%
Theoretical Best
Office A
$295.2K
$258.3K – $344.4K
NOI $20,664 @ 7.0% cap · market cap 79,476.92%
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
3,734
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 33012, FL
70,260
Population
25,923
Households
2.7
Avg Household Size
48
Median Age
18%
College-Educated
72%
High-School Grad
5.9 sq mi
ZIP Area
11,908
Density / Sq Mi
$45,818
Median Household Income
$32,039
Median Earnings
$1,562
Median Rent
$355,600
Median Home Value
Market
Vacancy Rate% for Office in South region
Similar Off Market Nearby
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- Chef Cuba Catering — 8471 NW South River Dr, Medley, FL 33166
- Mirta Salazar Catering — 1685 W 42nd St #1, Hialeah, FL 33012
- Rode Services Inc — 9605 NW 79th Ave #17, Hialeah Gardens, FL 33016
- Wuara, Cuban Pizza Food Truck — 1460 W 49th St, Hialeah, FL 33012
Frequently Asked Questions
What type of property is this?
Flex space - Open commercial unit with elevator access, a restroom, and a layout suited to varied professional configurations.
Where is this flex space located?
The property is located at 4232 W 16th Ave Hialeah, FL.
What are key features of this property?
This property features: 750 SF second‑floor flex space; Elevator access to the unit; Open interior layout with restroom
