Flex Space with Two-Level
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For Sale
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4310 SW 73rd Ave Unit 4376, Miami, FL 33155
Vacant, air-conditioned workspace combines warehouse area with private offices on two floors.
Property Size1,500 SF
Price / SF$2.40
Days on Market5
Property Features for 4310 SW 73rd Ave Unit 4376
General Information
Standard status
Active
Size
1,500 SF
Property subtype
Mixed Use
Additional Details
Highway Access
Yes
Amenities
Square Feet: 227383
Parcel Number: 30-40-23-094-0160, Tax Legal Description: BIRD WINGATE WAREHOUSE CONDO UNIT 4376 UNDIV 1.35% INT IN COMMON ELEMENTS OFF REC 24843-2053 COC 24924-4393 09 2006 1
Business Type: Office/Warehouse Combination, Store/Warehouse Combination, Lease Considered, Lease Term: 1 To 3 Year Lease,4 To 6 Year Lease,7-10 Year Lease,Annual Lease, Special Listing Conditions: Lease, Standard Status: Active
Year Built: 1967, Building Area Total: 137890
County Or Parish: Miami-Dade County, Unit Number: 4376
Leasable Area Units: Square Feet, Leasable Area: 1500
Tenant Pays: A/C & Heating Maintenance, Electricity, Inside Insurance, Interior Maintenance
Building Details
Year Built
1967
Listing Agency:
Lifestyle International Realty
(305) 809-8085
Listed By:
Elissa Urquiaga · License #A12108191
(786) 238-4477
Source:
Riserealty
Added: Oct 16
Changed: Oct 19
Last Checked: Oct 19 at 2:09PM
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 Lifestyle International Realty
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Investment Insights
Based on property information with market context.
This flex property offers approximately 1,500 square feet, including 600 square feet of private office space divided between two levels at 300 square feet per floor. Both the warehouse and office areas are air-conditioned, and the unit is vacant with white-painted interiors. The building dates to 1967.
Located in Miami, the property is minutes from the Palmetto Expressway (SR-826) and Bird Road (SW 40th Street).
Located in Miami, the property is minutes from the Palmetto Expressway (SR-826) and Bird Road (SW 40th Street).
Key Highlights
- Approximately 1,500 SF of total space
- 600 SF of private office area, split into 300 SF on each of two levels
- Air conditioning in the warehouse and office areas
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,152
Suggested Prices Based on Cap Rates
Cap Rate 5%
$403,040
$403.0K
Cap Rate 7%
$287,886
$287.9K
Cap Rate 9%
$223,911
$223.9K
Market Conditions
NOI Build-Up for 1,500 SF
Gross rent
$30.2K $20.16/SF
− Vacancy
−$1.5K −$0.97/SF
EGI
$28.8K $19.19/SF
− OpEx
−$8.6K −$5.76/SF
NOI
$20.2K $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%
$403,040
Cap Rate 7%
$287,886
Cap Rate 9%
$223,911
Alternative Uses
Best Use
Warehouse
$349.6K
$305.9K – $407.8K
NOI $24,470 @ 7.0% cap · market cap 679.72%
Second Best
Flex RnD
$314.2K
$275.0K – $366.6K
NOI $21,996 @ 7.0% cap · market cap 611.00%
Theoretical Best
Specialty Retail
$1.01M
$886.0K – $1.18M
NOI $70,876 @ 7.0% cap · market cap 1,968.78%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
3,166
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 33155, FL
43,695
Population
16,046
Households
2.7
Avg Household Size
45
Median Age
37%
College-Educated
85%
High-School Grad
7.4 sq mi
ZIP Area
5,905
Density / Sq Mi
$79,271
Median Household Income
$41,919
Median Earnings
$1,871
Median Rent
$505,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Miami, FL
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Frequently Asked Questions
What type of property is this?
Flex space - Vacant, air-conditioned workspace combines warehouse area with private offices on two floors.
Where is this flex space located?
The property is located at 4310 SW 73rd Ave Unit 4376 Miami, FL.
What are key features of this property?
This property features: Approximately 1,500 SF of total space; 600 SF of private office area, split into 300 SF on each of two levels; Air conditioning in the warehouse and office areas
