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Warehouse Condo with Office Area
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4334 SW 73rd Ave, Miami, FL 33155

Large, fully sprinklered warehouse with both street-level and dock-high bay doors plus an attached upscale office area.

Property Size27,000 SF
Price / SF$315
Days on Market110

Property Features for 4334 SW 73rd Ave

General Information

Standard status Active
Size 27,000 SF
Class A
Property subtype Industrial
Listing Agency: Maddux & Company
Listed By: Jesse Cox · License #3342867
Source: Crexi
Added: Jul 8 Changed: Oct 5 Last Checked: Oct 24 at 4:49PM

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 Maddux & Company

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Investment Insights

Based on property information with market context.

This for-sale warehouse condo offers approximately 27,000 +/- square feet of large, open, fully sprinklered warehouse space, along with about 15% upscale office area. The configuration includes both street-level and dock-high bay doors to support flexible loading and receiving needs.

Located in the Bird Road Arts District at 4334 SW 73rd Ave in Miami, the property is positioned as the largest warehouse condo unit within the district, per the seller’s remarks.

The building is designed around a straightforward warehouse layout with direct access through the two door types, complemented by office space for onsite coordination.

Key Highlights

  • 27,000+/- SF warehouse with 15% upscale office in the Bird Road Arts District
  • Largest warehouse condo unit in the Bird Rd art district
  • Large open, fully sprinklered warehouse space

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$440,464
Cap Rate
5.18%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$8,809,280 $8.8M
Cap Rate 7%
$6,292,343 $6.3M
Cap Rate 9%
$4,894,044 $4.9M
Market Conditions
NOI Build-Up for 27,000 SF
Gross rent
$544.3K $20.16/SF
− Vacancy
−$26.1K −$0.97/SF
EGI
$518.2K $19.19/SF
− OpEx
−$77.7K −$2.88/SF
NOI
$440.5K $16.31/SF
Area
Miami, FL
Vacancy
4.80%
Lease Rate
$20.16 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$8,809,280
Cap Rate 7%
$6,292,343
Cap Rate 9%
$4,894,044

Alternative Uses

Best Use
Warehouse
$6.29M
$5.51M – $7.34M (±1% cap)
NOI $440,464 @ 7.0% cap · market cap 5.18%
Second Best
Flex RnD
$5.66M
$4.95M – $6.60M (±1% cap)
NOI $395,928 @ 7.0% cap · market cap 4.66%
Theoretical Best
Specialty Retail
$18.23M
$15.95M – $21.26M (±1% cap)
NOI $1,275,762 @ 7.0% cap · market cap 15.00%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Miami Leather Co. (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Dental Office Grocery & Convenience Store Parking Lot & Garage Hotel & Motel Garden Center Barber Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

3,025
Businesses Nearby
Well-served
Demand for This Use

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

Market

Vacancy Rate% for Industrial in Miami, FL

4.1% 2019
4.6% 2020
2.2% 2021
1.6% 2022
2.4% 2023
5.7% 2024
6.5% 2025

Similar Off Market Nearby

  • Juniors Catering of Miami — 7370 SW 48th St, Miami, FL 33155
  • Billy G Catering — 4631 SW 75th Ave, Miami, FL 33155
  • il Cucchiaio Professional Catering & Events Production — 4519 SW 75th Ave, Miami, FL 33155
  • The Lazy Oyster — 4631 SW 75th Ave, Miami, FL 33155
  • Le Basque the Caterers — 4652 SW 74th Ave, Miami, FL 33155

Frequently Asked Questions

What type of property is this?
Flex space - Large, fully sprinklered warehouse with both street-level and dock-high bay doors plus an attached upscale office area.
Where is this flex space located?
The property is located at 4334 SW 73rd Ave Miami, FL.
What is the asking price?
The asking price for this property is $8,505,000.
What are key features of this property?
This property features: 27,000+/- SF warehouse with 15% upscale office in the Bird Road Arts District; Largest warehouse condo unit in the Bird Rd art district; Large open, fully sprinklered warehouse space
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