Office Suite with Private
New
For Sale
Contact for pricing
4445 W 16th Avenue #300, Hialeah, FL 33012
Third-floor office space offers a sizable waiting area and three separate offices.
Property Size1,172 SF
Price / SF$2.33
Days on Market3
Property Features for 4445 W 16th Avenue #300
General Information
Standard status
Active
Size
1,172 SF
Property subtype
Office
Space & Availability
Floor
3
Condition
Built-Out
Additional Details
Property Use
Office
Building Details
Year Built
1984
Listing Agency:
Luft Realty
(305) 529-6245
Listed By:
Carlos Antoni · License #3107296
(305) 726-5988
Source:
Lehmannflorida
Added: Oct 29
Changed: Oct 30
Last Checked: Oct 30 at 3:13PM
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 Luft Realty
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Investment Insights
Based on property information with market context.
This 1,172-square-foot office suite occupies the third floor of a professional building constructed in 1984. Its layout includes a large waiting area and three private offices, with shared restrooms on each floor.
The lease is full service; phone and internet are not included. Complimentary valet parking is available to tenants and visitors.
The lease is full service; phone and internet are not included. Complimentary valet parking is available to tenants and visitors.
Key Highlights
- 1,172‑square‑foot suite on the third floor
- Large waiting area and three private offices
- Shared restrooms on each floor
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,625
Suggested Prices Based on Cap Rates
Cap Rate 5%
$452,500
$452.5K
Cap Rate 7%
$323,214
$323.2K
Cap Rate 9%
$251,389
$251.4K
Market Conditions
NOI Build-Up for 1,172 SF
Gross rent
$38.7K $33.00/SF
− Vacancy
−$8.5K −$7.26/SF
EGI
$30.2K $25.74/SF
− OpEx
−$7.5K −$6.44/SF
NOI
$22.6K $19.31/SF
Area
Hialeah, FL
Vacancy
22.00%
Lease Rate
$33.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$452,500
Cap Rate 7%
$323,214
Cap Rate 9%
$251,389
Alternative Uses
Best Use
Office B
$323.2K
$282.8K – $377.1K
NOI $22,625 @ 7.0% cap · market cap 827.24%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$461.3K
$403.6K – $538.2K
NOI $32,291 @ 7.0% cap · market cap 1,180.66%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
4,048
Businesses Nearby
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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
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Third-floor office space offers a sizable waiting area and three separate offices.
Where is this office unit located?
The property is located at 4445 W 16th Avenue #300 Hialeah, FL.
What are key features of this property?
This property features: 1,172‑square‑foot suite on the third floor; Large waiting area and three private offices; Shared restrooms on each floor
