Fully Built-Out Flex
For Sale
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4705 SW 74th Ave, Miami, FL 33155
Built-out office and warehouse areas with light industrial flexibility and dedicated on-site parking for tenant operations.
Property Size3,825 SF
Price / SF$2.48
Days on Market142
Property Features for 4705 SW 74th Ave
General Information
Standard status
Active
Size
3,825 SF
Total Parking Spaces
9
Property subtype
Commercial
Additional Details
Office Units
3
Building Details
Building Size
3,825 SF
Year Built
1982
Listing Agency:
United Realty Group Inc
Listed By:
Jessica Ferra Rodriguez · License #3463858
(786) 612-2349
Source:
Elliman
Added: Jun 4
Changed: Oct 8
Last Checked: Oct 20 at 9:47PM
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 United Realty Group Inc
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Investment Insights
Based on property information with market context.
This flex property consists of three units—4705, 4709, and 4711—totaling 3,825 square feet. The configuration includes office space totaling 1,950 square feet and warehouse space totaling 1,875 square feet, with a layout designed to support combined work and storage needs. The space is fully built out and described as being in excellent condition.
Located at 4705 SW 74th Ave in Miami, Florida, the offering includes 9 parking spaces available for tenant use. WalkScore is listed at 57 (somewhat walkable), BikeScore at 59 (bikeable), and transitScore at 30 (some transit), which may be relevant for tenants planning staff commuting and daily access.
For buyers and operators looking for a streamlined setup for light industrial activity, the blend of office and warehouse area can support day-to-day business functions alongside storage and operations in a single facility. With three separate units included in the total, the property may also be suitable for an owner-operator or a buyer evaluating multi-unit occupancy within one flex-style package.
Located at 4705 SW 74th Ave in Miami, Florida, the offering includes 9 parking spaces available for tenant use. WalkScore is listed at 57 (somewhat walkable), BikeScore at 59 (bikeable), and transitScore at 30 (some transit), which may be relevant for tenants planning staff commuting and daily access.
For buyers and operators looking for a streamlined setup for light industrial activity, the blend of office and warehouse area can support day-to-day business functions alongside storage and operations in a single facility. With three separate units included in the total, the property may also be suitable for an owner-operator or a buyer evaluating multi-unit occupancy within one flex-style package.
Key Highlights
- 3‑unit flex property built in 1982 totaling 3,825 sqft
- Includes 1,950 sqft of office space and 1,875 sqft of warehouse space
- Flex layout with office and warehouse space suitable for light industrial use
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$51,387
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,027,740
$1.0M
Cap Rate 7%
$734,100
$734.1K
Cap Rate 9%
$570,967
$571.0K
Market Conditions
NOI Build-Up for 3,825 SF
Gross rent
$77.1K $20.16/SF
− Vacancy
−$3.7K −$0.97/SF
EGI
$73.4K $19.19/SF
− OpEx
−$22.0K −$5.76/SF
NOI
$51.4K $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%
$1,027,740
Cap Rate 7%
$734,100
Cap Rate 9%
$570,967
Alternative Uses
Best Use
Office B
$1.57M
$1.37M – $1.83M
NOI $109,730 @ 7.0% cap · market cap 1,155.05%
Second Best
Warehouse
$891.4K
$780.0K – $1.04M
NOI $62,399 @ 7.0% cap · market cap 656.83%
Theoretical Best
Specialty Retail
$2.58M
$2.26M – $3.01M
NOI $180,733 @ 7.0% cap · market cap 1,902.45%
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
3
Office units
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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Market
Vacancy Rate% for Office in Miami, FL
Similar Off Market Nearby
- Juniors Catering of Miami — 7370 SW 48th St, Miami, FL 33155
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- 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 - Built-out office and warehouse areas with light industrial flexibility and dedicated on-site parking for tenant operations.
Where is this flex space located?
The property is located at 4705 SW 74th Ave Miami, FL.
What are key features of this property?
This property features: 3‑unit flex property built in 1982 totaling 3,825 sqft; Includes 1,950 sqft of office space and 1,875 sqft of warehouse space; Flex layout with office and warehouse space suitable for light industrial use
