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Office Suite
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4848 SW 74th Court #9, Miami, FL 33155

The office suite is near SR 826 and SR 874, with Tropical Park next door.

Property Size1,470 SF
Price / SF$1.90
Days on Market18

Property Features for 4848 SW 74th Court #9

General Information

Standard status Active
Size 1,470 SF
Property subtype Office

Additional Details

Highway Access Yes
Property Use Office

Building Details

Year Built 1988
Listing Agency: The Keyes Company
Listed By: Paula Alesia Carozzo · License #3661592
Source: Isaacsrealestate
Added: Oct 15 Changed: Oct 28 Last Checked: Nov 1 at 1:31AM

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 The Keyes Company

Rey
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Investment Insights

Based on property information with market context.

Suite 9 is part of Gateway Office Tech IV, an office property built in 1988. The property is located at 4848 SW 74th Court in Miami.

SR 826 and SR 874 are both nearby, and Tropical Park is next to the property.

Key Highlights

  • Suite 9 at Gateway Office Tech IV
  • Built in 1988
  • Near SR 826 and SR 874

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$42,171
Suggested Prices Based on Cap Rates
Cap Rate 5%
$843,420 $843.4K
Cap Rate 7%
$602,443 $602.4K
Cap Rate 9%
$468,567 $468.6K
Market Conditions
NOI Build-Up for 1,470 SF
Gross rent
$66.2K $45.00/SF
− Vacancy
−$9.9K −$6.75/SF
EGI
$56.2K $38.25/SF
− OpEx
−$14.1K −$9.56/SF
NOI
$42.2K $28.69/SF
Area
Miami, FL
Vacancy
15.00%
Lease Rate
$45.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$843,420
Cap Rate 7%
$602,443
Cap Rate 9%
$468,567

Alternative Uses

Best Use
Office B
$602.4K
$527.1K – $702.9K (±1% cap)
NOI $42,171 @ 7.0% cap · market cap 1,506.11%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$992.3K
$868.2K – $1.16M (±1% cap)
NOI $69,458 @ 7.0% cap · market cap 2,480.64%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

First Choice Mortgage ... Loan Service Arvelo & Associates Structural Engineer Waterway Title Insurance ... Law Firm

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Barber Shop Grocery & Convenience Store Tanning Salon Daycare Center Locksmith

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

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

774
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Miami, FL

12.4% 2019
16.3% 2020
17% 2021
16.1% 2022
15% 2023
16.1% 2024
15.2% 2025

Frequently Asked Questions

What type of property is this?
Office unit - The office suite is near SR 826 and SR 874, with Tropical Park next door.
Where is this office unit located?
The property is located at 4848 SW 74th Court #9 Miami, FL.
What are key features of this property?
This property features: Suite 9 at Gateway Office Tech IV; Built in 1988; Near SR 826 and SR 874
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Includes: Price & PSF · Cap rate · Location · Zoning

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