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Flex Building with Showroom
New
For Lease
$38 SF/Yr

50 NW 21st Rd, Miami, FL 33129

Office, display, meeting, storage, and loading areas support a range of commercial operations.

Space Size10,000 SF
Days on Market3

Property Features for 50 NW 21st Rd

General Information

Standard status Active
Size 10,000 SF
Net Rentable 10,000 SF
Total Parking Spaces 15
Property subtype Commercial

Space & Availability

Available Space 10,000 SF
Contiguous Space 10,000 SF

Additional Details

Highway Access Yes
Drive-In Doors 1

Amenities

gated property
conference/meeting room
Assigned
Central Heating
Ceramic Tile Flooring
Concrete Roof
On Street

Building Details

Year Built 1973
Buildings 1
Building Size 10,000 SF
Listing Agency: COMPASS FLORIDA, LLC
Listed By: ALEXA MARTINEZ · License #A12100822
Source: Corcoran
Added: Oct 5 Changed: Oct 7 Last Checked: Oct 7 at 2:57PM

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 COMPASS FLORIDA, LLC

Investment Insights

Based on property information with market context.

This 10,000-square-foot freestanding flex property combines private offices, a showroom, a conference and meeting room, warehouse and inventory storage, and a grade-level roll-up door. Built in 1973, the gated site also has 15 on-site parking spaces.

The property sits across from Gymshark’s headquarters, with access to Wynwood, Midtown, the Design District, and I-95.

Key Highlights

  • 10,000 SF freestanding flex building
  • 15 on‑site parking spaces
  • Private offices, showroom, and conference/meeting room

Property Analytics

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Current Use

Flex space

Suggested Use

Top Pick Nursing Home Veterinary Clinic (Bike/Boat/Book/etc) Store Locksmith Restaurant Butcher

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

1
Drive-in doors
Yes
Highway access
NNN (Triple Net)
Lease Type
$5.70 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

6,896
Businesses Nearby
Under-served
Demand for This Use

Demographics for 33129, FL

15,218
Population
8,275
Households
1.8
Avg Household Size
44
Median Age
68%
College-Educated
97%
High-School Grad
1.4 sq mi
ZIP Area
10,870
Density / Sq Mi
$102,969
Median Household Income
$54,935
Median Earnings
$2,241
Median Rent
$573,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Miami, FL

$23.24 /SF/Yr
Avg Asking Price
$3.3–$65 /SF/Yr
Price Range
8,522 SF
Avg Space Size

This space is priced 63% above the average of $23.24 /SF/Yr.

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
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Similar Off Market Nearby

  • Sterling Group Food — 2625 SW 3rd Ave, Miami, FL 33129
  • The Lavender Chef, LLC — Miami, FL 33131
  • Chelles Conch LLC — 1110 Brickell Ave, Miami, FL 33131
  • Daavat Catering & Events LLC — Brickell Ave, Miami, FL 33131
  • Vale Food Co — 900 S Miami Ave Suite 125, Miami, FL 33130

Frequently Asked Questions

What type of property is this?
Flex space - Office, display, meeting, storage, and loading areas support a range of commercial operations.
Where is this flex space located?
The property is located at 50 NW 21st Rd Miami, FL.
What is the lease rate?
The lease rate is $38 SF/Yr.
What are key features of this property?
This property features: 10,000 SF freestanding flex building; 15 on‑site parking spaces; Private offices, showroom, and conference/meeting room
More about this property
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