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Office Unit Requiring Build-Out
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540 NW 165th St Rd #202, Miami, FL 33169

Land, Miami, FL

Property Size1,800 SF
Price / SF$1.67
Days on Market1

Property Features for 540 NW 165th St Rd #202

General Information

Property type Commercial Sale
Property subtype Other
Zoning description 6600
Subdivision GOLDEN GLADES OFFICE PK C
Lot features Flood Zone
Standard status Active
APN 30-21-13-024-0140

Additional Details

Property Use Office
Condition Needs Renovation

Taxes and HOA fees

Tax Year 2025
Tax Description GOLDEN GLADES OFFICE PK CONDO 2 UNIT 202 - 2ND FLOOR UNDIV 3.365% INT IN COMMON ELEMENTS CLERKS FILE 75R117051 OR 20323-2695 10 2001 4
Tax Annual Amount 1744
Legal Description GOLDEN GLADES OFFICE PK CONDO 2 UNIT 202 - 2ND FLOOR UNDIV 3.365% INT IN COMMON ELEMENTS CLERKS FILE 75R117051 OR 20323-2695 10 2001 4

Utilities

Utilities Water Available
Water source Public
Listing Agency: Beachfront Realty Inc
Listed By: George Faehnle PA · License #3304829
Added: Oct 27 Last Checked: Oct 27 at 6:06PM
MLS# A12113834

Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

This office unit contains approximately 1,800 square feet and requires a build-out, allowing the interior layout to be customized. The space is described as suitable for professional office uses, including medical, legal, real estate, and accounting services. Public water is available.

At 540 NW 165th St Rd #202 in Miami, the property is near I-95 and a busy intersection with multiple businesses. Open parking is available for occupants and visitors.

Key Highlights

  • Approximately 1,800 square feet of office space
  • Interior build‑out required; layout can be customized
  • Open parking available

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$51,638
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,032,760 $1.0M
Cap Rate 7%
$737,686 $737.7K
Cap Rate 9%
$573,756 $573.8K
Market Conditions
NOI Build-Up for 1,800 SF
Gross rent
$81.0K $45.00/SF
− Vacancy
−$12.2K −$6.75/SF
EGI
$68.9K $38.25/SF
− OpEx
−$17.2K −$9.56/SF
NOI
$51.6K $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%
$1,032,760
Cap Rate 7%
$737,686
Cap Rate 9%
$573,756

Alternative Uses

Best Use
Office B
$737.7K
$645.5K – $860.6K (±1% cap)
NOI $51,638 @ 7.0% cap · market cap 1,721.27%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.22M
$1.06M – $1.42M (±1% cap)
NOI $85,051 @ 7.0% cap · market cap 2,835.03%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Open Analytics

Current Use

Horeb Health Clinic ... Crisis Center Ngmbeauty LLC & Makeup ... Cosmetic Store LASHONOMY Hair Salon

Suggested Use

Top Pick Real Estate Agency Dental Office Restaurant Gym & Fitness Center Pharmacy Garden Center

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

1,552
Businesses Nearby

Demographics for 33169, FL

42,308
Population
14,815
Households
2.9
Avg Household Size
37
Median Age
22%
College-Educated
85%
High-School Grad
6.8 sq mi
ZIP Area
6,222
Density / Sq Mi
$59,686
Median Household Income
$34,327
Median Earnings
$1,536
Median Rent
$352,800
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 - Customizable office space near I-95 includes open parking and access to public water.
Where is this office unit located?
The property is located at 540 NW 165th St Rd #202 Miami, FL.
What are key features of this property?
This property features: Approximately 1,800 square feet of office space; Interior build‑out required; layout can be customized; Open parking available
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