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Renovated Flex Space Property
For Sale
Contact for pricing
Pending

540 NW 71st St, Miami, FL 33150

Renovated units offer adaptable settings for modern businesses within a collaborative creative-work environment.

Property SizeContact for details
Days on Market142

Property Features for 540 NW 71st St

General Information

Standard status Pending
Property subtype Industrial
Zoning T5-O

Additional Details

Cap Rate 5.5%
Highway Access Yes
Listing Agency: Metro 1 Commercial (Metro 1)
Listed By: Juan Andres Nava · License #3272621
Source: Crexi
Added: Apr 12 Changed: Aug 29 Last Checked: Aug 29 at 1:21PM

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 Metro 1 Commercial (Metro 1)

Investment Insights

Based on property information with market context.

This flex space property at 540 NW 71st St includes renovated units designed for modern businesses seeking adaptable creative-work environments. The property is zoned T5-O, supporting a range of innovative and industrial business uses, and the site offers development potential for up to 5 stories.

The asset is positioned in Miami’s Little River neighborhood, north of the Design District and Magic City Innovation District. It provides access to Miami Beach and major highways, including I-95 and I-195, while Wynwood, Midtown, and the Biscayne Corridor are described as minutes away. The setting combines renovated commercial space with proximity to established creative and business districts.

Key Highlights

  • Renovated units configured for modern creative‑work environments
  • T5‑O zoning supports innovative and industrial business uses
  • Development potential for up to 5 stories

Property Analytics

Current Use

Vault Place (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Dental Office Locksmith (Bike/Boat/Book/etc) Store Nursing Home Butcher Tanning Salon

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

2,353
Businesses Nearby
Balanced
Demand for This Use

Demographics for 33150, FL

28,703
Population
12,403
Households
2.3
Avg Household Size
37
Median Age
14%
College-Educated
75%
High-School Grad
3.5 sq mi
ZIP Area
8,201
Density / Sq Mi
$40,802
Median Household Income
$32,359
Median Earnings
$1,179
Median Rent
$377,700
Median Home Value

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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

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Frequently Asked Questions

What type of property is this?
Flex space - Renovated units offer adaptable settings for modern businesses within a collaborative creative-work environment.
Where is this flex space located?
The property is located at 540 NW 71st St Miami, FL.
What are key features of this property?
This property features: Renovated units configured for modern creative‑work environments; T5‑O zoning supports innovative and industrial business uses; Development potential for up to 5 stories
(954) 864-6274 Call to check price and availability
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