Office-Forward Flex
5520-5522 NW 72nd Ave, Miami, FL 33166
For Sale
New
$1,449,000
Pending
A polished office buildout is paired with climate-controlled warehouse storage for combined administrative and operational use.
Property Size4,420 SF
Days on Market4
Property Features for 5520-5522 NW 72nd Ave
General Information
Standard status
Size
Zoning
Warehouse & Industrial
Clear Height
Drive-In Doors
Conditioned Warehouse
Additional Details
Highway Access
Taxes and HOA fees
Annual Taxes
Listing Agency:
Compass Florida, LLC.
Listed By:
Wendy Perez · License #3655602
(786) 603-7773
Source:
Evrealestate
Added: Nov 4
Changed: Nov 7
Last Checked: Nov 6 at 8:42AM
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.
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Investment Insights
Based on property information with market context.
This 4,420-SF flex property in Miami combines a finished front office with rear warehouse space. The office includes a reception area, glass-enclosed boardroom, private offices, custom millwork, marble finishes, architectural lighting, a kitchenette, and a private restroom. Warehouse features include approximately 16-foot clear ceilings, a street-level roll-up door, climate-controlled storage, pallet racking, and two private entrances.
The property is adjacent to Downtown Doral and a short drive from the Palmetto Expressway (SR-826). Restaurants, retail, and everyday amenities are within walking distance. The combination of client-facing office finishes and functional warehouse improvements supports a range of business operations under one roof.
The property is adjacent to Downtown Doral and a short drive from the Palmetto Expressway (SR-826). Restaurants, retail, and everyday amenities are within walking distance. The combination of client-facing office finishes and functional warehouse improvements supports a range of business operations under one roof.
Key Highlights
- 4,420‑SF flex property with finished office and warehouse areas
- Glass‑enclosed boardroom, private offices, reception area, and kitchenette
- Warehouse with approximately 16‑foot clear ceilings and a street‑level roll‑up door
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$72,106
Cap Rate
4.98%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,442,120
$1.4M
Cap Rate 7%
$1,030,086
$1.0M
Cap Rate 9%
$801,178
$801.2K
Market Conditions
NOI Build-Up for 4,420 SF
Gross rent
$89.1K $20.16/SF
− Vacancy
−$4.3K −$0.97/SF
EGI
$84.8K $19.19/SF
− OpEx
−$12.7K −$2.88/SF
NOI
$72.1K $16.31/SF
Area
Miami, FL
Vacancy
4.80%
Lease Rate
$20.16 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,442,120
Cap Rate 7%
$1,030,086
Cap Rate 9%
$801,178
Alternative Uses
Best Use
Warehouse
$1.03M
$901.3K – $1.20M
NOI $72,106 @ 7.0% cap · market cap 4.98%
Second Best
Flex RnD
$925.9K
$810.2K – $1.08M
NOI $64,815 @ 7.0% cap · market cap 4.47%
Theoretical Best
Specialty Retail
$2.98M
$2.61M – $3.48M
NOI $208,847 @ 7.0% cap · market cap 14.41%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
16 ft
Clear height
1
Drive-in doors
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,613
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 33166, FL
26,106
Population
10,838
Households
2.4
Avg Household Size
41
Median Age
42%
College-Educated
83%
High-School Grad
7.9 sq mi
ZIP Area
3,305
Density / Sq Mi
$78,166
Median Household Income
$39,744
Median Earnings
$1,766
Median Rent
$489,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Flex space in Miami, FL
Properties on Market for Flex space in Miami
Vacancy Rate% for Industrial in Miami, FL
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Frequently Asked Questions
What type of property is this?
Flex space - A polished office buildout is paired with climate-controlled warehouse storage for combined administrative and operational use.
Where is this flex space located?
The property is located at 5520-5522 NW 72nd Ave Miami, FL.
What is the asking price?
The asking price for this property is $1,449,000.
What are key features of this property?
This property features: 4,420‑SF flex property with finished office and warehouse areas; Glass‑enclosed boardroom, private offices, reception area, and kitchenette; Warehouse with approximately 16‑foot clear ceilings and a street‑level roll‑up door
