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Flex Space with Private Patio

5571 NW 84th Avenue, Doral, FL 33166

For Sale
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Front offices, a reception area, and restrooms are paired with an open warehouse floor.

Property Size3,424 SF
Price / SF$0.02
Days on Market131

Property Features for 5571 NW 84th Avenue

General Information

Standard status Active
Size 3,424 SF
Property subtype Industrial

Additional Details

Outdoor Storage Yes
Clear Span Yes

Building Details

Year Built 1972
Listing Agency: RE/MAX 360 Real Estate
Listed By: Agustin Duarte · License #A11825546
Source: Lehmannflorida
Added: Jun 30 Changed: Nov 7 Last Checked: Nov 6 at 2:39PM

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 RE/MAX 360 Real Estate

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This flex property combines 2,254 SF of interior space with a 793 SF private rear patio. The front office area includes multiple private offices, a reception area, and two restrooms. Behind it, a clear-span warehouse measures approximately 38' x 37'; a dedicated mechanical room keeps building systems separate from the usable floor area. The patio provides additional private outdoor space.

Located in Doral’s Airport West industrial market, the property is suited to a range of commercial and industrial operations, subject to applicable zoning and municipal regulations.

Key Highlights

  • 2,254 SF of interior area
  • 793 SF private rear patio
  • Clear‑span warehouse area of approximately 38' x 37'

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$36,964
Suggested Prices Based on Cap Rates
Cap Rate 5%
$739,280 $739.3K
Cap Rate 7%
$528,057 $528.1K
Cap Rate 9%
$410,711 $410.7K
Market Conditions
NOI Build-Up for 3,424 SF
Gross rent
$55.9K $16.32/SF
− Vacancy
−$3.1K −$0.90/SF
EGI
$52.8K $15.42/SF
− OpEx
−$15.8K −$4.63/SF
NOI
$37.0K $10.80/SF
Area
Miami-Dade County, FL
Vacancy
5.50%
Lease Rate
$16.32 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$739,280
Cap Rate 7%
$528,057
Cap Rate 9%
$410,711

Alternative Uses

Best Use
Flex RnD
$1.08M
$941.4K – $1.26M (±1% cap)
NOI $75,314 @ 7.0% cap · market cap 144,834.62%
Second Best
Warehouse
$641.2K
$561.1K – $748.1K (±1% cap)
NOI $44,885 @ 7.0% cap · market cap 86,317.31%
Theoretical Best
Office A
$1.74M
$1.52M – $2.03M (±1% cap)
NOI $121,600 @ 7.0% cap · market cap 233,846.15%
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

Flex space

Suggested Use

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

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

Location Intelligence

Trade Area within ½ mile

3,037
Businesses Nearby
Well-served
Demand for This Use

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

Market

Average Price Trend$/SF for Flex space in Doral, FL

$321 Jul
$316 Aug
$253 Sep
$144 Oct

Properties on Market for Flex space in Doral

Jul
Aug
Sep
Oct

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025

Similar Off Market Nearby

  • Taste of Style Catering - Ballroom — 4747 NW 79th Ave, Miami, FL 33166
  • Gourmet Concepts — 5231 Geneva NW 48th Way, Doral, FL 33166
  • Funky Lab 305 — 5149 NW 74th Ave, Miami, FL 33166
  • Green Meals — 7415 NW 54th St, Miami, FL 33166
  • Aaron's Catering — 9605 NW 79th Ave, Hialeah Gardens, FL 33016

Frequently Asked Questions

What type of property is this?
Flex space - Front offices, a reception area, and restrooms are paired with an open warehouse floor.
Where is this flex space located?
The property is located at 5571 NW 84th Avenue Doral, FL.
What are key features of this property?
This property features: 2,254 SF of interior area; 793 SF private rear patio; Clear‑span warehouse area of approximately 38' x 37'
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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