Office Suite with Four Private
5803 NW 151ST Street #107, Miami Lakes, FL 33014
For Sale
Contact for pricing
Ground-level corner space in a Class A office building includes a kitchenette and an ADA-compliant restroom.
Property Size980 SF
Price / SF$3.27
Days on Market36
Property Features for 5803 NW 151ST Street #107
General Information
Standard status
Size
Class
Property subtype
Space & Availability
Floor
Condition
Additional Details
Highway Access
Property Use
Building Details
Year Built
Listing Agency:
RE/MAX 5 Star Realty
(954) 361-0000
Listed By:
Elisa Salmeron · License #3068429
(786) 344-7011
Source:
Lehmannflorida
Added: Oct 4
Changed: Nov 7
Last Checked: Nov 7 at 1:34PM
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 5 Star Realty
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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 980-square-foot office suite occupies a ground-floor corner position in a Class A building constructed in 2006. The layout provides four private offices, a kitchenette, and an ADA-compliant restroom. Water is included, and the suite is available for immediate occupancy.
The Miami Lakes address offers access to major highways, with restaurants, retail, banking, and other services nearby. Parking is available for the property.
The Miami Lakes address offers access to major highways, with restaurants, retail, banking, and other services nearby. Parking is available for the property.
Key Highlights
- 980‑square‑foot office suite in a Class A building
- Four private offices
- Ground‑floor corner location
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,975
Suggested Prices Based on Cap Rates
Cap Rate 5%
$519,500
$519.5K
Cap Rate 7%
$371,071
$371.1K
Cap Rate 9%
$288,611
$288.6K
Market Conditions
NOI Build-Up for 980 SF
Gross rent
$44.7K $45.60/SF
− Vacancy
−$10.1K −$10.26/SF
EGI
$34.6K $35.34/SF
− OpEx
−$8.7K −$8.84/SF
NOI
$26.0K $26.51/SF
Area
Miami-Dade County, FL
Vacancy
22.50%
Lease Rate
$45.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$519,500
Cap Rate 7%
$371,071
Cap Rate 9%
$288,611
Alternative Uses
Best Use
Office B
$371.1K
$324.7K – $432.9K
NOI $25,975 @ 7.0% cap · market cap 811.72%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$497.2K
$435.1K – $580.1K
NOI $34,804 @ 7.0% cap · market cap 1,087.63%
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
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,240
Businesses Nearby
Explore this area
Business Placement
Demographics for 33014, FL
40,261
Population
15,319
Households
2.6
Avg Household Size
43
Median Age
29%
College-Educated
84%
High-School Grad
6.5 sq mi
ZIP Area
6,194
Density / Sq Mi
$74,934
Median Household Income
$40,003
Median Earnings
$1,720
Median Rent
$398,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Office Units in Miami-Dade County, FL
Properties on Market for Office Units in Miami-Dade County
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Ground-level corner space in a Class A office building includes a kitchenette and an ADA-compliant restroom.
Where is this office unit located?
The property is located at 5803 NW 151ST Street #107 Miami Lakes, FL.
What are key features of this property?
This property features: 980‑square‑foot office suite in a Class A building; Four private offices; Ground‑floor corner location
