End-Unit Flex Suite with
For Sale
$1,700,000
6030 102nd Avenue, Doral, FL 33178
Private showroom-style suite with a wet bar, full bathroom, elevated storage area, and automated building systems.
Property Size2,449 SF
Price / SF$694.16
Days on Market190
Property Features for 6030 102nd Avenue
General Information
Standard status
Active
Size
2,449 SF
Property subtype
Mixed Use
Additional Details
End Cap
Yes
Clear Height
24 ft
Amenities
kitchen wet bar
full bathroom
closet
mezzanine level
soaring 24-foot ceilings
smart automation system
gated complex
VIP Concierge Network
catering
event access
vehicle detailing
gas delivery
dedicated transfer services
3
7100
Building Details
Year Built
2018
Listing Agency:
Compass Florida, LLC.
(305) 632-7195
Listed By:
Jesse Spencer · License #3282789
(305) 632-7195
Source:
Xome
Added: Feb 21
Changed: Aug 28
Last Checked: Aug 29 at 7:19AM
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.
Investment Insights
Based on property information with market context.
Suite 205 is a 2,449-square-foot end-unit flex suite within CollectionSuites. The interior includes a kitchen wet bar, full bathroom, closet, and mezzanine, with 24-foot ceilings that accommodate vehicle lifts or expansion of the existing mezzanine. Automated controls manage the garage door, lighting, climate, sound, and in-suite security cameras.
The property is part of a four-building gated complex at 6030 102nd Avenue in Doral, Florida. CollectionSuites ownership includes access to a VIP Concierge Network, catering and event services, vehicle detailing, gas delivery, and dedicated transfer services. A private owners-only clubhouse is being introduced through the CollectionSuites 2.0 expansion.
The suite is located 10 minutes from Miami International Airport and 20 minutes from Downtown Miami, with Coral Gables, Brickell, Coconut Grove, and South Beach also identified as nearby destinations.
The property is part of a four-building gated complex at 6030 102nd Avenue in Doral, Florida. CollectionSuites ownership includes access to a VIP Concierge Network, catering and event services, vehicle detailing, gas delivery, and dedicated transfer services. A private owners-only clubhouse is being introduced through the CollectionSuites 2.0 expansion.
The suite is located 10 minutes from Miami International Airport and 20 minutes from Downtown Miami, with Coral Gables, Brickell, Coconut Grove, and South Beach also identified as nearby destinations.
Key Highlights
- 2,449 SF end‑unit flex suite in Suite 205
- 24‑foot ceilings with existing mezzanine and room for vehicle lifts
- Wet bar, full bathroom, closet, and gallery‑style interior
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$53,868
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.17%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,077,360
$1.1M
Cap Rate 7%
$769,543
$769.5K
Cap Rate 9%
$598,533
$598.5K
Market Conditions
NOI Build-Up for 2,449 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$88.2K $36.00/SF
− Vacancy
−$5.3K −$2.16/SF
EGI
$82.9K $33.84/SF
− OpEx
−$29.0K −$11.84/SF
NOI
$53.9K $22.00/SF
Area
ZIP 33178
Vacancy
6.00%
Lease Rate
$36.00 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,077,360
Cap Rate 7%
$769,543
Cap Rate 9%
$598,533
Alternative Uses
Best Use
Flex RnD
$769.5K
$673.4K – $897.8K
NOI $53,868 @ 7.0% cap · market cap 3.17%
Second Best
Retail
$566.5K
$495.7K – $661.0K
NOI $39,658 @ 7.0% cap · market cap 2.33%
Theoretical Best
Office A
$1.24M
$1.09M – $1.45M
NOI $86,974 @ 7.0% cap · market cap 5.12%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
24 ft
Clear height
Location Intelligence
Trade Area within ½ mile
6
Businesses Nearby
Explore this area
Business Placement
Demographics for 33178, FL
65,487
Population
21,931
Households
3
Avg Household Size
37
Median Age
55%
College-Educated
86%
High-School Grad
61.1 sq mi
ZIP Area
1,072
Density / Sq Mi
$91,338
Median Household Income
$41,710
Median Earnings
$2,609
Median Rent
$499,300
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Similar Off Market Nearby
- La Cocina de Cesar — 6141 NW 115th Pl APT 358, Doral, FL 33178
Frequently Asked Questions
What type of property is this?
Flex space - Private showroom-style suite with a wet bar, full bathroom, elevated storage area, and automated building systems.
Where is this flex space located?
The property is located at 6030 102nd Avenue Doral, FL.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: 2,449 SF end‑unit flex suite in Suite 205; 24‑foot ceilings with existing mezzanine and room for vehicle lifts; Wet bar, full bathroom, closet, and gallery‑style interior
