End-Unit Flex Suite with
For Sale
$1,700,000
6030 Northwest 102nd Avenue Unit 205, Doral, FL 33178
Gallery-style ownership suite with smart controls, wet bar, full bathroom, and 24-foot ceilings.
Property Size2,449 SF
Price / SF$694.16
Days on Market166
Property Features for 6030 Northwest 102nd Avenue Unit 205
General Information
Standard status
Active
Size
2,449 SF
Property subtype
Commercial Sale / Mixed Use
Site & Location
End Cap
Yes
Fenced Yard
Yes
Warehouse & Industrial
Clear Height
24 ft
Drive-In Doors
1
Amenities
kitchen wet bar
full bathroom
closet
smart app control
in-suite security cameras
VIP Concierge Network
private clubhouse
catering
event access
vehicle detailing
gas delivery
dedicated transfer services
Flex, Office, Warehouse
No
Building Details
Year Built
2018
Listing Agency:
Compass
(305) 632-7195
Listed By:
Jesse Spencer · License #3282789
(305) 632-7195
Source:
Compass
Added: Mar 18
Changed: Aug 29
Last Checked: Aug 29 at 1:19PM
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
Investment Insights
Based on property information with market context.
Suite 205 is a 2,449 SF end-unit flex property completed in 2018, configured as a private showroom and collector suite. The interior includes a kitchen wet bar, full bathroom, closet, mezzanine, and 24-foot ceilings that can accommodate car lifts or mezzanine expansion. Automated controls operate the garage door, lighting, climate, sound, and in-suite security cameras through a smart app.
The property is located at 6030 Northwest 102nd Avenue, Unit 205, in Doral, Florida. The four-building complex is fully gated, and ownership includes access to the VIP Concierge Network, catering, event access, vehicle detailing, gas delivery, dedicated transfer services, and an owners-only private clubhouse expansion known as The Paddock. Miami International Airport is 10 minutes away, while Downtown Miami is 20 minutes away.
The property is located at 6030 Northwest 102nd Avenue, Unit 205, in Doral, Florida. The four-building complex is fully gated, and ownership includes access to the VIP Concierge Network, catering, event access, vehicle detailing, gas delivery, dedicated transfer services, and an owners-only private clubhouse expansion known as The Paddock. Miami International Airport is 10 minutes away, while Downtown Miami is 20 minutes away.
Key Highlights
- 2,449 SF end‑unit flex suite in a 38‑opportunity ownership community
- 24‑foot ceilings with room for car lifts or mezzanine expansion
- Wet bar, full bathroom, closet, and existing mezzanine
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
1
Drive-in doors
Yes
Fenced yard
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 - Gallery-style ownership suite with smart controls, wet bar, full bathroom, and 24-foot ceilings.
Where is this flex space located?
The property is located at 6030 Northwest 102nd Avenue Unit 205 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 a 38‑opportunity ownership community; 24‑foot ceilings with room for car lifts or mezzanine expansion; Wet bar, full bathroom, closet, and existing mezzanine
