Flex Space with Office
For Sale
$475,000
6187 NW 167th Street, Miami Lakes, FL
Commercial Sale, Miami Lakes, FL
Property Size1,328 SF
Price / SF$357.68
Days on Market57
Property Features for 6187 NW 167th Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
7700
Parking
3
Parking features
Assigned, Guest
Directions
gps
Subdivision
2200
Standard status
Active
APN
3020130230630
Size
1,328 SF
Taxes and HOA fees
Tax Year
2025
Tax Description
COMMERCIAL CENTER MIAMI CONDO #4 UNIT H23 UNDIV 1/80 INT IN COMMON ELEMENTS OFF REC 13131-5844 OR 18384-876 1298 1
Tax Annual Amount
3743
Legal Description
COMMERCIAL CENTER MIAMI CONDO #4 UNIT H23 UNDIV 1/80 INT IN COMMON ELEMENTS OFF REC 13131-5844 OR 18384-876 1298 1
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
1987
Floors in Building
2
Number of units
1
Flooring type
Wood, Tile
Building materials
CBS
Listing Agency:
The Keyes Company
(954) 389-3459
Listed By:
Tini Hui PA · License #0425403
(305) 904-3761
Added: Aug 11
Changed: Oct 1
Last Checked: Oct 6 at 1:06PM
MLS# B26062722
Copyright © 2026 BeachesMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Unit H23 is a 1,328-square-foot commercial industrial condo with a combined office and warehouse-oriented layout. The ground floor includes a reception area, two private offices, a bathroom, kitchen, and open work area. Two more offices and an additional open office section are located upstairs, creating room for desks, collaboration, or storage. Tile and wood flooring, central heating, and central air are installed, and the building was constructed in 1987.
The unit is being sold as-is, where-is. Existing violations will be assumed by the buyer, and no representation is made regarding the current condition. A garage loading door may be converted back, subject to applicable requirements. Assigned and guest parking are available. Public water and public sewer serve the property, while the maintenance fee includes roof and water service. Existing office furniture may also be purchased.
The unit is being sold as-is, where-is. Existing violations will be assumed by the buyer, and no representation is made regarding the current condition. A garage loading door may be converted back, subject to applicable requirements. Assigned and guest parking are available. Public water and public sewer serve the property, while the maintenance fee includes roof and water service. Existing office furniture may also be purchased.
Key Highlights
- 1,328 SF commercial industrial condo with office and warehouse functionality
- Ground floor includes reception, 2 private offices, kitchen, bathroom, and open work area
- Upper level adds 2 offices and an open office section
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$35,199
Cap Rate
7.41%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$703,980
$704.0K
Cap Rate 7%
$502,843
$502.8K
Cap Rate 9%
$391,100
$391.1K
Market Conditions
NOI Build-Up for 1,328 SF
Gross rent
$60.6K $45.60/SF
− Vacancy
−$13.6K −$10.26/SF
EGI
$46.9K $35.34/SF
− OpEx
−$11.7K −$8.84/SF
NOI
$35.2K $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%
$703,980
Cap Rate 7%
$502,843
Cap Rate 9%
$391,100
Alternative Uses
Best Use
Office B
$502.8K
$440.0K – $586.7K
NOI $35,199 @ 7.0% cap · market cap 7.41%
Second Best
Flex RnD
$417.3K
$365.1K – $486.9K
NOI $29,211 @ 7.0% cap · market cap 6.15%
Theoretical Best
Office A
$673.8K
$589.5K – $786.1K
NOI $47,163 @ 7.0% cap · market cap 9.93%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,642
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
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Similar Off Market Nearby
- BQM Bolitas de Queso Miami — 16348 Wood Walk, Miami Lakes, FL 33014
- Melians Enterprises — 6157 NW 167th St STE F27, Hialeah, FL 33015
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- Mary & Mo Catering — 6643 NW 174th Ln, Hialeah, FL 33015
- Crazy 4 Meat — 6970 NW 177th St, Hialeah, FL 33015
Frequently Asked Questions
What type of property is this?
Flex space - Office and warehouse components support administrative functions, storage, and light industrial operations within one commercial unit.
Where is this flex space located?
The property is located at 6187 NW 167th Street Miami Lakes, FL.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: 1,328 SF commercial industrial condo with office and warehouse functionality; Ground floor includes reception, 2 private offices, kitchen, bathroom, and open work area; Upper level adds 2 offices and an open office section
