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Office Warehouse Near Airport
For Sale
$1,350,000

660 Miller Dr, Miami Springs, FL 33166

2,849 SF office warehouse with ample parking.

Property Size2,849 SF
Lot Size0.22 Acres
Price / SF$473.85
Days on Market344

Property Features for 660 Miller Dr

General Information

Standard status Active
Size 2,849 SF
Lot size 0.22 Acres
Property subtype Industrial

Taxes and HOA fees

Annual Taxes $14,535

Building Details

Building Size 2,849 SF
Year Built 1950
Listing Agency: The Keyes Company
Listed By: Sonia Diaz · License #3245875
Source: Vanessafrankmiami
Added: Oct 30, 2025 Changed: Sep 29 Last Checked: Oct 7 at 3:40PM

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 The Keyes Company

Investment Insights

Based on property information with market context.

This 2,849 adjusted square foot office warehouse is situated on a 9,450 square foot lot. The structure includes 1,750 square feet of warehouse area and 1,100 square feet of office area. The property features three offices, three bathrooms, and a kitchen area. It is ADA compliant and equipped with full CCTV and access control. Ample front and rear parking is available. The warehouse has street and rear loading access. The property is located across from the airport and close to the SR 112 ramp, providing convenient access.

Key Highlights

  • 2,849 SF Office Warehouse featuring 1,750 SF Warehouse and 1,100 SF Office.
  • Ample front and rear parking available.
  • Great location across from the airport and close to SR 112 ramp.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$62,667
Cap Rate
4.64%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,253,340 $1.3M
Cap Rate 7%
$895,243 $895.2K
Cap Rate 9%
$696,300 $696.3K
Market Conditions
NOI Build-Up for 2,849 SF
Gross rent
$102.6K $36.00/SF
− Vacancy
−$6.2K −$2.16/SF
EGI
$96.4K $33.84/SF
− OpEx
−$33.7K −$11.84/SF
NOI
$62.7K $22.00/SF
Area
Miami-Dade County, FL
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 Rate 5%
$1,253,340
Cap Rate 7%
$895,243
Cap Rate 9%
$696,300

Alternative Uses

Best Use
Flex RnD
$895.2K
$783.3K – $1.04M (±1% cap)
NOI $62,667 @ 7.0% cap · market cap 4.64%
Second Best
Warehouse
$533.5K
$466.9K – $622.5K (±1% cap)
NOI $37,348 @ 7.0% cap · market cap 2.77%
Theoretical Best
Office A
$1.45M
$1.26M – $1.69M (±1% cap)
NOI $101,179 @ 7.0% cap · market cap 7.49%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Daycare Center HVAC Service Butcher Tattoo & Piercing Shop Locksmith

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

867
Businesses Nearby
Balanced
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

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
Rey
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Frequently Asked Questions

What type of property is this?
Flex space - 2,849 SF office warehouse with ample parking.
Where is this flex space located?
The property is located at 660 Miller Dr Miami Springs, FL.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: 2,849 SF Office Warehouse featuring 1,750 SF Warehouse and 1,100 SF Office.; Ample front and rear parking available.; Great location across from the airport and close to SR 112 ramp.
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