Warehouse with Office &
For Sale
$3,532,650
6700 NE 2nd Ct 4, Miami, FL 33138
Brand-new warehouse with 30-foot ceilings, three street-level overhead doors, and upstairs office with impact windows.
Property Size6,225 SF
Price / SF$567.49
Days on Market95
Property Features for 6700 NE 2nd Ct 4
General Information
Standard status
Active
Size
6,225 SF
Warehouse & Industrial
Clear Height
30 ft
Drive-In Doors
3
Amenities
private offices
open space
kitchenette
bathroom
impact windows
full AC
shower
handicapped elevator
mezzanine
Building Details
Year Built
2023
Tenancy
Multi
Listing Agency:
Metro 1
Listed By:
Irene Dakota PA · License #3062153
(305) 972-8860
Source:
Mymiahomes
Added: Jul 20
Changed: Oct 15
Last Checked: Oct 20 at 10:39PM
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 Metro 1
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Investment Insights
Based on property information with market context.
Brand-new 6,220-square-foot warehouse built to balance flexible production and client-facing functionality. The upstairs office area includes two private offices, a large open area, kitchenette, and a bathroom, all set within impact windows. The warehouse features 30-foot ceilings, full AC, and three large street-level overhead doors for loading and access. A mezzanine provides additional space, with a bathroom and shower located on the ground floor. A handicapped elevator supports accessibility, and the condominium campus consists of four units.
The property is located at 6700 NE 2nd Ct 4 in Miami, Florida and operates within a small multi-unit warehouse setting.
The property is located at 6700 NE 2nd Ct 4 in Miami, Florida and operates within a small multi-unit warehouse setting.
Key Highlights
- Brand‑new 6,220 SF warehouse built in 2023
- 30‑ft ceilings plus full AC throughout the warehouse
- Three street‑level overhead doors for convenient vehicle or freight access
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$178,580
Cap Rate
5.06%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,571,600
$3.6M
Cap Rate 7%
$2,551,143
$2.6M
Cap Rate 9%
$1,984,222
$2.0M
Market Conditions
NOI Build-Up for 6,225 SF
Gross rent
$280.1K $45.00/SF
− Vacancy
−$42.0K −$6.75/SF
EGI
$238.1K $38.25/SF
− OpEx
−$59.5K −$9.56/SF
NOI
$178.6K $28.69/SF
Area
Miami, FL
Vacancy
15.00%
Lease Rate
$45.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,571,600
Cap Rate 7%
$2,551,143
Cap Rate 9%
$1,984,222
Alternative Uses
Best Use
Office B
$2.55M
$2.23M – $2.98M
NOI $178,580 @ 7.0% cap · market cap 5.06%
Second Best
Warehouse
$1.45M
$1.27M – $1.69M
NOI $101,551 @ 7.0% cap · market cap 2.87%
Theoretical Best
Specialty Retail
$4.20M
$3.68M – $4.90M
NOI $294,134 @ 7.0% cap · market cap 8.33%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
30 ft
Clear height
3
Drive-in doors
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
2,137
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 33138, FL
27,601
Population
14,310
Households
1.9
Avg Household Size
43
Median Age
47%
College-Educated
87%
High-School Grad
4.2 sq mi
ZIP Area
6,572
Density / Sq Mi
$71,518
Median Household Income
$52,853
Median Earnings
$1,647
Median Rent
$686,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Miami, FL
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Frequently Asked Questions
What type of property is this?
Flex space - Brand-new warehouse with 30-foot ceilings, three street-level overhead doors, and upstairs office with impact windows.
Where is this flex space located?
The property is located at 6700 NE 2nd Ct 4 Miami, FL.
What is the asking price?
The asking price for this property is $3,532,650.
What are key features of this property?
This property features: Brand‑new 6,220 SF warehouse built in 2023; 30‑ft ceilings plus full AC throughout the warehouse; Three street‑level overhead doors for convenient vehicle or freight access
