Industrial Flex
For Sale
$995,000
6815 NW 7th Avenue, Miami, FL 33150
Move-in ready flex/warehouse building with newer AC units, fresh paint, and a completed 40-year inspection.
Property Size3,120 SF
Price / SF$318.91
Days on Market376
Property Features for 6815 NW 7th Avenue
General Information
Standard status
Active
Size
3,120 SF
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$5,027
Building Details
Year Built
1940
Tenancy
Single
Listing Agency:
Charles Rutenberg Realty FTL
Listed By:
Greg A Harris · License #3175967
(954) 732-9020
Source:
Miamibrokersgroup
Added: Oct 12, 2025
Changed: Oct 21
Last Checked: Oct 21 at 7:04AM
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 Charles Rutenberg Realty FTL
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Investment Insights
Based on property information with market context.
This industrial flex building offers approximately 3,120 square feet and is presented with new paint. Updates include two newer AC units, supporting comfortable conditioned work space for a range of uses that fit within a flex/warehouse configuration. A 40-year inspection has been completed and is described as in good standing.
The property is located at 6815 NW 7th Ave in Miami, Florida. It is currently occupied by a tenant on a month-to-month arrangement, with rent noted at $3,000.
For buyers seeking an owner-operator setup, this building can serve as a place of business with dedicated space for light industrial or warehousing needs. For investors, the existing month-to-month tenancy provides current occupancy status while allowing for future repositioning based on business requirements or tenant demand. Prospective buyers should confirm all terms of occupancy, building details, and suitability for their intended use during due diligence.
The property is located at 6815 NW 7th Ave in Miami, Florida. It is currently occupied by a tenant on a month-to-month arrangement, with rent noted at $3,000.
For buyers seeking an owner-operator setup, this building can serve as a place of business with dedicated space for light industrial or warehousing needs. For investors, the existing month-to-month tenancy provides current occupancy status while allowing for future repositioning based on business requirements or tenant demand. Prospective buyers should confirm all terms of occupancy, building details, and suitability for their intended use during due diligence.
Key Highlights
- Approx. 3,120 sq ft flex/warehouse building with 40‑year inspection completed
- New paint and two newer AC units
- Currently occupied by a 10+ year tenant on month‑to‑month at $3,000
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$45,752
Cap Rate
4.60%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$915,040
$915.0K
Cap Rate 7%
$653,600
$653.6K
Cap Rate 9%
$508,356
$508.4K
Market Conditions
NOI Build-Up for 3,120 SF
Gross rent
$74.9K $24.00/SF
− Vacancy
−$4.5K −$1.44/SF
EGI
$70.4K $22.56/SF
− OpEx
−$24.6K −$7.90/SF
NOI
$45.8K $14.66/SF
Area
Miami, FL
Vacancy
6.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$915,040
Cap Rate 7%
$653,600
Cap Rate 9%
$508,356
Alternative Uses
Best Use
Flex RnD
$653.6K
$571.9K – $762.5K
NOI $45,752 @ 7.0% cap · market cap 4.60%
Second Best
Industrial
$598.8K
$524.0K – $698.6K
NOI $41,916 @ 7.0% cap · market cap 4.21%
Theoretical Best
Specialty Retail
$2.11M
$1.84M – $2.46M
NOI $147,421 @ 7.0% cap · market cap 14.82%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,466
Businesses Nearby
Balanced
Demand for This Use
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Business Placement
Demographics for 33150, FL
28,703
Population
12,403
Households
2.3
Avg Household Size
37
Median Age
14%
College-Educated
75%
High-School Grad
3.5 sq mi
ZIP Area
8,201
Density / Sq Mi
$40,802
Median Household Income
$32,359
Median Earnings
$1,179
Median Rent
$377,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Miami, FL
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Frequently Asked Questions
What type of property is this?
Flex space - Move-in ready flex/warehouse building with newer AC units, fresh paint, and a completed 40-year inspection.
Where is this flex space located?
The property is located at 6815 NW 7th Avenue Miami, FL.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: Approx. 3,120 sq ft flex/warehouse building with 40‑year inspection completed; New paint and two newer AC units; Currently occupied by a 10+ year tenant on month‑to‑month at $3,000
