Office-Warehouse Flex
For Sale
Contact for pricing
7023 SW 13th Ter, Miami, FL 33144
Combined office and warehouse areas accommodate a range of business uses with roadway access.
Property Size3,300 SF
Days on Market52
Property Features for 7023 SW 13th Ter
General Information
Standard status
Active
Size
3,300 SF
Property subtype
Industrial
Building Details
Building Size
3,300 SF
Year Built
1971
Listing Agency:
Coldwell Banker Realty
Listed By:
Raoul Lopez · License #3217797
(305) 788-5309
Source:
Luxeknows
Added: Sep 10
Changed: Oct 31
Last Checked: Oct 30 at 9:50PM
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 Coldwell Banker Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This flex property combines professional office areas with warehouse space, creating a dual-purpose commercial layout for businesses that need both administrative and operational functions. The building was constructed in 1971.
Located at 7023 SW 13th Ter in Miami, the property offers access to major roadways and is positioned within a centrally located commercial area.
Located at 7023 SW 13th Ter in Miami, the property offers access to major roadways and is positioned within a centrally located commercial area.
Key Highlights
- Office and warehouse components in one commercial property
- Built in 1971
- Access to major roadways
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$44,334
Suggested Prices Based on Cap Rates
Cap Rate 5%
$886,680
$886.7K
Cap Rate 7%
$633,343
$633.3K
Cap Rate 9%
$492,600
$492.6K
Market Conditions
NOI Build-Up for 3,300 SF
Gross rent
$66.5K $20.16/SF
− Vacancy
−$3.2K −$0.97/SF
EGI
$63.3K $19.19/SF
− OpEx
−$19.0K −$5.76/SF
NOI
$44.3K $13.43/SF
Area
Miami, FL
Vacancy
4.80%
Lease Rate
$20.16 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$886,680
Cap Rate 7%
$633,343
Cap Rate 9%
$492,600
Alternative Uses
Best Use
Warehouse
$769.1K
$672.9K – $897.2K
NOI $53,834 @ 7.0% cap · market cap 897.23%
Second Best
Flex RnD
$691.3K
$604.9K – $806.5K
NOI $48,391 @ 7.0% cap · market cap 806.52%
Theoretical Best
Specialty Retail
$2.23M
$1.95M – $2.60M
NOI $155,926 @ 7.0% cap · market cap 2,598.77%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,688
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 33144, FL
25,814
Population
9,665
Households
2.7
Avg Household Size
48
Median Age
28%
College-Educated
80%
High-School Grad
3.1 sq mi
ZIP Area
8,327
Density / Sq Mi
$59,207
Median Household Income
$35,051
Median Earnings
$1,730
Median Rent
$440,600
Median Home Value
Market
Vacancy Rate% for Industrial in Miami, FL
Similar Off Market Nearby
- Maya Catering LLC — 6411 SW 16th Terrace, Miami, FL 33155
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- Scandinavian BC Inc — 6801 SW 8th St #101, Miami, FL 33144
- Intimate Chef Events — 6760 SW 7th St, Miami, FL 33144
- Orlando's Paella — 6462 SW 8th St, West Miami, FL 33144
Frequently Asked Questions
What type of property is this?
Flex space - Combined office and warehouse areas accommodate a range of business uses with roadway access.
Where is this flex space located?
The property is located at 7023 SW 13th Ter Miami, FL.
What are key features of this property?
This property features: Office and warehouse components in one commercial property; Built in 1971; Access to major roadways
