Flex Space with Warehouse
For Sale
$1,500,000
7025 7th Avenue, Miami, FL 33150
Adaptable commercial space combines private offices, warehouse capacity, coworking potential, and a full kitchen.
Property Size4,000 SF
Price / SF$375
Days on Market82
Property Features for 7025 7th Avenue
General Information
Standard status
Active
Size
4,000 SF
Total Parking Spaces
5
Property subtype
Mixed Use
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$7,268
Amenities
full kitchen
3
7000
4 Parking Spaces.
Building Details
Year Built
1947
Listing Agency:
Compass Florida, LLC
(786) 556-3463
Listed By:
Gerardo Gonzalez · License #3337841
(786) 556-3463
Source:
Xome
Added: Jun 7
Changed: Aug 23
Last Checked: Aug 26 at 6:02AM
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 Compass Florida, LLC
Investment Insights
Based on property information with market context.
This 4,000-square-foot flex property, built in 1947, combines three private offices with a substantial warehouse area. The interior includes two-level racking, an open layout suited to coworking or production, and a full kitchen. Three sound-treated studios with computers and audio systems are also available as part of the offering. The property was previously used as a light mechanic shop and may accommodate manufacturing, storage, distribution, or office functions.
Located at 7025 7th Avenue in Miami, the property is minutes from Downtown with convenient access to I-95. Four parking spaces are identified on site. Lease availability is also noted.
Located at 7025 7th Avenue in Miami, the property is minutes from Downtown with convenient access to I-95. Four parking spaces are identified on site. Lease availability is also noted.
Key Highlights
- 4,000‑square‑foot flex property on 7th Avenue in Miami
- Three private offices plus a large warehouse section
- Two‑level warehouse racking and open production area
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$114,750
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.65%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,295,000
$2.3M
Cap Rate 7%
$1,639,286
$1.6M
Cap Rate 9%
$1,275,000
$1.3M
Market Conditions
NOI Build-Up for 4,000 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$180.0K $45.00/SF
− Vacancy
−$27.0K −$6.75/SF
EGI
$153.0K $38.25/SF
− OpEx
−$38.3K −$9.56/SF
NOI
$114.8K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,295,000
Cap Rate 7%
$1,639,286
Cap Rate 9%
$1,275,000
Alternative Uses
Best Use
Office B
$1.64M
$1.43M – $1.91M
NOI $114,750 @ 7.0% cap · market cap 7.65%
Second Best
Warehouse
$932.2K
$815.7K – $1.09M
NOI $65,254 @ 7.0% cap · market cap 4.35%
Theoretical Best
Specialty Retail
$2.70M
$2.36M – $3.15M
NOI $189,002 @ 7.0% cap · market cap 12.60%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
3,493
Businesses Nearby
Balanced
Demand for This Use
Explore this area
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
Market
Vacancy Rate% for Office in Miami, FL
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Adaptable commercial space combines private offices, warehouse capacity, coworking potential, and a full kitchen.
Where is this flex space located?
The property is located at 7025 7th Avenue Miami, FL.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 4,000‑square‑foot flex property on 7th Avenue in Miami; Three private offices plus a large warehouse section; Two‑level warehouse racking and open production area
