Dock-High Loading
7038 NW 50th St #5-2, Miami, FL 33166
For Sale
Contact for pricing
Move-in-ready office/warehouse with private offices, kitchen, and dock-high door, minutes from MIA Cargo Airport.
Property Size3,352 SF
Price / SF$1.78
Days on Market151
Property Features for 7038 NW 50th St #5-2
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Zoning
Warehouse & Industrial
Clear Height
Dock-High Doors
Additional Details
Highway Access
Amenities
Industrial Park, Near Airport
Public Sanitation
Parcel Number: 30-30-23-032-0130, Public Survey Range: 30, Public Survey Section: 23, Public Survey Township: 30, Legal Description: MILAM AIRPORT PARK CONDO IV UNIT 5 BLDG 2 UNDIV 7.1768% INT IN COMMON ELEMENTS OFF REC 13553-2447 OR 18252-3190 0898 1, Zoning: 7300
Concrete, Tile
Listing ID: A12036001, Standard Status: Active, MLS Status: Active, Property Subtype: Industrial, On market as of 2026-06-15, 56 days on market, Special Conditions: Lease
Common, Loading Spaces
Built in 1988, Living area: 3532, Living area units: Square Feet, 2 stories, Construction Materials: CBS Construction
County/Parish: Miami-Dade County
Leasable area: 3532, Leasable area units: Square Feet
Funding
A/C & Heating Maintenance, Electricity, Telephone, Sales Tax, Water
Building Details
Year Built
Listing Agency:
BHHS EWM Realty
(305) 960-2400
Listed By:
Carlos Olivares · License FL #3051724
(305) 894-6637
Source:
Riserealty
Added: Jun 15
Changed: Nov 10
Last Checked: Nov 12 at 7:18AM
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 BHHS EWM Realty
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Investment Insights
Based on property information with market context.
This turn-key office/warehouse is set up for day-to-day operations with five private offices, two bathrooms, and a kitchen area. The office space has air conditioning, and the warehouse offers 22-foot clear ceiling height. Loading is supported by a dock-high loading door, and the unit includes four assigned parking spaces, making it straightforward for staff and customer visits.
Located in Milam Airport Park and minutes from MIA Cargo Airport, the property benefits from practical regional access. It offers easy access to Palmetto Expressway (826), Dolphin (836), and Florida Turnpike, supporting convenient inbound and outbound logistics for business activity in the area.
Zoned 7300 Heavy Manufacturing, the space is well suited for an owner-operator or business that needs both functional office buildout and warehouse operations under one roof. Condo association approval is required, so prospective tenants and buyers should plan for the review process as part of their move-in timeline.
Located in Milam Airport Park and minutes from MIA Cargo Airport, the property benefits from practical regional access. It offers easy access to Palmetto Expressway (826), Dolphin (836), and Florida Turnpike, supporting convenient inbound and outbound logistics for business activity in the area.
Zoned 7300 Heavy Manufacturing, the space is well suited for an owner-operator or business that needs both functional office buildout and warehouse operations under one roof. Condo association approval is required, so prospective tenants and buyers should plan for the review process as part of their move-in timeline.
Key Highlights
- 3,352 SF office/warehouse for lease at Milam Airport Park with AC in the office and a dock‑high loading door
- Includes 5 private offices, 2 bathrooms, and a kitchen area
- 22' clear ceiling and dock‑high loading door for practical warehouse use
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$45,033
Suggested Prices Based on Cap Rates
Cap Rate 5%
$900,660
$900.7K
Cap Rate 7%
$643,329
$643.3K
Cap Rate 9%
$500,367
$500.4K
Market Conditions
NOI Build-Up for 3,352 SF
Gross rent
$67.6K $20.16/SF
− Vacancy
−$3.2K −$0.97/SF
EGI
$64.3K $19.19/SF
− OpEx
−$19.3K −$5.76/SF
NOI
$45.0K $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%
$900,660
Cap Rate 7%
$643,329
Cap Rate 9%
$500,367
Alternative Uses
Best Use
Office B
$1.37M
$1.20M – $1.60M
NOI $96,161 @ 7.0% cap
Second Best
Warehouse
$781.2K
$683.5K – $911.4K
NOI $54,683 @ 7.0% cap
Theoretical Best
Specialty Retail
$2.26M
$1.98M – $2.64M
NOI $158,384 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
22 ft
Clear height
1
Dock-high doors
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,916
Businesses Nearby
Well-served
Demand for This Use
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Business Placement
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
$489,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Flex space in Miami, FL
Properties on Market for Flex space in Miami
Vacancy Rate% for Office in Miami, FL
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Frequently Asked Questions
What type of property is this?
Flex space - Move-in-ready office/warehouse with private offices, kitchen, and dock-high door, minutes from MIA Cargo Airport.
Where is this flex space located?
The property is located at 7038 NW 50th St #5-2 Miami, FL.
What are key features of this property?
This property features: 3,352 SF office/warehouse for lease at Milam Airport Park with AC in the office and a dock‑high loading door; Includes 5 private offices, 2 bathrooms, and a kitchen area; 22' clear ceiling and dock‑high loading door for practical warehouse use
