Flexible Office
7154 SW 47th St 7154, Miami, FL 33155
For Sale
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Office space with a generous reception area and private accessible bathroom.
Property Size2,585 SF
Days on Market52
Property Features for 7154 SW 47th St 7154
General Information
Standard status
Size
Property subtype
Amenities
handicapped private bathroom
large reception area
Building Details
Building Size
Year Built
Listed By:
Fabiola Pinto
(305) 310-4758
Source:
Elliman
Added: Sep 19
Changed: Oct 17
Last Checked: Nov 8 at 6:46AM
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 Fabiola Pinto
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Investment Insights
Based on property information with market context.
This office unit was built in 1985 and offers a flexible interior arrangement suited to a range of professional office configurations. The layout includes a large reception area and a private bathroom designed for accessibility.
The property is located at 7154 SW 47th St in Miami, Florida. Walk Score is 64, described as Somewhat Walkable, while Bike Score is 50, described as Bikeable. Transit Score is 34, reflecting access to some transit service.
The property is located at 7154 SW 47th St in Miami, Florida. Walk Score is 64, described as Somewhat Walkable, while Bike Score is 50, described as Bikeable. Transit Score is 34, reflecting access to some transit service.
Key Highlights
- Flexible office configuration
- Large reception area
- Private accessible bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$74,157
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,483,140
$1.5M
Cap Rate 7%
$1,059,386
$1.1M
Cap Rate 9%
$823,967
$824.0K
Market Conditions
NOI Build-Up for 2,585 SF
Gross rent
$116.3K $45.00/SF
− Vacancy
−$17.4K −$6.75/SF
EGI
$98.9K $38.25/SF
− OpEx
−$24.7K −$9.56/SF
NOI
$74.2K $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%
$1,483,140
Cap Rate 7%
$1,059,386
Cap Rate 9%
$823,967
Alternative Uses
Best Use
Office B
$1.06M
$927.0K – $1.24M
NOI $74,157 @ 7.0% cap · market cap 2,751.65%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.74M
$1.53M – $2.04M
NOI $122,142 @ 7.0% cap · market cap 4,532.17%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
3,061
Businesses Nearby
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Business Placement
Demographics for 33155, FL
43,695
Population
16,046
Households
2.7
Avg Household Size
45
Median Age
37%
College-Educated
85%
High-School Grad
7.4 sq mi
ZIP Area
5,905
Density / Sq Mi
$79,271
Median Household Income
$41,919
Median Earnings
$1,871
Median Rent
$505,000
Median Home Value
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Market
Average Price Trend$/SF for Office Units in Miami, FL
Properties on Market for Office Units in Miami
Vacancy Rate% for Office in Miami, FL
Frequently Asked Questions
What type of property is this?
Office unit - Office space with a generous reception area and private accessible bathroom.
Where is this office unit located?
The property is located at 7154 SW 47th St 7154 Miami, FL.
What are key features of this property?
This property features: Flexible office configuration; Large reception area; Private accessible bathroom
