Flex Space with Fenced
7220 NW 1st Ct, Miami, FL 33150
For Sale
New
Contact for pricing
Private offices and multiple bay doors support a range of commercial operations.
Property Size8,235 SF
Price / SF$0.00
Days on Market3
Property Features for 7220 NW 1st Ct
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Fenced Yard
Outdoor Storage
Additional Details
Property Use
Amenities
0.25712 acres
Parcel Number: 01-31-12-067-0180, Public Survey Range: 31, Public Survey Section: 12, Public Survey Township: 31, Annual Amount: $12,861, Legal Description: HILLSDALE SUB PB 7-47 LOTS 3 & 4 BLK 2 LOT SIZE 11200 SQUARE FEET OR 20489-2330 0602 1, Zoning: 7000
Central Individual A/C
Listing ID: A12121452, Standard Status: Active, MLS Status: Active, Property Subtype: Flex Space, On market as of 2026-11-10, Special Conditions: Lease
Built in 1954, Living area: 8235, Living area units: Square Feet
County/Parish: Miami-Dade County
Leasable area: 8276, Leasable area units: Square Feet
Water Source: Public
Funding
Building Details
Year Built
Listing Agency:
Sterling One Realty, Inc.
(305) 285-2322
Listed By:
Ashley Alvarez · License FL #3307694
(786) 877-7548
Source:
Riserealty
Added: Nov 10
Changed: Nov 12
Last Checked: Nov 12 at 2:21PM
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 Sterling One Realty, Inc.
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Investment Insights
Based on property information with market context.
This Miami flex property combines an adaptable interior with small private offices and three bay doors. A fenced outdoor area of approximately 2,000 square feet adds space for storage or other uses.
The property is located at 7220 NW 1st Ct in Miami, Florida. Year built: 1954.
The property is located at 7220 NW 1st Ct in Miami, Florida. Year built: 1954.
Key Highlights
- Approximately 2,000 square feet of fenced yard
- Three bay doors
- Small private offices
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$110,634
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,212,680
$2.2M
Cap Rate 7%
$1,580,486
$1.6M
Cap Rate 9%
$1,229,267
$1.2M
Market Conditions
NOI Build-Up for 8,235 SF
Gross rent
$166.0K $20.16/SF
− Vacancy
−$8.0K −$0.97/SF
EGI
$158.0K $19.19/SF
− OpEx
−$47.4K −$5.76/SF
NOI
$110.6K $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%
$2,212,680
Cap Rate 7%
$1,580,486
Cap Rate 9%
$1,229,267
Alternative Uses
Best Use
Warehouse
$1.92M
$1.68M – $2.24M
NOI $134,341 @ 7.0% cap
Second Best
Flex RnD
$1.73M
$1.51M – $2.01M
NOI $120,758 @ 7.0% cap
Theoretical Best
Specialty Retail
$5.56M
$4.86M – $6.49M
NOI $389,107 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
2,036
Businesses Nearby
Well-served
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
$377,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Flex space in Miami, FL
Properties on Market for Flex space in Miami
Vacancy Rate% for Industrial in Miami, FL
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Frequently Asked Questions
What type of property is this?
Flex space - Private offices and multiple bay doors support a range of commercial operations.
Where is this flex space located?
The property is located at 7220 NW 1st Ct Miami, FL.
What are key features of this property?
This property features: Approximately 2,000 square feet of fenced yard; Three bay doors; Small private offices
