Warehouse Office Flex
7311 NW 12th Street #20 Miami, FL 33126
7311 NW 12th Street #20, Miami, FL, 33126
$695,000
For Sale
$695,000
Flex warehouse-office with two ceiling heights, an electric roll-up door, and two-floor office buildout.
Property Size2,226 SF
Price / SF$312.22
Days on Market44
Property Features for 7311 NW 12th Street #20
General Information
- Standard status
- Active
- Size
- 2,226 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1980
Listing agency
HOMELUX INTERNATIONAL REALTY, INC.
Listed by
CARLOS JEFFREY SUAREZ · License #A11939754
Source
Corcoran
Added: Jun 9 Updated: Jul 20 at 7:56PM Checked: Jul 21 at 4:52AM
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 HOMELUX INTERNATIONAL REALTY, INC.
Investment Insights
Based on property information with market context.
This ±2,226 square foot warehouse/office flex space offers a versatile layout with modern upgrades. The warehouse features 9’ and 21’ ceiling heights and includes an electric roll-up bay door measuring 10’ x 12’. The office component totals ±1,700 square feet across two floors, with the first floor offering a reception area, two offices, a kitchenette, and a bathroom. The second floor includes an additional office, an open workspace, and a full bathroom.
Located in Doral, the property is described as being beside Miami International Airport and within the Doral Flex II Condominium. The location provides connectivity to major highways, including the Palmetto Expressway, Dolphin Expressway, and Florida’s Turnpike.
The improvement set supports combined distribution and administrative functions, with clear separation between warehouse space and a dedicated two-floor office area.
Located in Doral, the property is described as being beside Miami International Airport and within the Doral Flex II Condominium. The location provides connectivity to major highways, including the Palmetto Expressway, Dolphin Expressway, and Florida’s Turnpike.
The improvement set supports combined distribution and administrative functions, with clear separation between warehouse space and a dedicated two-floor office area.
Key Highlights
- 2,226 SF warehouse/office space in Doral Flex II Condominium (built in 1980)
- Warehouse features two ceiling heights: 9' and 21'
- Warehouse includes an electric roll‑up bay door (10' x 12')
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $100.2k | $45.00 |
| − Vacancy | −$15.0k | −$6.75 |
| EGI | $85.1k | $38.25 |
| − OpEx | −$21.3k | −$9.56 |
| NOI | $63.9k | $28.69 |
2,226 SF · lease $45.00/SF/yr · vacancy 15.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$912.3K
$798.2K – $1.06M
NOI $63,858 @ 7.0% cap · market cap 9.19%
Second Best
Warehouse
$518.8K
$453.9K – $605.2K
NOI $36,314 @ 7.0% cap · market cap 5.23%
Theoretical Best
Specialty Retail
$1.50M
$1.31M – $1.75M
NOI $105,180 @ 7.0% cap · market cap 15.13%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Windaplus
Freight Service
AquaDry Plus
Hardware & Home Improvement
Excellent Care Home ...
Home Health Care Service
Venmoneyusa LLC
Electronics & Wireless Store
Copier Service Repair
Computer & Electronic Repair
Similar For Sale Nearby
Similar Off Market Nearby
- Flying Food Group — 1650 NW 70th Ave, Miami, FL 33126
- Soul City Catering — 7284 NW 8th St, Miami, FL 33126
- 22 Gourmet Kitchen — 1150 NW 72nd Ave Suite 510, Miami, FL 33126
- The Hamoneria Venta de Jamones — 7320 NW 12th St suit 116, Miami, FL 33126
- Bubble Fresh — 7771 nw 7th st #208, miami, fl 33126
FAQs
What type of property is this?
Flex space - Flex warehouse-office with two ceiling heights, an electric roll-up door, and two-floor office buildout.
Where is this flex space located?
The property is located at 7311 NW 12th Street #20 Miami, FL.
What is the asking price?
The asking price for this property is $695,000.
What are key features of this property?
This property features: 2,226 SF warehouse/office space in Doral Flex II Condominium (built in 1980); Warehouse features two ceiling heights: 9' and 21'; Warehouse includes an electric roll‑up bay door (10' x 12')
