Office
For Sale
Contact for pricing
7400 NW 7th St # 201, Miami, FL 33126
The office is positioned near expressways, the airport, and shopping centers.
Property Size2,322 SF
Price / SF$0.52
Days on Market176
Property Features for 7400 NW 7th St # 201
General Information
Standard status
Active
Size
2,322 SF
Property subtype
Industrial
Site & Location
Neighborhood
Flagami
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$81,968
Building Details
Building Size
2,322 SF
Year Built
1994
Listing Agency:
New Miami Realty
Listed By:
Gabriel Serrano · License #3023304
(305) 495-4708
Source:
Emporiore
Added: May 5
Changed: Oct 27
Last Checked: Oct 27 at 4:12AM
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 New Miami Realty
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Investment Insights
Based on property information with market context.
This 2,322-square-foot office unit at 7400 NW 7th St #201 in Miami was built in 1994. Its stated nearby destinations include expressways, the airport, and shopping malls.
Key Highlights
- 2,322‑square‑foot office unit
- Built in 1994
- Near expressways, the airport, and shopping malls
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$66,612
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,332,240
$1.3M
Cap Rate 7%
$951,600
$951.6K
Cap Rate 9%
$740,133
$740.1K
Market Conditions
NOI Build-Up for 2,322 SF
Gross rent
$104.5K $45.00/SF
− Vacancy
−$15.7K −$6.75/SF
EGI
$88.8K $38.25/SF
− OpEx
−$22.2K −$9.56/SF
NOI
$66.6K $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%
$1,332,240
Cap Rate 7%
$951,600
Cap Rate 9%
$740,133
Alternative Uses
Best Use
Office B
$951.6K
$832.7K – $1.11M
NOI $66,612 @ 7.0% cap · market cap 5,551.00%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.57M
$1.37M – $1.83M
NOI $109,716 @ 7.0% cap · market cap 9,143.00%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,840
Businesses Nearby
Explore this area
Business Placement
Demographics for 33126, FL
48,751
Population
19,725
Households
2.5
Avg Household Size
44
Median Age
28%
College-Educated
77%
High-School Grad
5.4 sq mi
ZIP Area
9,028
Density / Sq Mi
$55,722
Median Household Income
$32,607
Median Earnings
$1,651
Median Rent
$299,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Miami, FL
Frequently Asked Questions
What type of property is this?
Office unit - The office is positioned near expressways, the airport, and shopping centers.
Where is this office unit located?
The property is located at 7400 NW 7th St # 201 Miami, FL.
What are key features of this property?
This property features: 2,322‑square‑foot office unit; Built in 1994; Near expressways, the airport, and shopping malls
