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.
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Property Analytics
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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
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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
