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Two-Level Office Units
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7430 SW 48th St, Miami, FL 33155

The office layout combines a reception area, private offices, and flexible workspace.

Property Size2,308 SF
Price / SF$2.17
Days on Market9

Property Features for 7430 SW 48th St

General Information

Standard status Active
Size 2,308 SF
Property subtype Office

Site & Location

Highway Access Yes
Road Access Yes

Building Details

Year Built 1987
Stories 2
Listing Agency: The Source Real Estate
Listed By: George Collazo Jr · License #3453952
Source: Batrare
Added: Oct 9 Changed: Oct 15 Last Checked: Oct 16 at 4:27PM

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 The Source Real Estate

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Investment Insights

Based on property information with market context.

This renovated office property provides approximately 2,308 square feet across two levels, with 1,808 square feet on the first floor and 500 square feet upstairs. Its configuration includes a reception area, private offices, and adaptable work areas. The property was built in 1987 and is currently used as a real estate office.

The location is just off the Bird Road exit, with businesses, shopping centers, and restaurants in the surrounding area.

Key Highlights

  • Approximately 2,308 square feet across two floors
  • First floor offers 1,808 square feet; upstairs area adds 500 square feet
  • Reception area, private offices, and flexible work areas

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$66,211
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,324,220 $1.3M
Cap Rate 7%
$945,871 $945.9K
Cap Rate 9%
$735,678 $735.7K
Market Conditions
NOI Build-Up for 2,308 SF
Gross rent
$103.9K $45.00/SF
− Vacancy
−$15.6K −$6.75/SF
EGI
$88.3K $38.25/SF
− OpEx
−$22.1K −$9.56/SF
NOI
$66.2K $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%
$1,324,220
Cap Rate 7%
$945,871
Cap Rate 9%
$735,678

Alternative Uses

Best Use
Office B
$945.9K
$827.6K – $1.10M (±1% cap)
NOI $66,211 @ 7.0% cap · market cap 1,324.22%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.56M
$1.36M – $1.82M (±1% cap)
NOI $109,054 @ 7.0% cap · market cap 2,181.08%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

3rd Party Services ... Medical Billing Service Brockhouse Associates Interior Design Edward Cox Interiors Interior Design Design-Build Professionals Engineer

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Barber Shop Tanning Salon Parking Lot & Garage Locksmith Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

2,719
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Miami, FL

12.4% 2019
16.3% 2020
17% 2021
16.1% 2022
15% 2023
16.1% 2024
15.2% 2025

Frequently Asked Questions

What type of property is this?
Office units - The office layout combines a reception area, private offices, and flexible workspace.
Where is this office units located?
The property is located at 7430 SW 48th St Miami, FL.
What are key features of this property?
This property features: Approximately 2,308 square feet across two floors; First floor offers 1,808 square feet; upstairs area adds 500 square feet; Reception area, private offices, and flexible work areas
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