Renovated Office
New
For Sale
Contact for pricing
7430 SW 48th St # B, Miami, FL 33155
The second-floor suite is positioned near shopping, restaurants, and other businesses in Miami.
Property Size2,300 SF
Price / SF$0.78
Days on Market3
Property Features for 7430 SW 48th St # B
General Information
Standard status
Active
Size
2,300 SF
Property subtype
Office
Additional Details
Floor
Second Floor
Building Details
Building Size
2,300 SF
Year Built
1987
Listing Agency:
The Source Real Estate
Listed By:
George Collazo Jr · License #3453952
(305) 462-7820
Source:
Batrare
Added: Oct 19
Changed: Oct 21
Last Checked: Oct 21 at 2:04AM
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 unit occupies the second floor of a building constructed in 1987. The property is at 7430 SW 48th St in Miami, near shopping centers, restaurants, and other businesses. It is also just off the Bird Road exit, providing access to major roadways.
Key Highlights
- Renovated second‑floor office unit
- Built in 1987
- 7430 SW 48th St, Miami, FL 33155
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$65,981
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,319,620
$1.3M
Cap Rate 7%
$942,586
$942.6K
Cap Rate 9%
$733,122
$733.1K
Market Conditions
NOI Build-Up for 2,300 SF
Gross rent
$103.5K $45.00/SF
− Vacancy
−$15.5K −$6.75/SF
EGI
$88.0K $38.25/SF
− OpEx
−$22.0K −$9.56/SF
NOI
$66.0K $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%
$1,319,620
Cap Rate 7%
$942,586
Cap Rate 9%
$733,122
Alternative Uses
Best Use
Office B
$942.6K
$824.8K – $1.10M
NOI $65,981 @ 7.0% cap · market cap 3,665.61%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.55M
$1.36M – $1.81M
NOI $108,676 @ 7.0% cap · market cap 6,037.56%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
2,719
Businesses Nearby
Explore this area
Business Placement
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
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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 second-floor suite is positioned near shopping, restaurants, and other businesses in Miami.
Where is this office unit located?
The property is located at 7430 SW 48th St # B Miami, FL.
What are key features of this property?
This property features: Renovated second‑floor office unit; Built in 1987; 7430 SW 48th St, Miami, FL 33155
