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Ground-Level Office Suite
For Sale
$379,000

7791 NW 46th St 104, Doral, FL 33166

Flexible workspace with private rooms, an open work area, and access to shared building amenities.

Property Size965 SF
Price / SF$392.75
Days on Market60

Property Features for 7791 NW 46th St 104

General Information

Standard status Active
Size 965 SF

Additional Details

Floor 1

Amenities

Grand Entrance Lobby
Common Conference Room Area
Restaurant Cafe
Ample Parking

Building Details

Year Built 2001
Listing Agency: Cornerstone Intl. Realty, LLC
Listed By: Camilo Franco · License #3238665
Source: Mymiahomes
Added: Aug 9 Changed: Oct 2 Last Checked: Oct 5 at 7:52PM

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 Cornerstone Intl. Realty, LLC

Investment Insights

Based on property information with market context.

This 965-square-foot office suite occupies the ground level of a 2001 office building at 7791 NW 46th St, Suite 104, in Doral, Florida. The layout includes two private offices, an additional enclosed room, and an open area that can support a range of workspace arrangements. Fresh paint and vinyl flooring provide updated interior finishes.

Building amenities include a formal entry lobby, shared conference space, a restaurant cafe, and ample parking. The suite is located within Palmetto West Park lll and offers a combination of private rooms and adaptable open workspace for office users.

Key Highlights

  • 965‑square‑foot ground‑level office suite
  • Two private offices plus an additional enclosed room
  • Open work area supports flexible workspace arrangements

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$25,577
Cap Rate
6.75%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$511,540 $511.5K
Cap Rate 7%
$365,386 $365.4K
Cap Rate 9%
$284,189 $284.2K
Market Conditions
NOI Build-Up for 965 SF
Gross rent
$44.0K $45.60/SF
− Vacancy
−$9.9K −$10.26/SF
EGI
$34.1K $35.34/SF
− OpEx
−$8.5K −$8.84/SF
NOI
$25.6K $26.51/SF
Area
Miami-Dade County, FL
Vacancy
22.50%
Lease Rate
$45.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$511,540
Cap Rate 7%
$365,386
Cap Rate 9%
$284,189

Alternative Uses

Best Use
Office B
$365.4K
$319.7K – $426.3K (±1% cap)
NOI $25,577 @ 7.0% cap · market cap 6.75%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$489.6K
$428.4K – $571.2K (±1% cap)
NOI $34,271 @ 7.0% cap · market cap 9.04%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Office Units

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Tanning Salon Pet Grooming Service Nursing Home Clothing & Fashion Store Adult Day Care

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

Location Intelligence

Trade Area within ½ mile

5,044
Businesses Nearby

Demographics for 33166, FL

26,106
Population
10,838
Households
2.4
Avg Household Size
41
Median Age
42%
College-Educated
83%
High-School Grad
7.9 sq mi
ZIP Area
3,305
Density / Sq Mi
$78,166
Median Household Income
$39,744
Median Earnings
$1,766
Median Rent
$489,200
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 South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Flexible workspace with private rooms, an open work area, and access to shared building amenities.
Where is this office units located?
The property is located at 7791 NW 46th St 104 Doral, FL.
What is the asking price?
The asking price for this property is $379,000.
What are key features of this property?
This property features: 965‑square‑foot ground‑level office suite; Two private offices plus an additional enclosed room; Open work area supports flexible workspace arrangements
More about this property
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