Renovated Second-Floor Office
For Sale
$395,000
7791 NW 46th St 201, Doral, FL 33166
Renovated 965 SF second-floor office condominium with a modern layout and five assigned parking spaces.
Property Size965 SF
Price / SF$409.33
Days on Market17
Property Features for 7791 NW 46th St 201
General Information
Standard status
Active
Size
965 SF
Total Parking Spaces
5
Additional Details
Highway Access
Yes
Office Units
1
Amenities
meeting rooms
Building Details
Year Built
2001
Listing Agency:
X Realty Partners, LLC
(305) 560-3481
Listed By:
Ada Del Gallego · License #A11969295
Source:
Mymiahomes
Added: Jul 21
Changed: Jul 22
Last Checked: Aug 5 at 11:04AM
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 X Realty Partners, LLC
Investment Insights
Based on property information with market context.
This beautifully renovated second-floor office condominium is located within the Palmetto West Park business complex. The suite was originally delivered in shell condition and has been recently improved into a clean, modern layout suitable for immediate occupancy. The unit comes with five assigned parking spaces (1014, 1015, 3043, 3044, and 3045), providing a meaningful advantage since most units in the complex include fewer spaces.
The property is positioned in the heart of Doral with convenient access to Palmetto Expressway (826), major commercial corridors, and Miami International Airport. Monthly association fees are $780, and the association includes access to on-site meeting rooms for owners.
The suite is currently vacant and available for easy showings. Financing is available for qualified buyers.
The property is positioned in the heart of Doral with convenient access to Palmetto Expressway (826), major commercial corridors, and Miami International Airport. Monthly association fees are $780, and the association includes access to on-site meeting rooms for owners.
The suite is currently vacant and available for easy showings. Financing is available for qualified buyers.
Key Highlights
- Renovated 965 SF second‑floor office condominium with a clean, modern layout
- Originally delivered in shell condition and recently improved for immediate occupancy
- Five assigned parking spaces (1014, 1015, 3043, 3044, 3045)
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $44.0k | $45.60 |
| − Vacancy | −$9.9k | −$10.26 |
| EGI | $34.1k | $35.34 |
| − OpEx | −$8.5k | −$8.84 |
| NOI | $25.6k | $26.51 |
965 SF · lease $45.60/SF/yr · vacancy 22.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$365.4K
$319.7K – $426.3K
NOI $25,577 @ 7.0% cap · market cap 6.48%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$489.6K
$428.4K – $571.2K
NOI $34,271 @ 7.0% cap · market cap 8.68%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
1
Office units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
5,044
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Renovated 965 SF second-floor office condominium with a modern layout and five assigned parking spaces.
Where is this office units located?
The property is located at 7791 NW 46th St 201 Doral, FL.
What is the asking price?
The asking price for this property is $395,000.
What are key features of this property?
This property features: Renovated 965 SF second‑floor office condominium with a clean, modern layout; Originally delivered in shell condition and recently improved for immediate occupancy; Five assigned parking spaces (1014, 1015, 3043, 3044, 3045)
