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Renovated Second-Floor Office Suite

7791 NW 46th St 201 Doral, FL 33166

New
7791 NW 46th St 201, Doral, FL, 33166
$395,000
For Sale
$395,000

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 Market3

Property Features for 7791 NW 46th St 201

General Information

Standard status
Active
Size
965 SF

Building Details

Year Built
2001
Listing agency X Realty Partners, LLC
Listed by Ada Del Gallego · License #A11969295
Source Mymiahomes
Added: Jul 21 Updated: Jul 22 at 7:50AM Checked: Jul 22 at 7:50AM

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.

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)

Local 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 (±1% cap)
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 (±1% cap)
NOI $34,271 @ 7.0% cap · market cap 8.68%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Office Units

Suggested Use

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

Zoning and permitted uses should be independently verified with local authorities.

FAQs

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)
Contact an agent
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