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Contemporary Office Building
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7791 NW 46th St, Miami, FL 33166

Contemporary office building with two elevators, two common conference rooms, and a three-story garage plus outside parking and 52 guest spaces.

Property Size1,930 SF
Price / SF$440.41
Days on Market1179

Property Features for 7791 NW 46th St

General Information

Standard status Active
Size 1,930 SF
Property subtype OFFICE

Amenities

cafe on ground floor
two-story lobby
two (2) elevators
three (3) staircases
two (2) common conference rooms
common greeting area (2nd floor mezzanine)
Listing Agency: NAI Miami | Doral
Listed By: Lucia Custer
Source: Moodyscre
Added: May 10, 2023 Changed: Jul 27 Last Checked: Jul 30 at 1:51PM

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 NAI Miami | Doral

Investment Insights

Based on property information with market context.

This contemporary office building features a two-story lobby, two elevators, and three staircases. Common amenities include two (2) common conference rooms and a shared greeting area located on the second-floor mezzanine. A café is also situated on the ground floor.

The property offers generous parking with a three-story garage, outside parking, and 52 guest spots. The address is 7791 NW 46th St, Miami, FL 33166.

Key Highlights

  • Contemporary office building with a three‑story garage plus outside parking
  • Two (2) elevators and three (3) staircases for building access
  • Two (2) common conference rooms

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 $86.9k $45.00
− Vacancy −$13.0k −$6.75
EGI $73.8k $38.25
− OpEx −$18.5k −$9.56
NOI $55.4k $28.69
1,930 SF · lease $45.00/SF/yr · vacancy 15.00% · expense 25.00%

Alternative Uses

Best Use
Office B
$791.0K
$692.1K – $922.8K (±1% cap)
NOI $55,367 @ 7.0% cap · market cap 6.51%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.30M
$1.14M – $1.52M (±1% cap)
NOI $91,193 @ 7.0% cap · market cap 10.73%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

GlobalProbiz Big Box & Wholesale Store Conemco Engineering Inc Engineer Homes Real Estate ... Corporate Office Wolfgang Silva Insurance ... Insurance Agency Florida Institute of Sterile ... High School

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

6,549
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

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - Contemporary office building with two elevators, two common conference rooms, and a three-story garage plus outside parking and 52 guest spaces.
Where is this office building located?
The property is located at 7791 NW 46th St Miami, FL.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Contemporary office building with a three‑story garage plus outside parking; Two (2) elevators and three (3) staircases for building access; Two (2) common conference rooms
(305) 975-8131 Call to check price and availability
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