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Ground-Level Office Suite

7791 NW 46th Street #104 Doral, FL 33166

7791 NW 46th Street #104, Doral, FL, 33166
$389,000
For Sale
$389,000

Ground-floor suite with private offices, flexible open area, and newly finished interior for immediate tenant customization.

Property Size965 SF
Price / SF$403.11
Days on Market40

Property Features for 7791 NW 46th Street #104

General Information

Standard status
Active
Size
965 SF
Property subtype
Commercial

Building Details

Year Built
2001
Listing Agency CORNERSTONE INTL. REALTY, LLC
Listed by CAMILO FRANCO · License #A12002559
Source Corcoran
Added: Jun 9 Checked: Jul 17 at 3:22 am

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 ground-level office suite offers two private offices plus an additional room that can be used as a conference area, record room, or private work station. The layout includes an open floor component, giving tenants flexibility to configure the space around their workflow. Recent updates include freshly painted interiors and new vinyl flooring.

The suite is located within Palmetto West Park lll, an office building that includes a grand entrance lobby and a common conference room area. Building amenities also include a restaurant/cafe and ample on-site parking, supporting day-to-day client and staff needs.

The space is well suited for professional teams that require a mix of private rooms and a collaborative or adaptable work area. With the open component and multiple enclosed rooms, it can support uses such as office administration, consulting, or other private professional work where meeting and storage needs may be part of the day-to-day operation.

Key Highlights

  • Ground‑level office suite in Palmetto West Park lll, built in 2001
  • Includes two private offices plus additional flexible space for conference/record room or private work stations
  • Open floor area offers tenant flexibility to design for best use

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 6.58%
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 8.81%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Office Units

Suggested Use

Tanning Salon (Bike/Boat/Book/etc) Store Veterinary Clinic (Bike/Boat/Book/etc) Store Locksmith Nursing Home (Bike/Boat/Book/etc) Store Butcher Nursing Home Adult Day Care

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

FAQs

What type of property is this?
Office units - Ground-floor suite with private offices, flexible open area, and newly finished interior for immediate tenant customization.
Where is this office units located?
The property is located at 7791 NW 46th Street #104 Doral, FL.
What is the asking price?
The asking price for this property is $389,000.
What are key features of this property?
This property features: Ground‑level office suite in Palmetto West Park lll, built in 2001; Includes two private offices plus additional flexible space for conference/record room or private work stations; Open floor area offers tenant flexibility to design for best use
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