Office Suite with Open
For Sale
$830,000
7791 NW 46th St 305-306, Doral, FL 33166
Two connected office units feature private offices, an open bullpen area, impact glass, and a dry kitchenette.
Property Size1,934 SF
Price / SF$429.16
Days on Market98
Property Features for 7791 NW 46th St 305-306
General Information
Standard status
Active
Size
1,934 SF
Building Details
Year Built
2001
Listing Agency:
Fortex Realty Inc
Listed By:
Giovanni Hernandez · License #3389701
(305) 317-5410
Source:
Mymiahomes
Added: Jul 25
Changed: Oct 25
Last Checked: Oct 7 at 2:59PM
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 Fortex Realty Inc
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Investment Insights
Based on property information with market context.
This for-sale office setup includes two connected units with a functional layout that combines private offices with an open bullpen workspace. The space is designed with impact glass windows for natural light, an acoustical drop ceiling at approximately 9 feet, and a dry kitchenette area for staff convenience. Additional interior features include separate thermostat control and a separate electric meter.
The units are located on the same floor as the building’s common conference rooms, offering convenient access for meetings and day-to-day business operations. Seven assigned parking spaces are included for staff and visitors.
Overall, the configuration supports both focused work in private offices and shared collaboration in the open bullpen area within a modern professional building.
The units are located on the same floor as the building’s common conference rooms, offering convenient access for meetings and day-to-day business operations. Seven assigned parking spaces are included for staff and visitors.
Overall, the configuration supports both focused work in private offices and shared collaboration in the open bullpen area within a modern professional building.
Key Highlights
- Year built 2001 office space with two connected units for flexible office layouts
- Includes private offices plus an open bullpen workspace
- Impact glass windows for natural light and an approximately 9‑ft acoustical drop ceiling
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$51,261
Cap Rate
6.18%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,025,220
$1.0M
Cap Rate 7%
$732,300
$732.3K
Cap Rate 9%
$569,567
$569.6K
Market Conditions
NOI Build-Up for 1,934 SF
Gross rent
$88.2K $45.60/SF
− Vacancy
−$19.8K −$10.26/SF
EGI
$68.3K $35.34/SF
− OpEx
−$17.1K −$8.84/SF
NOI
$51.3K $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%
$1,025,220
Cap Rate 7%
$732,300
Cap Rate 9%
$569,567
Alternative Uses
Best Use
Office B
$732.3K
$640.8K – $854.4K
NOI $51,261 @ 7.0% cap · market cap 6.18%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$981.2K
$858.6K – $1.14M
NOI $68,684 @ 7.0% cap · market cap 8.28%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
5,044
Businesses Nearby
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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
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Two connected office units feature private offices, an open bullpen area, impact glass, and a dry kitchenette.
Where is this office unit located?
The property is located at 7791 NW 46th St 305-306 Doral, FL.
What is the asking price?
The asking price for this property is $830,000.
What are key features of this property?
This property features: Year built 2001 office space with two connected units for flexible office layouts; Includes private offices plus an open bullpen workspace; Impact glass windows for natural light and an approximately 9‑ft acoustical drop ceiling
