IU-3 Zoned
7909 NW 64th St #7909, Medley, FL 33166
For Sale
Contact for pricing
IU-3 zoning supports a range of industrial uses in Medley.
Property Size1,464 SF
Price / SF$2.05
Days on Market8
Property Features for 7909 NW 64th St #7909
General Information
Standard status
Size
Property subtype
Zoning
Additional Details
Highway Access
Property Use
Amenities
0.03361 acres
Parcel Number: 22-30-15-062-0050, Public Survey Range: 30, Public Survey Section: 15, Public Survey Township: 30, Annual Amount: $5,262, Legal Description: SORRENTO INDUSTRIAL PARK CONDO UNIT 7909 UNDIV 3.6230% INT IN COMMON ELEMENTS OFF REC 23359-3890 OR 22987-1925 0105 2 COC 24589-4430 05 2006, Zoning: 7900
Listing ID: A12115951, Standard Status: Active, MLS Status: Active, Property Subtype: Industrial, On market as of 2026-10-31, Special Conditions: Lease
Built in 1982, Living area units: Square Feet
County/Parish: Miami-Dade County
Leasable area: 1464, Leasable area units: Square Feet
Building Details
Year Built
Listing Agency:
Realty One Group Evolution
(786) 477-4715
Listed By:
Karen Sardina De Levay · License #3317057
(786) 237-7274
Source:
Riserealty
Added: Oct 31
Changed: Nov 6
Last Checked: Nov 6 at 3:12PM
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 Realty One Group Evolution
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The warehouse at 7909 NW 64th St #7909 in Medley contains 1,464 square feet and was built in 1982. Its IU-3 Unlimited Manufacturing Industrial zoning allows a wide range of industrial uses.
The property is minutes from Miami International Airport, with access to the Dolphin Expressway (836) and Palmetto Expressway (826).
The property is minutes from Miami International Airport, with access to the Dolphin Expressway (836) and Palmetto Expressway (826).
Key Highlights
- 1,464‑square‑foot warehouse built in 1982
- IU‑3 Unlimited Manufacturing Industrial zoning permits a wide range of industrial uses
- Minutes from Miami International Airport
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,192
Suggested Prices Based on Cap Rates
Cap Rate 5%
$383,840
$383.8K
Cap Rate 7%
$274,171
$274.2K
Cap Rate 9%
$213,244
$213.2K
Market Conditions
NOI Build-Up for 1,464 SF
Gross rent
$23.9K $16.32/SF
− Vacancy
−$1.3K −$0.90/SF
EGI
$22.6K $15.42/SF
− OpEx
−$3.4K −$2.31/SF
NOI
$19.2K $13.11/SF
Area
Miami-Dade County, FL
Vacancy
5.50%
Lease Rate
$16.32 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$383,840
Cap Rate 7%
$274,171
Cap Rate 9%
$213,244
Alternative Uses
Best Use
Warehouse
$274.2K
$239.9K – $319.9K
NOI $19,192 @ 7.0% cap · market cap 639.73%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$742.7K
$649.9K – $866.5K
NOI $51,992 @ 7.0% cap · market cap 1,733.07%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
3,037
Businesses Nearby
Well-served
Demand for This Use
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
$489,200
Median Home Value
Market
Average Price Trend$/SF for Warehouses in Medley, FL
Properties on Market for Warehouses in Medley
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
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- Faro Boat Lifts — 6906 NW 46th St, Miami, FL 33166
- Rapid Shifters — 4747 NW 72nd Ave, Miami, FL 33166
- LogicArt Miami — 4761 NW 72nd Ave, Miami, FL 33166
- Extra Space Storage — 4995 NW 79th Ave, Miami, FL 33166, United States
Frequently Asked Questions
What type of property is this?
Warehouse - IU-3 zoning supports a range of industrial uses in Medley.
Where is this warehouse located?
The property is located at 7909 NW 64th St #7909 Medley, FL.
What are key features of this property?
This property features: 1,464‑square‑foot warehouse built in 1982; IU‑3 Unlimited Manufacturing Industrial zoning permits a wide range of industrial uses; Minutes from Miami International Airport
