Flex Condo with Dock-High
8061 NW 67th Street 17, Medley, FL 33166
For Sale
$1,499,000
Two-level office areas complement a warehouse, with convenient access to SR 826 and Miami International Airport.
Property Size3,329 SF
Price / SF$450.29
Days on Market34
Property Features for 8061 NW 67th Street 17
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Warehouse & Industrial
Clear Height
Office Build-Out
Dock-High Doors
Additional Details
Highway Access
Property Use
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Construction
Listing Agency:
Liberty Commercial Realty Inc
Listed By:
Chabeli Castillo · License #3334121
(786) 423-0525
Source:
Silverleafrealtygroup
Added: Oct 7
Changed: Nov 7
Last Checked: Nov 8 at 4:42PM
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 Liberty Commercial Realty Inc
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 3,329-square-foot flex condominium pairs warehouse area with approximately 800 square feet of office space on two levels. The warehouse offers 24-foot ceilings, 23 feet of clear height, one dock-high truck position, a loading ramp, and a motorized roll-up door measuring 10 feet high by 14 feet wide. Office improvements include five offices, a conference room, a kitchenette and lounge area, and two restrooms. The building has a Twin-T concrete roof, and the unit includes two assigned parking spaces.
The property is approximately five minutes from the Palmetto Expressway (SR 826) via the NW 58th Street exit and is close to Miami International Airport.
The property is approximately five minutes from the Palmetto Expressway (SR 826) via the NW 58th Street exit and is close to Miami International Airport.
Key Highlights
- 3,329‑square‑foot flex condominium with approximately 800 square feet of office space
- Warehouse provides 23 feet of clear height and 24‑foot ceilings
- One dock‑high truck position, loading ramp, and 10'H x 14'W motorized roll‑up door
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$43,716
Cap Rate
2.92%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$874,320
$874.3K
Cap Rate 7%
$624,514
$624.5K
Cap Rate 9%
$485,733
$485.7K
Market Conditions
NOI Build-Up for 3,329 SF
Gross rent
$53.1K $15.96/SF
− Vacancy
−$1.7K −$0.51/SF
EGI
$51.4K $15.45/SF
− OpEx
−$7.7K −$2.32/SF
NOI
$43.7K $13.13/SF
Area
Miami-Dade County, FL
Vacancy
3.20%
Lease Rate
$15.96 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$874,320
Cap Rate 7%
$624,514
Cap Rate 9%
$485,733
Alternative Uses
Best Use
Warehouse
$624.5K
$546.5K – $728.6K
NOI $43,716 @ 7.0% cap · market cap 2.92%
Second Best
Industrial
$513.4K
$449.2K – $599.0K
NOI $35,939 @ 7.0% cap · market cap 2.40%
Theoretical Best
Office A
$1.82M
$1.59M – $2.12M
NOI $127,252 @ 7.0% cap · market cap 8.49%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
23 ft
Clear height
1
Dock-high doors
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
Properties on Market for Flex space in Medley
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- Taste of Style Catering - Ballroom — 4747 NW 79th Ave, Miami, FL 33166
- Gourmet Concepts — 5231 Geneva NW 48th Way, Doral, FL 33166
- Funky Lab 305 — 5149 NW 74th Ave, Miami, FL 33166
- Green Meals — 7415 NW 54th St, Miami, FL 33166
- Aaron's Catering — 9605 NW 79th Ave, Hialeah Gardens, FL 33016
Frequently Asked Questions
What type of property is this?
Flex space - Two-level office areas complement a warehouse, with convenient access to SR 826 and Miami International Airport.
Where is this flex space located?
The property is located at 8061 NW 67th Street 17 Medley, FL.
What is the asking price?
The asking price for this property is $1,499,000.
What are key features of this property?
This property features: 3,329‑square‑foot flex condominium with approximately 800 square feet of office space; Warehouse provides 23 feet of clear height and 24‑foot ceilings; One dock‑high truck position, loading ramp, and 10'H x 14'W motorized roll‑up door
