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Flex Space with Office

8061 NW 67th St #17, Medley, FL 33166

For Sale
$1,375,000

A two-level layout pairs warehouse capacity with private offices, a conference room, and staff amenities.

Property Size3,329 SF
Price / SF$413.04
Days on Market34

Property Features for 8061 NW 67th St #17

General Information

Standard status Active
Size 3,329 SF
Total Parking Spaces 2
Property subtype Industrial

Warehouse & Industrial

Clear Height 23 ft
Office Build-Out 800 SF
Dock-High Doors 1

Additional Details

Highway Access Yes
Property Use Warehouse

Building Details

Year Built 1984
Stories 2
Listing Agency: Liberty Commercial Realty Inc
Listed By: Chabeli Castillo · License #3334121
Source: Okklarealty
Added: Oct 7 Changed: Nov 8 Last Checked: Nov 8 at 3:57PM

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

Rey
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.

This flex condo contains approximately ±3,329 SF, including ±800 SF of office area arranged across two levels. The office portion has five offices, a conference room, a kitchenette and lounge, and two restrooms. Warehouse features include 24' ceilings, 23' of clear height, one dock-high truck position, and a loading ramp. A motorized roll-up door measures 10'H x 14'W, and the building has a Twin-T concrete roof.

The property is at 8061 NW 67th St # 17 in Medley. The Palmetto Expressway (SR 826) is about five minutes away via the NW 58th Street exit, with Miami International Airport also nearby. Two assigned parking spaces are included.

Key Highlights

  • Approximately ±3,329 SF total, including ±800 SF of office space
  • Warehouse has 23' clear height and 24' ceilings
  • One dock‑high truck position and a loading ramp

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$43,716
Cap Rate
3.18%
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 (±1% cap)
NOI $43,716 @ 7.0% cap · market cap 3.18%
Second Best
Industrial
$513.4K
$449.2K – $599.0K (±1% cap)
NOI $35,939 @ 7.0% cap · market cap 2.61%
Theoretical Best
Office A
$1.82M
$1.59M – $2.12M (±1% cap)
NOI $127,252 @ 7.0% cap · market cap 9.25%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Grocery & Convenience Store Veterinary Clinic Butcher Tanning Salon Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

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

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

Jul
Aug
Sep
Oct

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025

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 - A two-level layout pairs warehouse capacity with private offices, a conference room, and staff amenities.
Where is this flex space located?
The property is located at 8061 NW 67th St #17 Medley, FL.
What is the asking price?
The asking price for this property is $1,375,000.
What are key features of this property?
This property features: Approximately ±3,329 SF total, including ±800 SF of office space; Warehouse has 23' clear height and 24' ceilings; One dock‑high truck position and a loading ramp
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Includes: Price & PSF · Cap rate · Location · Zoning

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