Doral End-Cap Flex
For Sale
$1,350,000
8119 NW 33rd St # 8119, Doral, FL 33122
End-cap flex unit with office and warehouse space for sale.
Property Size3,381 SF
Price / SF$399.29
Days on Market207
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Property Features for 8119 NW 33rd St # 8119
General Information
Standard status
Active
Size
3,381 SF
Property subtype
Flex Space
Building Details
Building Size
3,381 SF
Year Built
1972
Listing Agency:
Miami Commercial Real Estate, LLC.
Listed By:
Lissette Gonzalez Torres · License #3088731
(786) 273-1380
Source:
Relinkre
Added: Mar 23
Changed: Oct 14
Last Checked: Oct 15 at 5:13AM
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 Miami Commercial Real Estate, LLC.
Investment Insights
Based on property information with market context.
This exceptional end-cap unit features a welcoming reception area connected to a conference room, six private offices, and a large open office floor plan. The layout also includes an employee lounge, a supplies room, and a warehouse area equipped with one powered roll-up door. There are two restrooms, one of which includes a private shower. The office to warehouse ratio is approximately 68% to 32%. The property includes seven assigned parking spaces, with an additional space available at the rear roll-up door. The unit benefits from direct frontage onto the shared guest parking lot serving the center. A newly installed 240/120V, 200-Amp, 3-Phase electric service provides robust capacity. Two independent A/C systems provide full coverage and built-in redundancy. Impact-rated windows and a storefront entry door enhance the property. The insulated, hurricane-rated powered roll-up loading door provides warehouse access. The 10-year structural recertification was completed in 2022. The property is located in Doral, Florida and has a total size of 3381 square feet.
Key Highlights
- End‑cap unit with high visibility and direct frontage onto the shared guest parking lot.
- Functional layout featuring a reception area, conference room, 6 private offices, large open office, employee lounge, supplies room, and warehouse.
- New 200‑Amp, 3‑Phase electric service provides robust power capacity.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$74,368
Cap Rate
5.51%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,487,360
$1.5M
Cap Rate 7%
$1,062,400
$1.1M
Cap Rate 9%
$826,311
$826.3K
Market Conditions
NOI Build-Up for 3,381 SF
Gross rent
$121.7K $36.00/SF
− Vacancy
−$7.3K −$2.16/SF
EGI
$114.4K $33.84/SF
− OpEx
−$40.0K −$11.84/SF
NOI
$74.4K $22.00/SF
Area
Miami-Dade County, FL
Vacancy
6.00%
Lease Rate
$36.00 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,487,360
Cap Rate 7%
$1,062,400
Cap Rate 9%
$826,311
Alternative Uses
Best Use
Flex RnD
$1.06M
$929.6K – $1.24M
NOI $74,368 @ 7.0% cap · market cap 5.51%
Second Best
Industrial
$521.4K
$456.3K – $608.3K
NOI $36,500 @ 7.0% cap · market cap 2.70%
Theoretical Best
Office A
$1.72M
$1.50M – $2.00M
NOI $120,073 @ 7.0% cap · market cap 8.89%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
5,062
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 33122, FL
2,126
Population
901
Households
2.4
Avg Household Size
35
Median Age
62%
College-Educated
85%
High-School Grad
2.4 sq mi
ZIP Area
886
Density / Sq Mi
$83,152
Median Household Income
$50,984
Median Earnings
$2,437
Median Rent
$1,284,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- Antojitos Venezolanos — 2228 NW 82nd Ave, Doral, FL 33122
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- Adobo Food Truck — 2500 NW 79th Ave, Doral, FL 33122
- El Rey de la Paella — 2718 NW 72nd Ave, Miami, FL 33122
Frequently Asked Questions
What type of property is this?
Flex space - End-cap flex unit with office and warehouse space for sale.
Where is this flex space located?
The property is located at 8119 NW 33rd St # 8119 Doral, FL.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: End‑cap unit with high visibility and direct frontage onto the shared guest parking lot.; Functional layout featuring a reception area, conference room, 6 private offices, large open office, employee lounge, supplies room, and warehouse.; New 200‑Amp, 3‑Phase electric service provides robust power capacity.
