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Street-Level Flex Space
For Sale
$495,000

9180 NW 119th St, Hialeah Gardens, FL 33018

Commercial Sale, Hialeah Gardens, FL

Property Size1,800 SF
Lot Size1.65 Acres
Price / SF$275
Days on Market118

Property Features for 9180 NW 119th St

General Information

Property type Commercial Sale
Property subtype Other
Zoning description 6600
Subdivision 20
Standard status Active
APN 27-20-33-051-0100
Lot size 1.65 Acres

Taxes and HOA fees

Tax Description GARDENS INDUSTRIAL PARK CONDO UNIT 10 BLDG 1 UNDIV 10% INT IN COMMON ELEMENTS OFF REC 20283-4203 OR 20716-4805 10 2002 1 COC 25225-0898 12 2
Tax Annual Amount 4960
Legal Description GARDENS INDUSTRIAL PARK CONDO UNIT 10 BLDG 1 UNDIV 10% INT IN COMMON ELEMENTS OFF REC 20283-4203 OR 20716-4805 10 2002 1 COC 25225-0898 12 2

Building Details

Year built 2002
Listing Agency: ComReal Miami - Doral, LLC.
Listed By: Patricia Quintana · License #0480499
Added: Jun 30 Changed: Oct 10 Last Checked: Oct 25 at 3:06PM
MLS# A11780116

Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This 2002 flex space is configured for combined office and warehouse use, with approximately 70% of the interior devoted to offices and 30% designated for warehouse space. The street-level corner unit includes nine parking spaces and is positioned for businesses requiring administrative space alongside storage, light manufacturing, or distribution functions. The existing offices may be removed to expand the warehouse area.

The property provides access to I-75 and the Palmetto Expressway and is near Miami International Airport and the Port of Miami. Its industrial/commercial zoning supports the property’s mixed office and warehouse configuration, while the parking accommodates employees, visitors, and delivery vehicles.

Key Highlights

  • Street‑level corner flex unit with office and warehouse configuration
  • Approximately 70% office area and 30% warehouse area
  • Nine parking spaces included

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$39,593
Cap Rate
8.00%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$791,860 $791.9K
Cap Rate 7%
$565,614 $565.6K
Cap Rate 9%
$439,922 $439.9K
Market Conditions
NOI Build-Up for 1,800 SF
Gross rent
$64.8K $36.00/SF
− Vacancy
−$3.9K −$2.16/SF
EGI
$60.9K $33.84/SF
− OpEx
−$21.3K −$11.84/SF
NOI
$39.6K $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%
$791,860
Cap Rate 7%
$565,614
Cap Rate 9%
$439,922

Alternative Uses

Best Use
Office B
$681.6K
$596.4K – $795.2K (±1% cap)
NOI $47,709 @ 7.0% cap · market cap 9.64%
Second Best
Flex RnD
$565.6K
$494.9K – $659.9K (±1% cap)
NOI $39,593 @ 7.0% cap · market cap 8.00%
Theoretical Best
Office A
$913.2K
$799.1K – $1.07M (±1% cap)
NOI $63,925 @ 7.0% cap · market cap 12.91%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Parking Lot & Garage Gym & Fitness Center Skin Care Clinic

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

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,219
Businesses Nearby
Under-served
Demand for This Use

Demographics for 33018, FL

54,273
Population
17,871
Households
3
Avg Household Size
41
Median Age
29%
College-Educated
85%
High-School Grad
28.1 sq mi
ZIP Area
1,931
Density / Sq Mi
$90,805
Median Household Income
$42,911
Median Earnings
$2,066
Median Rent
$436,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Similar Off Market Nearby

  • Palate Cuisine — 12484 NW South River Dr, Medley, FL 33178
  • A Matter of Taste Catering & Event Planning — 10620 NW 123rd Street Rd #106, Medley, FL 33178
  • Senorita Party Rental — 3408 W 84th St, Hialeah, FL 33018
  • Senorita Paella — 3408 W 84th St, Hialeah, FL 33018

Frequently Asked Questions

What type of property is this?
Flex space - Corner commercial unit with office and warehouse areas, industrial/commercial zoning, and nine parking spaces.
Where is this flex space located?
The property is located at 9180 NW 119th St Hialeah Gardens, FL.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: Street‑level corner flex unit with office and warehouse configuration; Approximately 70% office area and 30% warehouse area; Nine parking spaces included
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