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Renovated Ground-Floor Office Unit
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For Sale
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A-7430 Sw 48th St, Miami, FL 33127

The office combines a reception area, enclosed offices, and adaptable open workspace in a ground-floor layout.

Property Size1,808 SF
Price / SF$1.77
Days on Market3

Property Features for A-7430 Sw 48th St

General Information

Standard status Active
Size 1,808 SF

Additional Details

Floor Ground Floor
Highway Access Yes
Listing Agency: The Source Real Estate
Listed By: George Collazo Jr · License #3453952
Source: Exprealty
Added: Oct 19 Changed: Oct 21 Last Checked: Oct 21 at 2:21AM

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 The Source Real Estate

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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 renovated, first-floor office unit measures approximately 1,808 SF. Its layout includes a reception area, private offices, and open areas that can be arranged for office operations. The space is currently used as a real estate office.

The property is near the Bird Road exit and offers access to major roadways. Shopping centers, restaurants, and other businesses are nearby.

Key Highlights

  • Approximately 1,808 SF on the first floor
  • Renovated interior with reception, private offices, and open workspace
  • Located near the Bird Road exit, with major‑road access

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$51,867
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,037,340 $1.0M
Cap Rate 7%
$740,957 $741.0K
Cap Rate 9%
$576,300 $576.3K
Market Conditions
NOI Build-Up for 1,808 SF
Gross rent
$81.4K $45.00/SF
− Vacancy
−$12.2K −$6.75/SF
EGI
$69.2K $38.25/SF
− OpEx
−$17.3K −$9.56/SF
NOI
$51.9K $28.69/SF
Area
Miami, FL
Vacancy
15.00%
Lease Rate
$45.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,037,340
Cap Rate 7%
$740,957
Cap Rate 9%
$576,300

Alternative Uses

Best Use
Office B
$741.0K
$648.3K – $864.5K (±1% cap)
NOI $51,867 @ 7.0% cap · market cap 1,620.84%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.22M
$1.07M – $1.42M (±1% cap)
NOI $85,429 @ 7.0% cap · market cap 2,669.66%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Veterinary Clinic Butcher Buffet Restaurant Garden Center

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

3,256
Businesses Nearby

Demographics for 33127, FL

27,692
Population
11,245
Households
2.5
Avg Household Size
37
Median Age
13%
College-Educated
69%
High-School Grad
3.3 sq mi
ZIP Area
8,392
Density / Sq Mi
$41,125
Median Household Income
$30,240
Median Earnings
$1,394
Median Rent
$398,800
Median Home Value

Market

Vacancy Rate% for Office in Miami, FL

12.4% 2019
16.3% 2020
17% 2021
16.1% 2022
15% 2023
16.1% 2024
15.2% 2025

Frequently Asked Questions

What type of property is this?
Office unit - The office combines a reception area, enclosed offices, and adaptable open workspace in a ground-floor layout.
Where is this office unit located?
The property is located at A-7430 Sw 48th St Miami, FL.
What are key features of this property?
This property features: Approximately 1,808 SF on the first floor; Renovated interior with reception, private offices, and open workspace; Located near the Bird Road exit, with major‑road access
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