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Flex Warehouse with Office Space

B-6232 Miramar Pkwy, Miramar, FL 33023

For Sale
New
Contact for pricing

Office space, a restroom, high ceilings, and grade-level loading support a range of warehouse functions.

Property Size5,000 SF
Price / SF$1.90
Days on Market5

Property Features for B-6232 Miramar Pkwy

General Information

Standard status Active
Size 5,000 SF

Site & Location

Neighborhood Miramar Isles Crime Watch

Taxes and HOA fees

Annual Taxes $65,285

Amenities

high ceilings
grade-level loading
Listing Agency: Fausto Commercial Realty Consultants Inc
Listed By: Avigail Gayer · License #3456700
Source: Exprealty
Added: Nov 3 Changed: Nov 6 Last Checked: Nov 6 at 2:38PM

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 Fausto Commercial Realty Consultants Inc

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Investment Insights

Based on property information with market context.

This 5,000-square-foot flex property combines warehouse space with an office area and a bathroom. High ceilings and grade-level loading provide practical features for handling goods and daily operations.

The property is on Miramar Parkway in Miramar, just west of 441. The location and building configuration accommodate a mix of office and warehouse activity.

Key Highlights

  • 5,000 SF of flex space with office area and bathroom
  • High ceilings and grade‑level loading
  • On Miramar Parkway, just west of 441

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$52,703
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,054,060 $1.1M
Cap Rate 7%
$752,900 $752.9K
Cap Rate 9%
$585,589 $585.6K
Market Conditions
NOI Build-Up for 5,000 SF
Gross rent
$85.8K $17.16/SF
− Vacancy
−$4.7K −$0.94/SF
EGI
$81.1K $16.22/SF
− OpEx
−$28.4K −$5.68/SF
NOI
$52.7K $10.54/SF
Area
Miramar, FL
Vacancy
5.50%
Lease Rate
$17.16 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,054,060
Cap Rate 7%
$752,900
Cap Rate 9%
$585,589

Alternative Uses

Best Use
Warehouse
$984.6K
$861.5K – $1.15M (±1% cap)
NOI $68,919 @ 7.0% cap · market cap 725.46%
Second Best
Industrial
$810.8K
$709.5K – $946.0K (±1% cap)
NOI $56,757 @ 7.0% cap · market cap 597.44%
Theoretical Best
Specialty Retail
$2.33M
$2.04M – $2.71M (±1% cap)
NOI $162,880 @ 7.0% cap · market cap 1,714.53%
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 Real Estate Agency Dental Office Law Firm Pharmacy Gym & Fitness Center Hotel & Motel

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

Location Intelligence

Trade Area within ½ mile

1,917
Businesses Nearby
Balanced
Demand for This Use

Demographics for 33023, FL

66,749
Population
22,450
Households
3
Avg Household Size
38
Median Age
20%
College-Educated
84%
High-School Grad
8.8 sq mi
ZIP Area
7,585
Density / Sq Mi
$70,003
Median Household Income
$35,093
Median Earnings
$1,621
Median Rent
$344,500
Median Home Value

Market

Average Price Trend$/SF for Flex space in Broward County, FL

$256 Jul
$282 Aug
$317 Sep
$317 Oct

Properties on Market for Flex space in Broward County

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

  • YardVybzJamaicaKitchenLLC — 3056 S State Rd 7 Bay 36, Miramar, FL 33023
  • Direct Box Lunch Supplier
  • Daily Chew Catering — 2239 SW 59th Terrace, Hollywood, FL 33023
  • ImmaQulit Cuisine Food Truck — 2323 SW 60th Way, Miramar, FL 33023

Frequently Asked Questions

What type of property is this?
Flex space - Office space, a restroom, high ceilings, and grade-level loading support a range of warehouse functions.
Where is this flex space located?
The property is located at B-6232 Miramar Pkwy Miramar, FL.
What are key features of this property?
This property features: 5,000 SF of flex space with office area and bathroom; High ceilings and grade‑level loading; On Miramar Parkway, just west of 441
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Includes: Price & PSF · Cap rate · Location · Zoning

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