Renovated Second-Floor Office
For Sale
Contact for pricing
B-7430 Sw 48th St, Miami, FL 33127
The workspace is near the Bird Road exit, with access to major roadways and nearby businesses.
Property Size500 SF
Price / SF$3.60
Days on Market9
Property Features for B-7430 Sw 48th St
General Information
Standard status
Active
Size
500 SF
Site & Location
Neighborhood
Buena Vista Heights
Highway Access
Yes
Additional Details
Floor
2
Property Use
Office
Listing Agency:
The Source Real Estate
Listed By:
George Collazo Jr · License #3453952
(305) 462-7820
Source:
Exprealty
Added: Oct 19
Changed: Oct 25
Last Checked: Oct 26 at 5:02PM
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
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 renovated office unit occupies the second floor at 7430B SW 48th St in Miami. The space measures approximately 500 SF and is configured as an upstairs professional office.
The property is near the Bird Road exit, providing access to major roadways. Shopping centers, restaurants, and other businesses are also nearby.
The property is near the Bird Road exit, providing access to major roadways. Shopping centers, restaurants, and other businesses are also nearby.
Key Highlights
- Approximately 500 SF of office space
- Renovated unit on the second floor
- Near the Bird Road exit with access to major roadways
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,344
Suggested Prices Based on Cap Rates
Cap Rate 5%
$286,880
$286.9K
Cap Rate 7%
$204,914
$204.9K
Cap Rate 9%
$159,378
$159.4K
Market Conditions
NOI Build-Up for 500 SF
Gross rent
$22.5K $45.00/SF
− Vacancy
−$3.4K −$6.75/SF
EGI
$19.1K $38.25/SF
− OpEx
−$4.8K −$9.56/SF
NOI
$14.3K $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%
$286,880
Cap Rate 7%
$204,914
Cap Rate 9%
$159,378
Alternative Uses
Best Use
Office B
$204.9K
$179.3K – $239.1K
NOI $14,344 @ 7.0% cap · market cap 796.89%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$337.5K
$295.3K – $393.8K
NOI $23,625 @ 7.0% cap · market cap 1,312.50%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
3,256
Businesses Nearby
Explore this area
Business Placement
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
Frequently Asked Questions
What type of property is this?
Office unit - The workspace is near the Bird Road exit, with access to major roadways and nearby businesses.
Where is this office unit located?
The property is located at B-7430 Sw 48th St Miami, FL.
What are key features of this property?
This property features: Approximately 500 SF of office space; Renovated unit on the second floor; Near the Bird Road exit with access to major roadways
