Updated Office Suite with Private
1200 Brickell Ave Miami, FL 33131
For Sale
$949,000
SINGLE_FAMILY - Miami, FL
Property Size2,146 SF
Lot Size0.05 Acres
Price / SF$442.22
Days on Market52
Property Features for 1200 Brickell Ave
General Information
Property type
Residential
Property subtype
Retail
Parking features
Guest, Covered
Security features
Security
Standard status
Active
APN
01-41-38-142-0920
Lot size
0.05 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
1200 BRICKELL CONDO UNIT 505-B UNDIV 0.360% INT IN COMMON ELEMENTS OFF REC 26193-0065
Tax Annual Amount
15886
Utilities
Cooling system
Central Air
Building Details
Year built
1982
Flooring type
Carpet
Building materials
Block
Roof type
Concrete
Listing Agency:
BHHS EWM Realty
(305) 960-2400
Listed By:
Barbara Gretsch · License #3643446
(773) 208-2992
Added: Jun 6
Changed: Jun 30
Last Checked: Jul 27 at 4:06PM
MLS# A11972022
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.
Investment Insights
Based on property information with market context.
This updated, move-in ready office suite offers a functional interior layout designed for day-to-day operations. The space includes four private offices supported by a reception area, a conference room, a dedicated printer/copy room, and a kitchenette, creating a practical flow for client meetings and internal work.
The suite is located at 1200 Brickell Ave in the Brickell district. The office overlooks a planned landscaped garden pavilion and the Ora by Casa Tua development, providing an open outlook from within the professional setting.
With its immediate usability and complete mix of private work spaces plus shared areas for receiving visitors and hosting meetings, the suite is well-suited to an owner-user seeking a ready-to-occupy office, or to an investor looking for an office configuration that can support ongoing business use. Available for sale and lease, the property supports flexible acquisition plans in a central commercial market.
The suite is located at 1200 Brickell Ave in the Brickell district. The office overlooks a planned landscaped garden pavilion and the Ora by Casa Tua development, providing an open outlook from within the professional setting.
With its immediate usability and complete mix of private work spaces plus shared areas for receiving visitors and hosting meetings, the suite is well-suited to an owner-user seeking a ready-to-occupy office, or to an investor looking for an office configuration that can support ongoing business use. Available for sale and lease, the property supports flexible acquisition plans in a central commercial market.
Key Highlights
- Move‑in ready 2,146 SF office suite in Brickell
- Includes four private offices plus reception, conference room, printer/copy room, and kitchenette
- Central air and carpet flooring
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $96.6k | $45.00 |
| − Vacancy | −$14.5k | −$6.75 |
| EGI | $82.1k | $38.25 |
| − OpEx | −$20.5k | −$9.56 |
| NOI | $61.6k | $28.69 |
2,146 SF · lease $45.00/SF/yr · vacancy 15.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$879.5K
$769.5K – $1.03M
NOI $61,563 @ 7.0% cap · market cap 6.49%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.45M
$1.27M – $1.69M
NOI $101,399 @ 7.0% cap · market cap 10.68%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Office units - Move-in ready suite with four private offices, reception, conference room, kitchenette, and printer/copy room.
Where is this office units located?
The property is located at 1200 Brickell Ave Miami, FL.
What is the asking price?
The asking price for this property is $949,000.
What are key features of this property?
This property features: Move‑in ready 2,146 SF office suite in Brickell; Includes four private offices plus reception, conference room, printer/copy room, and kitchenette; Central air and carpet flooring
