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    The Largest CRE Database in the US with Over 1 Million Listings

    1300 Brickell Bay Dr Miami, FL 33131

    Sponsored
    For Sale
    $7,750,000

    Office - Miami, FL

    Type:Office
    Days on Market:
    189
    Last Refresh:
    Feb 1 at 12:06 pm

    Property Features for 1300 Brickell Bay Dr

    General Information

    Property type
    Commercial Sale
    Property subtype
    Office
    Standard status
    Active
    Zoning
    6407
    APN
    01-41-39-125-3800

    Building Details

    Year built
    2014
    Flooring type
    Tile
    Architectural style
    Other

    We can help!

    Listing Contact
    Barbara Elmir

    One Sothebys International Realty (305) 779-2430

    Listing agent Barbara Elmir (305) 779-2430 License #3192417

    Listing date Jul 28, 2025

    MLS# A11801647 Listing URL

    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.

    Learn more

    Property Insight Report

    Overview

    Luxury Brickell Office with Terrace

    This 4,768 sqft office space is located in Brickell and offers a blend of sophistication and functionality. The two-story office features 12 offices, 2 kitchens, key code access, and a media closet equipped with CAT 6 and fiber cable, supporting 4+ terabits. An audio speaker and Sonos system are pre-installed. The property includes 22 deeded parking spaces and benefits from 24-hour security. Two executive suites feature private bathrooms and showers with hidden doors. A state-of-the-art conference room and a light automation system are also included. The 2,000 sqft terrace offers bay views and is suitable for events. The office is situated in a luxury building with valet parking, a 24-hour concierge, and prominent deeded signage on Brickell Bay Drive, directly in front of the future Citadel HQ building. Seller financing is available. The zoning is 6407.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Maniquies In Style Image Consultant Outing Art Gallery Art Gallery Vanessza Vass - Discover ... Real Estate Agent Dental Design Smile ... Dental Clinic La Petite Maison French Restaurant

    Suggested Use

    Restaurant Spa & Massage Dental Office Realty agency Hair Salon Nail Salon Law Firm Food Market Clothing Store Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Uptime Technologies, AVmedia Inc., Kendall Equipment, ISR Technology, AGP Security System Installers

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.192463
    Latitude
    25.761125

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    FAQs

    What type of property is this?
    Office Property / Space - Sophisticated 4,768 sqft office with bay view terrace in Brickell.
    Where is this office property / space located?
    The property is located at 1300 Brickell Bay Dr Miami, FL.
    What is the asking price?
    The asking price for this property is $7,750,000.
    What are key features of this property?
    This property features: - Prime Brickell location directly in front of the future Citadel HQ building with prominent deeded signage on Brickell Bay Drive.; - Spacious **4,768sqft luxury office space** with 12 offices, 2 kitchens, and a **2,000sqft terrace with bay views.**; - Advanced technology infrastructure: media closet with CAT 6 and fiber cable (4+ terabits), pre-installed audio speaker & Sonos system, and light automation system.
    (305) 779-2430
    Request Owner's contact information
    1300 Brickell Bay Dr Miami, FL 33131
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    Miami, FL 33131
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1300 Brickell Bay Dr Miami, FL 33131
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    We can help!
    Listing Contact
    Barbara Elmir
    Real Estate License ID: 3192417
    (305) 779-2430
    Learn more
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