1000 Biscayne Blvd, Miami, FL
Office spaces available in Downtown Miami's mixed-use building.
- Added:
- Mar 15, 2024
- Days on Market:
- 818
- Last Refresh:
- May 20 at 9:38 pm
Property Features for 1000 Biscayne Blvd
General Information
- Standard status
- Active
- Size
- 20,313 SF
- Lot size
- 0.90 Acres
- Property subtype
- OFFICE
Listing agent Lyle Chariff License #BK598708 (305) 576-7474
Listing office Chariff Realty Group, Inc. (305) 576-7474
Listing date Mar 15, 2024
Source Moodyscre
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 Chariff Realty Group, Inc.
HighLights
- Office spaces available in Ten Museum Park, a mixed‑use building in Downtown Miami.
- Located directly across the street from the new Museum Park Miami.
- Museum Park Miami will house the Science Center of the Americas and the Miami Art Museum.
- Museum Park Miami will feature architecturally significant structures, green space, and lawns.
- Museum Park Miami will offer active and passive recreation.
- Proximity to Miami Museum of Science & Planetarium and Historical Museum of Southern Florida.
Overview
Local 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 | $914.1k | $45.00 |
| − Vacancy | −$137.1k | −$6.75 |
| EGI | $777.0k | $38.25 |
| − OpEx | −$194.2k | −$9.56 |
| NOI | $582.7k | $28.69 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Miami
- County
- Miami-Dade
- State
- Florida
- Longitude
- -80.1902
- Latitude
- 25.7846
