Office Unit with Glass
New
For Sale
Contact for pricing
1000 Brickell Avenue #5C, Miami, FL 33131
A five-office plan includes an executive office, conference room, reception area, and flexible workspace.
Property Size147,000 SF
Price / SF$0.00
Days on Market4
Property Features for 1000 Brickell Avenue #5C
General Information
Standard status
Active
Size
147,000 SF
Elevators
Yes
Property subtype
Office
Space & Availability
Floor
5
Condition
Turnkey
Site & Location
Neighborhood
Brickell Village
Additional Details
Office Units
1
Tenant in Place
Yes
Property Use
Office
Amenities
glass-front entrance
reception area
conference room
private offices
kitchen
stainless-steel appliances
pre-wired for internet
Building Details
Year Built
1968
Tenancy
Single
Listing Agency:
AG Real Estate Advisors, LLC
(305) 374-2092
Listed By:
Maria E Bottas · License #3140898
(305) 305-1280
Source:
Lehmannflorida
Added: Oct 24
Changed: Oct 26
Last Checked: Oct 26 at 3:24PM
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 AG Real Estate Advisors, LLC
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 2,531-square-foot office unit at 1000 Brickell Avenue includes five private offices, one oversized for executive use, plus a large conference room and an open area that can be reconfigured for additional private offices. A reception and waiting area, extensive glass partitions, porcelain flooring, and a kitchen with running water, stainless-steel appliances, and a dishwasher complete the interior. Internet and technology infrastructure is pre-wired, and the suite is currently occupied by a financial institution.
The unit is in Brickell and occupies the fifth floor. Its glass-front entrance faces the elevator lobby, with glass detailing continuing through the interior. The offering is described as a full-service lease.
The unit is in Brickell and occupies the fifth floor. Its glass-front entrance faces the elevator lobby, with glass detailing continuing through the interior. The offering is described as a full-service lease.
Key Highlights
- 2,531‑square‑foot office unit
- Five private offices, including an oversized executive office
- Large conference room and open area that can be converted to private offices
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$4,217,063
Suggested Prices Based on Cap Rates
Cap Rate 5%
$84,341,260
$84.3M
Cap Rate 7%
$60,243,757
$60.2M
Cap Rate 9%
$46,856,256
$46.9M
Market Conditions
NOI Build-Up for 147,000 SF
Gross rent
$6.62M $45.00/SF
− Vacancy
−$992.3K −$6.75/SF
EGI
$5.62M $38.25/SF
− OpEx
−$1.41M −$9.56/SF
NOI
$4.22M $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%
$84,341,260
Cap Rate 7%
$60,243,757
Cap Rate 9%
$46,856,256
Alternative Uses
Best Use
Office B
$60.24M
$52.71M – $70.28M
NOI $4,217,063 @ 7.0% cap · market cap 7,270,798.28%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$99.23M
$86.82M – $115.76M
NOI $6,945,816 @ 7.0% cap · market cap 11,975,544.83%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
1
Office units
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
15,616
Businesses Nearby
Explore this area
Business Placement
Demographics for 33131, FL
26,213
Population
18,872
Households
1.4
Avg Household Size
37
Median Age
77%
College-Educated
98%
High-School Grad
0.5 sq mi
ZIP Area
52,426
Density / Sq Mi
$143,114
Median Household Income
$86,331
Median Earnings
$2,847
Median Rent
$621,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in Miami, FL
Frequently Asked Questions
What type of property is this?
Office unit - A five-office plan includes an executive office, conference room, reception area, and flexible workspace.
Where is this office unit located?
The property is located at 1000 Brickell Avenue #5C Miami, FL.
What are key features of this property?
This property features: 2,531‑square‑foot office unit; Five private offices, including an oversized executive office; Large conference room and open area that can be converted to private offices
