Medical Office Suite in Mixed-Use
1005-2820 Ne 214th St Aventura, FL 33179
1005-2820 Ne 214th St, Aventura, FL, 33179
$1,040,000
For Sale
$1,040,000
Office suite includes 20% CAF, south exposure, floor-to-ceiling windows, and wood flooring within a multi-tenant medical setting.
Property Size1,342 SF
Price / SF$774.96
Days on Market307
Property Features for 1005-2820 Ne 214th St
General Information
- Standard status
- Active
- Size
- 1,342 SF
Listing agency
Aventura Health District Realty
(305) 968-3279
Listed by
Mariana S Herrera
(305) 968-3279
Source
Exprealty
Added: Sep 19, 2025 Updated: Jul 21 at 5:22AM Checked: Jul 22 at 11:06AM
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 Aventura Health District Realty
Investment Insights
Based on property information with market context.
This office suite offers 342 SF (including 20% CAF) and features south exposure, floor-to-ceiling windows providing abundant natural light, and wood flooring. The building includes 34 medical and professional offices.
The property is part of a mixed-use environment with retail tenants including Rainbow Pharmacy, Q’ans Beauty Salon, Lagree Pilates Studio, and Santana Leather Care. The building also includes LVL 6 Rest, which is open to the public and serves breakfast, lunch, and dinner. It is within walking distance to Aventura Hospital.
Additional building context includes a Serena Hotel Tapestry Collection by Hilton with 100 extended-stay rooms.
The property is part of a mixed-use environment with retail tenants including Rainbow Pharmacy, Q’ans Beauty Salon, Lagree Pilates Studio, and Santana Leather Care. The building also includes LVL 6 Rest, which is open to the public and serves breakfast, lunch, and dinner. It is within walking distance to Aventura Hospital.
Additional building context includes a Serena Hotel Tapestry Collection by Hilton with 100 extended-stay rooms.
Key Highlights
- Office suite: 1,342 SF (includes 20% CAF) in a multi‑tenant medical/professional building
- South exposure with floor‑to‑ceiling windows for abundant natural light plus wood flooring
- Building includes 34 medical & professional offices
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 | $61.2k | $45.60 |
| − Vacancy | −$13.8k | −$10.26 |
| EGI | $47.4k | $35.34 |
| − OpEx | −$11.9k | −$8.84 |
| NOI | $35.6k | $26.51 |
1,342 SF · lease $45.60/SF/yr · vacancy 22.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$508.1K
$444.6K – $592.8K
NOI $35,570 @ 7.0% cap · market cap 3.42%
Second Best
Healthcare Medical
$252.6K
$221.0K – $294.7K
NOI $17,682 @ 7.0% cap · market cap 1.70%
Theoretical Best
Office A
$680.9K
$595.8K – $794.3K
NOI $47,660 @ 7.0% cap · market cap 4.58%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office Units
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FAQs
What type of property is this?
Office units - Office suite includes 20% CAF, south exposure, floor-to-ceiling windows, and wood flooring within a multi-tenant medical setting.
Where is this office units located?
The property is located at 1005-2820 Ne 214th St Aventura, FL.
What is the asking price?
The asking price for this property is $1,040,000.
What are key features of this property?
This property features: Office suite: 1,342 SF (includes 20% CAF) in a multi‑tenant medical/professional building; South exposure with floor‑to‑ceiling windows for abundant natural light plus wood flooring; Building includes 34 medical & professional offices
