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Corner Office Unit
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11031104-175 Sw 7th St, Miami, FL 33182

A glass-partitioned layout includes dedicated meeting rooms, reception, support areas, and a kitchenette.

Property Size3,167 SF
Price / SF$5.05
Days on Market5

Property Features for 11031104-175 Sw 7th St

General Information

Standard status Active
Size 3,167 SF
Class Class A
Total Parking Spaces 6

Site & Location

Highway Access Yes
Public Transit Yes

Additional Details

Condition Move-in Ready
Property Use Office

Amenities

24-hour building access
after-hours air-conditioning service
Listing Agency: One Sotheby's International Realty
Listed By: Wendy Cohen · License #3219009
Source: Exprealty
Added: Oct 20 Changed: Oct 23 Last Checked: Oct 23 at 5:41PM

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 One Sotheby's International Realty

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Investment Insights

Based on property information with market context.

This 3,167-square-foot office unit occupies a corner position at The Latitude on Brickell and has floor-to-ceiling windows with east-facing city views. Its interior includes private glass-partitioned offices, three conference rooms, a reception area, a server room, a copy room, and a kitchenette. Six assigned parking spaces are included.

The property is in Miami’s financial district, within walking distance of Brickell City Centre, Mary Brickell Village, the Metromover, and Metrorail. I-95 is immediately accessible, and Miami International Airport is a short drive away.

The building provides 24-hour access and after-hours air conditioning. HOA fees cover electricity, air conditioning, internet, and cable.

Key Highlights

  • 3,167 square feet in the building’s largest available floor plan
  • Corner office with floor‑to‑ceiling windows and east‑facing city views
  • Three conference rooms, private offices, reception, server and copy rooms, and kitchenette

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$90,853
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,817,060 $1.8M
Cap Rate 7%
$1,297,900 $1.3M
Cap Rate 9%
$1,009,478 $1.0M
Market Conditions
NOI Build-Up for 3,167 SF
Gross rent
$142.5K $45.00/SF
− Vacancy
−$21.4K −$6.75/SF
EGI
$121.1K $38.25/SF
− OpEx
−$30.3K −$9.56/SF
NOI
$90.9K $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%
$1,817,060
Cap Rate 7%
$1,297,900
Cap Rate 9%
$1,009,478

Alternative Uses

Best Use
Office B
$1.30M
$1.14M – $1.51M (±1% cap)
NOI $90,853 @ 7.0% cap · market cap 567.83%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$2.14M
$1.87M – $2.49M (±1% cap)
NOI $149,642 @ 7.0% cap · market cap 935.26%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Real Estate Agency Dental Office Hair Salon Restaurant Spa & Massage Center Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

219
Businesses Nearby

Demographics for 33182, FL

13,310
Population
4,245
Households
3.1
Avg Household Size
45
Median Age
42%
College-Educated
88%
High-School Grad
3.5 sq mi
ZIP Area
3,803
Density / Sq Mi
$96,992
Median Household Income
$41,150
Median Earnings
$2,329
Median Rent
$473,200
Median Home Value

Market

Vacancy Rate% for Office in Miami, FL

12.4% 2019
16.3% 2020
17% 2021
16.1% 2022
15% 2023
16.1% 2024
15.2% 2025

Frequently Asked Questions

What type of property is this?
Office unit - A glass-partitioned layout includes dedicated meeting rooms, reception, support areas, and a kitchenette.
Where is this office unit located?
The property is located at 11031104-175 Sw 7th St Miami, FL.
What are key features of this property?
This property features: 3,167 square feet in the building’s largest available floor plan; Corner office with floor‑to‑ceiling windows and east‑facing city views; Three conference rooms, private offices, reception, server and copy rooms, and kitchenette
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