Office Suite with Private
New
For Sale
Contact for pricing
1109-20200 W Dixie Hwy, Miami, FL 33146
Vacant workspace includes private offices and an open work area within a professionally managed tower.
Property Size1,289 SF
Price / SF$3.72
Days on Market7
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Property Features for 1109-20200 W Dixie Hwy
General Information
Standard status
Active
Size
1,289 SF
Class
Class A
Site & Location
Highway Access
Yes
Public Transit
Yes
Additional Details
Floor
11
Amenities
elegant lobby
secure access
concierge services
on-site management
24-hour building access
covered parking
conference facilities
spacious sixth-floor terrace
Building Details
Year Built
2016
Abandoned
No
Listing Agency:
Hartman Realty Group
Listed By:
Karin Hartman · License #3243108
(954) 663-8937
Source:
Exprealty
Added: Oct 9
Changed: Oct 13
Last Checked: Oct 14 at 11:45PM
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 Hartman Realty Group
Investment Insights
Based on property information with market context.
This vacant office suite occupies the 11th floor of Beacon Tower, a building completed in 2016. The 1,289-square-foot layout has two private offices and an open work area, with ceramic tile floors and large windows. The space is available for immediate occupancy.
Building features include secure entry, concierge service, on-site management, 24-hour access, covered parking, conference facilities, an elegant lobby, and a sixth-floor terrace. The property is in Aventura near Aventura Mall, Brightline, Biscayne Boulevard, and I-95.
Building features include secure entry, concierge service, on-site management, 24-hour access, covered parking, conference facilities, an elegant lobby, and a sixth-floor terrace. The property is in Aventura near Aventura Mall, Brightline, Biscayne Boulevard, and I-95.
Key Highlights
- 1,289‑square‑foot office suite on the 11th floor
- Two private offices and an open work area
- Ceramic tile flooring and large windows
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$36,978
Suggested Prices Based on Cap Rates
Cap Rate 5%
$739,560
$739.6K
Cap Rate 7%
$528,257
$528.3K
Cap Rate 9%
$410,867
$410.9K
Market Conditions
NOI Build-Up for 1,289 SF
Gross rent
$58.0K $45.00/SF
− Vacancy
−$8.7K −$6.75/SF
EGI
$49.3K $38.25/SF
− OpEx
−$12.3K −$9.56/SF
NOI
$37.0K $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%
$739,560
Cap Rate 7%
$528,257
Cap Rate 9%
$410,867
Alternative Uses
Best Use
Office B
$528.3K
$462.2K – $616.3K
NOI $36,978 @ 7.0% cap · market cap 770.38%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$870.1K
$761.3K – $1.02M
NOI $60,906 @ 7.0% cap · market cap 1,268.88%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
4,371
Businesses Nearby
Explore this area
Business Placement
Demographics for 33146, FL
16,468
Population
6,788
Households
2.4
Avg Household Size
29
Median Age
75%
College-Educated
98%
High-School Grad
3.1 sq mi
ZIP Area
5,312
Density / Sq Mi
$124,712
Median Household Income
$41,105
Median Earnings
$2,774
Median Rent
$1,141,800
Median Home Value
Market
Vacancy Rate% for Office in Miami, FL
Frequently Asked Questions
What type of property is this?
Office units - Vacant workspace includes private offices and an open work area within a professionally managed tower.
Where is this office units located?
The property is located at 1109-20200 W Dixie Hwy Miami, FL.
What are key features of this property?
This property features: 1,289‑square‑foot office suite on the 11th floor; Two private offices and an open work area; Ceramic tile flooring and large windows
