7-Office Coworking
New
For Sale
Contact for pricing
1110 Brickell Ave # 402, Miami, FL 33131
Private offices can be leased individually, with access to a reservable meeting room and shared lounge space.
Property Size97,018 SF
Price / SF$0.10
Days on Market7
Property Features for 1110 Brickell Ave # 402
General Information
Standard status
Active
Size
97,018 SF
Property subtype
Office
Amenities
pool table or lounge area
greeting/waiting area
private meeting room for 20 people
Building Details
Building Size
97,018 SF
Listing Agency:
Compass Florida, LLC
Listed By:
Nicolas Escobar · License #3401020
(305) 318-5532
Source:
Casacollectiongroup
Added: Oct 15
Changed: Oct 21
Last Checked: Oct 20 at 10:27PM
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 Compass Florida, LLC
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,440-square-foot coworking suite contains seven private offices ranging from 130 to 372 square feet, along with a greeting and waiting area and a lounge with a pool table. A separate meeting room accommodates up to 20 people and is available by reservation. The offices may also be leased individually.
The property is on Brickell Avenue in Miami, near restaurants, cafes, shops, and major banks.
The property is on Brickell Avenue in Miami, near restaurants, cafes, shops, and major banks.
Key Highlights
- 1,440‑square‑foot suite with seven private offices
- Office areas: 177, 189, 181, 372, 130, 206, and 185 square feet
- Private offices available for individual lease
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$2,783,204
Suggested Prices Based on Cap Rates
Cap Rate 5%
$55,664,080
$55.7M
Cap Rate 7%
$39,760,057
$39.8M
Cap Rate 9%
$30,924,489
$30.9M
Market Conditions
NOI Build-Up for 97,018 SF
Gross rent
$4.37M $45.00/SF
− Vacancy
−$654.9K −$6.75/SF
EGI
$3.71M $38.25/SF
− OpEx
−$927.7K −$9.56/SF
NOI
$2.78M $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%
$55,664,080
Cap Rate 7%
$39,760,057
Cap Rate 9%
$30,924,489
Alternative Uses
Best Use
Office B
$39.76M
$34.79M – $46.39M
NOI $2,783,204 @ 7.0% cap · market cap 28,400.04%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$65.49M
$57.30M – $76.40M
NOI $4,584,144 @ 7.0% cap · market cap 46,776.98%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
12,688
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
Market
Vacancy Rate% for Office in Miami, FL
Frequently Asked Questions
What type of property is this?
Coworking space - Private offices can be leased individually, with access to a reservable meeting room and shared lounge space.
Where is this coworking space located?
The property is located at 1110 Brickell Ave # 402 Miami, FL.
What are key features of this property?
This property features: 1,440‑square‑foot suite with seven private offices; Office areas: 177, 189, 181, 372, 130, 206, and 185 square feet; Private offices available for individual lease
