Combined Office
For Sale
$459,000
1110 Brickell Ave # 806A, Miami, FL 33131
Connected office suites offer a flexible workspace in Miami’s Brickell area.
Property Size838 SF
Price / SF$547.73
Days on Market49
Property Features for 1110 Brickell Ave # 806A
General Information
Standard status
Active
Size
838 SF
Property subtype
Office
Additional Details
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$3,778
Building Details
Building Size
838 SF
Year Built
1971
Listing Agency:
Compass Florida, LLC
Listed By:
Carolina Arenas · License #3382850
(305) 244-4204
Source:
Luxeknows
Added: Sep 4
Changed: Oct 19
Last Checked: Oct 21 at 4:27AM
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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Investment Insights
Based on property information with market context.
Offices 806A and 806B are combined into an 838-square-foot office unit at 1110 Brickell Ave. The property dates to 1971 and includes two separate folio numbers: 01-4139-091-1670 and 01-4139-091-1680. Furniture may be included with the purchase, subject to the transaction terms.
Located in Miami’s Brickell area, the office is near dining, shopping, hotels, residential condominiums, and major business hubs. The address records a Walk Score of 100, a Transit Score of 98, and a Bike Score of 78, reflecting strong access by foot, transit, and bicycle.
Located in Miami’s Brickell area, the office is near dining, shopping, hotels, residential condominiums, and major business hubs. The address records a Walk Score of 100, a Transit Score of 98, and a Bike Score of 78, reflecting strong access by foot, transit, and bicycle.
Key Highlights
- Combined offices 806A and 806B
- 838 square feet of office space
- Two separate folio numbers: 01‑4139‑091‑1670 and 01‑4139‑091‑1680
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,040
Cap Rate
5.24%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$480,800
$480.8K
Cap Rate 7%
$343,429
$343.4K
Cap Rate 9%
$267,111
$267.1K
Market Conditions
NOI Build-Up for 838 SF
Gross rent
$37.7K $45.00/SF
− Vacancy
−$5.7K −$6.75/SF
EGI
$32.1K $38.25/SF
− OpEx
−$8.0K −$9.56/SF
NOI
$24.0K $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%
$480,800
Cap Rate 7%
$343,429
Cap Rate 9%
$267,111
Alternative Uses
Best Use
Office B
$343.4K
$300.5K – $400.7K
NOI $24,040 @ 7.0% cap · market cap 5.24%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$565.7K
$495.0K – $659.9K
NOI $39,596 @ 7.0% cap · market cap 8.63%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Miami, FL
Frequently Asked Questions
What type of property is this?
Office unit - Connected office suites offer a flexible workspace in Miami’s Brickell area.
Where is this office unit located?
The property is located at 1110 Brickell Ave # 806A Miami, FL.
What is the asking price?
The asking price for this property is $459,000.
What are key features of this property?
This property features: Combined offices 806A and 806B; 838 square feet of office space; Two separate folio numbers: 01‑4139‑091‑1670 and 01‑4139‑091‑1680
