Renovated Office Building with New
For Sale
Contact for pricing
1125 NE 125th St # 205, North Miami, FL 33161
Office space includes recent renovations and access to a newly installed elevator.
Property Size30,903 SF
Price / SF$0.04
Days on Market119
Property Features for 1125 NE 125th St # 205
General Information
Standard status
Active
Size
30,903 SF
Elevators
Yes
Property subtype
Office
Site & Location
Neighborhood
Downtown North Miami
Road Access
Yes
Building Details
Building Size
30,903 SF
Year Built
1971
Listing Agency:
Veritas Property Advisors LLC
Listed By:
Samuel Smith · License #3567691
(305) 310-9704
Source:
Casacollectiongroup
Added: Jul 2
Changed: Oct 26
Last Checked: Oct 26 at 11:41PM
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 Veritas Property Advisors LLC
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Investment Insights
Based on property information with market context.
Suite 205 at 1125 NE 125th St is part of a 30,903-square-foot office property built in 1971. The building has been recently painted, includes a newly installed elevator, and offers renovated office space within Gardens Corporate Center.
The property is positioned on NE 125th St in North Miami, across from Gardens Residences, a 358-unit apartment building. A five-building retail development is planned for the adjacent lot for Winter 2025. The surrounding setting is described as having heavy foot traffic and ongoing construction activity.
The property is positioned on NE 125th St in North Miami, across from Gardens Residences, a 358-unit apartment building. A five-building retail development is planned for the adjacent lot for Winter 2025. The surrounding setting is described as having heavy foot traffic and ongoing construction activity.
Key Highlights
- 30,903‑square‑foot office property built in 1971
- Suite 205 includes renovated office space
- Recently painted building exterior
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$819,084
Suggested Prices Based on Cap Rates
Cap Rate 5%
$16,381,680
$16.4M
Cap Rate 7%
$11,701,200
$11.7M
Cap Rate 9%
$9,100,933
$9.1M
Market Conditions
NOI Build-Up for 30,903 SF
Gross rent
$1.41M $45.60/SF
− Vacancy
−$317.1K −$10.26/SF
EGI
$1.09M $35.34/SF
− OpEx
−$273.0K −$8.84/SF
NOI
$819.1K $26.51/SF
Area
Miami-Dade County, FL
Vacancy
22.50%
Lease Rate
$45.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$16,381,680
Cap Rate 7%
$11,701,200
Cap Rate 9%
$9,100,933
Alternative Uses
Best Use
Office B
$11.70M
$10.24M – $13.65M
NOI $819,084 @ 7.0% cap · market cap 68,257.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$15.68M
$13.72M – $18.29M
NOI $1,097,488 @ 7.0% cap · market cap 91,457.33%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
2,165
Businesses Nearby
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Business Placement
Demographics for 33161, FL
53,015
Population
18,912
Households
2.8
Avg Household Size
37
Median Age
21%
College-Educated
81%
High-School Grad
5.5 sq mi
ZIP Area
9,639
Density / Sq Mi
$55,265
Median Household Income
$34,311
Median Earnings
$1,494
Median Rent
$376,500
Median Home Value
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - Office space includes recent renovations and access to a newly installed elevator.
Where is this office building located?
The property is located at 1125 NE 125th St # 205 North Miami, FL.
What are key features of this property?
This property features: 30,903‑square‑foot office property built in 1971; Suite 205 includes renovated office space; Recently painted building exterior
