Commercial Office with Private
151 SE 15th Rd Miami, FL
For Sale
Contact for pricing
Ground floor office with private entrance, parking, and amenities.
Property Size1,353 SF
Lot Size0.90 Acres
Price / SF$849.22
Days on Market1156
Property Features for 151 SE 15th Rd
General Information
- Standard status
- Active
- Size
- 1,353 SF
- Lot size
- 0.90 Acres
- Property subtype
- OFFICE
Properties For Sale
at 151 SE 15th Rd Contact us
Listing Agency:
Kaizen Realty Partners, LLC
(305) 491-1227
Listed By:
Robert Meneses · License #0631973
(305) 491-1227
Source:
Moodyscre
Added: May 25, 2023
Changed: Jul 6
Last Checked: Jul 21 at 7:00AM
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 Kaizen Realty Partners, LLC
Investment Insights
Based on property information with market context.
This commercial ground floor office space features a private entrance and lobby. The interior includes windows throughout, and is finished with furniture, networking, and televisions. Custom features include server racks and wood trimming. The layout comprises two private offices, a kitchenette, and a private bathroom. Climate control is self-controlled HVAC, with a separate climate control system for the server room. The property includes six gated, private, assigned parking spaces, one of which has an electric car charger. City street parking is also available. Building amenities include access to a pool, gym, and barbecue area. Private security and a concierge are on site. The property size is 1353 square feet and is located at 151 SE 15th Rd, Miami, FL.
Key Highlights
- 6 private assigned parking spaces including electric car charger
- Commercial ground floor office with private entrance and lobby
- Private security and concierge on site
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $70.3k | $51.96 |
| − Vacancy | −$7.2k | −$5.35 |
| EGI | $63.1k | $46.61 |
| − OpEx | −$18.9k | −$13.98 |
| NOI | $44.1k | $32.63 |
1,353 SF · lease $51.96/SF/yr · vacancy 10.30% · expense 30.00%
Alternative Uses
Best Use
Retail
$630.6K
$551.8K – $735.7K
NOI $44,143 @ 7.0% cap · market cap 3.84%
Second Best
Office B
$554.5K
$485.2K – $646.9K
NOI $38,814 @ 7.0% cap · market cap 3.38%
Theoretical Best
Specialty Retail
$913.3K
$799.1K – $1.07M
NOI $63,930 @ 7.0% cap · market cap 5.56%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Brickell East Condo ...
Condominium Complex
Agile Courts Construction ...
Construction Company
MB Notary Services, ...
Law Firm
Morillo-Burgos Gaston MD
Physician
Omnia Machinery USA
Big Box & Wholesale Store
FAQs
What type of property is this?
Office units - Ground floor office with private entrance, parking, and amenities.
Where is this office units located?
The property is located at 151 SE 15th Rd Miami, FL.
What is the asking price?
The asking price for this property is $1,149,000.
What are key features of this property?
This property features: 6 private assigned parking spaces including electric car charger; Commercial ground floor office with private entrance and lobby; Private security and concierge on site
