Remodeled Office Suites For
For Sale
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11921- 11975 South Dixie Highway, Miami, FL 33156
Remodeled office suites with high ceilings and ample parking.
Property Size34,306 SF
Price / SF$0.03
Days on Market335
Property Features for 11921- 11975 South Dixie Highway
General Information
Standard status
Active
Size
34,306 SF
Class
B
Property subtype
Office
Lease Term
Full Service
Building Details
Building Size
34,306 SF
Year Built
1990
Properties For Sale
at 11921- 11975 South Dixie Highway Contact us217
Size
247 SF
Type
Office Building
Term
Negotiable
218
Size
247 SF
Type
Office Building
Term
Negotiable
Listing Agency:
NAI Miami - Corporate
Listed By:
Sherry Halstead
(786) 260-0403
Source:
Naiglobal
Added: Nov 22, 2025
Changed: Oct 14
Last Checked: Oct 23 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 NAI Miami - Corporate
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Investment Insights
Based on property information with market context.
The property features remodeled office suites located on the second floor of Pinecrest Center. High ceilings and well-lit hallways enhance the interior environment. Ample parking is available. A separate entrance provides secured access 24 hours a day, 7 days a week, and security cameras are in place. Shared conference room and restrooms are nicely appointed. Comcast 1G internet service is included. The property is conveniently located within walking distance of established national and local retailers, restaurants, and grocery stores. The property is well-maintained by a responsible and accessible property management firm. The property size is 34306 square feet.
Key Highlights
- Secure 24/7 access with separate entrance and security cameras.
- Comcast 1G internet included.
- Nicely appointed shared conference room and restrooms.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$984,153
Suggested Prices Based on Cap Rates
Cap Rate 5%
$19,683,060
$19.7M
Cap Rate 7%
$14,059,329
$14.1M
Cap Rate 9%
$10,935,033
$10.9M
Market Conditions
NOI Build-Up for 34,306 SF
Gross rent
$1.54M $45.00/SF
− Vacancy
−$231.6K −$6.75/SF
EGI
$1.31M $38.25/SF
− OpEx
−$328.1K −$9.56/SF
NOI
$984.2K $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%
$19,683,060
Cap Rate 7%
$14,059,329
Cap Rate 9%
$10,935,033
Alternative Uses
Best Use
Office B
$14.06M
$12.30M – $16.40M
NOI $984,153 @ 7.0% cap · market cap 93,728.86%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$23.16M
$20.26M – $27.02M
NOI $1,620,974 @ 7.0% cap · market cap 154,378.48%
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
1,593
Businesses Nearby
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Business Placement
Demographics for 33156, FL
34,036
Population
13,215
Households
2.6
Avg Household Size
42
Median Age
66%
College-Educated
97%
High-School Grad
13.9 sq mi
ZIP Area
2,449
Density / Sq Mi
$134,720
Median Household Income
$66,117
Median Earnings
$1,936
Median Rent
$1,063,100
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 - Remodeled office suites with high ceilings and ample parking.
Where is this office unit located?
The property is located at 11921- 11975 South Dixie Highway Miami, FL.
What are key features of this property?
This property features: Secure 24/7 access with separate entrance and security cameras.; Comcast 1G internet included.; Nicely appointed shared conference room and restrooms.
