Glass-Front Office
For Sale
Contact for pricing
1200 Brickell Ave # 425, Miami, FL 33131
Private offices, an enclosed conference room, and open workstations support a range of office configurations.
Property Size235,357 SF
Price / SF$0.05
Days on Market260
Property Features for 1200 Brickell Ave # 425
General Information
Standard status
Active
Size
235,357 SF
Net Rentable
2,432 SF
Property subtype
Office
Site & Location
Neighborhood
Brickell Village
Additional Details
Property Use
Office
Amenities
conference room
built-in cabinetry
IT/Server room
structured cabling
keypad-controlled access
recessed LED panel lighting
Building Details
Building Size
235,357 SF
Listing Agency:
Gidesa Realty, LLC
Listed By:
Fernando Bourrian · License #0692479
(786) 287-3219
Source:
Cofresi
Added: Feb 9
Changed: Oct 26
Last Checked: Oct 26 at 3:30PM
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 Gidesa Realty, LLC
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Investment Insights
Based on property information with market context.
This 2,432-rentable-square-foot office unit combines private offices with an open work area. Glass-front partitions and solid wood doors define the enclosed offices, while a separate glass-enclosed conference room provides a dedicated meeting space. Built-in cabinetry, a dedicated IT/server room with structured cabling, and keypad-controlled entry are among the suite’s functional features. Recessed LED panel lighting, neutral carpet, and white walls complete the interior.
Key Highlights
- 2,432 rentable square feet
- Combination of private offices and open workspace
- Glass‑enclosed conference room
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$6,751,804
Suggested Prices Based on Cap Rates
Cap Rate 5%
$135,036,080
$135.0M
Cap Rate 7%
$96,454,343
$96.5M
Cap Rate 9%
$75,020,044
$75.0M
Market Conditions
NOI Build-Up for 235,357 SF
Gross rent
$10.59M $45.00/SF
− Vacancy
−$1.59M −$6.75/SF
EGI
$9.00M $38.25/SF
− OpEx
−$2.25M −$9.56/SF
NOI
$6.75M $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%
$135,036,080
Cap Rate 7%
$96,454,343
Cap Rate 9%
$75,020,044
Alternative Uses
Best Use
Office B
$96.45M
$84.40M – $112.53M
NOI $6,751,804 @ 7.0% cap · market cap 54,450.03%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$158.87M
$139.01M – $185.35M
NOI $11,120,724 @ 7.0% cap · market cap 89,683.26%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
13,007
Businesses Nearby
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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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Market
Vacancy Rate% for Office in Miami, FL
Frequently Asked Questions
What type of property is this?
Office unit - Private offices, an enclosed conference room, and open workstations support a range of office configurations.
Where is this office unit located?
The property is located at 1200 Brickell Ave # 425 Miami, FL.
What are key features of this property?
This property features: 2,432 rentable square feet; Combination of private offices and open workspace; Glass‑enclosed conference room
