Office Suite with Conference
New
For Sale
$1,235,000
1200 Brickell Ave 1270-a-d, Miami, FL 33131
Five enclosed offices complement an open work area and dedicated break room.
Property Size2,495 SF
Price / SF$494.99
Days on Market6
Property Features for 1200 Brickell Ave 1270-a-d
General Information
Standard status
Active
Size
2,495 SF
Net Rentable
2,495 SF
Property subtype
CommercialSale
Zoning
6407
Site & Location
Neighborhood
Brickell Village
Public Transit
Yes
Additional Details
Condition
Turnkey
Property Use
Office
Taxes and HOA fees
Annual Taxes
$18,249
Amenities
dedicated conference room
fully equipped break room
Carpet
true
Public
2495
Covered,Other
Building Details
Building Size
2,495 SF
Year Built
1982
Listing Agency:
AG Real Estate Advisors, LLC
(786) 744-4615
Listed By:
Dariel Paula
Source:
Lacostahomesrealty
Added: Oct 26
Changed: Oct 28
Last Checked: Oct 28 at 4:11PM
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 AG Real Estate Advisors, LLC
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Investment Insights
Based on property information with market context.
At 1200 Brickell Ave, this 2,495-square-foot office suite includes five private offices, a conference room, a break room, and an open area suitable for workstations. Carpet is listed among the interior features, and the building was constructed in 1982. The layout combines enclosed rooms with a larger shared workspace, providing a mix of settings for day-to-day office functions.
The property is in Brickell, with access to Miami’s financial district, dining, retail, and transit options. The suite is identified as unit 1270-A-D at 1200 Brickell Ave, Miami, Florida.
The property is in Brickell, with access to Miami’s financial district, dining, retail, and transit options. The suite is identified as unit 1270-A-D at 1200 Brickell Ave, Miami, Florida.
Key Highlights
- 2,495 rentable square feet
- Five private offices, a dedicated conference room, break room, and open area
- Located at 1200 Brickell Ave in Brickell, with access to Miami’s financial district, dining, retail, and transit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$71,575
Cap Rate
5.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,431,500
$1.4M
Cap Rate 7%
$1,022,500
$1.0M
Cap Rate 9%
$795,278
$795.3K
Market Conditions
NOI Build-Up for 2,495 SF
Gross rent
$112.3K $45.00/SF
− Vacancy
−$16.8K −$6.75/SF
EGI
$95.4K $38.25/SF
− OpEx
−$23.9K −$9.56/SF
NOI
$71.6K $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%
$1,431,500
Cap Rate 7%
$1,022,500
Cap Rate 9%
$795,278
Alternative Uses
Best Use
Office B
$1.02M
$894.7K – $1.19M
NOI $71,575 @ 7.0% cap · market cap 5.80%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.68M
$1.47M – $1.96M
NOI $117,890 @ 7.0% cap · market cap 9.55%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
13,007
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
Market
Vacancy Rate% for Office in Miami, FL
Frequently Asked Questions
What type of property is this?
Office unit - Five enclosed offices complement an open work area and dedicated break room.
Where is this office unit located?
The property is located at 1200 Brickell Ave 1270-a-d Miami, FL.
What is the asking price?
The asking price for this property is $1,235,000.
What are key features of this property?
This property features: 2,495 rentable square feet; Five private offices, a dedicated conference room, break room, and open area; Located at 1200 Brickell Ave in Brickell, with access to Miami’s financial district, dining, retail, and transit
