Office Unit with Floor-to-Ceiling
1200 Brickell Avenue 210, Miami, FL 33131
For Sale
$1,050,000
Secure entry and available parking support convenient day-to-day access.
Property Size2,038 SF
Price / SF$515.21
Days on Market50
Property Features for 1200 Brickell Avenue 210
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Highway Access
Public Transit
Amenities
floor-to-ceiling windows
secure access
Building Details
Building Size
Listing Agency:
E. L. S. Realty Corp.
Listed By:
Edward L Schmidt · License FL #0473167
(786) 697-6223
Source:
Silverleafrealtygroup
Added: Sep 24
Changed: Nov 4
Last Checked: Nov 10 at 3:56PM
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 E. L. S. Realty Corp.
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Suite 210 at 1200 Brickell Avenue contains 2,038 square feet and is offered for sale or lease. Floor-to-ceiling windows bring natural light into the office, and the property has secure access with parking available, including additional parking options.
The suite is in Miami’s Brickell financial district, within walking distance of Brickell City Centre and Mary Brickell Village. Metromover service, I-95, and Miami International Airport are accessible from the area, which also has residential, retail, and dining uses nearby.
The suite is in Miami’s Brickell financial district, within walking distance of Brickell City Centre and Mary Brickell Village. Metromover service, I-95, and Miami International Airport are accessible from the area, which also has residential, retail, and dining uses nearby.
Key Highlights
- 2,038 SF office suite
- Floor‑to‑ceiling windows provide natural light
- Secure property access with parking available; additional parking is offered
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$58,465
Cap Rate
5.57%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,169,300
$1.2M
Cap Rate 7%
$835,214
$835.2K
Cap Rate 9%
$649,611
$649.6K
Market Conditions
NOI Build-Up for 2,038 SF
Gross rent
$91.7K $45.00/SF
− Vacancy
−$13.8K −$6.75/SF
EGI
$78.0K $38.25/SF
− OpEx
−$19.5K −$9.56/SF
NOI
$58.5K $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%
$1,169,300
Cap Rate 7%
$835,214
Cap Rate 9%
$649,611
Alternative Uses
Best Use
Office B
$835.2K
$730.8K – $974.4K
NOI $58,465 @ 7.0% cap · market cap 5.57%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.38M
$1.20M – $1.60M
NOI $96,296 @ 7.0% cap · market cap 9.17%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Highway access
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
$621,700
Median Home Value
Market
Average Price Trend$/SF for Office Units in Miami, FL
Properties on Market for Office Units in Miami
Vacancy Rate% for Office in Miami, FL
Frequently Asked Questions
What type of property is this?
Office unit - Secure entry and available parking support convenient day-to-day access.
Where is this office unit located?
The property is located at 1200 Brickell Avenue 210 Miami, FL.
What is the asking price?
The asking price for this property is $1,050,000.
What are key features of this property?
This property features: 2,038 SF office suite; Floor‑to‑ceiling windows provide natural light; Secure property access with parking available; additional parking is offered
