Corner Office
For Sale
Contact for pricing
1200 Brickell Ave 860-A-B-C, Miami, FL 33131
Fully rebuilt professional suite with private offices, conference space, workstations, and a kitchenette.
Property Size2,182 SF
Price / SF$5.21
Days on Market48
Property Features for 1200 Brickell Ave 860-A-B-C
General Information
Standard status
Active
Size
2,182 SF
Net Rentable
2,182 SF
Elevators
Yes
Property subtype
Commercial
Site & Location
Neighborhood
Brickell Village
Public Transit
Yes
Building Details
Building Size
2,182 SF
Year Built
1982
Stories
20
Owner Occupied
Yes
Listing Agency:
AG Real Estate Advisors, LLC
Listed By:
Carlos Chavarro · License #A11897016
(786) 218-8964
Source:
Elliman
Added: Sep 10
Changed: Oct 25
Last Checked: Oct 26 at 6:35PM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 2,182 RSF office condominium occupies a northwest corner position with elevator-landing exposure, double-glass entry doors, and abundant natural light. The interior was fully rebuilt by the current owners for their Miami headquarters and includes a reception and waiting area, conference room, two principal offices, two junior offices, an open workstation area, copy/server room, and enclosed kitchenette. The layout also provides urban views and flexible circulation between the entry, meeting, and private office areas.
Built in 1982, the property is located at 1200 Brickell Avenue in Miami. Walk Score is 98, Transit Score is 89, and bikeScore is 80, supporting convenient access by foot, transit, and bicycle.
Built in 1982, the property is located at 1200 Brickell Avenue in Miami. Walk Score is 98, Transit Score is 89, and bikeScore is 80, supporting convenient access by foot, transit, and bicycle.
Key Highlights
- 2,182 RSF northwest corner office condominium
- Fully rebuilt interior completed by the current owners
- Two principal offices and two junior offices
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$62,596
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,251,920
$1.3M
Cap Rate 7%
$894,229
$894.2K
Cap Rate 9%
$695,511
$695.5K
Market Conditions
NOI Build-Up for 2,182 SF
Gross rent
$98.2K $45.00/SF
− Vacancy
−$14.7K −$6.75/SF
EGI
$83.5K $38.25/SF
− OpEx
−$20.9K −$9.56/SF
NOI
$62.6K $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%
$1,251,920
Cap Rate 7%
$894,229
Cap Rate 9%
$695,511
Alternative Uses
Best Use
Office B
$894.2K
$782.5K – $1.04M
NOI $62,596 @ 7.0% cap · market cap 550.78%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.47M
$1.29M – $1.72M
NOI $103,100 @ 7.0% cap · market cap 907.17%
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 - Fully rebuilt professional suite with private offices, conference space, workstations, and a kitchenette.
Where is this office unit located?
The property is located at 1200 Brickell Ave 860-A-B-C Miami, FL.
What are key features of this property?
This property features: 2,182 RSF northwest corner office condominium; Fully rebuilt interior completed by the current owners; Two principal offices and two junior offices
