Built-Out Office
1200 Brickell Ave Unit 950-A Miami, FL 33131
For Sale
$3,899,000
Half-floor office suite with 18 private offices, conference rooms, reception, and an open bullpen with cubicles.
Property Size5,873 SF
Price / SF$663.89
Days on Market394
Property Features for 1200 Brickell Ave Unit 950-A
General Information
- Standard status
- Active
- Size
- 5,873 SF
- Property subtype
- Office
Building Details
- Year Built
- 1982
Listing Agency:
Globalty Investment LLC
(561) 945-4345
Listed By:
Thomas Pichet · License #A11729801
(561) 945-4345
Source:
Xome
Added: Jun 26, 2025
Changed: Jul 21
Last Checked: Jul 23 at 3:53AM
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 Globalty Investment LLC
Investment Insights
Based on property information with market context.
This fully built-out half-floor office suite is designed for a professional, contemporary workplace. The space includes 18 private offices, three conference rooms, a break area with kitchenette, and a reception area with two phone booths. An open bullpen currently provides seating for 10 cubicles.
Located at 1200 Brickell Ave in the heart of Brickell at the intersection of Brickell Avenue and SW 13th (Coral Way), the building offers a modern lobby and circular drive with security. The property also includes an on-site Dirty French restaurant and is served by public transportation, with shopping and dining nearby.
The suite configuration supports both private office workflows and collaborative team use, with dedicated meeting rooms alongside an open bullpen area.
Located at 1200 Brickell Ave in the heart of Brickell at the intersection of Brickell Avenue and SW 13th (Coral Way), the building offers a modern lobby and circular drive with security. The property also includes an on-site Dirty French restaurant and is served by public transportation, with shopping and dining nearby.
The suite configuration supports both private office workflows and collaborative team use, with dedicated meeting rooms alongside an open bullpen area.
Key Highlights
- Half‑floor office suite in 1200 Brickell (Class A), built in 1982
- Layout includes 18 private offices, 3 conference rooms, and a reception area
- Open bullpen with 10 cubicles, plus break area with kitchenette
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $264.3k | $45.00 |
| − Vacancy | −$39.6k | −$6.75 |
| EGI | $224.6k | $38.25 |
| − OpEx | −$56.2k | −$9.56 |
| NOI | $168.5k | $28.69 |
5,873 SF · lease $45.00/SF/yr · vacancy 15.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$2.41M
$2.11M – $2.81M
NOI $168,482 @ 7.0% cap · market cap 4.32%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$3.96M
$3.47M – $4.63M
NOI $277,502 @ 7.0% cap · market cap 7.12%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
The Law Office of Jonathan ...
Law Firm
Studio Legale Internazionale
Law Firm
SPI Software
(Bike/Boat/Book/etc) Store
G&G Business Developments
Real Estate Agency
DocStyle LLC
(Bike/Boat/Book/etc) Store
FAQs
What type of property is this?
Office units - Half-floor office suite with 18 private offices, conference rooms, reception, and an open bullpen with cubicles.
Where is this office units located?
The property is located at 1200 Brickell Ave Unit 950-A Miami, FL.
What is the asking price?
The asking price for this property is $3,899,000.
What are key features of this property?
This property features: Half‑floor office suite in 1200 Brickell (Class A), built in 1982; Layout includes 18 private offices, 3 conference rooms, and a reception area; Open bullpen with 10 cubicles, plus break area with kitchenette
