Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    19370 Collins Ave, Unit CU-6 Sunny Isles Beach, FL 33160

    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    200 Sqft office space in a prime Sunny Isles location.

    Lot size:
    200.00 Acres

    Property Features for 19370 Collins Ave

    General Information

    Lot size
    200.00 Acres

    Building Details

    Year built
    1972

    We can help!

    Listing Contact
    Perla Bejer
    Source: Elliman

    Listing Agent: Perla Bejer

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Professional Office Space in Sunny Isles

    This 200 sqft office space is located on the first floor of a residential building that includes commercial spaces. Situated in a sought-after area of Sunny Isles, the location benefits from high foot traffic and excellent exposure. The office includes one assigned parking space. It is conveniently located steps from the beach and close to Aventura Mall and Fresh Market, with easy access to I-95. This space is suitable for any type of business except real estate.
    Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Sunny Isles Beach
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.1467
    Latitude
    25.9339

    Nearby Similar for Sale

    • New
      $299,000
      1,800 SF

      Turnkey Restaurant in Sunny Isles

      Fully equipped restaurant for sale in Sunny Isles Beach, Florida.
      Mexican Restaurant For Sale In Sunny Is Bch, Sunny Isles Beach, FL 33160
      View Details
    • New
      Contact for pricing
      1,200 SF

      Turnkey Med Spa Opportunity

      Fully equipped medical spa for sale in Sunny Isles Beach.
      Spa Sunny Is Collins Ave, Sunny Isles Beach, FL 33160
      View Details
    • $130,000

      Retail Business in Sunny Isles

      Established retail business for sale in prime Sunny Isles location.
      19201 Collins Ave #, Sunny Isles Beach, FL 33160
      View Details
    • $50,000

      Turnkey Laser & Aesthetic Business

      Fully equipped laser and aesthetic business in Sunny Isles Beach.
      Sunny Isles Beach, FL 33160
      View Details
    • Contact for pricing

      Oceania Island 60' Boat Slip

      60' boat slip with water, electricity, storage, and security.
      16400 Boatslip Collins, Sunny Isles Beach, FL 33160
      View Details
    • $1,500,000

      Medical Spa in Sunny Isles

      Turnkey medical spa business opportunity in Sunny Isles Beach.
      Sunny Isles Beach, FL 33160
      View Details
    • $429,000

      Sunny Isles Junior Suite

      21st-floor suite with ocean view, rental options available.
      18001 SE Collins Ave, Sunny Isles Beach, FL 33160
      View Details
    • $425,000

      Sunny Isles Beach Condo with Views

      2-bed, 2-bath condo with Intracoastal and city views.
      300 Bayview Dr, Sunny Isles Beach, FL 33160
      View Details
    • $8,000,000

      Sunny Isles Beach Income Portfolio

      12-unit income-producing portfolio in Sunny Isles Beach, Florida.
      19370 Collins Ave, Sunny Isles Beach, FL 33160
      View Details
    • $25,000,000

      Luxury Oceanfront Residence with Private Pool

      Spacious two-story residence with private pool, spa, and garage.
      17901 Collins Sf4, Sunny Isles Beach, FL 33160
      View Details
    • $2,800,000

      Beachfront Duplex Development Opportunity

      Corner lot duplex in Sunny Isles Beach, a development opportunity.
      18825 Atlantic Blvd, Sunny Isles Beach, FL 33160
      View Details
    • $300,000

      Profitable Restaurant Asset Sale

      Fully equipped restaurant in busy Collins Ave with permits.
      18146 Collins Ave, Sunny Isles Beach, FL 33160
      View Details

    FAQs

    What type of property is this?
    Office space - 200 Sqft office space in a prime Sunny Isles location.
    Where is this office space located?
    The property is located at 19370 Collins Ave, Unit CU-6 Sunny Isles Beach, FL.
    What is the asking price?
    The asking price for this property is $1,200.
    What are key features of this property?
    This property features: - Prime location in Sunny Isles with high foot traffic and excellent exposure; - Includes one assigned parking space; - Conveniently located steps from the beach
    (786) 380-9778
    Request Owner's contact information
    19370 Collins Ave, Unit CU-6 Sunny Isles Beach, FL 33160
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    19370 Collins Ave, Unit CU-6
    Sunny Isles Beach, FL 33160
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    19370 Collins Ave, Unit CU-6 Sunny Isles Beach, FL 33160
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Perla Bejer
    Real Estate License ID: 3068093
    (786) 380-9778
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.