Office
New
For Sale
Contact for pricing
123 NW 14th Street Unit 202, Miami, FL 33136
Completed in 2025, the space offers a substantial footprint for office occupancy.
Property Size3,050 SF
Price / SF$0.70
Days on Market3
Property Features for 123 NW 14th Street Unit 202
General Information
Standard status
Active
Size
3,050 SF
Property subtype
Commercial
Lease Term
[]
Additional Details
Highway Access
Yes
Building Details
Year Built
2025
Listing Agency:
One Sotheby's International Realty
Listed By:
Joey Vanas · License #SL3645301
(702) 759-9469
Source:
Onesothebysrealty
Added: Oct 15
Changed: Oct 16
Last Checked: Oct 16 at 8:39AM
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 One Sotheby's International Realty
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Investment Insights
Based on property information with market context.
Unit 202 is a 10,800-square-foot office property in Miami, completed in 2025. Its address is 123 NW 14th St, Miami, FL 33136.
The property is minutes from Downtown Miami, Wynwood, the Design District, and Brickell. The description also notes connectivity to Miami Beach and Miami International Airport.
The property is minutes from Downtown Miami, Wynwood, the Design District, and Brickell. The description also notes connectivity to Miami Beach and Miami International Airport.
Key Highlights
- 10,800‑square‑foot office property
- Completed in 2025
- Located at 123 NW 14th St # 202, Miami, FL 33136
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$87,497
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,749,940
$1.7M
Cap Rate 7%
$1,249,957
$1.2M
Cap Rate 9%
$972,189
$972.2K
Market Conditions
NOI Build-Up for 3,050 SF
Gross rent
$137.3K $45.00/SF
− Vacancy
−$20.6K −$6.75/SF
EGI
$116.7K $38.25/SF
− OpEx
−$29.2K −$9.56/SF
NOI
$87.5K $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%
$1,749,940
Cap Rate 7%
$1,249,957
Cap Rate 9%
$972,189
Alternative Uses
Best Use
Office B
$1.25M
$1.09M – $1.46M
NOI $87,497 @ 7.0% cap · market cap 4,117.51%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$2.06M
$1.80M – $2.40M
NOI $144,114 @ 7.0% cap · market cap 6,781.84%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
4,307
Businesses Nearby
Explore this area
Business Placement
Demographics for 33136, FL
15,439
Population
7,994
Households
1.9
Avg Household Size
36
Median Age
25%
College-Educated
73%
High-School Grad
1.4 sq mi
ZIP Area
11,028
Density / Sq Mi
$43,481
Median Household Income
$34,130
Median Earnings
$1,337
Median Rent
$352,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Miami, FL
Frequently Asked Questions
What type of property is this?
Office units - Completed in 2025, the space offers a substantial footprint for office occupancy.
Where is this office units located?
The property is located at 123 NW 14th Street Unit 202 Miami, FL.
What are key features of this property?
This property features: 10,800‑square‑foot office property; Completed in 2025; Located at 123 NW 14th St # 202, Miami, FL 33136
