Office Units with On-Site
For Sale
Contact for pricing
1235 SW 22nd St, Miami, FL 33145
Commercial space along Coral Way with storefront exposure, signage opportunity, and access to established residential and business areas.
Property Size5,864 SF
Price / SF$1.36
Days on Market133
Property Features for 1235 SW 22nd St
General Information
Standard status
Active
Size
5,864 SF
Property subtype
Office
Site & Location
Neighborhood
Allapattah Industrial District
Road Access
Yes
Building Details
Building Size
5,864 SF
Year Built
1978
Listing Agency:
Fausto Commercial Realty Consultants Inc
Listed By:
Giovanni Bertolotti · License #3257942
(786) 229-2419
Source:
Allyandaj
Added: Jun 26
Changed: Oct 31
Last Checked: Nov 4 at 9:18PM
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 Fausto Commercial Realty Consultants Inc
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 5,864-square-foot commercial property, built in 1978, is configured for office-oriented occupancy with storefront exposure and signage visibility along Coral Way. The space can support retail, medical, professional service, and showroom concepts, providing flexibility for an owner-user or commercial operator.
The property is located at 1235 SW 22nd St in Miami, between Brickell and Little Havana. Its setting along an established commercial corridor places it near dense residential neighborhoods and professional offices, with vehicular traffic along Coral Way. More than 10 on-site parking spaces provide parking for customers and employees, a practical feature for an office or service-oriented business.
The property is located at 1235 SW 22nd St in Miami, between Brickell and Little Havana. Its setting along an established commercial corridor places it near dense residential neighborhoods and professional offices, with vehicular traffic along Coral Way. More than 10 on-site parking spaces provide parking for customers and employees, a practical feature for an office or service-oriented business.
Key Highlights
- 5,864 SF commercial property
- Office‑oriented space with storefront exposure along Coral Way
- More than 10 on‑site parking spaces
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$168,224
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,364,480
$3.4M
Cap Rate 7%
$2,403,200
$2.4M
Cap Rate 9%
$1,869,156
$1.9M
Market Conditions
NOI Build-Up for 5,864 SF
Gross rent
$263.9K $45.00/SF
− Vacancy
−$39.6K −$6.75/SF
EGI
$224.3K $38.25/SF
− OpEx
−$56.1K −$9.56/SF
NOI
$168.2K $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%
$3,364,480
Cap Rate 7%
$2,403,200
Cap Rate 9%
$1,869,156
Alternative Uses
Best Use
Retail
$2.73M
$2.39M – $3.19M
NOI $191,317 @ 7.0% cap · market cap 2,391.46%
Second Best
Office B
$2.40M
$2.10M – $2.80M
NOI $168,224 @ 7.0% cap · market cap 2,102.80%
Theoretical Best
Specialty Retail
$3.96M
$3.46M – $4.62M
NOI $277,077 @ 7.0% cap · market cap 3,463.46%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
4,517
Businesses Nearby
Explore this area
Business Placement
Demographics for 33145, FL
29,737
Population
12,773
Households
2.3
Avg Household Size
44
Median Age
42%
College-Educated
85%
High-School Grad
2.5 sq mi
ZIP Area
11,895
Density / Sq Mi
$70,592
Median Household Income
$43,039
Median Earnings
$1,769
Median Rent
$560,300
Median Home Value
Market
Average Price Trend$/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 - Commercial space along Coral Way with storefront exposure, signage opportunity, and access to established residential and business areas.
Where is this office unit located?
The property is located at 1235 SW 22nd St Miami, FL.
What are key features of this property?
This property features: 5,864 SF commercial property; Office‑oriented space with storefront exposure along Coral Way; More than 10 on‑site parking spaces
