1200 Brickell Ave 505-B, Miami, FL 33131
Functional 2,146 SF office in the heart of Brickell.
- Added:
- Apr 24, 2026
- Days on Market:
- 48
- Last Refresh:
- Apr 24 at 3:08 pm
Property Features for 1200 Brickell Ave 505-B
General Information
- Standard status
- Active
- Size
- 2,146 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1982
Listing agent Barbara Gretsch License #3643446 (773) 208-2992
Listing office BHHS EWM Realty (773) 208-2992
Listing date Apr 24, 2026
Source Elliman
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HighLights
- Move‑in ready, updated 2,146 sq ft office suite.
- Prime Brickell location at 1200 Brickell Avenue.
- Functional layout featuring 4 private offices, reception, conference room, printer/copy room, and kitchenette.
- Overlooks planned landscaped garden pavilion and Ora by Casa Tua development.
- Suitable for owner‑user or investor.
- Good transit score (64).
Overview
Local 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 | $96.6k | $45.00 |
| − Vacancy | −$14.5k | −$6.75 |
| EGI | $82.1k | $38.25 |
| − OpEx | −$20.5k | −$9.56 |
| NOI | $61.6k | $28.69 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Miami
- County
- Miami-Dade
- State
- Florida
- Longitude
- -80.192667
- Latitude
- 25.762058