Furnished Office
12550 Biscayne Blvd, North Miami, FL 33181
For Sale
$515,000
Commercial Sale, North Miami, FL
Property Size1,032 SF
Lot Size0.02 Acres
Price / SF$499.03
Days on Market136
Property Features for 12550 Biscayne Blvd
General Information
Property type
Property subtype
Zoning description
Parking features
Security features
Lot features
Directions
Subdivision
Standard status
APN
Size
Lot size
Additional Details
Property Use
Condition
Taxes and HOA fees
Tax Description
Tax Annual Amount
HOA Fee
Legal Description
Utilities
Sewer type
Water source
Amenities
janitorial
security
valet
Building Details
Year built
Flooring type
Listing Agency:
Miami New Realty
(305) 485-3100
Listed By:
Ana Paula Lemes Alves · License FL #3262557
(305) 987-2007
Added: Jun 30
Changed: Nov 10
Last Checked: Nov 12 at 7:06PM
MLS# A11985589
Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 1,032-square-foot office unit in a professional office building has an open work area with 6 workstations, a meeting room, and a kitchen. Furnishings include sofas, a table, 8 chairs, and a TV. The unit faces north and has views of the city skyline. Tile flooring is listed among its features.
One covered, reserved parking space is included, along with access to 3 unassigned spaces on a first-come basis. Visitor valet parking is complimentary, and bathrooms are available on every floor. Building maintenance covers utilities and janitorial service 5 days per week. The property is 2.9 miles from I-95 and Bal Harbour Shops.
One covered, reserved parking space is included, along with access to 3 unassigned spaces on a first-come basis. Visitor valet parking is complimentary, and bathrooms are available on every floor. Building maintenance covers utilities and janitorial service 5 days per week. The property is 2.9 miles from I-95 and Bal Harbour Shops.
Key Highlights
- 1,032‑square‑foot office unit with 6 workstations and a meeting room
- Kitchen, TV, sofas, table, and 8 chairs included
- One covered reserved parking space and access to 3 unassigned spaces
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,798
Cap Rate
5.59%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$575,960
$576.0K
Cap Rate 7%
$411,400
$411.4K
Cap Rate 9%
$319,978
$320.0K
Market Conditions
NOI Build-Up for 1,032 SF
Gross rent
$45.8K $44.40/SF
− Vacancy
−$7.4K −$7.19/SF
EGI
$38.4K $37.21/SF
− OpEx
−$9.6K −$9.30/SF
NOI
$28.8K $27.91/SF
Area
Miami-Dade County, FL
Vacancy
16.20%
Lease Rate
$44.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$575,960
Cap Rate 7%
$411,400
Cap Rate 9%
$319,978
Alternative Uses
Best Use
Office B
$411.4K
$360.0K – $480.0K
NOI $28,798 @ 7.0% cap · market cap 5.59%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$563.5K
$493.1K – $657.5K
NOI $39,448 @ 7.0% cap · market cap 7.66%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Current Use
Lease Details
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,391
Businesses Nearby
Explore this area
Business Placement
Demographics for 33181, FL
20,955
Population
9,401
Households
2.2
Avg Household Size
39
Median Age
41%
College-Educated
91%
High-School Grad
3.0 sq mi
ZIP Area
6,985
Density / Sq Mi
$56,473
Median Household Income
$40,233
Median Earnings
$1,665
Median Rent
$315,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Office Units in Miami-Dade County, FL
Properties on Market for Office Units in Miami-Dade County
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - The workspace includes a meeting room, kitchen, and dedicated workstations.
Where is this office unit located?
The property is located at 12550 Biscayne Blvd North Miami, FL.
What is the asking price?
The asking price for this property is $515,000.
What are key features of this property?
This property features: 1,032‑square‑foot office unit with 6 workstations and a meeting room; Kitchen, TV, sofas, table, and 8 chairs included; One covered reserved parking space and access to 3 unassigned spaces
