Renovated Office
12567 NE 7th Ave, North Miami, FL 33161
For Sale
Contact for pricing
First-floor space offers an ADA-accessible layout with private offices, a conference room, and two bathrooms.
Property Size1,170 SF
Price / SF$2.56
Days on Market34
Property Features for 12567 NE 7th Ave
General Information
Standard status
Size
Property subtype
Space & Availability
Floor
Condition
Site & Location
Neighborhood
Highway Access
Additional Details
Property Use
Building Details
Building Size
Year Built
Year Renovated
Listing Agency:
Julies Realty, LLC
Listed By:
Jessica Supp · License #3430670
(786) 302-1010
Source:
Diannalantiguarealty
Added: Oct 5
Changed: Nov 6
Last Checked: Nov 7 at 2:25PM
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 Julies Realty, LLC
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Investment Insights
Based on property information with market context.
A renovated 1,170-square-foot office unit occupies the first floor and provides ADA access. Its glass frontage opens into a waiting and reception area, with a flexible plan for three private offices and a conference room or four offices. Two bathrooms serve the space. Renovation was completed in 2017; the building dates to 1960.
The property is in North Miami near NE 123rd Street, MOCA, and the police department. I-95 is approximately five minutes away. Parking is available in a free on-site lot and along the street.
The property is in North Miami near NE 123rd Street, MOCA, and the police department. I-95 is approximately five minutes away. Parking is available in a free on-site lot and along the street.
Key Highlights
- 1,170 square feet of first‑floor office space
- Renovated in 2017; building constructed in 1960
- ADA‑accessible suite with glass frontage and a waiting/reception area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,011
Suggested Prices Based on Cap Rates
Cap Rate 5%
$620,220
$620.2K
Cap Rate 7%
$443,014
$443.0K
Cap Rate 9%
$344,567
$344.6K
Market Conditions
NOI Build-Up for 1,170 SF
Gross rent
$53.4K $45.60/SF
− Vacancy
−$12.0K −$10.26/SF
EGI
$41.3K $35.34/SF
− OpEx
−$10.3K −$8.84/SF
NOI
$31.0K $26.51/SF
Area
Miami-Dade County, FL
Vacancy
22.50%
Lease Rate
$45.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$620,220
Cap Rate 7%
$443,014
Cap Rate 9%
$344,567
Alternative Uses
Best Use
Office B
$443.0K
$387.6K – $516.9K
NOI $31,011 @ 7.0% cap · market cap 1,033.70%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$593.6K
$519.4K – $692.5K
NOI $41,551 @ 7.0% cap · market cap 1,385.03%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,165
Businesses Nearby
Explore this area
Business Placement
Demographics for 33161, FL
53,015
Population
18,912
Households
2.8
Avg Household Size
37
Median Age
21%
College-Educated
81%
High-School Grad
5.5 sq mi
ZIP Area
9,639
Density / Sq Mi
$55,265
Median Household Income
$34,311
Median Earnings
$1,494
Median Rent
$376,500
Median Home Value
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Market
Average Price Trend$/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 - First-floor space offers an ADA-accessible layout with private offices, a conference room, and two bathrooms.
Where is this office unit located?
The property is located at 12567 NE 7th Ave North Miami, FL.
What are key features of this property?
This property features: 1,170 square feet of first‑floor office space; Renovated in 2017; building constructed in 1960; ADA‑accessible suite with glass frontage and a waiting/reception area
