Turnkey Office Suite with Conference
For Sale
$1,235,000
1200 Brickell Avenue #1270AD, Miami, FL 33131
Move-in-ready office suite with five private offices, a conference room, break room, and open workspace.
Property Size2,495 SF
Price / SF$494.99
Days on Market28
Property Features for 1200 Brickell Avenue #1270AD
General Information
Standard status
Active
Size
2,495 SF
Building Details
Year Built
1982
Listing Agency:
AG Real Estate Advisors, LLC
(786) 218-8964
Listed By:
Carlos A Chavarro · License #A12056765
(786) 218-8964
Source:
Laerrealty
Added: Jul 3
Changed: Jul 20
Last Checked: Jul 30 at 2:56AM
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 AG Real Estate Advisors, LLC
Investment Insights
Based on property information with market context.
Turnkey 2,495 rentable square foot office suite at 1200 Brickell Avenue. The space is laid out with five private offices, a dedicated conference room, a fully equipped break room, and a generous open area suited for workstations or collaborative use. High-quality finishes and an efficient floor plan support a polished, ready-to-occupy environment for professional teams.
Located in the heart of Brickell, the building offers immediate proximity to Miami’s financial district and nearby dining, retail, and transit options.
Located in the heart of Brickell, the building offers immediate proximity to Miami’s financial district and nearby dining, retail, and transit options.
Key Highlights
- 2,495 rentable SF office suite in 1200 Brickell
- Includes five private offices plus a dedicated conference room
- Fully equipped break room and open area for workstations or collaboration
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 | $112.3k | $45.00 |
| − Vacancy | −$16.8k | −$6.75 |
| EGI | $95.4k | $38.25 |
| − OpEx | −$23.9k | −$9.56 |
| NOI | $71.6k | $28.69 |
2,495 SF · lease $45.00/SF/yr · vacancy 15.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.02M
$894.7K – $1.19M
NOI $71,575 @ 7.0% cap · market cap 5.80%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.68M
$1.47M – $1.96M
NOI $117,890 @ 7.0% cap · market cap 9.55%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
13,007
Businesses Nearby
Explore this area
Business Placement
Demographics for 33131, FL
26,213
Population
18,872
Households
1.4
Avg Household Size
37
Median Age
77%
College-Educated
98%
High-School Grad
0.5 sq mi
ZIP Area
52,426
Density / Sq Mi
$143,114
Median Household Income
$86,331
Median Earnings
$2,847
Median Rent
$621,700
Median Home Value
Market
Vacancy Rate% for Office in Miami, FL
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Move-in-ready office suite with five private offices, a conference room, break room, and open workspace.
Where is this office units located?
The property is located at 1200 Brickell Avenue #1270AD Miami, FL.
What is the asking price?
The asking price for this property is $1,235,000.
What are key features of this property?
This property features: 2,495 rentable SF office suite in 1200 Brickell; Includes five private offices plus a dedicated conference room; Fully equipped break room and open area for workstations or collaboration
