Corner Office Suite with
1200 BRICKELL AVENUE Unit 1230 Miami, FL 33131
For Sale
$1,786,740
Pending
Suite 1230 is a corner office unit entered directly off the elevator landing with East and South bay-facing views.
Property Size3,684 SF
Days on Market4032
Property Features for 1200 BRICKELL AVENUE Unit 1230
General Information
- Standard status
- Pending
- Size
- 3,684 SF
- Property subtype
- General Commercial
Building Details
- Year Built
- 1982
Listing Agency:
Fairchild Partners, Inc.
(786) 390-5927
Listed By:
Jonathan Lay
(786) 390-5927
Source:
Xome
Added: Jul 13, 2015
Changed: Jul 25
Last Checked: Jul 25 at 5:50PM
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 Fairchild Partners, Inc.
Investment Insights
Based on property information with market context.
Suite 1230 at 1200 Brickell is located directly off the elevator landing and configured as a corner office unit. The suite offers East and South views looking toward the bay and Brickell Avenue.
The building is situated on the corner of Brickell Avenue and Coral Way in the heart of Miami’s Financial District. Public remarks also note the property is just blocks from Brickell City Centre.
This is an office suite within 1200 Brickell, positioned for tenants or owners seeking direct elevator access and prominent corner-window exposure.
The building is situated on the corner of Brickell Avenue and Coral Way in the heart of Miami’s Financial District. Public remarks also note the property is just blocks from Brickell City Centre.
This is an office suite within 1200 Brickell, positioned for tenants or owners seeking direct elevator access and prominent corner-window exposure.
Key Highlights
- Corner office suite 1230 entered directly off the elevator landing
- Suite 1230 offers East and South bay‑facing views
- Located on the corner of Brickell Avenue and Coral Way in Miami’s Financial District
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 | $165.8k | $45.00 |
| − Vacancy | −$24.9k | −$6.75 |
| EGI | $140.9k | $38.25 |
| − OpEx | −$35.2k | −$9.56 |
| NOI | $105.7k | $28.69 |
3,684 SF · lease $45.00/SF/yr · vacancy 15.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.51M
$1.32M – $1.76M
NOI $105,685 @ 7.0% cap · market cap 5.91%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$2.49M
$2.18M – $2.90M
NOI $174,071 @ 7.0% cap · market cap 9.74%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
The Law Office of Jonathan ...
Law Firm
Studio Legale Internazionale
Law Firm
SPI Software
(Bike/Boat/Book/etc) Store
G&G Business Developments
Real Estate Agency
DocStyle LLC
(Bike/Boat/Book/etc) Store
FAQs
What type of property is this?
Office units - Suite 1230 is a corner office unit entered directly off the elevator landing with East and South bay-facing views.
Where is this office units located?
The property is located at 1200 BRICKELL AVENUE Unit 1230 Miami, FL.
What is the asking price?
The asking price for this property is $1,786,740.
What are key features of this property?
This property features: Corner office suite 1230 entered directly off the elevator landing; Suite 1230 offers East and South bay‑facing views; Located on the corner of Brickell Avenue and Coral Way in Miami’s Financial District
