Luxury Office Suite with Conference
For Sale
$715,000
Pending
2980 NE 207th St Unit 609, Aventura, FL 33180
Office suite in Aventura Park Square with a conference room, wellness center, and three covered parking spaces.
Property Size990 SF
Days on Market2242
Property Features for 2980 NE 207th St Unit 609
General Information
Standard status
Pending
Size
990 SF
Total Parking Spaces
3
Property subtype
General Commercial
Amenities
conference room
wellness center
restaurants
Starbucks
hotel
3
3 Parking Spaces.
Building Details
Year Built
2018
Listing Agency:
One Sotheby's International Realty
(305) 794-6842
Listed By:
Claudia De Sao Jose Negri
(305) 794-6842
Source:
Xome
Added: Jun 12, 2020
Changed: Jul 28
Last Checked: Jul 28 at 2:40AM
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 One Sotheby's International Realty
Investment Insights
Based on property information with market context.
A luxury office suite at Aventura Park Square, designed by Zysovich Arquitects. The space is supported by building amenities including a conference room and wellness center, and the property also features on-site restaurants, a Starbucks, and a hotel. Parking includes three covered spaces, with additional parking available.
The property is located in Aventura, FL, with walking distance to Aventura Mall. Miami and Fort Lauderdale airports are approximately 15 minutes away.
This suite is offered for sale and is suited for professional office use within a full-service setting supported by nearby retail and hospitality options.
The property is located in Aventura, FL, with walking distance to Aventura Mall. Miami and Fort Lauderdale airports are approximately 15 minutes away.
This suite is offered for sale and is suited for professional office use within a full-service setting supported by nearby retail and hospitality options.
Key Highlights
- Luxury office suite in Aventura Park Square (Zysovich Arquitects), built in 2018
- Includes conference room and wellness center
- 3 covered parking spaces included, with additional parking available
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 | $45.1k | $45.60 |
| − Vacancy | −$10.2k | −$10.26 |
| EGI | $35.0k | $35.34 |
| − OpEx | −$8.7k | −$8.84 |
| NOI | $26.2k | $26.51 |
990 SF · lease $45.60/SF/yr · vacancy 22.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$374.9K
$328.0K – $437.3K
NOI $26,240 @ 7.0% cap · market cap 3.67%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$502.3K
$439.5K – $586.0K
NOI $35,159 @ 7.0% cap · market cap 4.92%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
357
Businesses Nearby
Explore this area
Business Placement
Demographics for 33180, FL
35,062
Population
21,112
Households
1.7
Avg Household Size
45
Median Age
55%
College-Educated
95%
High-School Grad
3.3 sq mi
ZIP Area
10,625
Density / Sq Mi
$88,613
Median Household Income
$51,612
Median Earnings
$2,480
Median Rent
$471,400
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Office suite in Aventura Park Square with a conference room, wellness center, and three covered parking spaces.
Where is this office units located?
The property is located at 2980 NE 207th St Unit 609 Aventura, FL.
What is the asking price?
The asking price for this property is $715,000.
What are key features of this property?
This property features: Luxury office suite in Aventura Park Square (Zysovich Arquitects), built in 2018; Includes conference room and wellness center; 3 covered parking spaces included, with additional parking available