Office Suite with Rooftop
For Sale
$825,000
Pending
2980 NE 207th St Unit 505, Aventura, FL 33180
Fifth-floor office suite with access to a rooftop garden area and catering kitchen, plus mezzanine elevator access.
Property Size1,229 SF
Days on Market2163
Property Features for 2980 NE 207th St Unit 505
General Information
Standard status
Pending
Size
1,229 SF
Total Parking Spaces
3
Property subtype
General Commercial
Additional Details
Business Included
No
Amenities
rooftop garden
outdoor seating
catering kitchen
garage elevator access
private indoor seating area
3
3 Parking Spaces.
Building Details
Year Built
2018
Listing Agency:
G Realty, LLC
(305) 343-4449
Listed By:
Alberto Galante · License #3241523
(305) 343-4449
Source:
Xome
Added: Aug 30, 2020
Changed: Jul 28
Last Checked: Jul 28 at 8:51PM
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 G Realty, LLC
Investment Insights
Based on property information with market context.
This office suite is located on the fifth floor and includes access to a rooftop garden area with outdoor seating. The suite also features a 300 ft catering kitchen and a direct garage elevator connection to the mezzanine level, where there is a private indoor seating area.
Parking is included with 1 signed parking space (#2R-9) and 2 additional spaces. The property is identified as a unit within 2980 NE 207th St Unit 505, Aventura, FL 33180, described as exclusive office space on Aventura ParkSquare.
The space is configured for office use and includes both rooftop and mezzanine-level amenities accessed via elevator from the garage, supporting flexible on-site hosting and break areas.
Parking is included with 1 signed parking space (#2R-9) and 2 additional spaces. The property is identified as a unit within 2980 NE 207th St Unit 505, Aventura, FL 33180, described as exclusive office space on Aventura ParkSquare.
The space is configured for office use and includes both rooftop and mezzanine-level amenities accessed via elevator from the garage, supporting flexible on-site hosting and break areas.
Key Highlights
- 5th‑floor office suite with access to a rooftop garden area with outdoor seating
- Includes a 300 ft catering kitchen
- Direct garage elevator access to the mezzanine level with a private indoor seating area
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 | $56.0k | $45.60 |
| − Vacancy | −$12.6k | −$10.26 |
| EGI | $43.4k | $35.34 |
| − OpEx | −$10.9k | −$8.84 |
| NOI | $32.6k | $26.51 |
1,229 SF · lease $45.60/SF/yr · vacancy 22.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$465.4K
$407.2K – $542.9K
NOI $32,575 @ 7.0% cap · market cap 3.95%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$623.5K
$545.6K – $727.5K
NOI $43,647 @ 7.0% cap · market cap 5.29%
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 - Fifth-floor office suite with access to a rooftop garden area and catering kitchen, plus mezzanine elevator access.
Where is this office units located?
The property is located at 2980 NE 207th St Unit 505 Aventura, FL.
What is the asking price?
The asking price for this property is $825,000.
What are key features of this property?
This property features: 5th‑floor office suite with access to a rooftop garden area with outdoor seating; Includes a 300 ft catering kitchen; Direct garage elevator access to the mezzanine level with a private indoor seating area
