Renovated Corner Office Suite with
For Sale
$425,000
14 NE 1st Ave # 300A, Miami, FL 33132
Renovated corner office suite with a reception area, private offices, conference room, kitchenette, and floor-to-ceiling windows.
Property Size1,158 SF
Price / SF$367.01
Days on Market736
Property Features for 14 NE 1st Ave # 300A
General Information
Standard status
Active
Size
1,158 SF
Property subtype
Office
Additional Details
Floor
300A
Building Details
Building Size
1,158 SF
Year Built
1952
Listing Agency:
BZG International, LLC
(305) 796-2271
Listed By:
Uccio Zecchini · License #3219617
Source:
Allyandaj
Added: Jul 27, 2024
Changed: Jul 30
Last Checked: Jul 30 at 3:44PM
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 BZG International, LLC
Investment Insights
Based on property information with market context.
This beautifully renovated corner office features a formal reception area, three private offices, a conference room, storage room, and kitchenette. The suite is designed for a polished, professional work environment with floor-to-ceiling windows for abundant natural light, exposed ceilings for a contemporary loft-style feel, and elegant wood flooring throughout. The layout supports a range of professional uses seeking a turnkey office environment.
The suite is located at 14 NE 1st Ave #300A in Downtown Miami, offering a convenient downtown address.
With 1,158 square feet, the space combines client-facing areas with multiple private rooms, plus dedicated storage and kitchenette facilities for day-to-day office operations. The building was constructed in 1952.
The suite is located at 14 NE 1st Ave #300A in Downtown Miami, offering a convenient downtown address.
With 1,158 square feet, the space combines client-facing areas with multiple private rooms, plus dedicated storage and kitchenette facilities for day-to-day office operations. The building was constructed in 1952.
Key Highlights
- 1,158 SF renovated corner office suite
- Floor‑to‑ceiling windows for abundant natural light
- Formal reception area plus three private offices
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 | $52.1k | $45.00 |
| − Vacancy | −$7.8k | −$6.75 |
| EGI | $44.3k | $38.25 |
| − OpEx | −$11.1k | −$9.56 |
| NOI | $33.2k | $28.69 |
1,158 SF · lease $45.00/SF/yr · vacancy 15.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$474.6K
$415.3K – $553.7K
NOI $33,220 @ 7.0% cap · market cap 7.82%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$781.7K
$684.0K – $911.9K
NOI $54,716 @ 7.0% cap · market cap 12.87%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
13,542
Businesses Nearby
Explore this area
Business Placement
Demographics for 33132, FL
18,159
Population
12,725
Households
1.4
Avg Household Size
35
Median Age
61%
College-Educated
95%
High-School Grad
1.5 sq mi
ZIP Area
12,106
Density / Sq Mi
$109,505
Median Household Income
$71,509
Median Earnings
$2,534
Median Rent
$545,100
Median Home Value
Market
Vacancy Rate% for Office in Miami, FL
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office units - Renovated corner office suite with a reception area, private offices, conference room, kitchenette, and floor-to-ceiling windows.
Where is this office units located?
The property is located at 14 NE 1st Ave # 300A Miami, FL.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: 1,158 SF renovated corner office suite; Floor‑to‑ceiling windows for abundant natural light; Formal reception area plus three private offices
