Office Suite with
For Lease
$25 SF/Yr CAM $6 /USD/SF/YR
42 NW 27th Ave #306, Miami, FL 33125
Third-floor workspace includes an open office area and utilities.
Space Size1,060 SF
Days on Market862
Property Features for 42 NW 27th Ave #306
General Information
Standard status
Active
Size
1,060 SF
Net Rentable
1,060 SF
Property subtype
Commercial
Lease Type
NNN
Space & Availability
Available Space
1,060 SF
Contiguous Space
1,060 SF
Floor
3
Space Use
Office
Sublease
No
Lease Terms
Lease Rate
$25 /USD/SF/YR
Monthly Rent
$2,208
Rent per SF/Year
$25
CAM
$6 /USD/SF/YR
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$86,143
Building Details
Year Built
1972
Listing Agency:
SYNERGY REALTY ADVISORS
Listed By:
ANDROS SARDUY · License #A12104736
(305) 297-3557
Source:
Corcoran
Added: Jun 6, 2024
Changed: Oct 15
Last Checked: Oct 14 at 11:49PM
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 SYNERGY REALTY ADVISORS
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Investment Insights
Based on property information with market context.
This approximately 1,060-square-foot office suite occupies the third floor and features a large, open work area with windows. The floor has been reconfigured into eight suites ranging from approximately 640 to 3,652 square feet, with new flooring, air conditioning and baseboards. Utilities are included. Other spaces on the floor include a built-out podcast studio and executive suites with large windows and views.
The property is at 42 NW 27th Ave in Miami, just north of W Flagler St, with access to SR-836. Parking includes surface spaces and 88 covered spaces.
The property is at 42 NW 27th Ave in Miami, just north of W Flagler St, with access to SR-836. Parking includes surface spaces and 88 covered spaces.
Key Highlights
- Approximately 1,060 SF suite on the third floor
- Large open office area with windows
- Utilities included; new flooring, AC and baseboards
Property Analytics
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Current Use
Lease Details
Yes
Highway access
NNN (Triple Net)
Lease Type
$3.75 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
3,085
Businesses Nearby
Explore this area
Business Placement
Demographics for 33125, FL
53,507
Population
22,496
Households
2.4
Avg Household Size
43
Median Age
22%
College-Educated
69%
High-School Grad
3.9 sq mi
ZIP Area
13,720
Density / Sq Mi
$40,940
Median Household Income
$30,648
Median Earnings
$1,427
Median Rent
$377,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Miami, FL
$36.4 /SF/Yr
Avg Asking Price
$1.12–$163 /SF/Yr
Price Range
23,664 SF
Avg Space Size
This space is priced 31% below the average of $36.4 /SF/Yr.
Vacancy Rate% for Office in Miami, FL
Frequently Asked Questions
What type of property is this?
Office units - Third-floor workspace includes an open office area and utilities.
Where is this office units located?
The property is located at 42 NW 27th Ave #306 Miami, FL.
What is the lease rate?
The lease rate is $25 SF/Yr.
What are key features of this property?
This property features: Approximately 1,060 SF suite on the third floor; Large open office area with windows; Utilities included; new flooring, AC and baseboards
