1395 Coral Way, Miami, FL
Two-story, 10,848 SF office building in Miami.
- Added:
- Mar 19, 2025
- Days on Market:
- 450
- Last Refresh:
- May 20 at 9:40 pm
Property Features for 1395 Coral Way
General Information
- Standard status
- Active
- Size
- 10,848 SF
- Lot size
- 0.19 Acres
- Property subtype
- OFFICE
Listing agent Alessandro Lima License #3404498 (305) 281-4469
Listing office Fausto Commercial Realty (305) 961-1179
Listing date Mar 19, 2025
Source Moodyscre
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 Fausto Commercial Realty
HighLights
- Over 10,848 Sqft Free Standing office building in the heart of Miami.
- Suitable for various businesses: Medical, office, and professional services.
- Plenty of parking spaces on site.
- Recently renovated with brand new floors.
- Recently renovated with brand new bathrooms.
- Recently renovated with brand new light.
Overview
Local 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 | $488.2k | $45.00 |
| − Vacancy | −$73.2k | −$6.75 |
| EGI | $414.9k | $38.25 |
| − OpEx | −$103.7k | −$9.56 |
| NOI | $311.2k | $28.69 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Miami
- County
- Miami-Dade
- State
- Florida
- Longitude
- -80.2835
- Latitude
- 25.7486
