Miami Office Building For
1395 Coral Way Miami, FL
For Sale
Contact for pricing
Two-story, 10,848 SF office building in Miami.
Property Size10,848 SF
Lot Size0.19 Acres
Price / SF$553.10
Days on Market496
Property Features for 1395 Coral Way
General Information
- Standard status
- Active
- Size
- 10,848 SF
- Lot size
- 0.19 Acres
- Property subtype
- OFFICE
Listing Agency:
Fausto Commercial Realty
(305) 794-1945
Listed By:
Alessandro Lima · License #3404498
(305) 281-4469
Source:
Moodyscre
Added: Mar 19, 2025
Changed: Jul 6
Last Checked: Jul 21 at 6:33AM
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
Investment Insights
Based on property information with market context.
This is a free-standing office building with 10,848 square feet of space, located in Miami. The two-story building is suitable for various businesses and uses, including medical, office, and professional services. The property features on-site parking. It has been recently renovated with new floors, bathrooms, and lighting.
Key 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.
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 |
10,848 SF · lease $45.00/SF/yr · vacancy 15.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$4.45M
$3.89M – $5.19M
NOI $311,202 @ 7.0% cap · market cap 5.19%
Second Best
Healthcare Medical
$2.57M
$2.25M – $2.99M
NOI $179,643 @ 7.0% cap · market cap 2.99%
Theoretical Best
Specialty Retail
$7.32M
$6.41M – $8.54M
NOI $512,573 @ 7.0% cap · market cap 8.54%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Net D Vision ...
Marketing & Advertising
FAQs
What type of property is this?
Office building - Two-story, 10,848 SF office building in Miami.
Where is this office building located?
The property is located at 1395 Coral Way Miami, FL.
What is the asking price?
The asking price for this property is $6,000,000.
What are key features of this property?
This property features: 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.
