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Professional Office Unit
New
For Sale
$260,000

14 NE 1 Ave Unit 700q Miami, Miami, FL 33132

Modern office layout with secured building access, elevator service, and flexible private or open workspace configurations.

Property Size649 SF
Price / SF$400.62
Days on Market3

Property Features for 14 NE 1 Ave Unit 700q Miami

General Information

Standard status Active
Size 649 SF
Elevators Yes

Site & Location

Highway Access Yes
Public Transit Yes

Additional Details

Asking Price $260,000

Amenities

secured access

Building Details

Owner Occupied No
Abandoned No
Listing Agency: Rise Realty
Listed By: Keith Darby · License #A11982609
Source: Mymiahomes
Added: Jul 30 Changed: Jul 31 Last Checked: Jul 31 at 6:35PM

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 Rise Realty

Investment Insights

Based on property information with market context.

This 649 SF office unit is located at 14 NE 1st Ave, Unit 700Q, within a well-maintained professional office building. The space has a clean, modern layout that can accommodate private offices, open workspace, or a collaborative team configuration. It is currently occupied by a branding and design firm, demonstrating an established office use.

Building features include secured access and elevator service. The property is near government offices, courts, banks, major employers, dining, retail, and parking options. Public transportation access includes Metrorail, Metromover, and Brightline, with convenient access to I-95 and Biscayne Boulevard. The unit is also walkable to Downtown, Brickell, and Miami Worldcenter.

Key Highlights

  • 649 SF office unit at 14 NE 1st Ave, Unit 700Q
  • Clean, modern layout for private offices, open workspace, or collaborative use
  • Located in a well‑maintained professional office building

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 $29.2k $45.00
− Vacancy −$4.4k −$6.75
EGI $24.8k $38.25
− OpEx −$6.2k −$9.56
NOI $18.6k $28.69
649 SF · lease $45.00/SF/yr · vacancy 15.00% · expense 25.00%

Alternative Uses

Best Use
Office B
$266.0K
$232.7K – $310.3K (±1% cap)
NOI $18,618 @ 7.0% cap · market cap 7.16%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$438.1K
$383.3K – $511.1K (±1% cap)
NOI $30,666 @ 7.0% cap · market cap 11.79%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Right Course Drug ... Rehabilitation Center

Suggested Use

Top Pick Veterinary Clinic (Bike/Boat/Book/etc) Store Nursing Home Pet Grooming Service Butcher Buffet

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

13,901
Businesses Nearby

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

12.4% 2019
16.3% 2020
17% 2021
16.1% 2022
15% 2023
16.1% 2024
15.2% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Modern office layout with secured building access, elevator service, and flexible private or open workspace configurations.
Where is this office units located?
The property is located at 14 NE 1 Ave Unit 700q Miami Miami, FL.
What is the asking price?
The asking price for this property is $260,000.
What are key features of this property?
This property features: 649 SF office unit at 14 NE 1st Ave, Unit 700Q; Clean, modern layout for private offices, open workspace, or collaborative use; Located in a well‑maintained professional office building
More about this property
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