Professional Office
For Sale
$265,000
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$408.32
Days on Market94
Property Features for 14 NE 1 Ave Unit 700q Miami
General Information
Standard status
Active
Size
649 SF
Elevators
Yes
Site & Location
Neighborhood
Cbd
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 #3085829
(305) 720-7925
Source:
Mymiahomes
Added: Jul 30
Changed: Oct 25
Last Checked: Oct 7 at 5:01PM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
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.
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
Estimated NOI and Cap Rate
NOI / Yr
$18,618
Cap Rate
7.03%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$372,360
$372.4K
Cap Rate 7%
$265,971
$266.0K
Cap Rate 9%
$206,867
$206.9K
Market Conditions
NOI Build-Up for 649 SF
Gross rent
$29.2K $45.00/SF
− Vacancy
−$4.4K −$6.75/SF
EGI
$24.8K $38.25/SF
− OpEx
−$6.2K −$9.56/SF
NOI
$18.6K $28.69/SF
Area
Miami, FL
Vacancy
15.00%
Lease Rate
$45.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$372,360
Cap Rate 7%
$265,971
Cap Rate 9%
$206,867
Alternative Uses
Best Use
Office B
$266.0K
$232.7K – $310.3K
NOI $18,618 @ 7.0% cap · market cap 7.03%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$438.1K
$383.3K – $511.1K
NOI $30,666 @ 7.0% cap · market cap 11.57%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
13,901
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
Frequently Asked Questions
What type of property is this?
Office unit - Modern office layout with secured building access, elevator service, and flexible private or open workspace configurations.
Where is this office unit 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 $265,000.
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
