Turnkey Office
For Sale
Contact for pricing
14 NE 1st Ave, Miami, FL 33132
Secured-access office suite with elevator service, near Metrorail, Metromover, and Brightline in Downtown Miami.
Property Size649 SF
Price / SF$400.62
Days on Market114
Property Features for 14 NE 1st Ave
General Information
Standard status
Active
Size
649 SF
Elevators
Yes
Property subtype
OFFICE
Occupancy
100%
Site & Location
Highway Access
Yes
Road Access
Yes
Public Transit
Yes
Additional Details
Asking Price
$260,000
Amenities
secured access
Building Details
Owner Occupied
No
Listing Agency:
Rise Realty
(305) 720-7925
Listed By:
Keith Alan Darby · License #A11982609
(305) 720-7925
Source:
Moodyscre
Added: Apr 9
Changed: Jul 29
Last Checked: Jul 31 at 1:10PM
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.
Turnkey office suite available in a well-maintained professional building at 14 NE 1st Ave, Unit 700Q. The space is 649 SF and includes a clean, modern layout designed to support private office use, open workspace, or collaborative team setups. Secured access and elevator service are provided within the building.
The suite is positioned in Downtown Miami among government offices, courts, banks, and major employers. It also offers proximity to public transportation, including Metrorail, Metromover, and Brightline, with easy access to I-95 and Biscayne Boulevard. The property is walkable to Downtown, Brickell, and Miami Worldcenter.
The configuration is suitable for professional services, creative firms, consultants, or boutique operations seeking a central office address, whether for an owner-user or for a tenant-oriented investment strategy.
The suite is positioned in Downtown Miami among government offices, courts, banks, and major employers. It also offers proximity to public transportation, including Metrorail, Metromover, and Brightline, with easy access to I-95 and Biscayne Boulevard. The property is walkable to Downtown, Brickell, and Miami Worldcenter.
The configuration is suitable for professional services, creative firms, consultants, or boutique operations seeking a central office address, whether for an owner-user or for a tenant-oriented investment strategy.
Key Highlights
- 649 SF office suite, Unit 700Q
- Turnkey, clean and modern layout supporting private office and open workspace
- Secured access and elevator service in the 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
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
NOI $30,666 @ 7.0% cap · market cap 11.79%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
100%
Occupancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
13,542
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Secured-access office suite with elevator service, near Metrorail, Metromover, and Brightline in Downtown Miami.
Where is this office units located?
The property is located at 14 NE 1st Ave 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 suite, Unit 700Q; Turnkey, clean and modern layout supporting private office and open workspace; Secured access and elevator service in the professional office building
