14 NE 1st Avenue, Miami, FL 33132
Office Units
- Added:
- Jun 14, 2023
- Days on Market:
- 1122
- Last Refresh:
- May 12 at 8:42 pm
Property Features for 14 NE 1st Avenue
General Information
- Standard status
- Active
- Size
- 3,538 SF
- Property subtype
- Office
Building Details
- Year Built
- 1952
Listing office Beckett Realty Advisors, LLC
Listing date Jun 14, 2023
Source Crexi
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 Beckett Realty Advisors, LLC
HighLights
- Remodeled and furnished 3538 SF office space in Downtown Miami
- Enjoy panoramic skyline views
- Designed by renowned Miami architect Morris Lapidus
- Includes 25 desks with room for expansion
- 24/7 security and valet parking
- Convenient access to I‑95 and public transportation
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 | $159.2k | $45.00 |
| − Vacancy | −$23.9k | −$6.75 |
| EGI | $135.3k | $38.25 |
| − OpEx | −$33.8k | −$9.56 |
| NOI | $101.5k | $28.69 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Miami
- County
- Miami-Dade
- State
- Florida
- Longitude
- -80.192181
- Latitude
- 25.774481
