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    14 NE 1st Ave # 300A, Miami, FL 33132

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    Office Units

    Type:Office
    Property size:
    1,158 SF
    Price / SF:
    $367/SF
    Added:
    Jul 27, 2024
    Days on Market:
    713
    Last Refresh:
    Jun 26 at 9:54 pm

    Property Features for 14 NE 1st Ave # 300A

    General Information

    Standard status
    Active
    Size
    1,158 SF
    Property subtype
    Office

    Building Details

    Year Built
    1952

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    Uccio Zecchini
    Uccio Zecchini

    Listing office BZG International, LLC

    Listing date Jul 27, 2024

    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 BZG International, LLC

    HighLights

    • Prime Downtown Miami Location
    • Currently Leased at $3,450 Monthly (Income‑Producing)
    • Fully Renovated Office Condo
    • 4 Enclosed Offices + Conference Room
    • Features Kitchenette and Storage Space
    • Exposed Ceilings and Reception Area

    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 $52.1k $45.00
    − Vacancy −$7.8k −$6.75
    EGI $44.3k $38.25
    − OpEx −$11.1k −$9.56
    NOI $33.2k $28.69
    1,158 SF · lease $45.00/SF/yr · vacancy 15.00% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $474.6K
    $415.3K – $553.7K (±1% cap)
    NOI $33,220 @ 7.0% cap · market cap 7.82%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Specialty Retail
    $781.7K
    $684.0K – $911.9K (±1% cap)
    NOI $54,716 @ 7.0% cap · market cap 12.87%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Vid Music Group Music Venue Credit Glory Credit ... Financial Advisor Puerto Viejo Wines, ... Importer Psyche Inspirational, LLC Physician Dr. Ivette J. ... Physician

    Suggested Use

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

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.192181
    Latitude
    25.774481

    FAQs

    Where is this office units located?
    The property is located at 14 NE 1st Ave # 300A Miami, FL.
    What is the asking price?
    The asking price for this property is $425,000.
    What are key features of this property?
    This property features: Prime Downtown Miami Location; Currently Leased at $3,450 Monthly (Income‑Producing); Fully Renovated Office Condo
    (305) 796-2271 Call to check price and availability
    More about this property
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