Furnished Corner Office
14 NE 1st Avenue #700 E/F/G Miami, FL 33132
14 NE 1st Avenue #700 E/F/G, Miami, FL, 33132
$995,000
Pending
For Sale
$995,000
Pending
Upgraded corner office suite with abundant windows, porcelain floors, and enhanced lighting in a fully serviced building.
Property Size2,227 SF
Days on Market44
Property Features for 14 NE 1st Avenue #700 E/F/G
General Information
- Standard status
- Pending
- Size
- 2,227 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1952
Listing agency
GAMBINO REAL ESTATE CORP.
(786) 281-5050
Listed by
GUSTAVO GAMBINO · License #A11704154
Source
Corcoran
Added: Jun 9 Updated: Jul 22 at 1:56PM Checked: Jul 22 at 1:56PM
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 GAMBINO REAL ESTATE CORP.
Investment Insights
Based on property information with market context.
This upgraded, fully furnished corner office suite is offered with 2,227 square feet under AC. The space features porcelain floors, enhanced light fixtures, and lots of windows for natural light. Interior improvements include additional office and telecom booths, along with dedicated kitchen space.
The building offers on-site services designed for day-to-day operations, including a reception desk, valet parking, meeting rooms, and a management office. EASY TO SHOW.
The suite is configured to support both private work areas and operational needs, with added office and telecom booths plus common-use meeting space provided by the building.
The building offers on-site services designed for day-to-day operations, including a reception desk, valet parking, meeting rooms, and a management office. EASY TO SHOW.
The suite is configured to support both private work areas and operational needs, with added office and telecom booths plus common-use meeting space provided by the building.
Key Highlights
- Corner unit office suite with 2,227 SF under AC
- Upgraded interior with porcelain floors and enhanced light fixtures
- Abundant windows providing ample natural light
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 | $100.2k | $45.00 |
| − Vacancy | −$15.0k | −$6.75 |
| EGI | $85.2k | $38.25 |
| − OpEx | −$21.3k | −$9.56 |
| NOI | $63.9k | $28.69 |
2,227 SF · lease $45.00/SF/yr · vacancy 15.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$912.7K
$798.6K – $1.06M
NOI $63,887 @ 7.0% cap · market cap 6.42%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.50M
$1.32M – $1.75M
NOI $105,227 @ 7.0% cap · market cap 10.58%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
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
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FAQs
What type of property is this?
Office units - Upgraded corner office suite with abundant windows, porcelain floors, and enhanced lighting in a fully serviced building.
Where is this office units located?
The property is located at 14 NE 1st Avenue #700 E/F/G Miami, FL.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: Corner unit office suite with 2,227 SF under AC; Upgraded interior with porcelain floors and enhanced light fixtures; Abundant windows providing ample natural light
