Commercial Office with Private
For Sale
Contact for pricing
151 SE 15th Rd, Miami, FL
Ground floor office with private entrance, parking, and amenities.
Property Size1,353 SF
Lot Size0.90 Acres
Price / SF$849.22
Days on Market1250
Property Features for 151 SE 15th Rd
General Information
Standard status
Active
Size
1,353 SF
Lot size
0.90 Acres
Property subtype
OFFICE
Site & Location
Neighborhood
Brickell Business District
Properties For Sale
at 151 SE 15th Rd
151 SE 15th Rd
AVAILABLE, Now
Floor
1
Size
1,353 SF
Type
OFFICE
Lease Type
PLUS_UTILITIES_AND_JANITORIAL
Sublease
No
- Ground floor access with private entrance and lobby entrance
- Glass windows throughout, finished offices with furniture, networking, and TV's
- Server racks, wood trimming, and custom-built furniture
- 2 private offices, kitchenette, private bathroom, and common bathroom access
- Self-controlled HVAC and server room with separate climate control
- Gated 6 private assigned parking spaces, including an electric car charger
- Plenty of city street parking available
- Private security and concierge on site
- Enjoy building amenities such as pool, gym, and BBQ area access
- Commercial Office Unit in Brickell East Condominium for Lease or Sale. This ground floor space with private exterior access. Floor to ceiling glass window facing the North provide an open-atrium atmosphere. Wood trimming and custom-built furniture throughout.
- The office has 2 private offices, a private bathroom, a full kitchen, a server room with racks and networking, surround sound system. It is PLUG & PLAY ready to move in.
- The property includes access to other building amenities such as a gym, pool BBQ area.
- Private 24 Hour Security and Concierge Services.
- The Office space provides 6 Private Assigned Parking spaces including an electric car charger.
- Great location with easy access to I-95., US-1, and Brickell Avenue.
- Walking distance from Four Seasons, restaurants, FIU, and Brickell City Centre.
Contact us
Listing Agency:
Kaizen Realty Partners, LLC
(305) 500-5554
Listed By:
Robert Meneses · License #0631973
(305) 491-1227
Source:
Moodyscre
Added: May 25, 2023
Changed: Oct 5
Last Checked: Oct 24 at 8:28PM
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 Kaizen Realty Partners, LLC
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Investment Insights
Based on property information with market context.
This commercial ground floor office space features a private entrance and lobby. The interior includes windows throughout, and is finished with furniture, networking, and televisions. Custom features include server racks and wood trimming. The layout comprises two private offices, a kitchenette, and a private bathroom. Climate control is self-controlled HVAC, with a separate climate control system for the server room. The property includes six gated, private, assigned parking spaces, one of which has an electric car charger. City street parking is also available. Building amenities include access to a pool, gym, and barbecue area. Private security and a concierge are on site. The property size is 1353 square feet and is located at 151 SE 15th Rd, Miami, FL.
Key Highlights
- 6 private assigned parking spaces including electric car charger
- Commercial ground floor office with private entrance and lobby
- Private security and concierge on site
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$44,143
Cap Rate
3.84%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$882,860
$882.9K
Cap Rate 7%
$630,614
$630.6K
Cap Rate 9%
$490,478
$490.5K
Market Conditions
NOI Build-Up for 1,353 SF
Gross rent
$70.3K $51.96/SF
− Vacancy
−$7.2K −$5.35/SF
EGI
$63.1K $46.61/SF
− OpEx
−$18.9K −$13.98/SF
NOI
$44.1K $32.63/SF
Area
Miami, FL
Vacancy
10.30%
Lease Rate
$51.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$882,860
Cap Rate 7%
$630,614
Cap Rate 9%
$490,478
Alternative Uses
Best Use
Retail
$630.6K
$551.8K – $735.7K
NOI $44,143 @ 7.0% cap · market cap 3.84%
Second Best
Office B
$554.5K
$485.2K – $646.9K
NOI $38,814 @ 7.0% cap · market cap 3.38%
Theoretical Best
Specialty Retail
$913.3K
$799.1K – $1.07M
NOI $63,930 @ 7.0% cap · market cap 5.56%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
9,080
Businesses Nearby
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Market
Vacancy Rate% for Office in Miami, FL
Frequently Asked Questions
What type of property is this?
Office unit - Ground floor office with private entrance, parking, and amenities.
Where is this office unit located?
The property is located at 151 SE 15th Rd Miami, FL.
What is the asking price?
The asking price for this property is $1,149,000.
What are key features of this property?
This property features: 6 private assigned parking spaces including electric car charger; Commercial ground floor office with private entrance and lobby; Private security and concierge on site
