Second-Floor Office
17225 S Dixie Highway #200, Palmetto Bay, FL 33157
For Sale
New
Contact for pricing
A private-office layout is complemented by a conference room and kitchen with a dining area.
Property Size2,176 SF
Price / SF$0.02
Days on Market5
Property Features for 17225 S Dixie Highway #200
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Highway Access
Road Access
Additional Details
Floor
Property Use
Building Details
Year Built
Buildings
Stories
Listing Agency:
Liberty Commercial Realty Inc
Listed By:
Chabeli Castillo · License FL #3334121
(786) 423-0525
Source:
Lehmannflorida
Added: Nov 10
Changed: Nov 12
Last Checked: Nov 12 at 2:27PM
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 Liberty Commercial Realty Inc
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Investment Insights
Based on property information with market context.
This 2,176-square-foot office unit occupies the second level of a two-story building constructed in 2010. Its interior combines open ceilings and polished concrete flooring with impact-rated, full-height windows. The floor plan includes a reception area, private offices, a conference room, and a kitchen with dining space.
The building has frontage on US 1. The unit’s mix of enclosed work areas and shared meeting and dining space provides a range of functional settings within one office suite.
The building has frontage on US 1. The unit’s mix of enclosed work areas and shared meeting and dining space provides a range of functional settings within one office suite.
Key Highlights
- 2,176‑square‑foot office unit on the second floor
- Building constructed in 2010 with US 1 frontage
- Reception area, private offices, and conference room
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$58,586
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,171,720
$1.2M
Cap Rate 7%
$836,943
$836.9K
Cap Rate 9%
$650,956
$651.0K
Market Conditions
NOI Build-Up for 2,176 SF
Gross rent
$100.8K $46.32/SF
− Vacancy
−$22.7K −$10.42/SF
EGI
$78.1K $35.90/SF
− OpEx
−$19.5K −$8.97/SF
NOI
$58.6K $26.92/SF
Area
ZIP 33157
Vacancy
22.50%
Lease Rate
$46.32 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,171,720
Cap Rate 7%
$836,943
Cap Rate 9%
$650,956
Alternative Uses
Best Use
Office B
$836.9K
$732.3K – $976.4K
NOI $58,586 @ 7.0% cap
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.10M
$966.0K – $1.29M
NOI $77,278 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,394
Businesses Nearby
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Business Placement
Demographics for 33157, FL
68,069
Population
23,176
Households
2.9
Avg Household Size
42
Median Age
33%
College-Educated
86%
High-School Grad
14.9 sq mi
ZIP Area
4,568
Density / Sq Mi
$80,364
Median Household Income
$38,803
Median Earnings
$1,493
Median Rent
$478,300
Median Home Value
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Market
Average Price Trend$/SF for Office Units in Miami-Dade County, FL
Properties on Market for Office Units in Miami-Dade County
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - A private-office layout is complemented by a conference room and kitchen with a dining area.
Where is this office unit located?
The property is located at 17225 S Dixie Highway #200 Palmetto Bay, FL.
What are key features of this property?
This property features: 2,176‑square‑foot office unit on the second floor; Building constructed in 2010 with US 1 frontage; Reception area, private offices, and conference room
