Adjacent Office
17280 NE 19th Ave, North Miami Beach, FL 33162
For Sale
Contact for pricing
Two neighboring suites are ready for occupancy, with rear parking and landlord-managed exterior HVAC equipment.
Property Size1,000 SF
Price / SF$2.20
Days on Market153
Property Features for 17280 NE 19th Ave
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Highway Access
Road Access
Additional Details
Condition
Property Use
Building Details
Building Size
Year Built
Listing Agency:
Common Capital Partners, Inc.
Listed By:
Engin Yergin · License #3230990
(305) 469-9261
Source:
Diannalantiguarealty
Added: Jun 8
Changed: Nov 7
Last Checked: Nov 7 at 9:25AM
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 Common Capital Partners, Inc.
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Investment Insights
Based on property information with market context.
Two office suites sit side by side at 17280 and 17290 NE 19th Ave. Each offers approximately 848 square feet of office space and is described as ready for occupancy. Electricity is the tenant’s responsibility; the landlord handles care of the exterior HVAC unit. Parking is available behind the building, on a lot that is part of the property.
The property fronts NE 19th Ave. City Hall, the fire department and the police station are two blocks away. I-95 can be reached via NE 163rd St or NE 183rd St, with Aventura and Sunny Isles also described as minutes away.
The property fronts NE 19th Ave. City Hall, the fire department and the police station are two blocks away. I-95 can be reached via NE 163rd St or NE 183rd St, with Aventura and Sunny Isles also described as minutes away.
Key Highlights
- Two neighboring office suites, identified as 17280 and 17290 NE 19th Ave
- Approximately 848+/- sqft of office space in each suite
- Rear parking on a lot that is part of the property
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,505
Suggested Prices Based on Cap Rates
Cap Rate 5%
$530,100
$530.1K
Cap Rate 7%
$378,643
$378.6K
Cap Rate 9%
$294,500
$294.5K
Market Conditions
NOI Build-Up for 1,000 SF
Gross rent
$45.6K $45.60/SF
− Vacancy
−$10.3K −$10.26/SF
EGI
$35.3K $35.34/SF
− OpEx
−$8.8K −$8.84/SF
NOI
$26.5K $26.51/SF
Area
Miami-Dade County, FL
Vacancy
22.50%
Lease Rate
$45.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$530,100
Cap Rate 7%
$378,643
Cap Rate 9%
$294,500
Alternative Uses
Best Use
Office B
$378.6K
$331.3K – $441.8K
NOI $26,505 @ 7.0% cap · market cap 1,204.77%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$507.3K
$443.9K – $591.9K
NOI $35,514 @ 7.0% cap · market cap 1,614.27%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
2,074
Businesses Nearby
Explore this area
Business Placement
Demographics for 33162, FL
45,277
Population
16,719
Households
2.7
Avg Household Size
39
Median Age
21%
College-Educated
81%
High-School Grad
5.3 sq mi
ZIP Area
8,543
Density / Sq Mi
$55,993
Median Household Income
$31,848
Median Earnings
$1,535
Median Rent
$345,000
Median Home Value
Market
Properties on Market for Office Units in North Miami Beach
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Two neighboring suites are ready for occupancy, with rear parking and landlord-managed exterior HVAC equipment.
Where is this office unit located?
The property is located at 17280 NE 19th Ave North Miami Beach, FL.
What are key features of this property?
This property features: Two neighboring office suites, identified as 17280 and 17290 NE 19th Ave; Approximately 848+/- sqft of office space in each suite; Rear parking on a lot that is part of the property
