Office Unit with Private Conference
For Sale
$298,500
175 SW 7th St 1805, Miami, FL 33130
Glass partitioning creates a dedicated private office or conference room, with one assigned parking space.
Property Size600 SF
Price / SF$497.50
Days on Market70
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Property Features for 175 SW 7th St 1805
General Information
Standard status
Active
Size
600 SF
Class
Class A
Total Parking Spaces
1
Site & Location
Highway Access
Yes
Public Transit
Yes
Utilities to Site
Yes
Building Details
Year Built
2007
Tenancy
Single
Listing Agency:
Premier Global Brokers, LLC
Listed By:
Valka Rodriguez · License #3255357
(786) 315-0785
Source:
Mymiahomes
Added: Aug 7
Changed: Oct 2
Last Checked: Oct 7 at 3:50PM
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 Premier Global Brokers, LLC
Investment Insights
Based on property information with market context.
This 600-square-foot office unit at Latitude One was built in 2007 and includes a glass-partitioned area that can function as a private office or conference room. One assigned parking space accompanies the unit. Electricity, basic internet, and phone lines are included through the HOA, supporting day-to-day office operations.
The property is within walking distance of BCC, Metro-Rail, restaurants, banks, and markets. Access to I95 and other expressways provides connectivity throughout the area. The office is currently occupied under a month-to-month arrangement.
The property is within walking distance of BCC, Metro-Rail, restaurants, banks, and markets. Access to I95 and other expressways provides connectivity throughout the area. The office is currently occupied under a month-to-month arrangement.
Key Highlights
- 600 SF office unit at Latitude One
- Glass partition creates a private office or conference room
- One assigned parking space included
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,213
Cap Rate
5.77%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$344,260
$344.3K
Cap Rate 7%
$245,900
$245.9K
Cap Rate 9%
$191,256
$191.3K
Market Conditions
NOI Build-Up for 600 SF
Gross rent
$27.0K $45.00/SF
− Vacancy
−$4.1K −$6.75/SF
EGI
$23.0K $38.25/SF
− OpEx
−$5.7K −$9.56/SF
NOI
$17.2K $28.69/SF
Area
Miami, FL
Vacancy
15.00%
Lease Rate
$45.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$344,260
Cap Rate 7%
$245,900
Cap Rate 9%
$191,256
Alternative Uses
Best Use
Office B
$245.9K
$215.2K – $286.9K
NOI $17,213 @ 7.0% cap · market cap 5.77%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$405.0K
$354.4K – $472.5K
NOI $28,350 @ 7.0% cap · market cap 9.50%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Single-tenant
Tenancy
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
19,526
Businesses Nearby
Explore this area
Business Placement
Demographics for 33130, FL
35,609
Population
20,377
Households
1.7
Avg Household Size
36
Median Age
42%
College-Educated
81%
High-School Grad
1.1 sq mi
ZIP Area
32,372
Density / Sq Mi
$57,933
Median Household Income
$36,888
Median Earnings
$1,656
Median Rent
$479,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in Miami, FL
Frequently Asked Questions
What type of property is this?
Office units - Glass partitioning creates a dedicated private office or conference room, with one assigned parking space.
Where is this office units located?
The property is located at 175 SW 7th St 1805 Miami, FL.
What is the asking price?
The asking price for this property is $298,500.
What are key features of this property?
This property features: 600 SF office unit at Latitude One; Glass partition creates a private office or conference room; One assigned parking space included
