Office Unit with
For Sale
$1,000,000
175 SW 7 Street #11001101, Miami, FL 33130
Open-layout office space with modern finishes, abundant natural light, and direct terrace access.
Property Size1,543 SF
Price / SF$648.09
Days on Market56
Property Features for 175 SW 7 Street #11001101
General Information
Standard status
Active
Size
1,543 SF
Zoning
64/COMM
Additional Details
Office Units
1
Amenities
terrace
Building Details
Building Size
1,543 SF
Year Built
2007
Listing Agency:
Cervera Real Estate Inc.
(786) 597-4184
Listed By:
Valentina Grajales · License #3104367
(786) 597-4184
Source:
Laerrealty
Added: Jul 6
Changed: Aug 30
Last Checked: Aug 30 at 12:53AM
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 Cervera Real Estate Inc.
Investment Insights
Based on property information with market context.
This office unit offers 1543 SQFT of open, light-filled space with modern finishes and a layout designed for day-to-day business operations. An approximately 1,000 SQFT terrace adds substantial outdoor area to the interior workspace. The property was built in 2007 and is identified under zoning designation 64/COMM.
Located at 175 SW 7 Street in Miami, the unit is recorded across two folios: 01-4138-127-0010 and 01-4138-127-0020. The combination of open interior space, natural light, contemporary finishes, and an extensive terrace provides a distinct office configuration within the property.
Located at 175 SW 7 Street in Miami, the unit is recorded across two folios: 01-4138-127-0010 and 01-4138-127-0020. The combination of open interior space, natural light, contemporary finishes, and an extensive terrace provides a distinct office configuration within the property.
Key Highlights
- 1543 SQFT office unit with an open, light‑filled layout
- Approximately 1,000 SQFT terrace
- Modern interior finishes with abundant natural light
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$44,265
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.43%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$885,300
$885.3K
Cap Rate 7%
$632,357
$632.4K
Cap Rate 9%
$491,833
$491.8K
Market Conditions
NOI Build-Up for 1,543 SF
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.
Gross rent
$69.4K $45.00/SF
− Vacancy
−$10.4K −$6.75/SF
EGI
$59.0K $38.25/SF
− OpEx
−$14.8K −$9.56/SF
NOI
$44.3K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$885,300
Cap Rate 7%
$632,357
Cap Rate 9%
$491,833
Alternative Uses
Best Use
Office B
$632.4K
$553.3K – $737.8K
NOI $44,265 @ 7.0% cap · market cap 4.43%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.04M
$911.3K – $1.22M
NOI $72,907 @ 7.0% cap · market cap 7.29%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
1
Office units
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
Market
Vacancy Rate% for Office in Miami, FL
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Open-layout office space with modern finishes, abundant natural light, and direct terrace access.
Where is this office units located?
The property is located at 175 SW 7 Street #11001101 Miami, FL.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: 1543 SQFT office unit with an open, light‑filled layout; Approximately 1,000 SQFT terrace; Modern interior finishes with abundant natural light
