Corner Office
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For Sale
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175 SW 7th Street #1103/1104, Miami, FL 33130
Glass-partitioned work areas, multiple conference rooms, reception, and a kitchenette create a practical office layout.
Property Size3,167 SF
Price / SF$5.05
Days on Market5
Property Features for 175 SW 7th Street #1103/1104
General Information
Standard status
Active
Size
3,167 SF
Class
Class A
Total Parking Spaces
6
Property subtype
Office
Site & Location
Neighborhood
West Brickell
Highway Access
Yes
Public Transit
Yes
Additional Details
Condition
Move-in Ready
Property Use
Office
Amenities
24-hour building access
after-hours air-conditioning service
Building Details
Year Built
2007
Listing Agency:
One Sotheby's International Realty
(305) 865-9811
Listed By:
Wendy Cohen · License #3219009
(305) 785-7997
Source:
Lehmannflorida
Added: Oct 20
Changed: Oct 23
Last Checked: Oct 23 at 3:52PM
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 One Sotheby's International Realty
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Investment Insights
Based on property information with market context.
This 3,167-square-foot office unit at The Latitude on Brickell includes private glass-partitioned offices, three conference rooms, reception, a server and copy room, and a kitchenette. Floor-to-ceiling windows face east and provide city views. Six assigned parking spaces are included. The building was completed in 2007 and offers 24-hour access, along with after-hours air-conditioning service. Building services include electricity, air conditioning, internet, and cable through the HOA arrangement.
The property is at 175 SW 7th Street in Miami’s Brickell financial district. Brickell City Centre, Mary Brickell Village, the Metromover, and Metrorail are within walking distance. I-95 is immediately accessible, and Miami International Airport is a short drive away.
The property is at 175 SW 7th Street in Miami’s Brickell financial district. Brickell City Centre, Mary Brickell Village, the Metromover, and Metrorail are within walking distance. I-95 is immediately accessible, and Miami International Airport is a short drive away.
Key Highlights
- 3,167 square feet with east‑facing, floor‑to‑ceiling windows and city views
- Three conference rooms, private glass‑partitioned offices, reception, server and copy room, and kitchenette
- Six assigned parking spaces
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$90,853
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,817,060
$1.8M
Cap Rate 7%
$1,297,900
$1.3M
Cap Rate 9%
$1,009,478
$1.0M
Market Conditions
NOI Build-Up for 3,167 SF
Gross rent
$142.5K $45.00/SF
− Vacancy
−$21.4K −$6.75/SF
EGI
$121.1K $38.25/SF
− OpEx
−$30.3K −$9.56/SF
NOI
$90.9K $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%
$1,817,060
Cap Rate 7%
$1,297,900
Cap Rate 9%
$1,009,478
Alternative Uses
Best Use
Office B
$1.30M
$1.14M – $1.51M
NOI $90,853 @ 7.0% cap · market cap 567.83%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$2.14M
$1.87M – $2.49M
NOI $149,642 @ 7.0% cap · market cap 935.26%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Yes
Highway access
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
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Market
Vacancy Rate% for Office in Miami, FL
Frequently Asked Questions
What type of property is this?
Office unit - Glass-partitioned work areas, multiple conference rooms, reception, and a kitchenette create a practical office layout.
Where is this office unit located?
The property is located at 175 SW 7th Street #1103/1104 Miami, FL.
What are key features of this property?
This property features: 3,167 square feet with east‑facing, floor‑to‑ceiling windows and city views; Three conference rooms, private glass‑partitioned offices, reception, server and copy room, and kitchenette; Six assigned parking spaces
