Furnished Executive Office
175 SW 7th St # 1409, Miami, FL 33130
For Sale
Contact for pricing
A corner suite is furnished and includes reception space, an equipped kitchen, and two assigned parking spaces.
Property Size1,955 SF
Price / SF$3.84
Days on Market9
Property Features for 175 SW 7th St # 1409
General Information
Standard status
Size
Class
Total Parking Spaces
Property subtype
Site & Location
Neighborhood
Additional Details
Furnished
Property Use
Taxes and HOA fees
Annual Taxes
Amenities
full services including internet, basic cable, telephone, electricity
reception area
7 glass enclosed executive offices
equipped kitchen area
copies/supplies room
Building Details
Building Size
Year Built
Listing Agency:
RE/MAX Advance Realty II
Listed By:
Kelly Salinas · License FL #3149607
(954) 643-5487
Source:
Casacollectiongroup
Added: Nov 3
Changed: Nov 11
Last Checked: Nov 10 at 4:54PM
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 RE/MAX Advance Realty II
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Investment Insights
Based on property information with market context.
This 2007 office unit is furnished and configured with a reception area, seven glass-enclosed executive offices, an equipped kitchen area, and a copy and supplies room. The corner suite is described as showing in like-new condition.
The property is at 175 SW 7th St in Miami’s Brickell area, within walking distance of Mary Brickell Village and City Center. The airport is described as minutes away.
Two assigned parking spaces are included. Full services cover internet, basic cable, telephone, and electricity.
The property is at 175 SW 7th St in Miami’s Brickell area, within walking distance of Mary Brickell Village and City Center. The airport is described as minutes away.
Two assigned parking spaces are included. Full services cover internet, basic cable, telephone, and electricity.
Key Highlights
- Corner office suite with seven glass‑enclosed executive offices
- Furnished layout includes reception, kitchen, and copy and supplies room
- Two assigned parking spaces
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$56,084
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,121,680
$1.1M
Cap Rate 7%
$801,200
$801.2K
Cap Rate 9%
$623,156
$623.2K
Market Conditions
NOI Build-Up for 1,955 SF
Gross rent
$88.0K $45.00/SF
− Vacancy
−$13.2K −$6.75/SF
EGI
$74.8K $38.25/SF
− OpEx
−$18.7K −$9.56/SF
NOI
$56.1K $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%
$1,121,680
Cap Rate 7%
$801,200
Cap Rate 9%
$623,156
Alternative Uses
Best Use
Office B
$801.2K
$701.1K – $934.7K
NOI $56,084 @ 7.0% cap
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.32M
$1.15M – $1.54M
NOI $92,375 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
19,526
Businesses Nearby
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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
$479,800
Median Home Value
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Market
Average Price Trend$/SF for Office Units in Miami, FL
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Vacancy Rate% for Office in Miami, FL
Frequently Asked Questions
What type of property is this?
Office unit - A corner suite is furnished and includes reception space, an equipped kitchen, and two assigned parking spaces.
Where is this office unit located?
The property is located at 175 SW 7th St # 1409 Miami, FL.
What are key features of this property?
This property features: Corner office suite with seven glass‑enclosed executive offices; Furnished layout includes reception, kitchen, and copy and supplies room; Two assigned parking spaces
