Furnished Shared Corner Coworking
175 SW 7th St # 1612, Miami, FL 33130
For Sale
Contact for pricing
Fully furnished workspace with private offices, reception, conference access, kitchen, and a client-facing setting along the Miami Riverwalk.
Property Size2,124 SF
Days on Market151
Property Features for 175 SW 7th St # 1612
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Additional Details
Furnished
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Listing Agency:
Luxe Properties
Listed By:
Maria (Lole) Prieto · License #3322082
(786) 260-9707
Source:
Luxeknows
Added: Jun 12
Changed: Nov 2
Last Checked: Nov 8 at 3:04PM
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 Luxe Properties
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Investment Insights
Based on property information with market context.
Fully furnished shared corner office within the Latitude Office Building, offering up to 762 SF of exclusive workspace across three distinct areas. The configuration includes a 25' x 12' private office desk area measuring 299 SF, a 20' x 19' five-person workstation area measuring 384 SF, and an 8' x 10' reception desk workstation measuring 80 SF. The workspace also includes a private entry waiting room measuring 340 SF, daily access to a dedicated 227 SF conference room, and a private kitchen and break area.
The office is co-occupied by two established financial services professionals, creating a quiet, refined environment for client-facing businesses. Tenant improvement is permitted for additional privacy if needed. The Latitude Office Building is located at 175 SW 7th St # 1612 in Miami, directly along the Miami Riverwalk, with on-site restaurants and valet parking.
The office is co-occupied by two established financial services professionals, creating a quiet, refined environment for client-facing businesses. Tenant improvement is permitted for additional privacy if needed. The Latitude Office Building is located at 175 SW 7th St # 1612 in Miami, directly along the Miami Riverwalk, with on-site restaurants and valet parking.
Key Highlights
- Up to 762 SF of exclusive workspace across three distinct areas
- 25' x 12' private office desk area; 299 SF
- 20' x 19' five‑person workstation area; 384 SF
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$60,932
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,218,640
$1.2M
Cap Rate 7%
$870,457
$870.5K
Cap Rate 9%
$677,022
$677.0K
Market Conditions
NOI Build-Up for 2,124 SF
Gross rent
$95.6K $45.00/SF
− Vacancy
−$14.3K −$6.75/SF
EGI
$81.2K $38.25/SF
− OpEx
−$20.3K −$9.56/SF
NOI
$60.9K $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%
$1,218,640
Cap Rate 7%
$870,457
Cap Rate 9%
$677,022
Alternative Uses
Best Use
Office B
$870.5K
$761.7K – $1.02M
NOI $60,932 @ 7.0% cap · market cap 1,417.02%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.43M
$1.25M – $1.67M
NOI $100,360 @ 7.0% cap · market cap 2,333.95%
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 Coworking space in Miami, FL
Properties on Market for Coworking space in Miami
Vacancy Rate% for Office in Miami, FL
Frequently Asked Questions
What type of property is this?
Coworking space - Fully furnished workspace with private offices, reception, conference access, kitchen, and a client-facing setting along the Miami Riverwalk.
Where is this coworking space located?
The property is located at 175 SW 7th St # 1612 Miami, FL.
What are key features of this property?
This property features: Up to 762 SF of exclusive workspace across three distinct areas; 25' x 12' private office desk area; 299 SF; 20' x 19' five‑person workstation area; 384 SF
