Furnished Waterfront Office
For Sale
$360,000
175 SW 7th St #1614, Miami, FL 33130
Fully built-out suite with three private offices, reception area, water views, assigned parking, and valet service.
Property Size609 SF
Price / SF$591.13
Days on Market72
Property Features for 175 SW 7th St #1614
General Information
Standard status
Active
Size
609 SF
Total Parking Spaces
1
Property subtype
Commercial
Space & Availability
Floor
13
Furnished
Yes
Site & Location
Highway Access
Yes
Public Transit
Yes
Amenities
valet service
Assigned
Carpet Flooring
Central Heating
Covered
Electric Heating
Flood Zone
Parquet Flooring
Secured
Thermostat
Valet
Building Details
Year Built
2007
Listing Agency:
DOUGLAS ELLIMAN
Listed By:
TATIANA BIJANI · License #A12066497
(305) 793-5631
Source:
Corcoran
Added: Aug 7
Changed: Oct 16
Last Checked: Oct 16 at 9:23AM
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 DOUGLAS ELLIMAN
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 609 SF office suite at Latitude One is delivered fully furnished and configured with three private offices and a reception area. The space includes water views, one assigned parking space, and valet service for visitors. The building was completed in 2007.
Positioned in Brickell’s financial district, the property is within walking distance of Brickell City Centre, Metrorail, and restaurants, with access to major highways nearby. The suite is presented as suitable for professional, legal, financial, medical, consulting, and international business operations.
Positioned in Brickell’s financial district, the property is within walking distance of Brickell City Centre, Metrorail, and restaurants, with access to major highways nearby. The suite is presented as suitable for professional, legal, financial, medical, consulting, and international business operations.
Key Highlights
- 609 SF office suite at Latitude One
- Three private offices plus a reception area
- Fully furnished, built‑out office configuration
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,471
Cap Rate
4.85%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$349,420
$349.4K
Cap Rate 7%
$249,586
$249.6K
Cap Rate 9%
$194,122
$194.1K
Market Conditions
NOI Build-Up for 609 SF
Gross rent
$27.4K $45.00/SF
− Vacancy
−$4.1K −$6.75/SF
EGI
$23.3K $38.25/SF
− OpEx
−$5.8K −$9.56/SF
NOI
$17.5K $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%
$349,420
Cap Rate 7%
$249,586
Cap Rate 9%
$194,122
Alternative Uses
Best Use
Office B
$249.6K
$218.4K – $291.2K
NOI $17,471 @ 7.0% cap · market cap 4.85%
Second Best
Healthcare Medical
$144.1K
$126.1K – $168.1K
NOI $10,085 @ 7.0% cap · market cap 2.80%
Theoretical Best
Specialty Retail
$411.1K
$359.7K – $479.6K
NOI $28,776 @ 7.0% cap · market cap 7.99%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
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
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 - Fully built-out suite with three private offices, reception area, water views, assigned parking, and valet service.
Where is this office units located?
The property is located at 175 SW 7th St #1614 Miami, FL.
What is the asking price?
The asking price for this property is $360,000.
What are key features of this property?
This property features: 609 SF office suite at Latitude One; Three private offices plus a reception area; Fully furnished, built‑out office configuration
