Class A Office
For Sale
$340,000
175 SW 7th Street #1805, Miami, FL 33130
Class A office suite with glass partitioning and one assigned parking space near transit and dining.
Property Size560 SF
Price / SF$607.14
Days on Market31
Property Features for 175 SW 7th Street #1805
General Information
Standard status
Active
Size
560 SF
Class
A
Total Parking Spaces
1
Zoning
6600
Additional Details
Highway Access
Yes
Building Details
Building Size
560 SF
Year Built
2007
Listing Agency:
Premier Global Brokers, LLC
(786) 315-0785
Listed By:
Valka A Rodriguez · License #3255357
(786) 315-0785
Source:
Laerrealty
Added: Jul 7
Changed: Jul 10
Last Checked: Jul 10 at 2:13PM
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 Premier Global Brokers, LLC
Investment Insights
Based on property information with market context.
This Class A office suite is configured with a glass partition providing space for a private office or conference room. The offering includes one assigned parking space, supporting day-to-day client and staff access.
The suite is located within walking distance of BCC and Metro-Rail, along with nearby restaurants, banks, and markets. The property also offers easy access to I-95 and downtown.
The space is well suited for an owner-user seeking a professional, privacy-focused office arrangement, or for an investor looking for a currently leased suite. The property is rented for $2,300 through July 15, 2026, providing an in-place income stream during the lease term.
The suite is located within walking distance of BCC and Metro-Rail, along with nearby restaurants, banks, and markets. The property also offers easy access to I-95 and downtown.
The space is well suited for an owner-user seeking a professional, privacy-focused office arrangement, or for an investor looking for a currently leased suite. The property is rented for $2,300 through July 15, 2026, providing an in-place income stream during the lease term.
Key Highlights
- Class A office suite built in 2007
- 560 SF office with glass partitioning for a private office or conference room
- 1 assigned parking space included
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
$16,065
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
4.73%
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%
$321,300
$321.3K
Cap Rate 7%
$229,500
$229.5K
Cap Rate 9%
$178,500
$178.5K
Market Conditions
NOI Build-Up for 560 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
$25.2K $45.00/SF
− Vacancy
−$3.8K −$6.75/SF
EGI
$21.4K $38.25/SF
− OpEx
−$5.4K −$9.56/SF
NOI
$16.1K $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 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%
$321,300
Cap Rate 7%
$229,500
Cap Rate 9%
$178,500
Alternative Uses
Best Use
Office B
$229.5K
$200.8K – $267.8K
NOI $16,065 @ 7.0% cap · market cap 4.73%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$378.0K
$330.8K – $441.0K
NOI $26,460 @ 7.0% cap · market cap 7.78%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
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
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 - Class A office suite with glass partitioning and one assigned parking space near transit and dining.
Where is this office units located?
The property is located at 175 SW 7th Street #1805 Miami, FL.
What is the asking price?
The asking price for this property is $340,000.
What are key features of this property?
This property features: Class A office suite built in 2007; 560 SF office with glass partitioning for a private office or conference room; 1 assigned parking space included
