Stand-Alone Office
For Sale
Contact for pricing
1875 SW 22nd St, Miami, FL 33145
Its adaptable interior can accommodate private offices, meeting rooms, or open work areas.
Property Size3,577 SF
Lot Size0.25 Acres
Price / SF$4.19
Days on Market274
Property Features for 1875 SW 22nd St
General Information
Standard status
Active
Size
3,577 SF
Lot size
0.25 Acres
Property subtype
Office
Site & Location
Neighborhood
Allapattah Industrial District
Road Access
Yes
Additional Details
Property Use
Office
Taxes and HOA fees
Annual Taxes
$39,891
Building Details
Building Size
3,577 SF
Year Built
1955
Buildings
1
Listing Agency:
Compass Florida, LLC
Listed By:
Alessandro Lima · License #3404498
(305) 964-9688
Source:
Insidenetworkco
Added: Jan 26
Changed: Oct 27
Last Checked: Oct 27 at 3:41AM
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 Compass Florida, LLC
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This stand-alone office property contains approximately 3,577 SF on an approximately 11,000 SF lot. The interior can be arranged for private offices, conference rooms, or open workspace, and on-site parking is available.
The building fronts Coral Way, also identified as SW 22nd Street, in Miami. Brickell, Downtown Miami, Coconut Grove, and Coral Gables are cited as nearby destinations, with major roadways and public transportation also accessible from the area.
The building fronts Coral Way, also identified as SW 22nd Street, in Miami. Brickell, Downtown Miami, Coconut Grove, and Coral Gables are cited as nearby destinations, with major roadways and public transportation also accessible from the area.
Key Highlights
- Stand‑alone office building with approximately 3,577 SF of space
- Approximately 11,000 SF lot
- Frontage on Coral Way, also known as SW 22nd Street
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$102,615
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,052,300
$2.1M
Cap Rate 7%
$1,465,929
$1.5M
Cap Rate 9%
$1,140,167
$1.1M
Market Conditions
NOI Build-Up for 3,577 SF
Gross rent
$161.0K $45.00/SF
− Vacancy
−$24.1K −$6.75/SF
EGI
$136.8K $38.25/SF
− OpEx
−$34.2K −$9.56/SF
NOI
$102.6K $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%
$2,052,300
Cap Rate 7%
$1,465,929
Cap Rate 9%
$1,140,167
Alternative Uses
Best Use
Office B
$1.47M
$1.28M – $1.71M
NOI $102,615 @ 7.0% cap · market cap 684.10%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$2.41M
$2.11M – $2.82M
NOI $169,015 @ 7.0% cap · market cap 1,126.77%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
3,547
Businesses Nearby
Explore this area
Business Placement
Demographics for 33145, FL
29,737
Population
12,773
Households
2.3
Avg Household Size
44
Median Age
42%
College-Educated
85%
High-School Grad
2.5 sq mi
ZIP Area
11,895
Density / Sq Mi
$70,592
Median Household Income
$43,039
Median Earnings
$1,769
Median Rent
$560,300
Median Home Value
Market
Vacancy Rate% for Office in Miami, FL
Frequently Asked Questions
What type of property is this?
Office building - Its adaptable interior can accommodate private offices, meeting rooms, or open work areas.
Where is this office building located?
The property is located at 1875 SW 22nd St Miami, FL.
What are key features of this property?
This property features: Stand‑alone office building with approximately 3,577 SF of space; Approximately 11,000 SF lot; Frontage on Coral Way, also known as SW 22nd Street
