Freestanding Office
1920 SW 22nd St, Miami, FL 33145
For Sale
New
Contact for pricing
The property offers a full-building office option with on-site parking.
Property Size3,584 SF
Price / SF$3.75
Days on Market5
Property Features for 1920 SW 22nd St
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Additional Details
Property Use
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Parking Ratio
Listing Agency:
Fausto Commercial Realty Consultants Inc
Listed By:
Giovanni Bertolotti · License #3257942
(786) 229-2419
Source:
Batrare
Added: Nov 5
Changed: Nov 8
Last Checked: Nov 8 at 5:08PM
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 Fausto Commercial Realty Consultants Inc
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Investment Insights
Based on property information with market context.
This freestanding office building contains 3,584 square feet and was built in 1947. The property is offered as a full-building opportunity, with on-site parking providing approximately 3.3 spaces per 1,000 square feet.
Located at 1920 SW 22nd St in Miami, the property is positioned between the Brickell and Coral Gables office districts.
Located at 1920 SW 22nd St in Miami, the property is positioned between the Brickell and Coral Gables office districts.
Key Highlights
- Freestanding office building with 3,584 square feet
- Built in 1947
- On‑site parking at approximately 3.3 spaces per 1,000 SF
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$102,816
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,056,320
$2.1M
Cap Rate 7%
$1,468,800
$1.5M
Cap Rate 9%
$1,142,400
$1.1M
Market Conditions
NOI Build-Up for 3,584 SF
Gross rent
$161.3K $45.00/SF
− Vacancy
−$24.2K −$6.75/SF
EGI
$137.1K $38.25/SF
− OpEx
−$34.3K −$9.56/SF
NOI
$102.8K $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%
$2,056,320
Cap Rate 7%
$1,468,800
Cap Rate 9%
$1,142,400
Alternative Uses
Best Use
Office B
$1.47M
$1.29M – $1.71M
NOI $102,816 @ 7.0% cap · market cap 764.43%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$2.42M
$2.12M – $2.82M
NOI $169,346 @ 7.0% cap · market cap 1,259.08%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
3,547
Businesses Nearby
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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
$560,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Office buildings in Miami, FL
Properties on Market for Office buildings in Miami
Vacancy Rate% for Office in Miami, FL
Frequently Asked Questions
What type of property is this?
Office building - The property offers a full-building office option with on-site parking.
Where is this office building located?
The property is located at 1920 SW 22nd St Miami, FL.
What are key features of this property?
This property features: Freestanding office building with 3,584 square feet; Built in 1947; On‑site parking at approximately 3.3 spaces per 1,000 SF
