Office Unit with Rooftop Sky
For Sale
$315,000
19790 W Dixie Hwy Unit 403, Aventura, FL 33180
Modern office unit with private offices, conference space, and assigned garage parking.
Property Size426 SF
Price / SF$739.44
Days on Market48
Property Features for 19790 W Dixie Hwy Unit 403
General Information
Standard status
Active
Size
426 SF
Site & Location
Neighborhood
Aventura Town Center
Amenities
Sky Lounge
conference hall
coffee area
games
Building Details
Year Built
2019
Listing Agency:
Coldwell Banker Realty
Listed By:
Vanessa Defreitas-Hansen · License #3039196
(754) 235-5505
Source:
Chenoregroup
Added: Sep 11
Changed: Oct 26
Last Checked: Oct 7 at 3:25PM
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 Coldwell Banker Realty
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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 office unit includes two private windowed offices, a conference room, and a larger open meeting area. The space features 14-foot ceilings and is located within Forum Aventura, a 2019 commercial office condominium designed by Arquitectonica. Additional building amenities include a rooftop Sky Lounge, outdoor meeting areas with city views, a conference hall, coffee area, and games area. Assigned parking is provided in the adjacent garage.
The property is at 19790 W Dixie Hwy, Unit 403, in Aventura, close to Aventura Mall and within the city’s commercial district. The building combines individual office ownership with shared meeting and hospitality-oriented spaces for business use.
The property is at 19790 W Dixie Hwy, Unit 403, in Aventura, close to Aventura Mall and within the city’s commercial district. The building combines individual office ownership with shared meeting and hospitality-oriented spaces for business use.
Key Highlights
- 426 property size
- Two private window offices plus conference and open meeting areas
- 14‑foot ceilings
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,291
Cap Rate
3.58%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$225,820
$225.8K
Cap Rate 7%
$161,300
$161.3K
Cap Rate 9%
$125,456
$125.5K
Market Conditions
NOI Build-Up for 426 SF
Gross rent
$19.4K $45.60/SF
− Vacancy
−$4.4K −$10.26/SF
EGI
$15.1K $35.34/SF
− OpEx
−$3.8K −$8.84/SF
NOI
$11.3K $26.51/SF
Area
Miami-Dade County, FL
Vacancy
22.50%
Lease Rate
$45.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$225,820
Cap Rate 7%
$161,300
Cap Rate 9%
$125,456
Alternative Uses
Best Use
Office B
$161.3K
$141.1K – $188.2K
NOI $11,291 @ 7.0% cap · market cap 3.58%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$216.1K
$189.1K – $252.2K
NOI $15,129 @ 7.0% cap · market cap 4.80%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
4,305
Businesses Nearby
Explore this area
Business Placement
Demographics for 33180, FL
35,062
Population
21,112
Households
1.7
Avg Household Size
45
Median Age
55%
College-Educated
95%
High-School Grad
3.3 sq mi
ZIP Area
10,625
Density / Sq Mi
$88,613
Median Household Income
$51,612
Median Earnings
$2,480
Median Rent
$471,400
Median Home Value
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Modern office unit with private offices, conference space, and assigned garage parking.
Where is this office unit located?
The property is located at 19790 W Dixie Hwy Unit 403 Aventura, FL.
What is the asking price?
The asking price for this property is $315,000.
What are key features of this property?
This property features: 426 property size; Two private window offices plus conference and open meeting areas; 14‑foot ceilings
