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Office Unit with Private Offices
New
For Sale
$715,000

201-4300 Biscayne Blvd, Miami, FL 33137

Professional suite includes private offices, conference space, reception, and kitchenette.

Property Size1,360 SF
Price / SF$525.74
Days on Market7

Property Features for 201-4300 Biscayne Blvd

General Information

Standard status Active
Size 1,360 SF
Total Parking Spaces 3

Amenities

visitor parking
generator
modern lobby
security

Building Details

Tenancy Single
Listing Agency: Metro 1
Listed By: Irene G Dakota · License #3062153
Source: Exprealty
Added: Aug 13 Changed: Aug 18 Last Checked: Aug 19 at 10:29AM

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 Metro 1

Investment Insights

Based on property information with market context.

This 1,360-square-foot office unit at 201-4300 Biscayne Blvd is arranged for professional operations, with two enclosed offices, an open collaborative area, reception, a dedicated conference room, and a kitchenette. The building provides three dedicated parking spaces, visitor parking, a generator, a modern lobby, and security.

Positioned along the Biscayne Corridor in Miami, the property is minutes from the Design District, Bay Point, Miami Beach, Midtown, and Wynwood. A tenant is in place until Nov 2027, providing a defined occupancy timeline for the purchaser.

Key Highlights

  • 1,360‑square‑foot office unit with two private offices
  • Open collaborative area, reception, conference room, and kitchenette
  • Three dedicated parking spaces plus visitor parking

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
$39,015
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
5.46%
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%
$780,300 $780.3K
Cap Rate 7%
$557,357 $557.4K
Cap Rate 9%
$433,500 $433.5K
Market Conditions
NOI Build-Up for 1,360 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
$61.2K $45.00/SF
− Vacancy
−$9.2K −$6.75/SF
EGI
$52.0K $38.25/SF
− OpEx
−$13.0K −$9.56/SF
NOI
$39.0K $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%
$780,300
Cap Rate 7%
$557,357
Cap Rate 9%
$433,500

Alternative Uses

Best Use
Office B
$557.4K
$487.7K – $650.3K (±1% cap)
NOI $39,015 @ 7.0% cap · market cap 5.46%
Second Best
no second resolved use
Theoretical Best
Specialty Retail
$918.0K
$803.3K – $1.07M (±1% cap)
NOI $64,261 @ 7.0% cap · market cap 8.99%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Butcher Nursing Home Pet Grooming Service Veterinary Clinic Buffet

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

15,383
Businesses Nearby

Demographics for 33137, FL

25,763
Population
15,237
Households
1.7
Avg Household Size
37
Median Age
51%
College-Educated
90%
High-School Grad
2.0 sq mi
ZIP Area
12,882
Density / Sq Mi
$82,798
Median Household Income
$53,519
Median Earnings
$2,338
Median Rent
$532,900
Median Home Value

Market

Vacancy Rate% for Office in Miami, FL

12.4% 2019
16.3% 2020
17% 2021
16.1% 2022
15% 2023
16.1% 2024
15.2% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Professional suite includes private offices, conference space, reception, and kitchenette.
Where is this office units located?
The property is located at 201-4300 Biscayne Blvd Miami, FL.
What is the asking price?
The asking price for this property is $715,000.
What are key features of this property?
This property features: 1,360‑square‑foot office unit with two private offices; Open collaborative area, reception, conference room, and kitchenette; Three dedicated parking spaces plus visitor parking
More about this property
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