201-909 N Miami Beach Blvd North Miami Beach, FL 33162
For Sale
$749,000
Office Units
Property Size3,278 SF
Price / SF$228.49
Days on Market52
Property Features for 201-909 N Miami Beach Blvd
General Information
Standard status
Active
Size
3,278 SF
Listing Agency:
RE/MAX Advance Realty II
(305) 794-9773
Listed By:
Paul Silverstein · License #A12000239
(305) 794-9773
Source:
Exprealty
Added: Jun 9
Changed: Jul 10
Last Checked: Jul 29 at 7:55PM
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 RE/MAX Advance Realty II
Investment Insights
Based on property information with market context.
Key Highlights
- 3,278 SF office condominium suite (Suite 201) at 909 N Miami Beach Blvd, directly across from the elevator
- Law firm layout with seven large private offices and a spacious bullpen with six large workstations
- Reception area plus custom built‑in bookcases and ample storage throughout
Financial Insights For Healthcare Medical
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $78.7k | $24.00 |
| − Vacancy | −$6.7k | −$2.04 |
| EGI | $72.0k | $21.96 |
| − OpEx | −$28.8k | −$8.78 |
| NOI | $43.2k | $13.18 |
3,278 SF · lease $24.00/SF/yr · vacancy 8.50% · expense 40.00%
Alternative Uses
Best Use
Office B
$1.24M
$1.09M – $1.45M
NOI $86,883 @ 7.0% cap · market cap 11.60%
Second Best
Healthcare Medical
$617.0K
$539.9K – $719.9K
NOI $43,191 @ 7.0% cap · market cap 5.77%
Theoretical Best
Office A
$1.66M
$1.46M – $1.94M
NOI $116,415 @ 7.0% cap · market cap 15.54%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
Where is this office units located?
The property is located at 201-909 N Miami Beach Blvd North Miami Beach, FL.
What is the asking price?
The asking price for this property is $749,000.
What are key features of this property?
This property features: 3,278 SF office condominium suite (Suite 201) at 909 N Miami Beach Blvd, directly across from the elevator; Law firm layout with seven large private offices and a spacious bullpen with six large workstations; Reception area plus custom built‑in bookcases and ample storage throughout
