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10th-Floor Office Suite with Parking
For Sale
$980,000

20200 W Dixie Hwy 1008, Miami, FL 33180

Brand-new office suite with floor-to-ceiling windows, glass dividers, and direct elevator access from a covered parking garage.

Property Size1,926 SF
Price / SF$508.83
Days on Market53

Property Features for 20200 W Dixie Hwy 1008

General Information

Standard status Active
Size 1,926 SF
Property subtype Commercial

Additional Details

Highway Access Yes

Building Details

Year Built 2016
Listing Agency: Partnership Realty Inc.
Listed By: Fernando Villagran · License #3439247
Source: Elliman
Added: Jun 15 Changed: Jul 10 Last Checked: Aug 5 at 12:05PM

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 Partnership Realty Inc.

Investment Insights

Based on property information with market context.

This brand-new office building offers a premium, move-in-ready workspace located on the 10th floor. The suite features elegant glass dividers and an expansive open area. Interior finishes include marble floors throughout, with floor-to-ceiling windows and city views. The space also includes built-in conveniences such as a microwave, coffee maker, and refrigerator, along with a sleek white wall unit.

The building is described as being in the heart of Aventura, near major roads and Aventura Mall. The property is located between Dixie Hwy and Ives Dairy Road, with access to nearby commercial and institutional uses. The parking garage is equipped with covered parking and direct elevator access from the parking area.

This suite is well suited for professional users who value a modern, light-filled office layout and controlled access parking. The presence of motorized curtains with remote control can help manage daylight and privacy, while the open floor plan and glass dividers support flexible tenant layouts. With these features and a direct connection from covered parking via the elevator, the space is designed to support day-to-day operations for office-based teams.

Key Highlights

  • Brand‑new office building/Suite, year built 2016, in the heart of Aventura
  • 10th‑floor office with 1,926 sq. ft. interior space and stunning city views
  • Floor‑to‑ceiling windows with motorized curtains (remote control)

Financial Insights For Office B

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 $86.7k $45.00
− Vacancy −$13.0k −$6.75
EGI $73.7k $38.25
− OpEx −$18.4k −$9.56
NOI $55.3k $28.69
1,926 SF · lease $45.00/SF/yr · vacancy 15.00% · expense 25.00%

Alternative Uses

Best Use
Office B
$789.3K
$690.7K – $920.9K (±1% cap)
NOI $55,252 @ 7.0% cap · market cap 5.64%
Second Best
no second resolved use
Theoretical Best
Specialty Retail
$1.30M
$1.14M – $1.52M (±1% cap)
NOI $91,004 @ 7.0% cap · market cap 9.29%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Adopt A Contractor - Let's ... Marketing & Advertising Rosemberg Law Law Firm London Foster Realty Real Estate Agency Portsoft LLC (Bike/Boat/Book/etc) Store Psychic Twin Flame ... Spiritual Center

Suggested Use

Top Pick Auto Parts Store Veterinary Clinic Butcher Tattoo & Piercing Shop (Bike/Boat/Book/etc) Store Fish Market

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

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

4,798
Businesses Nearby

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 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 - Brand-new office suite with floor-to-ceiling windows, glass dividers, and direct elevator access from a covered parking garage.
Where is this office units located?
The property is located at 20200 W Dixie Hwy 1008 Miami, FL.
What is the asking price?
The asking price for this property is $980,000.
What are key features of this property?
This property features: Brand‑new office building/Suite, year built 2016, in the heart of Aventura; 10th‑floor office with 1,926 sq. ft. interior space and stunning city views; Floor‑to‑ceiling windows with motorized curtains (remote control)
More about this property
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