Remodeled Office Suite with
20200 W DIXIE HIGHWAY Unit 1003 Aventura, FL 33180
For Sale
$475,000
Pending
Remodeled, fully furnished office suite offers three small offices and a conference room with ample parking.
Property Size1,000 SF
Days on Market3353
Property Features for 20200 W DIXIE HIGHWAY Unit 1003
General Information
- Standard status
- Pending
- Size
- 1,000 SF
- Property subtype
- General Commercial
Listing Agency:
Fortune International Realty Brickell Inc
(305) 778-6486
Listed By:
Fernando Rodriguez · License #A12013506
(305) 778-6486
Source:
Xome
Added: May 22, 2017
Changed: Jul 25
Last Checked: Jul 25 at 7:49AM
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 Fortune International Realty Brickell Inc
Investment Insights
Based on property information with market context.
This remodeled and fully furnished office suite totals approximately 1,000 square feet and is configured with three small offices plus a conference room. The space is presented ready for occupancy with furnishings already in place.
The office is located in the newest office building in Aventura, situated across from Aventura Mall. The building sits on the corner between Ives Dairy Rd and Biscayne Blvd, providing convenient access for visitors and staff.
The suite’s compact office layout makes it suitable for teams that need multiple private rooms along with a dedicated meeting space.
The office is located in the newest office building in Aventura, situated across from Aventura Mall. The building sits on the corner between Ives Dairy Rd and Biscayne Blvd, providing convenient access for visitors and staff.
The suite’s compact office layout makes it suitable for teams that need multiple private rooms along with a dedicated meeting space.
Key Highlights
- Remodeled, fully furnished office suite with 1,000 sq ft of interior space
- Includes 3 small offices plus a conference room
- 3 guest facilities included
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 | $45.6k | $45.60 |
| − Vacancy | −$10.3k | −$10.26 |
| EGI | $35.3k | $35.34 |
| − OpEx | −$8.8k | −$8.84 |
| NOI | $26.5k | $26.51 |
1,000 SF · lease $45.60/SF/yr · vacancy 22.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$378.6K
$331.3K – $441.8K
NOI $26,505 @ 7.0% cap · market cap 5.58%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$507.3K
$443.9K – $591.9K
NOI $35,514 @ 7.0% cap · market cap 7.48%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office Units
FAQs
What type of property is this?
Office units - Remodeled, fully furnished office suite offers three small offices and a conference room with ample parking.
Where is this office units located?
The property is located at 20200 W DIXIE HIGHWAY Unit 1003 Aventura, FL.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Remodeled, fully furnished office suite with 1,000 sq ft of interior space; Includes 3 small offices plus a conference room; 3 guest facilities included
