Office Unit with City
For Sale
$980,000
20200 W Dixie Hwy # 1008, Miami, FL 33180
Modern tenth-floor workspace with marble finishes, floor-to-ceiling windows, and covered parking with elevator access.
Property Size86,555 SF
Price / SF$508.83
Days on Market58
Property Features for 20200 W Dixie Hwy # 1008
General Information
Standard status
Active
Size
86,555 SF
Elevators
Yes
Property subtype
Office
Space & Availability
Floor
10
Furnished
Yes
Additional Details
Highway Access
Yes
Amenities
elegant glass dividers
marble floors
floor-to-ceiling windows
motorized curtains
covered parking
Building Details
Building Size
86,555 SF
Year Built
2016
Buildings
1
Abandoned
No
Listing Agency:
Partnership Realty Inc.
(954) 699-8192
Listed By:
Fernando Villagran · License #3439247
Source:
Relinkre
Added: Jun 10
Changed: Aug 5
Last Checked: Aug 6 at 3:40AM
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 1,926 SF office unit occupies the 10th floor of a building completed in 2016. The interior includes glass dividers, a large open work area, marble flooring, and a white wall unit. A break area is equipped with a microwave, coffee maker, and refrigerator. Floor-to-ceiling windows provide city views and include motorized curtains operated by remote control.
The property is located on W Dixie Hwy near Aventura Mall, a hospital, shopping centers, and major roads. Covered parking is provided, with direct elevator access from the parking area. The office is positioned between Dixie Hwy and Ives Dairy Road, offering access to the surrounding commercial area.
The property is located on W Dixie Hwy near Aventura Mall, a hospital, shopping centers, and major roads. Covered parking is provided, with direct elevator access from the parking area. The office is positioned between Dixie Hwy and Ives Dairy Road, offering access to the surrounding commercial area.
Key Highlights
- 1,926 SF office unit on the 10th floor
- Floor‑to‑ceiling windows with city views and motorized curtains
- Marble flooring, glass dividers, and spacious open area
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
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
NOI $91,004 @ 7.0% cap · market cap 9.29%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
4,798
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 Miami, FL
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Modern tenth-floor workspace with marble finishes, floor-to-ceiling windows, and covered parking with elevator access.
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: 1,926 SF office unit on the 10th floor; Floor‑to‑ceiling windows with city views and motorized curtains; Marble flooring, glass dividers, and spacious open area
