North-Facing Office
For Sale
$749,000
Pending
20200 W Dixie Highway #1102, Miami, FL 33180
Move-in ready office suite with natural light, cubicle area, and a large conference room with teleconference capability.
Property Size1,209 SF
Days on Market128
Property Features for 20200 W Dixie Highway #1102
General Information
Standard status
Pending
Size
1,209 SF
Property subtype
Commercial
Additional Details
Business Included
Yes
Taxes and HOA fees
Annual Taxes
$8,519
Building Details
Year Built
2016
Listing Agency:
WILSHIRE ADVISORY GROUP CORP
Listed By:
GONZALO RICARDO RIOJA · License #A11770021
(305) 262-0246
Source:
Corcoran
Added: Jun 10
Changed: Oct 10
Last Checked: Oct 14 at 11:34PM
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 WILSHIRE ADVISORY GROUP CORP
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This office suite offers an efficient, well-defined layout designed for everyday work flow. It includes three window offices, a large cubicle area, and a large conference room equipped with a visual teleconference system. High-end furniture improvements are included, supporting a plug-and-play setup for an immediate transition.
The space is positioned to take advantage of north/northwest views and natural light. The property is located at 20200 W Dixie Highway in suite #1102, with the suite available for sale and also offered as an option for lease.
For tenants or buyers seeking a ready-to-operate office environment, the combination of window offices, open workstations, and conference space can support team-based operations as well as client meetings. The included furnishings and immediate move-in condition reduce upfront timeline and fit-out demands, while the teleconference-ready conference room supports hybrid communication needs.
The space is positioned to take advantage of north/northwest views and natural light. The property is located at 20200 W Dixie Highway in suite #1102, with the suite available for sale and also offered as an option for lease.
For tenants or buyers seeking a ready-to-operate office environment, the combination of window offices, open workstations, and conference space can support team-based operations as well as client meetings. The included furnishings and immediate move-in condition reduce upfront timeline and fit-out demands, while the teleconference-ready conference room supports hybrid communication needs.
Key Highlights
- Office space in a building built in 2016
- North/Northwest‑facing office space with plenty of natural light
- Efficient layout with 3 window offices plus a large cubicle area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,683
Cap Rate
4.63%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$693,660
$693.7K
Cap Rate 7%
$495,471
$495.5K
Cap Rate 9%
$385,367
$385.4K
Market Conditions
NOI Build-Up for 1,209 SF
Gross rent
$54.4K $45.00/SF
− Vacancy
−$8.2K −$6.75/SF
EGI
$46.2K $38.25/SF
− OpEx
−$11.6K −$9.56/SF
NOI
$34.7K $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 Rate 5%
$693,660
Cap Rate 7%
$495,471
Cap Rate 9%
$385,367
Alternative Uses
Best Use
Office B
$495.5K
$433.5K – $578.1K
NOI $34,683 @ 7.0% cap · market cap 4.63%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$816.1K
$714.1K – $952.1K
NOI $57,126 @ 7.0% cap · market cap 7.63%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
Turnkey business
Opportunity
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in Miami, FL
Frequently Asked Questions
What type of property is this?
Office units - Move-in ready office suite with natural light, cubicle area, and a large conference room with teleconference capability.
Where is this office units located?
The property is located at 20200 W Dixie Highway #1102 Miami, 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: Office space in a building built in 2016; North/Northwest‑facing office space with plenty of natural light; Efficient layout with 3 window offices plus a large cubicle area
