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Medical Office Building
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2025 SW 1st St, Miami, FL 33135

A gated 25-space parking lot is attached to the property.

Property Size3,828 SF
Price / SF$4.75
Days on Market5

Property Features for 2025 SW 1st St

General Information

Standard status Active
Size 3,828 SF
Total Parking Spaces 25
Property subtype Office

Space & Availability

Floor 1st Floor
Condition Move-in Ready

Site & Location

Neighborhood Citrus Grove
Road Access Yes

Additional Details

Property Use Medical Office

Taxes and HOA fees

Annual Taxes $14,424

Building Details

Building Size 3,828 SF
Year Built 1963
Buildings 1
Listing Agency: Keller Williams Eagle Realty
Listed By: Gabriel Guarch · License #3332600
Source: Luxeknows
Added: Oct 27 Changed: Oct 31 Last Checked: Oct 30 at 1:41PM

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 Keller Williams Eagle Realty

Rey
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Investment Insights

Based on property information with market context.

This 3,828-square-foot office building, constructed in 1963, includes 1,580 square feet on the first floor configured for medical use. The first-floor space is described as move-in ready, and an attached gated lot provides 25 parking spaces.

The property is on SW 1st Street in Little Havana, along a corridor leading toward Downtown, Brickell, and Coral Gables.

Key Highlights

  • 3,828‑square‑foot office building
  • 1,580‑square‑foot first‑floor medical space
  • Attached gated parking lot with 25 spaces

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$26,165
Suggested Prices Based on Cap Rates
Cap Rate 5%
$523,300 $523.3K
Cap Rate 7%
$373,786 $373.8K
Cap Rate 9%
$290,722 $290.7K
Market Conditions
NOI Build-Up for 1,580 SF
Gross rent
$47.4K $30.00/SF
− Vacancy
−$3.8K −$2.40/SF
EGI
$43.6K $27.60/SF
− OpEx
−$17.4K −$11.04/SF
NOI
$26.2K $16.56/SF
Area
Miami, FL
Vacancy
8.00%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$523,300
Cap Rate 7%
$373,786
Cap Rate 9%
$290,722

Alternative Uses

Best Use
Office B
$647.5K
$566.6K – $755.4K (±1% cap)
NOI $45,326 @ 7.0% cap · market cap 604.35%
Second Best
Healthcare Medical
$373.8K
$327.1K – $436.1K (±1% cap)
NOI $26,165 @ 7.0% cap · market cap 348.87%
Theoretical Best
Specialty Retail
$1.07M
$933.2K – $1.24M (±1% cap)
NOI $74,656 @ 7.0% cap · market cap 995.41%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Green Leaf Property ... Property Management Company

Suggested Use

Top Pick Real Estate Agency Carpet & Flooring Store Butcher (Bike/Boat/Book/etc) Store Fish Market Restaurant

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
Paved road access

Location Intelligence

Trade Area within ½ mile

4,167
Businesses Nearby

Demographics for 33135, FL

36,232
Population
15,922
Households
2.3
Avg Household Size
44
Median Age
21%
College-Educated
70%
High-School Grad
2.1 sq mi
ZIP Area
17,253
Density / Sq Mi
$37,757
Median Household Income
$28,850
Median Earnings
$1,315
Median Rent
$396,700
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

12.4% 2019
16.3% 2020
17% 2021
16.1% 2022
15% 2023
16.1% 2024
15.2% 2025

Frequently Asked Questions

What type of property is this?
Office building - A gated 25-space parking lot is attached to the property.
Where is this office building located?
The property is located at 2025 SW 1st St Miami, FL.
What are key features of this property?
This property features: 3,828‑square‑foot office building; 1,580‑square‑foot first‑floor medical space; Attached gated parking lot with 25 spaces
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