Aventura Luxury Office
For Sale
$4,500,000
20900 NE 30 Th Avenue, Aventura, FL 33180
Luxury office condominium in Aventura with high-end finishes.
Property Size5,924 SF
Price / SF$759.62
Days on Market190
Property Features for 20900 NE 30 Th Avenue
General Information
Standard status
Active
Size
5,924 SF
Property subtype
Land
Lease Term
[]
Listing Agency:
Moon Key Realty,LLC
Listed By:
Fernando Levy Hara · License #3244335
(786) 975-7921
Source:
Onesothebysrealty
Added: Apr 24
Changed: Oct 30
Last Checked: Oct 28 at 8:30AM
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 Moon Key Realty,LLC
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Investment Insights
Based on property information with market context.
This luxury condominium office space, located in a Class A office building in the heart of Aventura, offers 5,924 net rentable square feet. The unit features a lobby with a front desk, two conference rooms, 13 private offices, two file rooms, an open work area with 14 workstations, a copy room, and a large kitchen/break room. The space is enhanced by a 13-foot high ceiling and luxury finishes. The office building includes luxury finishes, a double-height lobby, a coffee shop in a tropical breezeway, a bank, and a fitness center with showers. The unit comes with 22 reserved parking spaces on the second and third floors of a covered garage adjacent to the building, with guest parking available at no charge. The property is very bikeable (bike score 75) and very walkable (walk score 83), with some transit options available (transit score 43). The current owners can move out quickly.
Key Highlights
- 5,924 sq ft luxury condominium office in Aventura's Class A building.
- Benefit from 22 reserved parking spaces in covered garage, plus free guest parking.
- Move‑in ready, current owners can vacate quickly.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$157,016
Cap Rate
3.49%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,140,320
$3.1M
Cap Rate 7%
$2,243,086
$2.2M
Cap Rate 9%
$1,744,622
$1.7M
Market Conditions
NOI Build-Up for 5,924 SF
Gross rent
$270.1K $45.60/SF
− Vacancy
−$60.8K −$10.26/SF
EGI
$209.4K $35.34/SF
− OpEx
−$52.3K −$8.84/SF
NOI
$157.0K $26.51/SF
Area
Miami-Dade County, FL
Vacancy
22.50%
Lease Rate
$45.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,140,320
Cap Rate 7%
$2,243,086
Cap Rate 9%
$1,744,622
Alternative Uses
Best Use
Office B
$2.24M
$1.96M – $2.62M
NOI $157,016 @ 7.0% cap · market cap 3.49%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.01M
$2.63M – $3.51M
NOI $210,385 @ 7.0% cap · market cap 4.68%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
331
Businesses Nearby
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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
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Luxury office condominium in Aventura with high-end finishes.
Where is this office unit located?
The property is located at 20900 NE 30 Th Avenue Aventura, FL.
What is the asking price?
The asking price for this property is $4,500,000.
What are key features of this property?
This property features: 5,924 sq ft luxury condominium office in Aventura's Class A building.; Benefit from **22 reserved parking spaces** in covered garage, plus free guest parking.; Move‑in ready, current owners can vacate quickly.
