Office Condominium
For Sale
Contact for pricing
20900 NE 30th Ave # 310, Aventura, FL 33180
Building amenities include round-the-clock access, individual utility metering, and climate control.
Property Size110,000 SF
Price / SF$0.06
Days on Market264
Property Features for 20900 NE 30th Ave # 310
General Information
Standard status
Active
Size
110,000 SF
Net Rentable
1,350 SF
Property subtype
Office
Additional Details
Property Use
Office
Taxes and HOA fees
Annual Taxes
$4,193
Amenities
24-hour access
gym
wi-fi
lobby with 20-foot ceiling
individual meters
climate control
Building Details
Building Size
110,000 SF
Year Built
2007
Listing Agency:
Concept Realty LLC
Listed By:
Abraham Weintraub · License #3188618
(305) 466-4243
Source:
Diannalantiguarealty
Added: Feb 6
Changed: Oct 26
Last Checked: Oct 26 at 4:06PM
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 Concept Realty LLC
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This office condominium contains 1,350 rentable square feet. The building, completed in 2007, provides Wi-Fi, a fitness room, and a lobby with a 20-foot ceiling. Individual meters and climate control serve the office space, and parking is available on site.
Key Highlights
- 1,350 rentable square feet of office space
- Office condominium in a 110,000‑square‑foot building
- Building completed in 2007
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$2,915,550
Suggested Prices Based on Cap Rates
Cap Rate 5%
$58,311,000
$58.3M
Cap Rate 7%
$41,650,714
$41.7M
Cap Rate 9%
$32,395,000
$32.4M
Market Conditions
NOI Build-Up for 110,000 SF
Gross rent
$5.02M $45.60/SF
− Vacancy
−$1.13M −$10.26/SF
EGI
$3.89M $35.34/SF
− OpEx
−$971.9K −$8.84/SF
NOI
$2.92M $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%
$58,311,000
Cap Rate 7%
$41,650,714
Cap Rate 9%
$32,395,000
Alternative Uses
Best Use
Office B
$41.65M
$36.44M – $48.59M
NOI $2,915,550 @ 7.0% cap · market cap 44,854.62%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$55.81M
$48.83M – $65.11M
NOI $3,906,535 @ 7.0% cap · market cap 60,100.54%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
331
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 South region
Frequently Asked Questions
What type of property is this?
Office unit - Building amenities include round-the-clock access, individual utility metering, and climate control.
Where is this office unit located?
The property is located at 20900 NE 30th Ave # 310 Aventura, FL.
What are key features of this property?
This property features: 1,350 rentable square feet of office space; Office condominium in a 110,000‑square‑foot building; Building completed in 2007
