Office Condominium with Private
20900 NE 30th Avenue #415, Aventura, FL 33180
For Sale
Contact for pricing
Two enclosed offices complement adaptable shared workspace and an in-suite kitchenette.
Property Size110,000 SF
Price / SF$0.03
Days on Market10
Property Features for 20900 NE 30th Avenue #415
General Information
Standard status
Size
Class
Property subtype
Additional Details
Property Use
Amenities
impressive lobby
on-site banking
fitness center with showers
Building Details
Year Built
Listing Agency:
Concept Realty LLC
Listed By:
Abraham Weintraub · License #3188618
(305) 466-4243
Source:
Lehmannflorida
Added: Oct 31
Changed: Nov 8
Last Checked: Nov 8 at 6:55AM
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 550-square-foot office condominium, completed in 2007, is arranged with two private offices, an open work area and a private kitchenette. Building amenities include a lobby, round-the-clock controlled entry, covered parking, an on-site bank and a fitness center with showers. The property is in Aventura, Florida.
Key Highlights
- 550‑square‑foot office condominium
- Two private offices with an open work area
- Private kitchenette within the suite
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$3,069,594
Suggested Prices Based on Cap Rates
Cap Rate 5%
$61,391,880
$61.4M
Cap Rate 7%
$43,851,343
$43.9M
Cap Rate 9%
$34,106,600
$34.1M
Market Conditions
NOI Build-Up for 110,000 SF
Gross rent
$4.88M $44.40/SF
− Vacancy
−$791.2K −$7.19/SF
EGI
$4.09M $37.21/SF
− OpEx
−$1.02M −$9.30/SF
NOI
$3.07M $27.91/SF
Area
Miami-Dade County, FL
Vacancy
16.20%
Lease Rate
$44.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$61,391,880
Cap Rate 7%
$43,851,343
Cap Rate 9%
$34,106,600
Alternative Uses
Best Use
Office B
$43.85M
$38.37M – $51.16M
NOI $3,069,594 @ 7.0% cap · market cap 87,702.69%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$60.07M
$52.56M – $70.08M
NOI $4,204,781 @ 7.0% cap · market cap 120,136.60%
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
$471,400
Median Home Value
Market
Average Price Trend$/SF for Office Units in Aventura, FL
Properties on Market for Office Units in Aventura
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Two enclosed offices complement adaptable shared workspace and an in-suite kitchenette.
Where is this office unit located?
The property is located at 20900 NE 30th Avenue #415 Aventura, FL.
What are key features of this property?
This property features: 550‑square‑foot office condominium; Two private offices with an open work area; Private kitchenette within the suite
