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Furnished Executive Office Suite
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2112-1001 Brickell Bay Dr, Miami, FL 33131

Furnished office suite includes reception, private offices, open desks, a conference room, and kitchenette flooring with city and bay views.

Property Size3,142 SF
Price / SF$0.02
Days on Market259

Property Features for 2112-1001 Brickell Bay Dr

General Information

Standard status Active
Size 3,142 SF

Site & Location

Neighborhood Brickell Business District

Additional Details

Furnished Yes

Amenities

reception area
private offices
open area desks
conference room
kitchenette
city and bay views
Listing Agency: Compass Florida, LLC
Listed By: Michael P. Schnabel · License #3156040
Source: Exprealty
Added: Feb 10 Changed: Oct 25 Last Checked: Oct 26 at 7:45PM

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 Compass Florida, LLC

Rey
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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 furnished executive office suite is available as a sublet and includes a reception area, 10 private offices with furnishings, and two desks in an open area. The suite also features a corner conference room designed for six seats, along with a kitchenette. Carpet floors are installed throughout the space.

The corner conference room offers city and bay views.

The sublease is available through September 30, 2027.

Key Highlights

  • Furnished executive office suite with approx. 3,142 SF
  • Reception area plus 10 private offices and 2 open desk workstations
  • Corner conference room seats 6 and offers city and bay views

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$90,136
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,802,720 $1.8M
Cap Rate 7%
$1,287,657 $1.3M
Cap Rate 9%
$1,001,511 $1.0M
Market Conditions
NOI Build-Up for 3,142 SF
Gross rent
$141.4K $45.00/SF
− Vacancy
−$21.2K −$6.75/SF
EGI
$120.2K $38.25/SF
− OpEx
−$30.0K −$9.56/SF
NOI
$90.1K $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%
$1,802,720
Cap Rate 7%
$1,287,657
Cap Rate 9%
$1,001,511

Alternative Uses

Best Use
Office B
$1.29M
$1.13M – $1.50M (±1% cap)
NOI $90,136 @ 7.0% cap · market cap 152,772.88%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$2.12M
$1.86M – $2.47M (±1% cap)
NOI $148,461 @ 7.0% cap · market cap 251,628.81%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Daycare Center Nursing Home Butcher Locksmith Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

9,080
Businesses Nearby

Demographics for 33131, FL

26,213
Population
18,872
Households
1.4
Avg Household Size
37
Median Age
77%
College-Educated
98%
High-School Grad
0.5 sq mi
ZIP Area
52,426
Density / Sq Mi
$143,114
Median Household Income
$86,331
Median Earnings
$2,847
Median Rent
$621,700
Median Home Value

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 unit - Furnished office suite includes reception, private offices, open desks, a conference room, and kitchenette flooring with city and bay views.
Where is this office unit located?
The property is located at 2112-1001 Brickell Bay Dr Miami, FL.
What are key features of this property?
This property features: Furnished executive office suite with approx. 3,142 SF; Reception area plus 10 private offices and 2 open desk workstations; Corner conference room seats 6 and offers city and bay views
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Includes: Price & PSF · Cap rate · Location · Zoning

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