Office Unit with Glass
For Sale
Contact for pricing
21290 Biscayne # 412, Aventura, FL 33180
An open-plan interior combines exposed ceilings, ceramic flooring, and an assigned parking space.
Property Size81,929 SF
Price / SF$0.03
Days on Market171
Property Features for 21290 Biscayne # 412
General Information
Standard status
Active
Size
81,929 SF
Total Parking Spaces
1
Property subtype
Office
Space & Availability
Floor
Top Floor
Condition
Move-in Ready
Additional Details
Property Use
Office
Building Details
Building Size
81,929 SF
Year Built
2024
Stories
4
Listing Agency:
Coldwell Banker Realty
Listed By:
Angelica Fajardo · License #3283105
(786) 290-0973
Source:
Diannalantiguarealty
Added: May 13
Changed: Oct 30
Last Checked: Oct 26 at 3:58PM
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 Coldwell Banker Realty
Ask AI about this property
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 features an open-plan layout, exposed ceiling, and ceramic flooring. Fourteen-foot floor-to-ceiling glass brings natural light into the space. The building was constructed in 2024 and has four stories. One assigned parking space is included with the office.
Key Highlights
- 14‑foot floor‑to‑ceiling glass windows
- Open‑plan office with exposed ceiling and ceramic flooring
- One assigned parking space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$2,171,528
Suggested Prices Based on Cap Rates
Cap Rate 5%
$43,430,560
$43.4M
Cap Rate 7%
$31,021,829
$31.0M
Cap Rate 9%
$24,128,089
$24.1M
Market Conditions
NOI Build-Up for 81,929 SF
Gross rent
$3.74M $45.60/SF
− Vacancy
−$840.6K −$10.26/SF
EGI
$2.90M $35.34/SF
− OpEx
−$723.8K −$8.84/SF
NOI
$2.17M $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%
$43,430,560
Cap Rate 7%
$31,021,829
Cap Rate 9%
$24,128,089
Alternative Uses
Best Use
Office B
$31.02M
$27.14M – $36.19M
NOI $2,171,528 @ 7.0% cap · market cap 80,426.96%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$41.57M
$36.37M – $48.49M
NOI $2,909,623 @ 7.0% cap · market cap 107,763.81%
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
3,528
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 - An open-plan interior combines exposed ceilings, ceramic flooring, and an assigned parking space.
Where is this office unit located?
The property is located at 21290 Biscayne # 412 Aventura, FL.
What are key features of this property?
This property features: 14‑foot floor‑to‑ceiling glass windows; Open‑plan office with exposed ceiling and ceramic flooring; One assigned parking space
