Open-Plan Office
For Sale
Contact for pricing
21290 Biscayne # 205, Aventura, FL 33180
The open-plan interior includes vinyl flooring and one assigned parking space.
Property Size81,929 SF
Price / SF$0.03
Days on Market171
Property Features for 21290 Biscayne # 205
General Information
Standard status
Active
Size
81,929 SF
Total Parking Spaces
1
Property subtype
Office
Additional Details
Condition
Move-in Ready
Property Use
Office
Building Details
Building Size
81,929 SF
Year Built
2024
Listing Agency:
Coldwell Banker Realty
Listed By:
Angelica Fajardo · License #3283105
(786) 290-0973
Source:
Diannalantiguarealty
Added: May 13
Changed: Oct 26
Last Checked: Oct 26 at 3:53PM
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
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Investment Insights
Based on property information with market context.
This office unit has an open-plan layout, vinyl flooring, and one assigned parking space. The unit is described as move-in ready, and the building was completed in 2024.
The property is in Aventura and has a view of Biscayne Boulevard.
The property is in Aventura and has a view of Biscayne Boulevard.
Key Highlights
- Office unit with an open‑plan layout
- One assigned parking space
- Vinyl flooring
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.
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Current Use
Location Intelligence
Trade Area within ½ mile
3,528
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 - The open-plan interior includes vinyl flooring and one assigned parking space.
Where is this office unit located?
The property is located at 21290 Biscayne # 205 Aventura, FL.
What are key features of this property?
This property features: Office unit with an open‑plan layout; One assigned parking space; Vinyl flooring
