Office
For Sale
Contact for pricing
2307 S Douglas RD # 403, Miami, FL 33145
The office space is identified as Suite 403 at 2307 S Douglas Road.
Property Size14,000 SF
Price / SF$0.16
Days on Market11
Property Features for 2307 S Douglas RD # 403
General Information
Standard status
Active
Size
14,000 SF
Property subtype
Office
Building Details
Building Size
14,000 SF
Year Built
1991
Listing Agency:
International Sunshine Realty
Listed By:
Wilson Alayo · License #0447462
Source:
Allyandaj
Added: Oct 6
Changed: Oct 13
Last Checked: Oct 15 at 5:46AM
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 International Sunshine 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.
The office property is listed at 14,000 square feet and was built in 1991. Its address is 2307 S Douglas Road, Suite 403, Miami, FL 33145.
Key Highlights
- 14,000‑square‑foot office property
- Built in 1991
- Located at 2307 S Douglas Road, Suite 403, Miami, FL 33145
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$401,625
Suggested Prices Based on Cap Rates
Cap Rate 5%
$8,032,500
$8.0M
Cap Rate 7%
$5,737,500
$5.7M
Cap Rate 9%
$4,462,500
$4.5M
Market Conditions
NOI Build-Up for 14,000 SF
Gross rent
$630.0K $45.00/SF
− Vacancy
−$94.5K −$6.75/SF
EGI
$535.5K $38.25/SF
− OpEx
−$133.9K −$9.56/SF
NOI
$401.6K $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%
$8,032,500
Cap Rate 7%
$5,737,500
Cap Rate 9%
$4,462,500
Alternative Uses
Best Use
Office B
$5.74M
$5.02M – $6.69M
NOI $401,625 @ 7.0% cap · market cap 17,461.96%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$9.45M
$8.27M – $11.03M
NOI $661,506 @ 7.0% cap · market cap 28,761.13%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
9,041
Businesses Nearby
Explore this area
Business Placement
Demographics for 33145, FL
29,737
Population
12,773
Households
2.3
Avg Household Size
44
Median Age
42%
College-Educated
85%
High-School Grad
2.5 sq mi
ZIP Area
11,895
Density / Sq Mi
$70,592
Median Household Income
$43,039
Median Earnings
$1,769
Median Rent
$560,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in Miami, FL
Frequently Asked Questions
What type of property is this?
Office building - The office space is identified as Suite 403 at 2307 S Douglas Road.
Where is this office building located?
The property is located at 2307 S Douglas RD # 403 Miami, FL.
What are key features of this property?
This property features: 14,000‑square‑foot office property; Built in 1991; Located at 2307 S Douglas Road, Suite 403, Miami, FL 33145
