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Second-Floor Office Unit
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2501 SW 101st Ave # 1-211, Miramar, FL

Elevator-served office space positioned to serve Miramar and Pembroke Pines.

Property Size587 SF
Price / SF$681.43
Days on Market55

Property Features for 2501 SW 101st Ave # 1-211

General Information

Standard status Active
Size 587 SF
Elevators Yes
Property subtype Office
Zoning TND

Additional Details

Floor second floor

Amenities

elevator access

Building Details

Year Built 2017
Abandoned No
Listing Agency: Regal Luxury Realty PA
Listed By: Alixandra Aguirre Silva · License #3605020
Source: Crexi
Added: Aug 25 Changed: Oct 4 Last Checked: Oct 16 at 7:30AM

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 Regal Luxury Realty PA

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Investment Insights

Based on property information with market context.

This 587 SF office unit occupies the second floor of a building completed in 2017. Elevator access provides a direct connection to the suite, supporting convenient arrival for occupants and visitors.

The property is located at 2501 SW 101st Ave # 1-211 in Miramar, with convenient reach to both Miramar and Pembroke Pines. The source information identifies the zoning as TND.

Key Highlights

  • 587 SF office unit
  • Second‑floor location
  • Elevator access

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$17,847
Cap Rate
4.46%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$356,940 $356.9K
Cap Rate 7%
$254,957 $255.0K
Cap Rate 9%
$198,300 $198.3K
Market Conditions
NOI Build-Up for 587 SF
Gross rent
$26.2K $44.64/SF
− Vacancy
−$707 −$1.21/SF
EGI
$25.5K $43.43/SF
− OpEx
−$7.6K −$13.03/SF
NOI
$17.8K $30.40/SF
Area
Miramar, FL
Vacancy
2.70%
Lease Rate
$44.64 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$356,940
Cap Rate 7%
$254,957
Cap Rate 9%
$198,300

Alternative Uses

Best Use
Retail
$255.0K
$223.1K – $297.5K (±1% cap)
NOI $17,847 @ 7.0% cap · market cap 4.46%
Second Best
Office B
$94.1K
$82.3K – $109.8K (±1% cap)
NOI $6,586 @ 7.0% cap · market cap 1.65%
Theoretical Best
Specialty Retail
$273.2K
$239.0K – $318.7K (±1% cap)
NOI $19,122 @ 7.0% cap · market cap 4.78%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Office Units

Location Intelligence

Trade Area within ½ mile

1,611
Businesses Nearby

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Frequently Asked Questions

What type of property is this?
Office units - Elevator-served office space positioned to serve Miramar and Pembroke Pines.
Where is this office units located?
The property is located at 2501 SW 101st Ave # 1-211 Miramar, FL.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: 587 SF office unit; Second‑floor location; Elevator access
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