Class C Office
For Sale
Contact for pricing
2650 Biscayne Blvd, Miami, FL 33137
Adaptable office property with immediate occupancy and multiple space configuration options.
Property Size13,781 SF
Price / SF$0.00
Days on Market55
Property Features for 2650 Biscayne Blvd
General Information
Standard status
Active
Size
13,781 SF
Class
Class C
Property subtype
Office
Property Condition
Severity
Repairs Needed
Evidence
needs TLC
Site & Location
Neighborhood
Edgewater
Road Access
Yes
Building Details
Building Size
13,781 SF
Year Built
1961
Listing Agency:
Campos Commercial Real Estate LLC
Listed By:
Donna Ternus · License #3451379
(954) 643-6531
Source:
Batrare
Added: Sep 3
Changed: Oct 25
Last Checked: Oct 27 at 12:13AM
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 Campos Commercial Real Estate LLC
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Investment Insights
Based on property information with market context.
The property is a Class C office building offering 13,000+ SF of space with immediate occupancy. Built in 1961, the asset requires improvements and can be configured for a single user, divided into smaller areas, or arranged for subleasing. The available condition provides flexibility for an operator or tenant planning a customized office environment.
Located at 2650 Biscayne Blvd in Miami’s Edgewater area, the property has direct exposure along Biscayne Boulevard. Land behind the building is also available for parking, adding capacity for occupants. Leasing options include the full property or a subdivided arrangement.
Located at 2650 Biscayne Blvd in Miami’s Edgewater area, the property has direct exposure along Biscayne Boulevard. Land behind the building is also available for parking, adding capacity for occupants. Leasing options include the full property or a subdivided arrangement.
Key Highlights
- 13,000+ SF of Class C office space
- Immediate occupancy available
- Built in 1961
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$395,342
Suggested Prices Based on Cap Rates
Cap Rate 5%
$7,906,840
$7.9M
Cap Rate 7%
$5,647,743
$5.6M
Cap Rate 9%
$4,392,689
$4.4M
Market Conditions
NOI Build-Up for 13,781 SF
Gross rent
$620.1K $45.00/SF
− Vacancy
−$93.0K −$6.75/SF
EGI
$527.1K $38.25/SF
− OpEx
−$131.8K −$9.56/SF
NOI
$395.3K $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%
$7,906,840
Cap Rate 7%
$5,647,743
Cap Rate 9%
$4,392,689
Alternative Uses
Best Use
Office B
$5.65M
$4.94M – $6.59M
NOI $395,342 @ 7.0% cap · market cap 2,196,344.44%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$9.30M
$8.14M – $10.85M
NOI $651,158 @ 7.0% cap · market cap 3,617,544.44%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
6,163
Businesses Nearby
Explore this area
Business Placement
Demographics for 33137, FL
25,763
Population
15,237
Households
1.7
Avg Household Size
37
Median Age
51%
College-Educated
90%
High-School Grad
2.0 sq mi
ZIP Area
12,882
Density / Sq Mi
$82,798
Median Household Income
$53,519
Median Earnings
$2,338
Median Rent
$532,900
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 - Adaptable office property with immediate occupancy and multiple space configuration options.
Where is this office building located?
The property is located at 2650 Biscayne Blvd Miami, FL.
What are key features of this property?
This property features: 13,000+ SF of Class C office space; Immediate occupancy available; Built in 1961
