Office Unit with Covered
For Sale
Contact for pricing
2730 SW 3rd Ave Unit 202 N, Miami, FL 33129
Compact professional workspace with shared reception, kitchen, restrooms, and client parking access.
Property Size50,623 SF
Price / SF$0.02
Days on Market51
Property Features for 2730 SW 3rd Ave Unit 202 N
General Information
Standard status
Active
Size
50,623 SF
Total Parking Spaces
1
Property subtype
Office
Amenities
shared reception/waiting area
common kitchen
common restrooms
Building Details
Building Size
50,623 SF
Year Built
1987
Listing Agency:
The Keyes Company - Miramar
Listed By:
Abel Otto · License #3616001
(754) 316-6086
Source:
Batrare
Added: Sep 1
Changed: Oct 17
Last Checked: Oct 21 at 5:14AM
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 The Keyes Company - Miramar
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Investment Insights
Based on property information with market context.
This 100 SF office unit is located in a building constructed in 1987 and includes access to shared reception and waiting areas, a common kitchen, and common restrooms. One covered parking space is included, with additional visitor parking available for clients and guests.
The property is at 2730 SW 3rd Ave, Unit 202 N, in Miami, with access to Brickell, Downtown Miami, Coral Gables, and major transportation corridors. Electricity and internet service are not included.
The property is at 2730 SW 3rd Ave, Unit 202 N, in Miami, with access to Brickell, Downtown Miami, Coral Gables, and major transportation corridors. Electricity and internet service are not included.
Key Highlights
- 100 SF office unit
- Shared reception and waiting area
- Common kitchen and restrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$1,452,247
Suggested Prices Based on Cap Rates
Cap Rate 5%
$29,044,940
$29.0M
Cap Rate 7%
$20,746,386
$20.7M
Cap Rate 9%
$16,136,078
$16.1M
Market Conditions
NOI Build-Up for 50,623 SF
Gross rent
$2.28M $45.00/SF
− Vacancy
−$341.7K −$6.75/SF
EGI
$1.94M $38.25/SF
− OpEx
−$484.1K −$9.56/SF
NOI
$1.45M $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%
$29,044,940
Cap Rate 7%
$20,746,386
Cap Rate 9%
$16,136,078
Alternative Uses
Best Use
Office B
$20.75M
$18.15M – $24.20M
NOI $1,452,247 @ 7.0% cap · market cap 161,360.78%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$34.17M
$29.90M – $39.87M
NOI $2,391,960 @ 7.0% cap · market cap 265,773.33%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
1,800
Businesses Nearby
Explore this area
Business Placement
Demographics for 33129, FL
15,218
Population
8,275
Households
1.8
Avg Household Size
44
Median Age
68%
College-Educated
97%
High-School Grad
1.4 sq mi
ZIP Area
10,870
Density / Sq Mi
$102,969
Median Household Income
$54,935
Median Earnings
$2,241
Median Rent
$573,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Miami, FL
Frequently Asked Questions
What type of property is this?
Office unit - Compact professional workspace with shared reception, kitchen, restrooms, and client parking access.
Where is this office unit located?
The property is located at 2730 SW 3rd Ave Unit 202 N Miami, FL.
What are key features of this property?
This property features: 100 SF office unit; Shared reception and waiting area; Common kitchen and restrooms
