Bright Office
2730 SW 3rd Ave #502, Miami, FL 33129
For Sale
New
Contact for pricing
A shared reception area, kitchen, and restrooms complement the suite, with covered spaces and visitor parking available.
Property Size50,623 SF
Price / SF$0.03
Days on Market5
Property Features for 2730 SW 3rd Ave #502
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Site & Location
Neighborhood
Additional Details
Property Use
Amenities
shared reception/waiting area
common kitchen
common restrooms
0.38554 acres
Public Sanitation
Parcel Number: 01-41-38-009-1601, Public Survey Range: 41, Public Survey Section: 38, Public Survey Township: 41, Legal Description: BRICKELL ESTATES PB 17-50 LOTS 8 THRU 12 BLK 26 LOT SIZE 129.190 X 130 OR 18679-1260 0699 1 COC 25781-1002 07 2007 1, Zoning: 6100
Carpet
Central Building A/C
Central Electric
Listing ID: A12120785, Standard Status: Active, MLS Status: Active, Property Subtype: Office, On market as of 2026-11-09, 1 day on market, Special Conditions: Lease
Assigned, Guest
Built in 1987, Year Built Details: Resale, Living area: 50623, Living area units: Square Feet, Construction Materials: Concrete Block Construction, CBS Construction
County/Parish: Miami-Dade County
Leasable area: 500, Leasable area units: Square Feet
Water Source: Public
Electricity
Frontage Type: City Street
Fire Sprinkler System
Building Details
Year Built
Listing Agency:
The Keyes Company - Miramar
(954) 852-7890
Listed By:
Abel Otto · License FL #3616001
(754) 316-6086
Source:
Riserealty
Added: Nov 9
Changed: Nov 12
Last Checked: Nov 12 at 2:22PM
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 500-square-foot office suite has an open layout, natural light, and views. Shared facilities include a reception and waiting area, kitchen, and restrooms. Two covered parking spaces are included, with additional visitor parking available. Electricity and internet are not included. The building dates to 1987.
The property is near Brickell, Downtown Miami, Coral Gables, and major transportation corridors.
The property is near Brickell, Downtown Miami, Coral Gables, and major transportation corridors.
Key Highlights
- 500 SF office suite with an open‑concept layout
- Natural light and views
- Shared reception and waiting area, 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
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$34.17M
$29.90M – $39.87M
NOI $2,391,960 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,800
Businesses Nearby
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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
$573,900
Median Home Value
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Market
Average Price Trend$/SF for Office Units in Miami, FL
Properties on Market for Office Units in Miami
Vacancy Rate% for Office in Miami, FL
Frequently Asked Questions
What type of property is this?
Office unit - A shared reception area, kitchen, and restrooms complement the suite, with covered spaces and visitor parking available.
Where is this office unit located?
The property is located at 2730 SW 3rd Ave #502 Miami, FL.
What are key features of this property?
This property features: 500 SF office suite with an open‑concept layout; Natural light and views; Shared reception and waiting area, kitchen, and restrooms
