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Office Unit with Shared Reception
For Sale
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2730 SW 3rd Avenue 202 N, Miami, FL 33129

Occupants have access to a common kitchen, restrooms, and covered parking.

Property Size50,623 SF
Price / SF$0.02
Days on Market65

Property Features for 2730 SW 3rd Avenue 202 N

General Information

Standard status Active
Size 50,623 SF
Total Parking Spaces 1
Property subtype Office

Site & Location

Neighborhood Auburndale

Additional Details

Office Units 1
Property Use Professional Office

Amenities

shared reception/waiting area
common kitchen
common restrooms

Building Details

Year Built 1987
Tenancy Multi
Listing Agency: The Keyes Company - Miramar
Listed By: Abel Otto · License #3616001
Source: Wycliffecommunityrealty
Added: Sep 1 Changed: Nov 4 Last Checked: Nov 4 at 2:14AM

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

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This 100 SF office unit includes access to a shared reception and waiting area, a common kitchen, and shared restrooms. One covered parking space is included, with visitor parking also available for clients and guests. Electricity and internet are not included.

The property is in Miami, near Brickell, Downtown Miami, and Coral Gables, with access to major transportation corridors.

Key Highlights

  • 100 SF office unit
  • Shared reception and waiting area, kitchen, and restrooms
  • One covered parking space

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 (±1% cap)
NOI $1,452,247 @ 7.0% cap · market cap 181,530.88%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$34.17M
$29.90M – $39.87M (±1% cap)
NOI $2,391,960 @ 7.0% cap · market cap 298,995.00%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Electrical Service Carpet & Flooring Store Bar & Pub Butcher

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Office units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

2,494
Businesses Nearby

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

Market

Vacancy Rate% for Office in Miami, FL

12.4% 2019
16.3% 2020
17% 2021
16.1% 2022
15% 2023
16.1% 2024
15.2% 2025

Frequently Asked Questions

What type of property is this?
Office unit - Occupants have access to a common kitchen, restrooms, and covered parking.
Where is this office unit located?
The property is located at 2730 SW 3rd Avenue 202 N Miami, FL.
What are key features of this property?
This property features: 100 SF office unit; Shared reception and waiting area, kitchen, and restrooms; One covered parking space
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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