Secured Office
For Sale
Contact for pricing
2801 NW 74 AV # S12, Miami, FL 33122
Tenants have access to shared conference, kitchen, and exercise-room facilities.
Property Size122,082 SF
Price / SF$0.01
Days on Market196
Property Features for 2801 NW 74 AV # S12
General Information
Standard status
Active
Size
122,082 SF
Property subtype
Office
Taxes and HOA fees
Annual Taxes
$116,707
Amenities
Conference room
kitchen
exercise Room
Weekly Free yoga sessions
Monthly Sound Meditation Sessions
Access 24/7
Secured location
Fenced property
Building Details
Building Size
122,082 SF
Year Built
1987
Listing Agency:
Julies Realty, LLC
Listed By:
Daniel Fajardo · License #3630820
(786) 230-4449
Source:
Emporiore
Added: Apr 15
Changed: Oct 27
Last Checked: Oct 26 at 4:55PM
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 Julies Realty, LLC
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Investment Insights
Based on property information with market context.
This office unit is within a fenced, secured property with access available 24 hours a day. Shared facilities include a conference room, kitchen, and exercise room. Utilities are included in the lease except Wi-Fi, and the property offers large parking areas for tenants and visitors.
The property is near Miami International Airport and highways. Weekly yoga sessions and monthly sound meditation sessions are also available.
The property is near Miami International Airport and highways. Weekly yoga sessions and monthly sound meditation sessions are also available.
Key Highlights
- 24/7 access within a fenced, secured property
- Large parking areas for tenants and visitors
- Shared conference room, kitchen, and exercise room
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$3,502,227
Suggested Prices Based on Cap Rates
Cap Rate 5%
$70,044,540
$70.0M
Cap Rate 7%
$50,031,814
$50.0M
Cap Rate 9%
$38,913,633
$38.9M
Market Conditions
NOI Build-Up for 122,082 SF
Gross rent
$5.49M $45.00/SF
− Vacancy
−$824.1K −$6.75/SF
EGI
$4.67M $38.25/SF
− OpEx
−$1.17M −$9.56/SF
NOI
$3.50M $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%
$70,044,540
Cap Rate 7%
$50,031,814
Cap Rate 9%
$38,913,633
Alternative Uses
Best Use
Office B
$50.03M
$43.78M – $58.37M
NOI $3,502,227 @ 7.0% cap · market cap 303,223.12%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$82.41M
$72.11M – $96.14M
NOI $5,768,429 @ 7.0% cap · market cap 499,431.08%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
3,960
Businesses Nearby
Explore this area
Business Placement
Demographics for 33122, FL
2,126
Population
901
Households
2.4
Avg Household Size
35
Median Age
62%
College-Educated
85%
High-School Grad
2.4 sq mi
ZIP Area
886
Density / Sq Mi
$83,152
Median Household Income
$50,984
Median Earnings
$2,437
Median Rent
$1,284,700
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 - Tenants have access to shared conference, kitchen, and exercise-room facilities.
Where is this office unit located?
The property is located at 2801 NW 74 AV # S12 Miami, FL.
What are key features of this property?
This property features: 24/7 access within a fenced, secured property; Large parking areas for tenants and visitors; Shared conference room, kitchen, and exercise room
