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Medical Office Suite with Floor-to-Ceiling Windows
For Sale
$1,040,000

2820 NE 214th Street #1005, Aventura, FL 33180

Bright south-facing office suite with wood floors and expansive glazing in a mixed-use medical and professional building.

Property Size118,000 SF
Price / SF$774.96
Days on Market93

Property Features for 2820 NE 214th Street #1005

General Information

Standard status Active
Size 118,000 SF
Zoning 6800

Taxes and HOA fees

Annual Taxes $11,182

Building Details

Building Size 118,000 SF
Year Built 2021
Listing Agency: Aventura Health District Realty
Listed By: Mariana S Herrera · License #A12084644
Source: Laerrealty
Added: Jul 7 Changed: Oct 3 Last Checked: Oct 5 at 3:47PM

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 Aventura Health District Realty

Investment Insights

Based on property information with market context.

This is a medical/professional office suite totaling 1,342 SF (including 20% CAF). The space features south exposure, floor-to-ceiling windows designed to provide abundant natural light, and wood flooring.

The suite is located within a high-activity building that includes 34 medical and professional offices. The building also houses a Serena Hotel Tapestry Collection by Hilton with 100 extended-stay rooms, along with on-site retail tenants including Rainbow Pharmacy, Q’an’s Beauty Salon, Lagree Pilates Studio, and Santana Leather Care. LVL 6 Rest is open to the public and serves breakfast, lunch, and dinner.

For tenants and buyers looking for a professional setting close to healthcare and daily needs, the building’s mix of medical offices, hospitality, and neighborhood retail supports a convenient work environment. The property is within walking distance to Aventura Hospital, and it is positioned just across Biscayne Blvd from Gulfstream Park and Aventura Commons, which includes Whole Foods and Target. The office suite is offered for sale, and the space is also noted as available for rent on a triple-net basis.

Key Highlights

  • 1,342 SF office suite with 20% CAF
  • South‑facing unit with floor‑to‑ceiling windows and wood flooring
  • Building includes 34 medical and professional offices

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$35,570
Cap Rate
3.42%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$711,400 $711.4K
Cap Rate 7%
$508,143 $508.1K
Cap Rate 9%
$395,222 $395.2K
Market Conditions
NOI Build-Up for 1,342 SF
Gross rent
$61.2K $45.60/SF
− Vacancy
−$13.8K −$10.26/SF
EGI
$47.4K $35.34/SF
− OpEx
−$11.9K −$8.84/SF
NOI
$35.6K $26.51/SF
Area
Miami-Dade County, FL
Vacancy
22.50%
Lease Rate
$45.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$711,400
Cap Rate 7%
$508,143
Cap Rate 9%
$395,222

Alternative Uses

Best Use
Office B
$508.1K
$444.6K – $592.8K (±1% cap)
NOI $35,570 @ 7.0% cap · market cap 3.42%
Second Best
Healthcare Medical
$252.6K
$221.0K – $294.7K (±1% cap)
NOI $17,682 @ 7.0% cap · market cap 1.70%
Theoretical Best
Office A
$680.9K
$595.8K – $794.3K (±1% cap)
NOI $47,660 @ 7.0% cap · market cap 4.58%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Office Units

Suggested Use

Top Pick Auto Parts Store Storage Facility Auto Repair Shop Electrical Service Garden Center Veterinary Clinic

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

Location Intelligence

Trade Area within ½ mile

3,528
Businesses Nearby

Demographics for 33180, FL

35,062
Population
21,112
Households
1.7
Avg Household Size
45
Median Age
55%
College-Educated
95%
High-School Grad
3.3 sq mi
ZIP Area
10,625
Density / Sq Mi
$88,613
Median Household Income
$51,612
Median Earnings
$2,480
Median Rent
$471,400
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 South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Bright south-facing office suite with wood floors and expansive glazing in a mixed-use medical and professional building.
Where is this office units located?
The property is located at 2820 NE 214th Street #1005 Aventura, FL.
What is the asking price?
The asking price for this property is $1,040,000.
What are key features of this property?
This property features: 1,342 SF office suite with 20% CAF; South‑facing unit with floor‑to‑ceiling windows and wood flooring; Building includes 34 medical and professional offices
More about this property
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