Professional Office
For Sale
Contact for pricing
290 NW 165th St # 2 Unit PH-2, Miami, FL 33169
Multiple office suites in varying sizes support a range of professional business requirements.
Property Size2,922 SF
Price / SF$0.01
Days on Market163
Property Features for 290 NW 165th St # 2 Unit PH-2
General Information
Standard status
Active
Size
2,922 SF
Property subtype
Office
Additional Details
Highway Access
Yes
Property Use
Professional Office
Building Details
Building Size
2,922 SF
Year Built
1986
Listing Agency:
Ace Core-Group, LLC.
Listed By:
Eliana Gutierrez Cano · License #3630547
(305) 859-3045
Source:
Diannalantiguarealty
Added: May 18
Changed: Oct 27
Last Checked: Oct 27 at 3:56AM
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 Ace Core-Group, LLC.
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Investment Insights
Based on property information with market context.
This professional office property contains 2,922 square feet and offers multiple units in varying sizes. The building dates to 1986, with the available spaces designated for professional office use.
The property is at 290 NW 165th St in Miami, with access to I-95, the Florida Turnpike, and the Palmetto Expressway. These highway connections serve business travel across Miami-Dade and Broward counties.
The property is at 290 NW 165th St in Miami, with access to I-95, the Florida Turnpike, and the Palmetto Expressway. These highway connections serve business travel across Miami-Dade and Broward counties.
Key Highlights
- 2,922 square feet of office property
- Multiple units available in various sizes
- Built in 1986
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$83,825
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,676,500
$1.7M
Cap Rate 7%
$1,197,500
$1.2M
Cap Rate 9%
$931,389
$931.4K
Market Conditions
NOI Build-Up for 2,922 SF
Gross rent
$131.5K $45.00/SF
− Vacancy
−$19.7K −$6.75/SF
EGI
$111.8K $38.25/SF
− OpEx
−$27.9K −$9.56/SF
NOI
$83.8K $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%
$1,676,500
Cap Rate 7%
$1,197,500
Cap Rate 9%
$931,389
Alternative Uses
Best Use
Office B
$1.20M
$1.05M – $1.40M
NOI $83,825 @ 7.0% cap · market cap 261,953.13%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.97M
$1.73M – $2.30M
NOI $138,066 @ 7.0% cap · market cap 431,456.25%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,739
Businesses Nearby
Explore this area
Business Placement
Demographics for 33169, FL
42,308
Population
14,815
Households
2.9
Avg Household Size
37
Median Age
22%
College-Educated
85%
High-School Grad
6.8 sq mi
ZIP Area
6,222
Density / Sq Mi
$59,686
Median Household Income
$34,327
Median Earnings
$1,536
Median Rent
$352,800
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 - Multiple office suites in varying sizes support a range of professional business requirements.
Where is this office unit located?
The property is located at 290 NW 165th St # 2 Unit PH-2 Miami, FL.
What are key features of this property?
This property features: 2,922 square feet of office property; Multiple units available in various sizes; Built in 1986
