Office Unit with Adaptable
For Sale
Contact for pricing
290 NW 165th St # 5B Unit PH-5B, Miami, FL 33169
The interior can be arranged to suit a business’s operational requirements.
Property Size46,176 SF
Price / SF$0.00
Days on Market163
Property Features for 290 NW 165th St # 5B Unit PH-5B
General Information
Standard status
Active
Size
46,176 SF
Property subtype
Office
Additional Details
Highway Access
Yes
Property Use
Office
Building Details
Building Size
46,176 SF
Year Built
1986
Listing Agency:
Ace Core-Group, LLC.
Listed By:
Ana Acevedo · License #3062285
(954) 261-8003
Source:
Diannalantiguarealty
Added: May 18
Changed: Oct 27
Last Checked: Oct 27 at 4:21AM
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 office unit is in a building constructed in 1986. Its layout can be adapted to align with a business’s needs, offering flexibility in how the interior is arranged. Open and covered parking spaces are available.
The property provides access to I-95, 826 and the Turnpike. Its Miami address places it within reach of these regional roadways.
The property provides access to I-95, 826 and the Turnpike. Its Miami address places it within reach of these regional roadways.
Key Highlights
- Interior layout can be customized to business needs
- Open and covered parking available
- Access to I‑95, 826 and the Turnpike
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$1,324,674
Suggested Prices Based on Cap Rates
Cap Rate 5%
$26,493,480
$26.5M
Cap Rate 7%
$18,923,914
$18.9M
Cap Rate 9%
$14,718,600
$14.7M
Market Conditions
NOI Build-Up for 46,176 SF
Gross rent
$2.08M $45.00/SF
− Vacancy
−$311.7K −$6.75/SF
EGI
$1.77M $38.25/SF
− OpEx
−$441.6K −$9.56/SF
NOI
$1.32M $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%
$26,493,480
Cap Rate 7%
$18,923,914
Cap Rate 9%
$14,718,600
Alternative Uses
Best Use
Office B
$18.92M
$16.56M – $22.08M
NOI $1,324,674 @ 7.0% cap · market cap 4,139,606.25%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$31.17M
$27.27M – $36.36M
NOI $2,181,837 @ 7.0% cap · market cap 6,818,240.63%
Zoning and permitted uses should be independently verified with authorities.
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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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Market
Vacancy Rate% for Office in Miami, FL
Frequently Asked Questions
What type of property is this?
Office unit - The interior can be arranged to suit a business’s operational requirements.
Where is this office unit located?
The property is located at 290 NW 165th St # 5B Unit PH-5B Miami, FL.
What are key features of this property?
This property features: Interior layout can be customized to business needs; Open and covered parking available; Access to I‑95, 826 and the Turnpike
