Aventura ParkSquare Class A
For Sale
Contact for pricing
2980 NE 207th St 321, Aventura, FL 33180
Class A office condo in Aventura's premier mixed-use development.
Property Size1,525 SF
Price / SF$1.18
Days on Market233
Property Features for 2980 NE 207th St 321
General Information
Standard status
Active
Size
1,525 SF
Property subtype
Commercial
Building Details
Year Built
2018
Listing Agency:
Qum Real Estate Advisors
Listed By:
Fabiana Rosenberg · License #A11700719
(305) 467-6227
Source:
Elliman
Added: Mar 12
Changed: Oct 25
Last Checked: Oct 28 at 9:10AM
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 Qum Real Estate Advisors
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Investment Insights
Based on property information with market context.
Suite 501 at Aventura ParkSquare provides an opportunity to own a built-out, Class A office condo. Located within a mixed-use development in Aventura, this 1,525 square foot suite features modern finishes and a layout with private offices. The property offers access to building amenities. It is suitable for an owner-user or investor seeking a location in Aventura.
Key Highlights
- Prime Aventura location in a premier mixed‑use development.
- Fully built‑out, Class A office condo.
- Modern finishes and high‑end layout with private offices.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$40,420
Suggested Prices Based on Cap Rates
Cap Rate 5%
$808,400
$808.4K
Cap Rate 7%
$577,429
$577.4K
Cap Rate 9%
$449,111
$449.1K
Market Conditions
NOI Build-Up for 1,525 SF
Gross rent
$69.5K $45.60/SF
− Vacancy
−$15.6K −$10.26/SF
EGI
$53.9K $35.34/SF
− OpEx
−$13.5K −$8.84/SF
NOI
$40.4K $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%
$808,400
Cap Rate 7%
$577,429
Cap Rate 9%
$449,111
Alternative Uses
Best Use
Office B
$577.4K
$505.3K – $673.7K
NOI $40,420 @ 7.0% cap · market cap 2,251.81%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$773.7K
$677.0K – $902.7K
NOI $54,159 @ 7.0% cap · market cap 3,017.21%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
357
Businesses Nearby
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Business Placement
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
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Class A office condo in Aventura's premier mixed-use development.
Where is this office unit located?
The property is located at 2980 NE 207th St 321 Aventura, FL.
What are key features of this property?
This property features: Prime Aventura location in a premier mixed‑use development.; Fully built‑out, Class A office condo.; Modern finishes and high‑end layout with private offices.
