Downtown Miami Office
For Sale
Contact for pricing
300 Biscayne Blvd Way # 303, Miami, FL 33131
Prestigious office space with water views and private balcony.
Property Size42,275 SF
Price / SF$0.25
Days on Market244
Property Features for 300 Biscayne Blvd Way # 303
General Information
Standard status
Active
Size
42,275 SF
Property subtype
Office
Building Details
Building Size
42,275 SF
Listing Agency:
Miami Royal Realty, LLC.
Listed By:
Ana Astudillo · License #3614938
Source:
Casacollectiongroup
Added: Feb 19
Changed: Oct 20
Last Checked: Oct 21 at 4:30AM
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 Miami Royal Realty, LLC.
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Investment Insights
Based on property information with market context.
This commercial real estate offers a rare opportunity to lease office space in a prestigious building in Downtown Miami. Located on the third floor of the Aston Martin Residences, this office suite features direct water views. The suite is designed with a spacious open floor plan, offering flexibility to customize the space. It includes a large private balcony overlooking the water. This location offers prominence and convenience.
Key Highlights
- Direct water views
- Prestigious Aston Martin Residences location
- Spacious, customizable open floor plan
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$1,212,764
Suggested Prices Based on Cap Rates
Cap Rate 5%
$24,255,280
$24.3M
Cap Rate 7%
$17,325,200
$17.3M
Cap Rate 9%
$13,475,156
$13.5M
Market Conditions
NOI Build-Up for 42,275 SF
Gross rent
$1.90M $45.00/SF
− Vacancy
−$285.4K −$6.75/SF
EGI
$1.62M $38.25/SF
− OpEx
−$404.3K −$9.56/SF
NOI
$1.21M $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%
$24,255,280
Cap Rate 7%
$17,325,200
Cap Rate 9%
$13,475,156
Alternative Uses
Best Use
Office B
$17.33M
$15.16M – $20.21M
NOI $1,212,764 @ 7.0% cap · market cap 11,550.13%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$28.54M
$24.97M – $33.29M
NOI $1,997,513 @ 7.0% cap · market cap 19,023.93%
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
17,616
Businesses Nearby
Explore this area
Business Placement
Demographics for 33131, FL
26,213
Population
18,872
Households
1.4
Avg Household Size
37
Median Age
77%
College-Educated
98%
High-School Grad
0.5 sq mi
ZIP Area
52,426
Density / Sq Mi
$143,114
Median Household Income
$86,331
Median Earnings
$2,847
Median Rent
$621,700
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 - Prestigious office space with water views and private balcony.
Where is this office unit located?
The property is located at 300 Biscayne Blvd Way # 303 Miami, FL.
What are key features of this property?
This property features: Direct water views; Prestigious Aston Martin Residences location; Spacious, customizable open floor plan
