Office Units with Podcast
For Sale
Contact for pricing
307-42 Nw 27th Ave, Miami, FL 33135
Third-floor suites include utilities, updated interior finishes, and access to surface and covered parking.
Property Size740 SF
Price / SF$0.05
Days on Market10
Property Features for 307-42 Nw 27th Ave
General Information
Standard status
Active
Size
740 SF
Additional Details
Floor
3
Office Units
1
Taxes and HOA fees
Annual Taxes
$86,143
Building Details
Tenancy
Multi
Listing Agency:
Synergy Realty Advisors
Listed By:
Andros Sarduy · License #A12052768
(305) 297-3557
Source:
Exprealty
Added: Oct 12
Changed: Oct 19
Last Checked: Oct 21 at 1:17AM
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 Synergy Realty Advisors
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The third floor offers eight office suites ranging from approximately 640 to 3,652 SF, including a podcast studio of approximately 740 SF and executive suites with large windows and views. Recent improvements include new flooring, air conditioning, and baseboards. Utilities are included.
The building is in Miami, north of W Flagler St, with access to SR-836. Parking includes surface spaces and 88 covered spaces.
The building is in Miami, north of W Flagler St, with access to SR-836. Parking includes surface spaces and 88 covered spaces.
Key Highlights
- Eight third‑floor suites range from ±640 to 3, 652 SF
- Fully built‑out podcast studio measures ±740 SF
- Executive suites feature large windows and views
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,229
Suggested Prices Based on Cap Rates
Cap Rate 5%
$424,580
$424.6K
Cap Rate 7%
$303,271
$303.3K
Cap Rate 9%
$235,878
$235.9K
Market Conditions
NOI Build-Up for 740 SF
Gross rent
$33.3K $45.00/SF
− Vacancy
−$5.0K −$6.75/SF
EGI
$28.3K $38.25/SF
− OpEx
−$7.1K −$9.56/SF
NOI
$21.2K $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%
$424,580
Cap Rate 7%
$303,271
Cap Rate 9%
$235,878
Alternative Uses
Best Use
Office B
$303.3K
$265.4K – $353.8K
NOI $21,229 @ 7.0% cap · market cap 53,072.50%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$499.5K
$437.1K – $582.8K
NOI $34,965 @ 7.0% cap · market cap 87,412.50%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
1
Office units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
2,489
Businesses Nearby
Explore this area
Business Placement
Demographics for 33135, FL
36,232
Population
15,922
Households
2.3
Avg Household Size
44
Median Age
21%
College-Educated
70%
High-School Grad
2.1 sq mi
ZIP Area
17,253
Density / Sq Mi
$37,757
Median Household Income
$28,850
Median Earnings
$1,315
Median Rent
$396,700
Median Home Value
Market
Vacancy Rate% for Office in Miami, FL
Frequently Asked Questions
What type of property is this?
Office unit - Third-floor suites include utilities, updated interior finishes, and access to surface and covered parking.
Where is this office unit located?
The property is located at 307-42 Nw 27th Ave Miami, FL.
What are key features of this property?
This property features: Eight third‑floor suites range from ±640 to 3, 652 SF; Fully built‑out podcast studio measures ±740 SF; Executive suites feature large windows and views
