Office Suite with
New
For Sale
Contact for pricing
309-42 Nw 27th Ave, Miami, FL 33125
A private office and generous open workspace provide a flexible setting for business operations.
Property Size960 SF
Price / SF$0.03
Days on Market4
Property Features for 309-42 Nw 27th Ave
General Information
Standard status
Active
Size
960 SF
Site & Location
Highway Access
Yes
Utilities to Site
Yes
Additional Details
Floor
3
Office Units
1
Taxes and HOA fees
Annual Taxes
$86,143
Listing Agency:
Synergy Realty Advisors
Listed By:
Andros Sarduy · License #A12052768
(305) 297-3557
Source:
Exprealty
Added: Oct 12
Changed: Oct 15
Last Checked: Oct 15 at 2:36AM
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.
This third-floor office suite is approximately 960 SF, with a reception area, private office, and broad open workspace. Large windows bring in natural light and offer views. The recently reconfigured floor has new flooring, AC, and baseboards, and utilities are included.
The building is just north of W Flagler St, with quick access to SR-836. Surface parking and 88 covered spaces serve the property.
The building is just north of W Flagler St, with quick access to SR-836. Surface parking and 88 covered spaces serve the property.
Key Highlights
- Approximately ±960 SF on the third floor
- Includes a private office, open workspace, and reception area
- Large windows with views
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,540
Suggested Prices Based on Cap Rates
Cap Rate 5%
$550,800
$550.8K
Cap Rate 7%
$393,429
$393.4K
Cap Rate 9%
$306,000
$306.0K
Market Conditions
NOI Build-Up for 960 SF
Gross rent
$43.2K $45.00/SF
− Vacancy
−$6.5K −$6.75/SF
EGI
$36.7K $38.25/SF
− OpEx
−$9.2K −$9.56/SF
NOI
$27.5K $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%
$550,800
Cap Rate 7%
$393,429
Cap Rate 9%
$306,000
Alternative Uses
Best Use
Office B
$393.4K
$344.3K – $459.0K
NOI $27,540 @ 7.0% cap · market cap 91,800.00%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$648.0K
$567.0K – $756.0K
NOI $45,360 @ 7.0% cap · market cap 151,200.00%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
1
Office units
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
2,910
Businesses Nearby
Explore this area
Business Placement
Demographics for 33125, FL
53,507
Population
22,496
Households
2.4
Avg Household Size
43
Median Age
22%
College-Educated
69%
High-School Grad
3.9 sq mi
ZIP Area
13,720
Density / Sq Mi
$40,940
Median Household Income
$30,648
Median Earnings
$1,427
Median Rent
$377,600
Median Home Value
Market
Vacancy Rate% for Office in Miami, FL
Frequently Asked Questions
What type of property is this?
Office units - A private office and generous open workspace provide a flexible setting for business operations.
Where is this office units located?
The property is located at 309-42 Nw 27th Ave Miami, FL.
What are key features of this property?
This property features: Approximately ±960 SF on the third floor; Includes a private office, open workspace, and reception area; Large windows with views
