Office Suite with Private
For Sale
Contact for pricing
3735 SW 8th St, Coral Gables, FL 33134
A second-floor workspace pairs an open area with two enclosed offices.
Property Size17,653 SF
Price / SF$0.00
Days on Market190
Property Features for 3735 SW 8th St
General Information
Standard status
Active
Size
17,653 SF
Property subtype
Office
Space & Availability
Floor
2
Condition
Built-Out
Additional Details
Utilities to Site
Yes
Office Units
1
Property Use
Office
Amenities
restroom on same floor
Building Details
Building Size
17,653 SF
Year Built
1976
Listing Agency:
Emporio Real Estate
Listed By:
Ari Banegas · License #3242158
(305) 989-9794
Source:
Emporiore
Added: Apr 22
Changed: Oct 27
Last Checked: Oct 27 at 3:23AM
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 Emporio Real Estate
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Investment Insights
Based on property information with market context.
Suite 207 offers 732 SF on the second floor of the office property at 3735 SW 8th St in Coral Gables. Its layout includes an open area and two private offices, providing a mix of shared workspace and enclosed rooms. Electricity is included. A restroom is located on the same floor, outside the suite, and parking is shared.
Key Highlights
- 732 SF second‑floor office suite
- Suite 207 includes an open area and 2 private offices
- Electricity included
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$467,893
Suggested Prices Based on Cap Rates
Cap Rate 5%
$9,357,860
$9.4M
Cap Rate 7%
$6,684,186
$6.7M
Cap Rate 9%
$5,198,811
$5.2M
Market Conditions
NOI Build-Up for 17,653 SF
Gross rent
$805.0K $45.60/SF
− Vacancy
−$181.1K −$10.26/SF
EGI
$623.9K $35.34/SF
− OpEx
−$156.0K −$8.84/SF
NOI
$467.9K $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%
$9,357,860
Cap Rate 7%
$6,684,186
Cap Rate 9%
$5,198,811
Alternative Uses
Best Use
Office B
$6.68M
$5.85M – $7.80M
NOI $467,893 @ 7.0% cap · market cap 1,949,554.17%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$8.96M
$7.84M – $10.45M
NOI $626,928 @ 7.0% cap · market cap 2,612,200.00%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
1
Office units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
3,174
Businesses Nearby
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Business Placement
Demographics for 33134, FL
38,739
Population
18,136
Households
2.1
Avg Household Size
46
Median Age
54%
College-Educated
91%
High-School Grad
5.2 sq mi
ZIP Area
7,450
Density / Sq Mi
$92,009
Median Household Income
$56,392
Median Earnings
$1,818
Median Rent
$660,200
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 - A second-floor workspace pairs an open area with two enclosed offices.
Where is this office unit located?
The property is located at 3735 SW 8th St Coral Gables, FL.
What are key features of this property?
This property features: 732 SF second‑floor office suite; Suite 207 includes an open area and 2 private offices; Electricity included
