Office Suite with Double-Height
New
For Sale
Contact for pricing
Ph4-40 Sw 13th St, Miami, FL 33130
The flexible plan includes two private offices, a conference room, and a break area with running water.
Property Size1,987 SF
Price / SF$0.02
Days on Market3
Property Features for Ph4-40 Sw 13th St
General Information
Standard status
Active
Size
1,987 SF
Net Rentable
1,987 SF
Listing Agency:
AG Real Estate Advisors, LLC
(305) 374-2092
Listed By:
Maria Bottas · License #A12088155
(305) 305-1280
Source:
Exprealty
Added: Oct 13
Changed: Oct 15
Last Checked: Oct 15 at 2:04AM
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 AG Real Estate Advisors, LLC
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.
PH4 is a 1,987-RSF office suite with two entrances and a layout combining reception, a conference room, an open work area, two private offices, and a break room with running water. Double-height ceilings and existing glass partitions define the interior; the partitions can remain in place or be removed. The suite can be divided to provide a minimum of 1,320 RSF.
The property is at Ph4-40 SW 13th St in Miami, Florida.
The property is at Ph4-40 SW 13th St in Miami, Florida.
Key Highlights
- 1,987 RSF office suite; divisible to a minimum of 1,320 RSF
- Two entrances, reception area, and adjacent conference room
- Open work area plus two private offices
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$57,002
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,140,040
$1.1M
Cap Rate 7%
$814,314
$814.3K
Cap Rate 9%
$633,356
$633.4K
Market Conditions
NOI Build-Up for 1,987 SF
Gross rent
$89.4K $45.00/SF
− Vacancy
−$13.4K −$6.75/SF
EGI
$76.0K $38.25/SF
− OpEx
−$19.0K −$9.56/SF
NOI
$57.0K $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%
$1,140,040
Cap Rate 7%
$814,314
Cap Rate 9%
$633,356
Alternative Uses
Best Use
Office B
$814.3K
$712.5K – $950.0K
NOI $57,002 @ 7.0% cap · market cap 126,671.11%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.34M
$1.17M – $1.56M
NOI $93,887 @ 7.0% cap · market cap 208,637.78%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
11,922
Businesses Nearby
Explore this area
Business Placement
Demographics for 33130, FL
35,609
Population
20,377
Households
1.7
Avg Household Size
36
Median Age
42%
College-Educated
81%
High-School Grad
1.1 sq mi
ZIP Area
32,372
Density / Sq Mi
$57,933
Median Household Income
$36,888
Median Earnings
$1,656
Median Rent
$479,800
Median Home Value
Market
Vacancy Rate% for Office in Miami, FL
Frequently Asked Questions
What type of property is this?
Office units - The flexible plan includes two private offices, a conference room, and a break area with running water.
Where is this office units located?
The property is located at Ph4-40 Sw 13th St Miami, FL.
What are key features of this property?
This property features: 1,987 RSF office suite; divisible to a minimum of 1,320 RSF; Two entrances, reception area, and adjacent conference room; Open work area plus two private offices
