Office Condo with Private
4300 Biscayne Blvd, Miami, FL 33137
For Sale
New
$1,845,000
Commercial Sale, Miami, FL
Property Size4,655 SF
Lot Size0.11 Acres
Price / SF$396.35
Days on Market1
Property Features for 4300 Biscayne Blvd
General Information
Property type
Property subtype
Zoning description
Subdivision
Standard status
APN
Size
Lot size
Additional Details
Property Use
Condition
Taxes and HOA fees
Tax Description
Legal Description
Building Details
Year built
Listing Agency:
Fortune Christie's International Real Estate
(305) 400-6393
Listed By:
Fabio Faerman · License FL #3045634
(786) 262-9966
Added: Nov 10
Last Checked: Nov 10 at 8:06PM
MLS# A12106595
Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 4,655-square-foot office condo is vacant and configured with a reception and lounge area, conference room, kitchen, approximately 8 private offices, and 7 open workstations. Additional rooms provide space for files, work tasks, and supplies. The property was built in 1970, and the building has completed its 40-year recertification without special assessments.
The office is on Biscayne Blvd in Miami’s MiMo/Biscayne Corridor. The Design District, Midtown, Wynwood, and Miami Beach are minutes away, with access to US-1, I-95, and the Julia Tuttle Causeway.
The office is on Biscayne Blvd in Miami’s MiMo/Biscayne Corridor. The Design District, Midtown, Wynwood, and Miami Beach are minutes away, with access to US-1, I-95, and the Julia Tuttle Causeway.
Key Highlights
- 4,655 square feet of office condo space
- Approximately 8 private offices and 7 open workstations
- Reception and lounge, conference room, kitchen, file room, work room, and supply room
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$133,540
Cap Rate
7.24%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,670,800
$2.7M
Cap Rate 7%
$1,907,714
$1.9M
Cap Rate 9%
$1,483,778
$1.5M
Market Conditions
NOI Build-Up for 4,655 SF
Gross rent
$209.5K $45.00/SF
− Vacancy
−$31.4K −$6.75/SF
EGI
$178.1K $38.25/SF
− OpEx
−$44.5K −$9.56/SF
NOI
$133.5K $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%
$2,670,800
Cap Rate 7%
$1,907,714
Cap Rate 9%
$1,483,778
Alternative Uses
Best Use
Office B
$1.91M
$1.67M – $2.23M
NOI $133,540 @ 7.0% cap · market cap 7.24%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$3.14M
$2.75M – $3.67M
NOI $219,951 @ 7.0% cap · market cap 11.92%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
3,511
Businesses Nearby
Explore this area
Business Placement
Demographics for 33137, FL
25,763
Population
15,237
Households
1.7
Avg Household Size
37
Median Age
51%
College-Educated
90%
High-School Grad
2.0 sq mi
ZIP Area
12,882
Density / Sq Mi
$82,798
Median Household Income
$53,519
Median Earnings
$2,338
Median Rent
$532,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Office Units in Miami, FL
Properties on Market for Office Units in Miami
Vacancy Rate% for Office in Miami, FL
Frequently Asked Questions
What type of property is this?
Office unit - A vacant, built-out workspace combines private offices, open workstations, a conference room, and dedicated support areas.
Where is this office unit located?
The property is located at 4300 Biscayne Blvd Miami, FL.
What is the asking price?
The asking price for this property is $1,845,000.
What are key features of this property?
This property features: 4,655 square feet of office condo space; Approximately 8 private offices and 7 open workstations; Reception and lounge, conference room, kitchen, file room, work room, and supply room
