Office Unit with Private
New
For Sale
$715,000
4300 Biscayne Blvd 201, Miami, FL 33137
Professional office layout includes reception, collaborative workspace, conference room, and kitchenette.
Property Size222,000 SF
Price / SF$525.74
Days on Market2
Property Features for 4300 Biscayne Blvd 201
General Information
Standard status
Active
Size
222,000 SF
Total Parking Spaces
3
Property subtype
Commercial
Lease Term
1 to 3 years
Additional Details
Public Transit
Yes
Amenities
modern lobby
security
generator
Building Details
Building Size
222,000 SF
Year Built
1970
Stories
4
Listing Agency:
Metro 1
(305) 972-8860
Listed By:
Irene Dakota · License #3062153
(305) 972-8860
Source:
Elliman
Added: Aug 14
Changed: Aug 15
Last Checked: Aug 15 at 5:10AM
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 Metro 1
Investment Insights
Based on property information with market context.
This 1,360-square-foot office unit at 4300 Biscayne Blvd 201 is arranged for professional operations, with two private offices, an open collaborative area, reception, a dedicated conference room, and a kitchenette. The building was completed in 1970 and provides three dedicated parking spaces, visitor parking, a generator, a modern lobby, and security. A tenant remains in place until Nov 2027.
The property is positioned along Biscayne Boulevard in Miami, with the Design District, Bay Point, Miami Beach, Midtown, and Wynwood identified as nearby areas. WalkScore is 92, BikeScore is 86, and TransitScore is 79, reflecting the property's documented pedestrian, bicycle, and transit access.
The property is positioned along Biscayne Boulevard in Miami, with the Design District, Bay Point, Miami Beach, Midtown, and Wynwood identified as nearby areas. WalkScore is 92, BikeScore is 86, and TransitScore is 79, reflecting the property's documented pedestrian, bicycle, and transit access.
Key Highlights
- 1,360‑square‑foot office unit with two private offices
- Reception, open collaborative area, conference room, and kitchenette
- Three dedicated parking spaces plus visitor parking
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$39,015
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.46%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$780,300
$780.3K
Cap Rate 7%
$557,357
$557.4K
Cap Rate 9%
$433,500
$433.5K
Market Conditions
NOI Build-Up for 1,360 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$61.2K $45.00/SF
− Vacancy
−$9.2K −$6.75/SF
EGI
$52.0K $38.25/SF
− OpEx
−$13.0K −$9.56/SF
NOI
$39.0K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$780,300
Cap Rate 7%
$557,357
Cap Rate 9%
$433,500
Alternative Uses
Best Use
Office B
$557.4K
$487.7K – $650.3K
NOI $39,015 @ 7.0% cap · market cap 5.46%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$918.0K
$803.3K – $1.07M
NOI $64,261 @ 7.0% cap · market cap 8.99%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
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
Market
Vacancy Rate% for Office in Miami, FL
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Professional office layout includes reception, collaborative workspace, conference room, and kitchenette.
Where is this office units located?
The property is located at 4300 Biscayne Blvd 201 Miami, FL.
What is the asking price?
The asking price for this property is $715,000.
What are key features of this property?
This property features: 1,360‑square‑foot office unit with two private offices; Reception, open collaborative area, conference room, and kitchenette; Three dedicated parking spaces plus visitor parking
