Office Unit with Conference
For Sale
$715,000
4300 Biscayne Blvd Unit 201, Miami, FL 33137
Configured with private offices, reception, kitchenette, and an open collaborative workspace.
Property Size1,360 SF
Price / SF$525.74
Days on Market10
Property Features for 4300 Biscayne Blvd Unit 201
General Information
Standard status
Active
Size
1,360 SF
Property subtype
Office
Amenities
generator
modern lobby
security
Square Feet: 80000
Roof: Concrete
Parcel Number: 01-32-19-046-0100, Tax Legal Description: 4300 BISCAYNE BLVD CONDO UNIT 201 UNDIV 4.16% INT IN COMMON ELEMENTS OFF REC 23573-3100 COC 23646-3192 07 2005 2
Flooring: Concrete
Business Type: Office Space, Professional, Lease Considered, Lease Term: 1 To 3 Year Lease, Special Listing Conditions: Sale, Standard Status: Active
Parking Total: 3, Features: Garage-Under Building
Construction Materials: CBS Construction, Stories: 4, Year Built: 1970, Year Built Details: Resale, Building Area Total: 222000, Building Name: 4300 Biscayne
County Or Parish: Miami-Dade County, Unit Number: 201
Current Use: Commercial Office, Leasable Area Units: Square Feet
Units In Community: 1
Electric On Property YN: t, Electric: 110 Volts Power
Possession: Funding
Tenant Pays: Electricity, Trash Collection, Water
Inclusions: Leases
Water Source: Public
Road Frontage Type: City Street
Features: Fire Sprinkler System
Building Details
Year Built
1970
Tenancy
Single
Listing Agency:
Metro 1
(305) 972-8860
Listed By:
Irene Dakota · License #3085829
(305) 972-8860
Source:
Riserealty
Added: Aug 10
Changed: Aug 18
Last Checked: Aug 19 at 7:32AM
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 is arranged for a professional work environment, with two private offices, an open collaborative area, reception, a dedicated conference room, and a kitchenette. The space is located in a building completed in 1970 and includes three dedicated parking spaces, visitor parking, a generator, a modern lobby, and security features.
The property is at 4300 Biscayne Blvd Unit 201 in Miami, along the Biscayne Corridor. Its location places the office minutes from the Design District, Bay Point, Miami Beach, Midtown, and Wynwood. A tenant is in place through Nov 2027.
The property is at 4300 Biscayne Blvd Unit 201 in Miami, along the Biscayne Corridor. Its location places the office minutes from the Design District, Bay Point, Miami Beach, Midtown, and Wynwood. A tenant is in place through Nov 2027.
Key Highlights
- 1,360‑square‑foot office unit with two private offices and a dedicated conference room
- Three dedicated parking spaces plus visitor parking
- Open collaborative area, reception, and kitchenette
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
Lease Details
Single-tenant
Tenancy
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 - Configured with private offices, reception, kitchenette, and an open collaborative workspace.
Where is this office units located?
The property is located at 4300 Biscayne Blvd Unit 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 and a dedicated conference room; Three dedicated parking spaces plus visitor parking; Open collaborative area, reception, and kitchenette
