Biscayne Blvd Boutique Office
4300 Biscayne Blvd # 206, Miami, FL 33137
For Sale
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Modern 1,135 SF office space in a prime Miami location.
Property Size42,000 SF
Price / SF$0.10
Days on Market200
Property Features for 4300 Biscayne Blvd # 206
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Listing Agency:
Berlin Group
Listed By:
Benedict Gutierrez · License #3317434
(305) 281-8087
Source:
Allyandaj
Added: Apr 24
Changed: Oct 31
Last Checked: Nov 8 at 3:54PM
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 Berlin Group
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Investment Insights
Based on property information with market context.
This second-floor office space, available starting June 22nd, is located on Biscayne Blvd in Miami. The property offers approximately 1,135 square feet of modern workspace. The open layout benefits from natural light, and there is a private room suitable for meetings or focused work. The office includes a kitchenette equipped with a sink, refrigerator, and storage. Shared restrooms are available. The property includes three dedicated parking spaces, with additional parking available for rent. The location is near Whole Foods and Publix, and within walking distance of the Design District, Midtown, Edgewater, and Wynwood. This location offers access to dining, culture, and networking opportunities. The property is suitable for creatives, professionals, and boutique firms seeking a workspace.
Key Highlights
- Prime Biscayne Blvd location with high walkability near dining, culture, and networking.
- Bright, modern 1,135 SF office space with open layout and abundant natural light.
- Includes three dedicated parking spaces with additional parking available for rent.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$1,204,875
Suggested Prices Based on Cap Rates
Cap Rate 5%
$24,097,500
$24.1M
Cap Rate 7%
$17,212,500
$17.2M
Cap Rate 9%
$13,387,500
$13.4M
Market Conditions
NOI Build-Up for 42,000 SF
Gross rent
$1.89M $45.00/SF
− Vacancy
−$283.5K −$6.75/SF
EGI
$1.61M $38.25/SF
− OpEx
−$401.6K −$9.56/SF
NOI
$1.20M $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%
$24,097,500
Cap Rate 7%
$17,212,500
Cap Rate 9%
$13,387,500
Alternative Uses
Best Use
Office B
$17.21M
$15.06M – $20.08M
NOI $1,204,875 @ 7.0% cap · market cap 30,121.88%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$28.35M
$24.81M – $33.08M
NOI $1,984,519 @ 7.0% cap · market cap 49,612.98%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
3,511
Businesses Nearby
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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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Market
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Vacancy Rate% for Office in Miami, FL
Frequently Asked Questions
What type of property is this?
Office unit - Modern 1,135 SF office space in a prime Miami location.
Where is this office unit located?
The property is located at 4300 Biscayne Blvd # 206 Miami, FL.
What are key features of this property?
This property features: Prime Biscayne Blvd location with high walkability near dining, culture, and networking.; Bright, modern 1,135 SF office space with open layout and abundant natural light.; Includes three dedicated parking spaces with additional parking available for rent.
