Built-Out Office
4300 Biscayne Blvd #304-305, Miami, FL 33137
For Sale
New
$1,845,000
The vacant office combines private rooms, shared workstations, and dedicated support areas.
Property Size4,655 SF
Price / SF$396.35
Days on Market5
Property Features for 4300 Biscayne Blvd #304-305
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Highway Access
Road Access
Additional Details
Condition
Property Use
Amenities
0.10686 acres
Parcel Number: 01-32-19-046-0210, Public Survey Range: 32, Public Survey Section: 19, Public Survey Township: 32, Legal Description: 4300 BISCAYNE BLVD CONDO UNIT 304 UNDIV 8.82% INT IN COMMON ELEMENTS OFF REC 23573-3100 COC 23756-0126 08 2005 2, Zoning: 6100
Listing ID: A12106595, Standard Status: Active, MLS Status: Active, Property Subtype: Office, On market as of 2026-11-10, Special Conditions: Sale
Built in 1970, Living area: 4655, Living area units: Square Feet
County/Parish: Miami-Dade County
Leasable area units: Square Feet
Building Details
Year Built
Owner Occupied
Listing Agency:
Fortune Christie's International Real Estate
(305) 400-6393
Listed By:
Fabio Faerman · License FL #3045634
(786) 262-9966
Source:
Riserealty
Added: Nov 10
Changed: Nov 12
Last Checked: Nov 12 at 6:42AM
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 Fortune Christie's International Real Estate
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This vacant office condominium at 4300 Biscayne Blvd includes a reception and lounge area, conference room, and kitchen. Its work areas comprise approximately 8 private offices and 7 open workstations, with separate file, work, and supply rooms. The building was constructed in 1970 and has completed its 40-year recertification; no special assessments are noted.
The property 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 property 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
- Approximately 8 private offices and 7 open workstations
- Reception and lounge, conference room, and kitchen
- Dedicated file, work, and supply rooms
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
Current Use
Lease Details
Yes
Highway access
Yes
Paved road 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
$532,900
Median Home Value
Market
Average Price Trend$/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 - The vacant office combines private rooms, shared workstations, and dedicated support areas.
Where is this office unit located?
The property is located at 4300 Biscayne Blvd #304-305 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: Approximately 8 private offices and 7 open workstations; Reception and lounge, conference room, and kitchen; Dedicated file, work, and supply rooms
