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Miami Office Unit
For Sale
$399,999

4300 Biscayne Boulevard #G05, Miami, FL 33137

Office condominium with a central Miami address near Downtown, Midtown, Wynwood, the Beaches, and Aventura.

Property Size1,321 SF
Days on Market90

Property Features for 4300 Biscayne Boulevard #G05

General Information

Standard status Active
Size 1,321 SF
Zoning 6100

Taxes and HOA fees

Annual Taxes $4,367

Building Details

Building Size 1,321 SF
Year Built 1970
Listing Agency: Dumonde Consulting Group LLC
Listed By: Fernando Garcia · License #A11859042
Source: Laerrealty
Added: Jul 22 Changed: Oct 12 Last Checked: Oct 16 at 6:15AM

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 Dumonde Consulting Group LLC

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Investment Insights

Based on property information with market context.

This office condominium comprises 1,321 square feet at 4300 Biscayne Boulevard, Unit G05, in Miami. The property was built in 1970 and is classified as an office unit.

Its Miami location places the unit near Downtown, Midtown, Wynwood, the Beaches, and Aventura, providing access to several established areas across the city. The property is offered for sale.

Key Highlights

  • 1,321‑square‑foot office condominium
  • Located at 4300 Biscayne Boulevard, Unit G05, Miami, FL 33137
  • Built in 1970

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$21,876
Cap Rate
5.47%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$437,520 $437.5K
Cap Rate 7%
$312,514 $312.5K
Cap Rate 9%
$243,067 $243.1K
Market Conditions
NOI Build-Up for 1,321 SF
Gross rent
$39.6K $30.00/SF
− Vacancy
−$3.2K −$2.40/SF
EGI
$36.5K $27.60/SF
− OpEx
−$14.6K −$11.04/SF
NOI
$21.9K $16.56/SF
Area
Miami, FL
Vacancy
8.00%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$437,520
Cap Rate 7%
$312,514
Cap Rate 9%
$243,067

Alternative Uses

Best Use
Office B
$541.4K
$473.7K – $631.6K (±1% cap)
NOI $37,896 @ 7.0% cap · market cap 9.47%
Second Best
Healthcare Medical
$312.5K
$273.5K – $364.6K (±1% cap)
NOI $21,876 @ 7.0% cap · market cap 5.47%
Theoretical Best
Specialty Retail
$891.7K
$780.2K – $1.04M (±1% cap)
NOI $62,418 @ 7.0% cap · market cap 15.60%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Nursing Home Butcher Pet Grooming Service Veterinary Clinic Buffet

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

17,616
Businesses Nearby

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

12.4% 2019
16.3% 2020
17% 2021
16.1% 2022
15% 2023
16.1% 2024
15.2% 2025

Frequently Asked Questions

What type of property is this?
Office units - Office condominium with a central Miami address near Downtown, Midtown, Wynwood, the Beaches, and Aventura.
Where is this office units located?
The property is located at 4300 Biscayne Boulevard #G05 Miami, FL.
What is the asking price?
The asking price for this property is $399,999.
What are key features of this property?
This property features: 1,321‑square‑foot office condominium; Located at 4300 Biscayne Boulevard, Unit G05, Miami, FL 33137; Built in 1970
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