Office Condo with Private
4300 Biscayne Boulevard #304-305, Miami, FL 33137
For Sale
New
$1,845,000
A furnished office layout combines private rooms, open workstations, meeting space, and shared support areas.
Property Size4,655 SF
Price / SF$396.35
Days on Market4
Property Features for 4300 Biscayne Boulevard #304-305
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Highway Access
Road Access
Additional Details
Condition
Property Use
Building Details
Year Built
Listing Agency:
Fortune Christie's International Real Estate
(305) 400-6393
Listed By:
Fabio Faerman · License FL #3045634
(786) 262-9966
Source:
Lehmannflorida
Added: Nov 9
Changed: Nov 12
Last Checked: Nov 12 at 2:15PM
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 4,655-square-foot office condominium at 4300 Biscayne Boulevard, units 304–305, was built in 1970. The interior includes a reception and lounge area, a conference room, a kitchen, approximately 8 enclosed offices, 7 open workstations, plus file, work, and supply rooms. The building has completed its 40-year recertification, with no special assessments reported.
The property is in Miami’s MiMo/Biscayne Corridor, with the Design District, Midtown, Wynwood, and Miami Beach described as minutes away. Connections to US-1, I-95, and the Julia Tuttle Causeway are nearby.
The property is in Miami’s MiMo/Biscayne Corridor, with the Design District, Midtown, Wynwood, and Miami Beach described as minutes away. Connections to US-1, I-95, and the Julia Tuttle Causeway are nearby.
Key Highlights
- 4,655‑square‑foot office condominium at 4300 Biscayne Boulevard, units 304–305
- Approximately 8 private offices and 7 open workstations
- Reception/lounge, conference room, kitchen, file room, work room, and supply room
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
17,616
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 - A furnished office layout combines private rooms, open workstations, meeting space, and shared support areas.
Where is this office unit located?
The property is located at 4300 Biscayne Boulevard #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: 4,655‑square‑foot office condominium at 4300 Biscayne Boulevard, units 304–305; Approximately 8 private offices and 7 open workstations; Reception/lounge, conference room, kitchen, file room, work room, and supply room
