Historic Office
For Sale
Contact for pricing
45 Curtiss Pkwy, Miami Springs, FL 33166
Compact professional office with shared client seating and designated men’s and women’s restrooms.
Property Size5,853 SF
Price / SF$0.42
Days on Market250
Property Features for 45 Curtiss Pkwy
General Information
Standard status
Active
Size
5,853 SF
Property subtype
Office
Additional Details
Floor
2
Taxes and HOA fees
Annual Taxes
$14,329
Amenities
restaurant
client seating
men's and women's restrooms
Building Details
Building Size
5,853 SF
Year Built
1924
Buildings
1
Listing Agency:
Tropical Realty, Inc.
Listed By:
Jose Fente · License #0367946
(305) 827-2212
Source:
Casacollectiongroup
Added: Feb 11
Changed: Oct 13
Last Checked: Oct 16 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 Tropical Realty, Inc.
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Investment Insights
Based on property information with market context.
This office unit occupies approximately 200 square feet within the Stadnik Building, a 1924 property listed in the National Registry of Historic Places. The building includes a restaurant at street level and professional offices on the second floor, with the available unit configured as a single office.
Shared hallways provide client seating, while designated men’s and women’s restrooms serve the office area. The property is located at 45 Curtiss Pkwy in the Downtown Miami Springs Commercial Business District. WalkScore is 85, BikeScore is 53, and TransitScore is 44, reflecting a walkable setting with bike and transit access.
Shared hallways provide client seating, while designated men’s and women’s restrooms serve the office area. The property is located at 45 Curtiss Pkwy in the Downtown Miami Springs Commercial Business District. WalkScore is 85, BikeScore is 53, and TransitScore is 44, reflecting a walkable setting with bike and transit access.
Key Highlights
- Approximately 200 sq ft single‑office unit
- Located in the 1924 Stadnik Building
- Building listed in the National Registry of Historic Places
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$155,134
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,102,680
$3.1M
Cap Rate 7%
$2,216,200
$2.2M
Cap Rate 9%
$1,723,711
$1.7M
Market Conditions
NOI Build-Up for 5,853 SF
Gross rent
$266.9K $45.60/SF
− Vacancy
−$60.1K −$10.26/SF
EGI
$206.8K $35.34/SF
− OpEx
−$51.7K −$8.84/SF
NOI
$155.1K $26.51/SF
Area
Miami-Dade County, FL
Vacancy
22.50%
Lease Rate
$45.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,102,680
Cap Rate 7%
$2,216,200
Cap Rate 9%
$1,723,711
Alternative Uses
Best Use
Office B
$2.22M
$1.94M – $2.59M
NOI $155,134 @ 7.0% cap · market cap 6,255.40%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.97M
$2.60M – $3.46M
NOI $207,863 @ 7.0% cap · market cap 8,381.57%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,505
Businesses Nearby
Explore this area
Business Placement
Demographics for 33166, FL
26,106
Population
10,838
Households
2.4
Avg Household Size
41
Median Age
42%
College-Educated
83%
High-School Grad
7.9 sq mi
ZIP Area
3,305
Density / Sq Mi
$78,166
Median Household Income
$39,744
Median Earnings
$1,766
Median Rent
$489,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Compact professional office with shared client seating and designated men’s and women’s restrooms.
Where is this office unit located?
The property is located at 45 Curtiss Pkwy Miami Springs, FL.
What are key features of this property?
This property features: Approximately 200 sq ft single‑office unit; Located in the 1924 Stadnik Building; Building listed in the National Registry of Historic Places
