Historic Office
New
For Sale
Contact for pricing
45 Curtiss Pkwy, Miami Springs, FL 33166
Second-floor offices share client seating and dedicated men's and women's restrooms.
Property Size5,853 SF
Price / SF$0.14
Days on Market5
Property Features for 45 Curtiss Pkwy
General Information
Standard status
Active
Size
5,853 SF
Property subtype
Office
Additional Details
Floor
2
Property Use
Office
Amenities
restaurant
client seating area
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:
Batrare
Added: Oct 21
Changed: Oct 25
Last Checked: Oct 25 at 2:35AM
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.
The 5,853-SF Stadnik Building dates to 1924 and is listed in the National Register of Historic Places. Professional office space occupies the second floor, with shared hallways, client seating, and separate men's and women's restrooms. A restaurant operates on the ground floor.
The property is on the circle in the Downtown Miami Springs Commercial Business District. Common-area amenities include client seating and restrooms, while water and electricity are included with CAM fees under the stated lease arrangement.
The property is on the circle in the Downtown Miami Springs Commercial Business District. Common-area amenities include client seating and restrooms, while water and electricity are included with CAM fees under the stated lease arrangement.
Key Highlights
- 5,853‑SF property in the Stadnik Building, built in 1924
- Second‑floor professional office space above a ground‑floor restaurant
- Building is listed in the National Register 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 19,391.75%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.97M
$2.60M – $3.46M
NOI $207,863 @ 7.0% cap · market cap 25,982.88%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
1,505
Businesses Nearby
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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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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Second-floor offices share client seating and dedicated 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: 5,853‑SF property in the Stadnik Building, built in 1924; Second‑floor professional office space above a ground‑floor restaurant; Building is listed in the National Register of Historic Places
