Corner Office Building with
4885 NW 7th Ave Miami, FL 33127
4885 NW 7th Ave, Miami, FL, 33127
$799,000
For Sale
$799,000
Move-in-ready free-standing office with seven private offices, conference room, security system, and private on-site parking.
Property Size2,297 SF
Price / SF$347.85
Days on Market93
Property Features for 4885 NW 7th Ave
General Information
- Standard status
- Active
- Size
- 2,297 SF
- Property subtype
- Office
Building Details
- Year Built
- 1960
Listing agency
(305) 450-8882
Listed by
Yaquelin Vazquez
(305) 450-8882
Source
Xome
Added: Apr 22 Updated: Jul 22 at 2:21AM Checked: Jul 23 at 3:44AM
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 Yaquelin Vazquez
Investment Insights
Based on property information with market context.
This move-in-ready, free-standing corner commercial building is partially furnished and designed for professional use. The layout includes seven private offices plus a conference room for meetings and collaborative work. Interior finishes and amenities include a full kitchen, one full bathroom and a powder room, along with a walk-in closet equipped with a washer and dryer.
The property features a fully integrated security system with surveillance cameras and intercom-controlled access. Private on-site parking supports convenient arrival for staff and visitors. It is located at the intersection of NW 7th Avenue and NW 48th Street and is described as being just minutes from I-95 and I-195, with strong daily traffic and excellent exposure.
Positioned in Miami’s urban core, the building is surrounded by Wynwood, the Miami Design District, Little Haiti, and the MiMo Historic District, with access to Downtown Miami and major highways.
The property features a fully integrated security system with surveillance cameras and intercom-controlled access. Private on-site parking supports convenient arrival for staff and visitors. It is located at the intersection of NW 7th Avenue and NW 48th Street and is described as being just minutes from I-95 and I-195, with strong daily traffic and excellent exposure.
Positioned in Miami’s urban core, the building is surrounded by Wynwood, the Miami Design District, Little Haiti, and the MiMo Historic District, with access to Downtown Miami and major highways.
Key Highlights
- Free‑standing corner commercial building at NW 7th Avenue & NW 48th Street with move‑in‑ready interior setup for professional use
- Interior layout includes seven private offices plus a conference room
- Includes full kitchen, 1 full bathroom, and a powder room
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $103.4k | $45.00 |
| − Vacancy | −$15.5k | −$6.75 |
| EGI | $87.9k | $38.25 |
| − OpEx | −$22.0k | −$9.56 |
| NOI | $65.9k | $28.69 |
2,297 SF · lease $45.00/SF/yr · vacancy 15.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$941.4K
$823.7K – $1.10M
NOI $65,895 @ 7.0% cap · market cap 8.25%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.55M
$1.36M – $1.81M
NOI $108,534 @ 7.0% cap · market cap 13.58%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Brian Pryzstup & Associates ...
Accounting Firm
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FAQs
What type of property is this?
Office building - Move-in-ready free-standing office with seven private offices, conference room, security system, and private on-site parking.
Where is this office building located?
The property is located at 4885 NW 7th Ave Miami, FL.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Free‑standing corner commercial building at NW 7th Avenue & NW 48th Street with move‑in‑ready interior setup for professional use; Interior layout includes seven private offices plus a conference room; Includes full kitchen, 1 full bathroom, and a powder room
