South Miami Office Space
For Sale
Contact for pricing
5975 Sunset Drive Ste 801, South Miami, FL 33143
Office space for sale near South Miami Metrorail station.
Property Size1,403 SF
Price / SF$0.04
Days on Market329
Property Features for 5975 Sunset Drive Ste 801
General Information
Standard status
Active
Size
1,403 SF
Class
B
Property subtype
Office
Lease Term
Net of Electric and Janitorial
Building Details
Building Size
1,403 SF
Properties For Sale
at 5975 Sunset Drive Ste 801
Suite 801
Size
1,403 SF
Type
Office Building
Term
1-5 years
Listing Agency:
E. L. S. Realty Corp.
Listed By:
Edward Schmidt · License #0473167
(786) 260-0401
Source:
Naiglobal
Added: Nov 22, 2025
Changed: Oct 9
Last Checked: Oct 16 at 7:53AM
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 E. L. S. Realty Corp.
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Investment Insights
Based on property information with market context.
This 1403-square-foot office space offers direct elevator access and includes 6 reserved parking spaces. Individual office spaces are also available for lease at $2,150.00 per month, full service, which includes use of reception, kitchen, and support staff area. The property is located next to the South Miami Metrorail station and is in close proximity to Downtown South Miami’s retailers and restaurants. It is less than a mile away from South Miami and Larkin hospitals, with easy access to South Dixie Highway (US 1) and Palmetto Expressway (SR 826).
Key Highlights
- Direct elevator access.
- Includes 6 reserved parking spaces.
- Located next to South Miami Metrorail station.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$37,187
Suggested Prices Based on Cap Rates
Cap Rate 5%
$743,740
$743.7K
Cap Rate 7%
$531,243
$531.2K
Cap Rate 9%
$413,189
$413.2K
Market Conditions
NOI Build-Up for 1,403 SF
Gross rent
$64.0K $45.60/SF
− Vacancy
−$14.4K −$10.26/SF
EGI
$49.6K $35.34/SF
− OpEx
−$12.4K −$8.84/SF
NOI
$37.2K $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%
$743,740
Cap Rate 7%
$531,243
Cap Rate 9%
$413,189
Alternative Uses
Best Use
Office B
$531.2K
$464.8K – $619.8K
NOI $37,187 @ 7.0% cap · market cap 64,673.04%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$711.8K
$622.8K – $830.4K
NOI $49,826 @ 7.0% cap · market cap 86,653.91%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
3,212
Businesses Nearby
Explore this area
Business Placement
Demographics for 33143, FL
34,853
Population
15,374
Households
2.3
Avg Household Size
41
Median Age
60%
College-Educated
94%
High-School Grad
7.8 sq mi
ZIP Area
4,468
Density / Sq Mi
$80,924
Median Household Income
$52,864
Median Earnings
$1,823
Median Rent
$768,900
Median Home Value
Check the figures for this property
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 units - Office space for sale near South Miami Metrorail station.
Where is this office units located?
The property is located at 5975 Sunset Drive Ste 801 South Miami, FL.
What are key features of this property?
This property features: Direct elevator access.; Includes 6 reserved parking spaces.; Located next to South Miami Metrorail station.
