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Second-Floor Office Suite
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6320 Biscayne Blvd, Miami, FL 33138

A 2nd-floor office suite with existing workstation buildout in a highly walkable MiMo District setting.

Property Size4,460 SF
Price / SF$0.07
Days on Market149

Property Features for 6320 Biscayne Blvd

General Information

Standard status Active
Size 4,460 SF
Property subtype Commercial

Site & Location

Neighborhood Palm Grove

Building Details

Building Size 4,460 SF
Year Built 1953
Listing Agency: Gridline Properties
Listed By: Alfredo Riascos · License #3210686
Source: Elliman
Added: Jun 1 Changed: Oct 26 Last Checked: Oct 26 at 4:32PM

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 Gridline Properties

Rey
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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 783 SF second-floor office suite is designed for productive day-to-day use, with an efficient office layout and an existing workstation buildout. The space is described as having abundant natural light, supporting a comfortable work environment for teams and independent professionals.

The property is positioned in the heart of Miami’s MiMo District at 6318 Biscayne Blvd, with adjacent retail neighbors including Starbucks and The Community. The building has strong frontage and continuous exposure along Biscayne Boulevard, supporting day-to-day visibility in one of the area’s active commercial corridors. The ground floor is occupied by an established pet grooming company, adding to an active, welcoming building presence.

For creative firms, professional users, and boutique businesses, this suite offers a ready-to-use configuration on the second floor, while keeping the business experience tied to a well-traveled retail corridor. Its walkable surrounding area and access to transit are reflected in the property’s reported Walk Score and Transit Score, making it practical for both clients and staff who rely on a mix of commuting options.

Key Highlights

  • 2nd‑floor office suite with an existing workstation buildout and 783 SF of space
  • Located in Miami’s MiMo District at 6318 Biscayne Blvd, with continuous exposure along Biscayne Boulevard
  • Efficient office layout with abundant natural light

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$22,462
Suggested Prices Based on Cap Rates
Cap Rate 5%
$449,240 $449.2K
Cap Rate 7%
$320,886 $320.9K
Cap Rate 9%
$249,578 $249.6K
Market Conditions
NOI Build-Up for 783 SF
Gross rent
$35.2K $45.00/SF
− Vacancy
−$5.3K −$6.75/SF
EGI
$29.9K $38.25/SF
− OpEx
−$7.5K −$9.56/SF
NOI
$22.5K $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%
$449,240
Cap Rate 7%
$320,886
Cap Rate 9%
$249,578

Alternative Uses

Best Use
Office B
$320.9K
$280.8K – $374.4K (±1% cap)
NOI $22,462 @ 7.0% cap · market cap 41,596.30%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$528.5K
$462.5K – $616.6K (±1% cap)
NOI $36,997 @ 7.0% cap · market cap 68,512.96%
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

Starbucks Cafe & Coffee Shop A&U INC Auto Repair Shop U'AFixing Glass Doors Corporate Office

Suggested Use

Top Pick Dental Office Butcher (Bike/Boat/Book/etc) Store Locksmith Restaurant Home Appliance Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,019
Businesses Nearby

Demographics for 33138, FL

27,601
Population
14,310
Households
1.9
Avg Household Size
43
Median Age
47%
College-Educated
87%
High-School Grad
4.2 sq mi
ZIP Area
6,572
Density / Sq Mi
$71,518
Median Household Income
$52,853
Median Earnings
$1,647
Median Rent
$686,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Miami, FL

12.4% 2019
16.3% 2020
17% 2021
16.1% 2022
15% 2023
16.1% 2024
15.2% 2025

Frequently Asked Questions

What type of property is this?
Office unit - A 2nd-floor office suite with existing workstation buildout in a highly walkable MiMo District setting.
Where is this office unit located?
The property is located at 6320 Biscayne Blvd Miami, FL.
What are key features of this property?
This property features: 2nd‑floor office suite with an existing workstation buildout and 783 SF of space; Located in Miami’s MiMo District at 6318 Biscayne Blvd, with continuous exposure along Biscayne Boulevard; Efficient office layout with abundant natural light
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