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Private Office Suite in Office Condo

66 W Flagler St Unit 320 - A, Miami, FL 33130

For Sale
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Move-in-ready private office suite with laminate floors and windows, with utilities and internet plus light cleaning included.

Property Size306 SF
Price / SF$4.90
Days on Market124

Property Features for 66 W Flagler St Unit 320 - A

General Information

Standard status Active
Size 306 SF
Property subtype Office

Site & Location

Neighborhood Cbd

Additional Details

Furnished Yes

Amenities

newly renovated lobby
front desk attendant
utilities
internet
light cleaning
Square Feet: 1287
Parcel Number: 01-41-37-047-0160, Tax Legal Description: THE CONCORDE OFFICE TOWER CONDO UNIT CU3-03 UNDIV 2.2612% INT IN COMMON ELEMENTS OFF REC 23221-0362 COC 25182-3867 12 2006 1
Business Type: Office Space, Professional, Special Listing Conditions: Lease, Standard Status: Active
Year Built: 1964, Building Area Total: 88908, Building Name: The Concorde Office Towner
County Or Parish: Miami-Dade County, Unit Number: 320 - A
Leasable Area Units: Square Feet, Leasable Area: 306

Building Details

Year Built 1964
Listing Agency: Vizcayne Realty
Listed By: Carol Viteri · License #A12050767
Source: Riserealty
Added: Jul 9 Changed: Sep 7 Last Checked: Nov 8 at 6:35AM

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 Vizcayne Realty

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Investment Insights

Based on property information with market context.

This move-in-ready private office suite is located within an office condo and features laminate floors and windows. The building has a newly renovated lobby with a front desk attendant. The suite includes utilities and internet, along with light cleaning, and furniture can stay.

Situated in the heart of downtown Miami, the suite is directly across from the Miami-Dade Courthouse. It is approximately 1.5 blocks from the Metrorail and Metromover and about five minutes walking from the Brightline station, with Brickell within walking distance.

The unit is positioned for day-to-day professional occupancy and can accommodate a range of uses such as legal, real estate, light medical/wellness, storage, and creative studio environments.

Key Highlights

  • Private office suite with 306 SF in an office condo
  • Move‑in‑ready suite with laminate floors and windows
  • Utilities and internet included, plus light cleaning

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$8,778
Suggested Prices Based on Cap Rates
Cap Rate 5%
$175,560 $175.6K
Cap Rate 7%
$125,400 $125.4K
Cap Rate 9%
$97,533 $97.5K
Market Conditions
NOI Build-Up for 306 SF
Gross rent
$13.8K $45.00/SF
− Vacancy
−$2.1K −$6.75/SF
EGI
$11.7K $38.25/SF
− OpEx
−$2.9K −$9.56/SF
NOI
$8.8K $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%
$175,560
Cap Rate 7%
$125,400
Cap Rate 9%
$97,533

Alternative Uses

Best Use
Office B
$125.4K
$109.7K – $146.3K (±1% cap)
NOI $8,778 @ 7.0% cap · market cap 585.20%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$206.6K
$180.7K – $241.0K (±1% cap)
NOI $14,459 @ 7.0% cap · market cap 963.93%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Jackson LLP Healthcare ... Law Firm Monique M. Sadarangani, ... Law Firm Druckman & Fee, P.A. Law Firm Redesign Your Smile Dental Office ALCOHOL & FOOD SAFETY ... Training Center

Suggested Use

Top Pick Veterinary Clinic (Bike/Boat/Book/etc) Store Nursing Home Pet Grooming Service Butcher Buffet

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

13,901
Businesses Nearby

Demographics for 33130, FL

35,609
Population
20,377
Households
1.7
Avg Household Size
36
Median Age
42%
College-Educated
81%
High-School Grad
1.1 sq mi
ZIP Area
32,372
Density / Sq Mi
$57,933
Median Household Income
$36,888
Median Earnings
$1,656
Median Rent
$479,800
Median Home Value

Market

Average Price Trend$/SF for Office Units in Miami, FL

$317 Jul
$291 Aug
$278 Sep
$252 Oct

Properties on Market for Office Units in Miami

Jul
Aug
Sep
Oct

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 - Move-in-ready private office suite with laminate floors and windows, with utilities and internet plus light cleaning included.
Where is this office unit located?
The property is located at 66 W Flagler St Unit 320 - A Miami, FL.
What are key features of this property?
This property features: Private office suite with 306 SF in an office condo; Move‑in‑ready suite with laminate floors and windows; Utilities and internet included, plus light cleaning
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Includes: Price & PSF · Cap rate · Location · Zoning

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