Turnkey Office Space in
666 NW 28th St, Miami, FL 33127
For Sale
Contact for pricing
Fully built-out office near Wynwood with Downtown Miami views.
Property Size2,074 SF
Lot Size0.12 Acres
Days on Market350
Property Features for 666 NW 28th St
General Information
Standard status
Size
Lot size
Property subtype
Site & Location
Neighborhood
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Listing Agency:
City Property Realty
Listed By:
Jorge Llaguno · License FL #0656878
(305) 300-3804
Source:
Elliman
Added: Nov 28, 2025
Changed: Aug 8
Last Checked: Oct 30 at 1:30PM
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 City Property Realty
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Investment Insights
Based on property information with market context.
This office space provides a turnkey solution, featuring fully built-out offices and abundant natural light. The layout is designed to foster productivity and collaboration. Situated on a street offering direct views of Downtown Miami, the unit is located a few blocks from Wynwood. It is suited for creative, tech, or professional service firms seeking a vibrant and accessible location. The space includes several private offices, providing functionality and flexibility for various business needs.
Key Highlights
- Turnkey office space ready for immediate occupancy.
- Prime location with direct views of Downtown Miami and proximity to Wynwood.
- Abundant natural light throughout the office space.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$59,498
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,189,960
$1.2M
Cap Rate 7%
$849,971
$850.0K
Cap Rate 9%
$661,089
$661.1K
Market Conditions
NOI Build-Up for 2,074 SF
Gross rent
$93.3K $45.00/SF
− Vacancy
−$14.0K −$6.75/SF
EGI
$79.3K $38.25/SF
− OpEx
−$19.8K −$9.56/SF
NOI
$59.5K $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%
$1,189,960
Cap Rate 7%
$849,971
Cap Rate 9%
$661,089
Alternative Uses
Best Use
Office B
$850.0K
$743.7K – $991.6K
NOI $59,498 @ 7.0% cap
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.40M
$1.22M – $1.63M
NOI $97,997 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
3,803
Businesses Nearby
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Business Placement
Demographics for 33127, FL
27,692
Population
11,245
Households
2.5
Avg Household Size
37
Median Age
13%
College-Educated
69%
High-School Grad
3.3 sq mi
ZIP Area
8,392
Density / Sq Mi
$41,125
Median Household Income
$30,240
Median Earnings
$1,394
Median Rent
$398,800
Median Home Value
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Market
Average Price Trend$/SF for Office Units in Miami, FL
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Vacancy Rate% for Office in Miami, FL
Frequently Asked Questions
What type of property is this?
Office unit - Fully built-out office near Wynwood with Downtown Miami views.
Where is this office unit located?
The property is located at 666 NW 28th St Miami, FL.
What are key features of this property?
This property features: Turnkey office space ready for immediate occupancy.; Prime location with direct views of Downtown Miami and proximity to Wynwood.; Abundant natural light throughout the office space.
