Office Unit in Established
For Sale
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7100 Biscayne Blvd, Miami, FL 33138
A compact workspace is located on Biscayne Boulevard in Miami’s MiMo District.
Property Size16,352 SF
Price / SF$0.06
Days on Market84
Property Features for 7100 Biscayne Blvd
General Information
Standard status
Active
Size
16,352 SF
Property subtype
Office
Site & Location
Neighborhood
Belle Meade West
Additional Details
Property Use
Office
Building Details
Building Size
16,352 SF
Year Built
1953
Listing Agency:
Leoni Real Estate Corp.
Listed By:
Todd Leoni · License #0534191
(305) 300-4192
Source:
Emporiore
Added: Aug 7
Changed: Oct 28
Last Checked: Oct 28 at 1:39AM
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 Leoni Real Estate Corp.
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Investment Insights
Based on property information with market context.
This office unit is part of a 16,352-square-foot property built in 1953. The available workspace is 200 square feet, offering a small-scale office configuration within the larger building.
The property is at 7100 Biscayne Boulevard in Miami’s MiMo District, with restaurants, shops, and surrounding neighborhoods identified nearby. Its Biscayne Boulevard address provides access to major roadways.
The property is at 7100 Biscayne Boulevard in Miami’s MiMo District, with restaurants, shops, and surrounding neighborhoods identified nearby. Its Biscayne Boulevard address provides access to major roadways.
Key Highlights
- 200 SF office unit available
- Located at 7100 Biscayne Blvd in Miami’s MiMo District
- Building constructed in 1953
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$469,098
Suggested Prices Based on Cap Rates
Cap Rate 5%
$9,381,960
$9.4M
Cap Rate 7%
$6,701,400
$6.7M
Cap Rate 9%
$5,212,200
$5.2M
Market Conditions
NOI Build-Up for 16,352 SF
Gross rent
$735.8K $45.00/SF
− Vacancy
−$110.4K −$6.75/SF
EGI
$625.5K $38.25/SF
− OpEx
−$156.4K −$9.56/SF
NOI
$469.1K $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%
$9,381,960
Cap Rate 7%
$6,701,400
Cap Rate 9%
$5,212,200
Alternative Uses
Best Use
Office B
$6.70M
$5.86M – $7.82M
NOI $469,098 @ 7.0% cap · market cap 46,909.80%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$11.04M
$9.66M – $12.88M
NOI $772,639 @ 7.0% cap · market cap 77,263.90%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
2,353
Businesses Nearby
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Office in Miami, FL
Frequently Asked Questions
What type of property is this?
Office unit - A compact workspace is located on Biscayne Boulevard in Miami’s MiMo District.
Where is this office unit located?
The property is located at 7100 Biscayne Blvd Miami, FL.
What are key features of this property?
This property features: 200 SF office unit available; Located at 7100 Biscayne Blvd in Miami’s MiMo District; Building constructed in 1953
