Office Suite with Natural
7100 Biscayne Boulevard #212, Miami, FL 33138
For Sale
New
Contact for pricing
Renovated workspace includes 24/7 access, utilities, rear-lot parking, and a ground-floor restaurant.
Property Size16,352 SF
Price / SF$0.05
Days on Market6
Property Features for 7100 Biscayne Boulevard #212
General Information
Standard status
Size
Property subtype
Space & Availability
Floor
Condition
Site & Location
Neighborhood
Additional Details
Property Use
Amenities
24/7 access
restaurant on the first floor
Building Details
Year Built
Listing Agency:
Leoni Real Estate Corp.
(305) 756-1177
Listed By:
Todd Leoni · License #0534191
(305) 300-4192
Source:
Lehmannflorida
Added: Nov 4
Changed: Nov 8
Last Checked: Nov 8 at 2:18PM
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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
A renovated office suite at 7100 Biscayne Boulevard offers modern finishes, natural light, and views toward Biscayne Boulevard. The building, completed in 1953, provides 24/7 access, a rear parking lot, and a restaurant on the first floor. Utilities are included in the rent.
The property sits on a commercial corridor in Miami’s MiMo District, with access to Downtown Miami, Midtown, the Design District, Wynwood, and Miami Beach. Restaurants, shops, and services are in the surrounding area.
The property sits on a commercial corridor in Miami’s MiMo District, with access to Downtown Miami, Midtown, the Design District, Wynwood, and Miami Beach. Restaurants, shops, and services are in the surrounding area.
Key Highlights
- Renovated office suite with modern finishes and natural light
- Building dates to 1953
- 24/7 building access
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 55,188.00%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$11.04M
$9.66M – $12.88M
NOI $772,639 @ 7.0% cap · market cap 90,898.71%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
17,616
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
$686,300
Median Home Value
Market
Average Price Trend$/SF for Office Units in Miami, FL
Properties on Market for Office Units in Miami
Vacancy Rate% for Office in Miami, FL
Frequently Asked Questions
What type of property is this?
Office unit - Renovated workspace includes 24/7 access, utilities, rear-lot parking, and a ground-floor restaurant.
Where is this office unit located?
The property is located at 7100 Biscayne Boulevard #212 Miami, FL.
What are key features of this property?
This property features: Renovated office suite with modern finishes and natural light; Building dates to 1953; 24/7 building access
