Furnished Office
New
For Sale
Contact for pricing
719-ab-1110 Brickell Ave, Miami, FL 33131
Four enclosed offices, a conference room, reception, kitchen and adaptable shared workspace support a range of office layouts.
Property Size2,327 SF
Price / SF$6.66
Days on Market4
Property Features for 719-ab-1110 Brickell Ave
General Information
Standard status
Active
Size
2,327 SF
Site & Location
Highway Access
Yes
Public Transit
Yes
Additional Details
Furnished
Yes
Office Units
1
Listing Agency:
Serhant
(646) 480-7665
Listed By:
Jason Sims
(786) 385-4804
Source:
Exprealty
Added: Oct 12
Changed: Oct 15
Last Checked: Oct 15 at 2:18AM
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 Serhant
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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 2,327-square-foot office unit on Brickell Avenue includes four private offices, a conference room, a reception area, a full kitchen and a common area that can accommodate open workstations. Furnishings are included in each private office and the kitchen.
The property is in Miami’s Brickell Financial District, among financial institutions, residential towers, restaurants, hotels and retail destinations. Downtown Miami, major highways and public transportation are accessible from the area.
The property is in Miami’s Brickell Financial District, among financial institutions, residential towers, restaurants, hotels and retail destinations. Downtown Miami, major highways and public transportation are accessible from the area.
Key Highlights
- 2,327‑square‑foot office unit on Brickell Avenue
- Four private offices, each furnished
- Conference room, reception area and full kitchen
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$66,756
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,335,120
$1.3M
Cap Rate 7%
$953,657
$953.7K
Cap Rate 9%
$741,733
$741.7K
Market Conditions
NOI Build-Up for 2,327 SF
Gross rent
$104.7K $45.00/SF
− Vacancy
−$15.7K −$6.75/SF
EGI
$89.0K $38.25/SF
− OpEx
−$22.3K −$9.56/SF
NOI
$66.8K $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%
$1,335,120
Cap Rate 7%
$953,657
Cap Rate 9%
$741,733
Alternative Uses
Best Use
Office B
$953.7K
$834.5K – $1.11M
NOI $66,756 @ 7.0% cap · market cap 430.68%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.57M
$1.37M – $1.83M
NOI $109,952 @ 7.0% cap · market cap 709.37%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
1
Office units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
19,197
Businesses Nearby
Explore this area
Business Placement
Demographics for 33131, FL
26,213
Population
18,872
Households
1.4
Avg Household Size
37
Median Age
77%
College-Educated
98%
High-School Grad
0.5 sq mi
ZIP Area
52,426
Density / Sq Mi
$143,114
Median Household Income
$86,331
Median Earnings
$2,847
Median Rent
$621,700
Median Home Value
Market
Vacancy Rate% for Office in Miami, FL
Frequently Asked Questions
What type of property is this?
Office units - Four enclosed offices, a conference room, reception, kitchen and adaptable shared workspace support a range of office layouts.
Where is this office units located?
The property is located at 719-ab-1110 Brickell Ave Miami, FL.
What are key features of this property?
This property features: 2,327‑square‑foot office unit on Brickell Avenue; Four private offices, each furnished; Conference room, reception area and full kitchen
