Corner Office Units with Private
For Sale
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731 SW 64TH Court, Miami, FL 33144
Flexible professional office layout with parking, signage availability, and convenient access near SW 8th Street.
Property Size3,204 SF
Price / SF$1.87
Days on Market77
Property Features for 731 SW 64TH Court
General Information
Standard status
Active
Size
3,204 SF
Property subtype
Office
Taxes and HOA fees
Annual Taxes
$8,000
Building Details
Building Size
3,204 SF
Year Built
1947
Listing Agency:
Fidelity Real Estate Group LLC
Listed By:
Carlos A Montoya · License #0623048
(954) 345-9144
Source:
Batrare
Added: Aug 5
Changed: Oct 14
Last Checked: Oct 19 at 4:52PM
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 Fidelity Real Estate Group LLC
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Investment Insights
Based on property information with market context.
This office property at 731 SW 64th Ct in Miami provides approximately 1,800–2,000+/- leasable square feet in a corner configuration. The layout includes six-plus private offices, a kitchen, laundry area, private restroom, updated flooring, and contemporary interior finishes. Signage is available, and on-site parking supports daily operations.
The property is located just off SW 8th Street, also known as Calle Ocho, in an area described as high traffic with strong accessibility. WalkScore is 77, BikeScore is 51, and TransitScore is 47. Built in 1947, the space can accommodate professional office and healthcare-oriented operations supported by its private-room layout and existing utility areas.
The property is located just off SW 8th Street, also known as Calle Ocho, in an area described as high traffic with strong accessibility. WalkScore is 77, BikeScore is 51, and TransitScore is 47. Built in 1947, the space can accommodate professional office and healthcare-oriented operations supported by its private-room layout and existing utility areas.
Key Highlights
- Approximately 1800‑2,000+/- leasable square feet
- Six plus private offices in a corner office configuration
- Kitchen, laundry area, private restroom, and updated flooring
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$53,058
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,061,160
$1.1M
Cap Rate 7%
$757,971
$758.0K
Cap Rate 9%
$589,533
$589.5K
Market Conditions
NOI Build-Up for 3,204 SF
Gross rent
$96.1K $30.00/SF
− Vacancy
−$7.7K −$2.40/SF
EGI
$88.4K $27.60/SF
− OpEx
−$35.4K −$11.04/SF
NOI
$53.1K $16.56/SF
Area
Miami, FL
Vacancy
8.00%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,061,160
Cap Rate 7%
$757,971
Cap Rate 9%
$589,533
Alternative Uses
Best Use
Office B
$1.31M
$1.15M – $1.53M
NOI $91,915 @ 7.0% cap · market cap 1,531.92%
Second Best
Healthcare Medical
$758.0K
$663.2K – $884.3K
NOI $53,058 @ 7.0% cap · market cap 884.30%
Theoretical Best
Specialty Retail
$2.16M
$1.89M – $2.52M
NOI $151,390 @ 7.0% cap · market cap 2,523.17%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
1,986
Businesses Nearby
Explore this area
Business Placement
Demographics for 33144, FL
25,814
Population
9,665
Households
2.7
Avg Household Size
48
Median Age
28%
College-Educated
80%
High-School Grad
3.1 sq mi
ZIP Area
8,327
Density / Sq Mi
$59,207
Median Household Income
$35,051
Median Earnings
$1,730
Median Rent
$440,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Miami, FL
Frequently Asked Questions
What type of property is this?
Office unit - Flexible professional office layout with parking, signage availability, and convenient access near SW 8th Street.
Where is this office unit located?
The property is located at 731 SW 64TH Court Miami, FL.
What are key features of this property?
This property features: Approximately 1800‑2,000+/- leasable square feet; Six plus private offices in a corner office configuration; Kitchen, laundry area, private restroom, and updated flooring
