Ground-Floor Office
7325 SW 63rd Ave # B Unit 102-B, South Miami, FL 33143
For Sale
Contact for pricing
The suite has a waiting room, three offices, a separate exit hallway, and a private bathroom.
Property Size786 SF
Price / SF$3.82
Days on Market89
Property Features for 7325 SW 63rd Ave # B Unit 102-B
General Information
Standard status
Size
Property subtype
Additional Details
Floor
Property Use
Building Details
Building Size
Year Built
Listing Agency:
Riviera Realty Associates Inc
Listed By:
Marta Carbonell · License #0127491
(305) 725-1199
Source:
Emporiore
Added: Aug 13
Changed: Nov 8
Last Checked: Nov 8 at 4:17PM
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 Riviera Realty Associates Inc
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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 786-square-foot office condo was built in 1984 and sits on the ground floor. Its interior includes a waiting room, three offices, a separate exit hallway, and a private bathroom.
Parking is available at no charge within the complex, with additional street parking. The property is near South Miami Hospital, other professional office complexes, restaurants, shops, and transportation.
Parking is available at no charge within the complex, with additional street parking. The property is near South Miami Hospital, other professional office complexes, restaurants, shops, and transportation.
Key Highlights
- 786‑square‑foot office condo
- Ground‑floor unit with a waiting room, three offices, a separate exit hallway, and a private bathroom
- Free parking in the complex, plus street parking
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,934
Suggested Prices Based on Cap Rates
Cap Rate 5%
$438,680
$438.7K
Cap Rate 7%
$313,343
$313.3K
Cap Rate 9%
$243,711
$243.7K
Market Conditions
NOI Build-Up for 786 SF
Gross rent
$34.9K $44.40/SF
− Vacancy
−$5.7K −$7.19/SF
EGI
$29.2K $37.21/SF
− OpEx
−$7.3K −$9.30/SF
NOI
$21.9K $27.91/SF
Area
Miami-Dade County, FL
Vacancy
16.20%
Lease Rate
$44.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$438,680
Cap Rate 7%
$313,343
Cap Rate 9%
$243,711
Alternative Uses
Best Use
Office B
$313.3K
$274.2K – $365.6K
NOI $21,934 @ 7.0% cap · market cap 731.13%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$429.2K
$375.6K – $500.8K
NOI $30,045 @ 7.0% cap · market cap 1,001.50%
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
3,212
Businesses Nearby
Explore this area
Business Placement
Demographics for 33143, FL
34,853
Population
15,374
Households
2.3
Avg Household Size
41
Median Age
60%
College-Educated
94%
High-School Grad
7.8 sq mi
ZIP Area
4,468
Density / Sq Mi
$80,924
Median Household Income
$52,864
Median Earnings
$1,823
Median Rent
$768,900
Median Home Value
Market
Average Price Trend$/SF for Office Units in Miami-Dade County, FL
Properties on Market for Office Units in Miami-Dade County
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - The suite has a waiting room, three offices, a separate exit hallway, and a private bathroom.
Where is this office unit located?
The property is located at 7325 SW 63rd Ave # B Unit 102-B South Miami, FL.
What are key features of this property?
This property features: 786‑square‑foot office condo; Ground‑floor unit with a waiting room, three offices, a separate exit hallway, and a private bathroom; Free parking in the complex, plus street parking
