Coral Gables Office
For Sale
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75 Valencia Ave # 1050, Coral Gables, FL 33134
Professionally managed office building near Miracle Mile in Coral Gables.
Property Size90,000 SF
Price / SF$0.00
Days on Market214
Property Features for 75 Valencia Ave # 1050
General Information
Standard status
Active
Size
90,000 SF
Property subtype
Office
Site & Location
Neighborhood
Downtown Coral Gables
Building Details
Building Size
90,000 SF
Year Built
1986
Listing Agency:
Sime Realty Corporation
Listed By:
Amber Sime · License #3571525
(305) 785-2588
Source:
Casacollectiongroup
Added: Mar 24
Changed: Oct 17
Last Checked: Oct 21 at 3:38AM
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 Sime Realty Corporation
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Investment Insights
Based on property information with market context.
Located steps from Miracle Mile, this professionally managed building offers a business address in Coral Gables. The property features a renovated lobby and a modernized exterior entrance. Tenants benefit from 24/7 secured access and on-site armed security. A dedicated property manager is available. Visitor parking is provided. Suite 1050 includes a kitchen, reception area, window-lined offices, a large conference space, and an open area. This building is suitable for businesses seeking prestige and functionality.
Key Highlights
- Prime location steps from Miracle Mile in Coral Gables.
- 24/7 secured access and on‑site armed security.
- Renovated lobby and modernized exterior entrance.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$2,385,450
Suggested Prices Based on Cap Rates
Cap Rate 5%
$47,709,000
$47.7M
Cap Rate 7%
$34,077,857
$34.1M
Cap Rate 9%
$26,505,000
$26.5M
Market Conditions
NOI Build-Up for 90,000 SF
Gross rent
$4.10M $45.60/SF
− Vacancy
−$923.4K −$10.26/SF
EGI
$3.18M $35.34/SF
− OpEx
−$795.2K −$8.84/SF
NOI
$2.39M $26.51/SF
Area
Miami-Dade County, FL
Vacancy
22.50%
Lease Rate
$45.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$47,709,000
Cap Rate 7%
$34,077,857
Cap Rate 9%
$26,505,000
Alternative Uses
Best Use
Office B
$34.08M
$29.82M – $39.76M
NOI $2,385,450 @ 7.0% cap · market cap 5,301,000.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$45.66M
$39.95M – $53.27M
NOI $3,196,256 @ 7.0% cap · market cap 7,102,791.11%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
9,041
Businesses Nearby
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Business Placement
Demographics for 33134, FL
38,739
Population
18,136
Households
2.1
Avg Household Size
46
Median Age
54%
College-Educated
91%
High-School Grad
5.2 sq mi
ZIP Area
7,450
Density / Sq Mi
$92,009
Median Household Income
$56,392
Median Earnings
$1,818
Median Rent
$660,200
Median Home Value
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Professionally managed office building near Miracle Mile in Coral Gables.
Where is this office unit located?
The property is located at 75 Valencia Ave # 1050 Coral Gables, FL.
What are key features of this property?
This property features: Prime location steps from Miracle Mile in Coral Gables.; 24/7 secured access and on‑site armed security.; Renovated lobby and modernized exterior entrance.
