Renovated Historic Office
7610 Biscayne Boulevard, Miami, FL 33138
For Sale
Contact for pricing
The fully occupied property is leased under a new triple-net agreement with annual rent increases.
Property Size14,139 SF
Lot Size0.32 Acres
Price / SF$848.72
Days on Market15
Property Features for 7610 Biscayne Boulevard
General Information
Standard status
Size
Lot size
Property subtype
Zoning
Occupancy
Financials
Asking Price
Cap Rate
Site & Location
Neighborhood
Highway Access
Road Access
Additional Details
Condition
Tenant in Place
Building Details
Year Renovated
Buildings
Stories
Building Size
Tenancy
Listing Agency:
Chariff Realty Group Inc
Listed By:
Lyle Chariff · License #FL BK598708
(305) 576-7474
Source:
Crexi
Added: Oct 26
Changed: Nov 8
Last Checked: Nov 8 at 5:16PM
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 Chariff Realty Group 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.
Renovated in 2025, this two-story historic office building contains 14,139 square feet and occupies a 13,762-square-foot parcel. The property is fully leased to a publicly traded global company under a new five-year NNN lease, with 3% annual rent increases. The tenant is responsible for real estate taxes, insurance, and operating expenses.
The site is at the northwest corner of Biscayne Boulevard (US-1) and NE 76th Street in Miami’s MiMo Biscayne Boulevard Historic District. The NE 79th Street Causeway to Miami Beach is three blocks away; the Design District, Midtown, Wynwood, and Downtown are minutes from the property. Zoning is T6-8-O, Urban Core.
The site is at the northwest corner of Biscayne Boulevard (US-1) and NE 76th Street in Miami’s MiMo Biscayne Boulevard Historic District. The NE 79th Street Causeway to Miami Beach is three blocks away; the Design District, Midtown, Wynwood, and Downtown are minutes from the property. Zoning is T6-8-O, Urban Core.
Key Highlights
- 14,139‑square‑foot, two‑story historic office building
- Renovated in 2025
- 100% leased under a new five‑year NNN lease
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$405,613
Cap Rate
3.38%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$8,112,260
$8.1M
Cap Rate 7%
$5,794,471
$5.8M
Cap Rate 9%
$4,506,811
$4.5M
Market Conditions
NOI Build-Up for 14,139 SF
Gross rent
$636.3K $45.00/SF
− Vacancy
−$95.4K −$6.75/SF
EGI
$540.8K $38.25/SF
− OpEx
−$135.2K −$9.56/SF
NOI
$405.6K $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%
$8,112,260
Cap Rate 7%
$5,794,471
Cap Rate 9%
$4,506,811
Alternative Uses
Best Use
Office B
$5.79M
$5.07M – $6.76M
NOI $405,613 @ 7.0% cap · market cap 3.38%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$9.54M
$8.35M – $11.13M
NOI $668,074 @ 7.0% cap · market cap 5.57%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
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 buildings in Miami, FL
Properties on Market for Office buildings in Miami
Vacancy Rate% for Office in Miami, FL
Frequently Asked Questions
What type of property is this?
Office building - The fully occupied property is leased under a new triple-net agreement with annual rent increases.
Where is this office building located?
The property is located at 7610 Biscayne Boulevard Miami, FL.
What is the asking price?
The asking price for this property is $12,000,000.
What are key features of this property?
This property features: 14,139‑square‑foot, two‑story historic office building; Renovated in 2025; 100% leased under a new five‑year NNN lease
