Second-Floor Office
New
For Sale
$1,250,000
7765 SW 87th Ave # 207A, Miami, FL 33173
A dual-entry layout, window hurricane shutters, and dedicated parking serve professional office use.
Property Size1,530 SF
Price / SF$816.99
Days on Market4
Property Features for 7765 SW 87th Ave # 207A
General Information
Standard status
Active
Size
1,530 SF
Class
Class A
Total Parking Spaces
3
Property subtype
Office
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Floor
2
Taxes and HOA fees
Annual Taxes
$9,208
Amenities
dual entrance doors
roll-down hurricane shutters
Building Details
Building Size
1,530 SF
Year Built
1996
Listing Agency:
Capital Trust Real Estate Corp
Listed By:
Emad Shawwa · License #3099616
(305) 668-6500
Source:
Relinkre
Added: Oct 14
Changed: Oct 16
Last Checked: Oct 16 at 1:13PM
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 Capital Trust Real Estate Corp
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Investment Insights
Based on property information with market context.
This 1,530-square-foot office unit occupies the second floor of a Class A building constructed in 1996. Two entrance doors offer flexibility in arranging the suite, and roll-down hurricane shutters cover its windows. The unit has three assigned parking spaces: one covered and two open-air, with guest parking also available.
Baptist Hospital is nearby, and the property connects to State Roads 878 and 874, with access to the Palmetto Expressway and Florida Turnpike.
Baptist Hospital is nearby, and the property connects to State Roads 878 and 874, with access to the Palmetto Expressway and Florida Turnpike.
Key Highlights
- 1,530‑square‑foot second‑floor office unit
- Two entrance doors and roll‑down hurricane shutters on all windows
- Three dedicated spaces: one covered and two open‑air
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$43,892
Cap Rate
3.51%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$877,840
$877.8K
Cap Rate 7%
$627,029
$627.0K
Cap Rate 9%
$487,689
$487.7K
Market Conditions
NOI Build-Up for 1,530 SF
Gross rent
$68.9K $45.00/SF
− Vacancy
−$10.3K −$6.75/SF
EGI
$58.5K $38.25/SF
− OpEx
−$14.6K −$9.56/SF
NOI
$43.9K $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%
$877,840
Cap Rate 7%
$627,029
Cap Rate 9%
$487,689
Alternative Uses
Best Use
Office B
$627.0K
$548.7K – $731.5K
NOI $43,892 @ 7.0% cap · market cap 3.51%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.03M
$903.7K – $1.20M
NOI $72,293 @ 7.0% cap · market cap 5.78%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,443
Businesses Nearby
Explore this area
Business Placement
Demographics for 33173, FL
33,648
Population
12,237
Households
2.7
Avg Household Size
46
Median Age
42%
College-Educated
91%
High-School Grad
5.5 sq mi
ZIP Area
6,118
Density / Sq Mi
$83,053
Median Household Income
$48,565
Median Earnings
$1,935
Median Rent
$460,500
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 units - A dual-entry layout, window hurricane shutters, and dedicated parking serve professional office use.
Where is this office units located?
The property is located at 7765 SW 87th Ave # 207A Miami, FL.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: 1,530‑square‑foot second‑floor office unit; Two entrance doors and roll‑down hurricane shutters on all windows; Three dedicated spaces: one covered and two open‑air
