Office Unit with Conference
790 NW 107th Ave 302, Miami, FL 33172
For Sale
Contact for pricing
Configured office suite with private workrooms, shared meeting space, kitchen access, and on-site business amenities.
Property Size360,000 SF
Days on Market57
Property Features for 790 NW 107th Ave 302
General Information
Standard status
Size
Property subtype
Building Details
Building Size
Year Built
Listing Agency:
Miami Views Realty
Listed By:
Agata Munoz · License #A12086359
(305) 900-7317
Source:
Elliman
Added: Sep 12
Changed: Oct 29
Last Checked: Nov 6 at 10:55AM
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 Miami Views Realty
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Investment Insights
Based on property information with market context.
This office unit at QUATTRO Office Park includes 4 offices, 1 conference room, and a kitchen, providing a ready workplace configuration within a multi-building office community. The property offers air conditioning, on-site management, parking, and maintenance services. Medical users are welcomed with stated exceptions.
Shared facilities include a conference room accommodating up to 50 people, a fitness center with complimentary employee membership during the lease term, an on-site restaurant, and electric vehicle charging stations. The office park features a two-story lobby with tropical landscaping and contemporary finishes. Located at 790 NW 107th Ave in Miami, the property is near Miami International Airport and has walk, bike, and transit scores of 45, 47, and 44, respectively.
Shared facilities include a conference room accommodating up to 50 people, a fitness center with complimentary employee membership during the lease term, an on-site restaurant, and electric vehicle charging stations. The office park features a two-story lobby with tropical landscaping and contemporary finishes. Located at 790 NW 107th Ave in Miami, the property is near Miami International Airport and has walk, bike, and transit scores of 45, 47, and 44, respectively.
Key Highlights
- 4 offices and 1 conference room with kitchen access
- Conference room accommodates up to 50 people
- Fitness center with complimentary employee membership during the lease term
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,327,500
Suggested Prices Based on Cap Rates
Cap Rate 5%
$206,550,000
$206.6M
Cap Rate 7%
$147,535,714
$147.5M
Cap Rate 9%
$114,750,000
$114.8M
Market Conditions
NOI Build-Up for 360,000 SF
Gross rent
$16.20M $45.00/SF
− Vacancy
−$2.43M −$6.75/SF
EGI
$13.77M $38.25/SF
− OpEx
−$3.44M −$9.56/SF
NOI
$10.33M $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%
$206,550,000
Cap Rate 7%
$147,535,714
Cap Rate 9%
$114,750,000
Alternative Uses
Best Use
Office B
$147.54M
$129.09M – $172.13M
NOI $10,327,500 @ 7.0% cap · market cap 25,189,024.39%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$243.00M
$212.63M – $283.50M
NOI $17,010,162 @ 7.0% cap · market cap 41,488,200.00%
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
828
Businesses Nearby
Explore this area
Business Placement
Demographics for 33172, FL
43,911
Population
16,103
Households
2.7
Avg Household Size
42
Median Age
32%
College-Educated
75%
High-School Grad
6.4 sq mi
ZIP Area
6,861
Density / Sq Mi
$61,733
Median Household Income
$35,061
Median Earnings
$1,926
Median Rent
$260,200
Median Home Value
Market
Average Price Trend$/SF for Office Units in Miami, FL
Properties on Market for Office Units in Miami
Vacancy Rate% for Office in Miami, FL
Frequently Asked Questions
What type of property is this?
Office unit - Configured office suite with private workrooms, shared meeting space, kitchen access, and on-site business amenities.
Where is this office unit located?
The property is located at 790 NW 107th Ave 302 Miami, FL.
What are key features of this property?
This property features: 4 offices and 1 conference room with kitchen access; Conference room accommodates up to 50 people; Fitness center with complimentary employee membership during the lease term
