Office Suite with Floor-to-Ceiling
For Sale
$625,000
800a-14 Ne 1st Ave, Miami, FL 33132
Fully built-out office suite with private offices, kitchenette, and abundant natural light in a landmark Downtown Miami building.
Property Size1,484 SF
Price / SF$421.16
Days on Market53
Property Features for 800a-14 Ne 1st Ave
General Information
Standard status
Active
Size
1,484 SF
Listing Agency:
BZG International, LLC
(305) 796-2271
Listed By:
Uccio Zecchini · License #3219617
(305) 796-2271
Source:
Exprealty
Added: Jun 9
Changed: Jul 10
Last Checked: Jul 31 at 5:55PM
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 BZG International, LLC
Investment Insights
Based on property information with market context.
This fully built-out office suite offers 1,484 square feet of designed workspace within the iconic One Flagler Building. The layout includes four private offices plus an open area, complemented by a modern kitchenette. Exposed ceilings and an open plan support flexible day-to-day use, while floor-to-ceiling windows bring in abundant natural light throughout the space.
One Flagler is situated in the heart of Downtown Miami, with convenient access to nearby destinations including Brickell, Biscayne Boulevard, and the Miami River. The building’s location supports easy connectivity for commuting and client visits, all within one of Miami’s most recognized office addresses.
The configuration is well suited for teams that need both focused rooms and a shared work area, including professional services, creative groups, and boutique firms. With existing interior improvements in place, prospective tenants and buyers can evaluate the suite as a ready-to-use option for establishing a professional office environment in a landmark property.
One Flagler is situated in the heart of Downtown Miami, with convenient access to nearby destinations including Brickell, Biscayne Boulevard, and the Miami River. The building’s location supports easy connectivity for commuting and client visits, all within one of Miami’s most recognized office addresses.
The configuration is well suited for teams that need both focused rooms and a shared work area, including professional services, creative groups, and boutique firms. With existing interior improvements in place, prospective tenants and buyers can evaluate the suite as a ready-to-use option for establishing a professional office environment in a landmark property.
Key Highlights
- 1,484 SF fully built‑out office suite in the One Flagler Building in Downtown Miami
- Features four private offices plus an open layout with exposed ceilings
- Includes a modern kitchenette and dedicated office space setup
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $66.8k | $45.00 |
| − Vacancy | −$10.0k | −$6.75 |
| EGI | $56.8k | $38.25 |
| − OpEx | −$14.2k | −$9.56 |
| NOI | $42.6k | $28.69 |
1,484 SF · lease $45.00/SF/yr · vacancy 15.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$608.2K
$532.2K – $709.5K
NOI $42,572 @ 7.0% cap · market cap 6.81%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.00M
$876.5K – $1.17M
NOI $70,120 @ 7.0% cap · market cap 11.22%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
8,468
Businesses Nearby
Explore this area
Business Placement
Demographics for 33132, FL
18,159
Population
12,725
Households
1.4
Avg Household Size
35
Median Age
61%
College-Educated
95%
High-School Grad
1.5 sq mi
ZIP Area
12,106
Density / Sq Mi
$109,505
Median Household Income
$71,509
Median Earnings
$2,534
Median Rent
$545,100
Median Home Value
Market
Vacancy Rate% for Office in Miami, FL
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Fully built-out office suite with private offices, kitchenette, and abundant natural light in a landmark Downtown Miami building.
Where is this office units located?
The property is located at 800a-14 Ne 1st Ave Miami, FL.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: 1,484 SF fully built‑out office suite in the One Flagler Building in Downtown Miami; Features four private offices plus an open layout with exposed ceilings; Includes a modern kitchenette and dedicated office space setup
