Medical Office Condominium Corner
909-2820 Ne 214th St Aventura, FL 33169
909-2820 Ne 214th St, Aventura, FL, 33169
$1,100,000
For Sale
$1,100,000
Premium corner office unit includes a private balcony, floor-to-ceiling windows, and two assigned parking spaces.
Property Size1,362 SF
Price / SF$807.64
Days on Market44
Property Features for 909-2820 Ne 214th St
General Information
- Standard status
- Active
- Size
- 1,362 SF
Listing agency
Cervera Real Estate Inc
(917) 539-6955
Listed by
Myra Yung
(917) 539-6955
Source
Exprealty
Added: Jun 9 Updated: Jul 21 at 5:37AM Checked: Jul 21 at 5:37AM
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 Cervera Real Estate Inc
Investment Insights
Based on property information with market context.
Offices at Ivory 214 is a contemporary mixed-use commercial condominium building in the Aventura Medical District. The property includes 34 medical and professional office units, approximately 100 extended-stay rooms under the Tapestry Hilton Hotel brand, and about 10,000 square feet of retail space. Office owners and tenants have access to hotel amenities.
Unit 909 is a premium corner office condominium with south exposure and a private balcony. The unit includes floor-to-ceiling windows and wooden flooring, and it is available now. Two assigned parking spaces (#107 and #108) are included.
The building is within walking distance of Aventura Hospital, and retail and dining are available across Biscayne Blvd at Gulfstream Park and Aventura Commons mall.
Unit 909 is a premium corner office condominium with south exposure and a private balcony. The unit includes floor-to-ceiling windows and wooden flooring, and it is available now. Two assigned parking spaces (#107 and #108) are included.
The building is within walking distance of Aventura Hospital, and retail and dining are available across Biscayne Blvd at Gulfstream Park and Aventura Commons mall.
Key Highlights
- Premium corner office unit with 1,362 sq. ft. (net 1,096 sq. ft. plus common area factor) and private balcony
- Unit 909 features floor‑to‑ceiling windows and wooden floors and is available now
- Office owners/tenants have access to hotel amenities at the on‑site Tapestry Hilton extended‑stay “Serena”
Local 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 | $62.1k | $45.60 |
| − Vacancy | −$14.0k | −$10.26 |
| EGI | $48.1k | $35.34 |
| − OpEx | −$12.0k | −$8.84 |
| NOI | $36.1k | $26.51 |
1,362 SF · lease $45.60/SF/yr · vacancy 22.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$515.7K
$451.3K – $601.7K
NOI $36,100 @ 7.0% cap · market cap 3.28%
Second Best
Healthcare Medical
$256.4K
$224.3K – $299.1K
NOI $17,946 @ 7.0% cap · market cap 1.63%
Theoretical Best
Office A
$691.0K
$604.6K – $806.2K
NOI $48,370 @ 7.0% cap · market cap 4.40%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office Units
Similar For Sale Nearby
FAQs
What type of property is this?
Office units - Premium corner office unit includes a private balcony, floor-to-ceiling windows, and two assigned parking spaces.
Where is this office units located?
The property is located at 909-2820 Ne 214th St Aventura, FL.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Premium corner office unit with 1,362 sq. ft. (net 1,096 sq. ft. plus common area factor) and private balcony; Unit 909 features floor‑to‑ceiling windows and wooden floors and is available now; Office owners/tenants have access to hotel amenities at the on‑site Tapestry Hilton extended‑stay “Serena”
