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Property profile & analytics
OFF-MARKET Estimated value $1,670,000
Office buildings

1200 Brickell Ave Fl 1a Miami, FL 33131-3209

512 SF Built 2008
Entity Owned 14-yr Hold ~ Est. High Equity
Property ID
US18-4387501
Property summary
AI-generated overview

This exceptional 2,248-square-foot office space is ideally situated on a highly visible corner of Brickell Avenue in Miami, Florida, at 1200 Brickell Ave #510. The property, a single-tenant space within a Class B building (APN: 01-41-38-142-0940), boasts a traditional yet creative office layout, perfect for a variety of businesses. Built in 1985 and renovated in 2020, the space features a 9-foot ceiling height and includes three private offices, a dedicated conference room, a break room, and a spacious open work area. The building offers convenient elevator access. This corner unit provides stunning views of Brickell Avenue. The property is zoned 6407 and is conveniently located near Brickell City Centre and Mary Brickell Village, offering easy access to numerous amenities, including high-end hotels and restaurants. Noteworthy is the award-winning "Dirty French" restaurant located on the ground floor of the building. The current tenant will vacate by the end of April 2024, presenting a timely opportunity for a new occupant to establish their presence in this vibrant and prestigious Miami location.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING (MULTI-STORY)
Year built 2008
Total area 512 SF
Zoning code 6407:HIGH DENS MIX USE
APN 01-4138-142-3400
UPID US18-4387501
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • The Law Office of Jonathan Bell Law Firm
  • Studio Legale Internazionale Law Firm
  • SPI Software (Bike/Boat/Book/etc) Store Corporate Office
  • G&G Business Developments Real Estate Agency
  • DocStyle LLC (Bike/Boat/Book/etc) Store Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.77M
Blend (final) Blend
$1.67M
Owner & transaction history
1200 Brickell Inv Prop LLC · 14 yrs held
1200 Brickell Inv Prop LLC
since 2012
1 recorded transaction
2012
Price N/A
Zoning & alternative use
6407:HIGH DENS MIX USE · Miami, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source Planning and Zoning
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