Office
For Sale
Contact for pricing
99 NW 183rd Street #239, Miami Gardens, FL 33169
Utilities are included with the private offices, available in more than one size.
Property Size51,992 SF
Price / SF$0.01
Days on Market8
Property Features for 99 NW 183rd Street #239
General Information
Standard status
Active
Size
51,992 SF
Property subtype
Office
Amenities
24/7 access
Building Details
Year Built
1971
Listing Agency:
Golani Realty Inc
(786) 586-8740
Listed By:
Matan Derhy · License #3525897
(786) 328-4131
Source:
Lehmannflorida
Added: Oct 15
Changed: Oct 21
Last Checked: Oct 21 at 2:19AM
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 Golani Realty Inc
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 1971, this property offers private office units in small and large configurations. Utilities are included. The leasing office is Suite 138 at 99 NW 183rd Street #239, Miami Gardens, Florida 33169, and is open Monday through Friday from 9 AM to 4 PM.
Key Highlights
- Private office units offered in small and large sizes
- Utilities included
- Built in 1971
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$788,739
Suggested Prices Based on Cap Rates
Cap Rate 5%
$15,774,780
$15.8M
Cap Rate 7%
$11,267,700
$11.3M
Cap Rate 9%
$8,763,767
$8.8M
Market Conditions
NOI Build-Up for 51,992 SF
Gross rent
$1.34M $25.80/SF
− Vacancy
−$289.7K −$5.57/SF
EGI
$1.05M $20.23/SF
− OpEx
−$262.9K −$5.06/SF
NOI
$788.7K $15.17/SF
Area
Miami Gardens, FL
Vacancy
21.60%
Lease Rate
$25.80 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$15,774,780
Cap Rate 7%
$11,267,700
Cap Rate 9%
$8,763,767
Alternative Uses
Best Use
Office B
$11.27M
$9.86M – $13.15M
NOI $788,739 @ 7.0% cap · market cap 131,675.96%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$15.48M
$13.54M – $18.06M
NOI $1,083,512 @ 7.0% cap · market cap 180,886.81%
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
2,175
Businesses Nearby
Explore this area
Business Placement
Demographics for 33169, FL
42,308
Population
14,815
Households
2.9
Avg Household Size
37
Median Age
22%
College-Educated
85%
High-School Grad
6.8 sq mi
ZIP Area
6,222
Density / Sq Mi
$59,686
Median Household Income
$34,327
Median Earnings
$1,536
Median Rent
$352,800
Median Home Value
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Utilities are included with the private offices, available in more than one size.
Where is this office unit located?
The property is located at 99 NW 183rd Street #239 Miami Gardens, FL.
What are key features of this property?
This property features: Private office units offered in small and large sizes; Utilities included; Built in 1971
