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Property profile

6303 40Th St Miami, FL 33155

OFF-MARKET
Office Spaces
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Property summary

AI-generated overview

This beautifully maintained, classic office building, located on Bird Road near Coral Gables and South Miami, offers 2,826 square feet of flexible space. Ideal for professional offices, medical practices, therapy centers, tutoring, or educational facilities. The property features nine parking spaces and is zoned 6900. The building consists of a single suite, making it perfect for a single tenant seeking a self-contained space. The lease is a NNN lease, with a base rent of $32.50 per square foot annually, plus estimated CAM charges of $12.00 per square foot annually. A preferred lease term is two years with a two-year renewal option; however, the owner may consider longer-term leases. The property's APN is 30-40-13-019-1240. This competitively priced property presents a rare opportunity in a desirable location. Its classic charm and convenient access to major thoroughfares make it an attractive option for businesses seeking a well-maintained and functional office space. Don't miss this chance to secure a prime location for your business.

Property profile

Verified
Property type Office Spaces

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Law Firm

Location

6303 40Th St Miami, FL 33155
Miami metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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