Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    2880 214Th St Miami, FL 33180
    Property profile & analytics

    2880 214Th St, Miami, FL 33180

    View on Map
    • Office Spaces
    • 878 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Office Spaces

    Property Details for 2880 214Th St

    Property type
    Office Spaces
    Property subtype
    Medical Office Space

    Description

    This exceptional 744 square foot medical office condo is situated in the prestigious Aventura Medical Tower at 2880 NE 214th St, Miami, FL 33180. Priced at $658,500 ($750 per square foot), this owner-user opportunity presents a compelling investment in a thriving medical hub. The unit is part of a Class A building, offering convenient access to the Aventura Hospital campus. Building amenities include smart elevators, assigned parking, valet parking, and ample general parking. This location boasts a strong medical presence, with established practices such as University of Miami, Gastro Group, and Ortho Group already in residence. The total square footage of the unit is 878 square feet, with 744 square feet of net rentable space. This is a rare chance to acquire a well-appointed medical office condo in a high-demand area, providing both immediate occupancy and long-term investment potential. The unit is part of a larger building with Unit number 906. This prime location offers excellent visibility and accessibility for patients and staff alike. Don't miss this opportunity to establish or expand your medical practice in a premier Aventura location.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.1446
    Latitude
    25.9732

    Comparable in this City

    • Value Estimation by Request

      21097 27Th St

      Medical Office Space
      21097 27Th St, Aventura, FL 33180
      View Details
    • Value Estimation by Request

      2920 Aventura Blvd

      Medical Office Space
      2920 Aventura Blvd, Aventura, FL 33180
      View Details
    • Value Estimation by Request
      1,183 SF

      2801 214Th St

      Medical Office Space
      2801 214Th St, Aventura, FL 33180
      View Details
    • Value Estimation by Request

      20200 Dixie Hwy 709 Hwy

      Office Spaces
      20200 Dixie Hwy 709 Hwy, Aventura, FL 33180
      View Details
    • Value Estimation by Request

      21290 Biscayne Blvd

      Office Spaces
      21290 Biscayne Blvd, Aventura, FL 33180
      View Details
    • Value Estimation by Request
      1,284 SF

      21290 Biscayne Blvd

      Office Spaces
      21290 Biscayne Blvd, Aventura, FL 33180
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Luxury Medical Office Suite

      Modern, versatile suite designed for medical or professional offices with high-end finishes and natural light.
      21290 Biscayne Blvd, Aventura, FL 33180
      View Details
    • Contact for pricing
      Pending

      Aventura Health District Retail Space

      Retail spaces available in Aventura Health District near hospital.
      2820 NE 214Th St, Aventura, FL 33180
      View Details
    • $685,000
      25,000 SF

      Aventura Boutique Class A Office

      Boutique Class A office space in a desirable Aventura location.
      21290 Biscayne Blvd, Aventura, FL 33180
      View Details
    • New
      $775,000
      0.01 Acres

      10th-Floor Office Condominium Suite

      Versatile 10th-floor office suite with natural light, suited for professional or medical-related office uses.
      2820 NE 214Th St, Aventura, FL 33180
      View Details
    • $699,000

      Ground-Floor Office Space, High Exposure

      Exceptional office space with premium exposure on Ives Dairy Rd.
      20200 W Dixie Hwy, Aventura, FL 33180
      View Details
    • Contact for pricing

      Aventura Medical Office Space Available

      2,737 SF medical office near Aventura Hospital and Aventura Mall.
      20803 Biscayne Blvd, Aventura, FL 33180
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      528,954 SF

      Bayfront Office Space, 4022 SF

      Stunning bay & yacht views; 4022 sq ft office.
      18851 29Th Ave, Aventura, FL 33180
      View Details
    • Contact for pricing
      118,000 SF

      Aventura Medical Office Condo

      Prime Aventura Medical Office Space
      2820 214Th St, Miami, FL 33180
      View Details
    • Contact for pricing

      Medical Office Suite with Versatile Layout

      Modern, high-finish office suite well suited for medical or administrative teams with lobby service, security, and parking.
      21290 Biscayne Blvd, Aventura, FL 33180
      View Details
    • $1,800 /Mo
      81,928 SF

      Luxury Office in Aventura

      Exclusive office space in Aventura, perfect for various professional uses.
      21290 Biscayne Blvd, Aventura, FL 33180
      View Details
    • Contact for pricing
      2,737 SF

      Medical Office Space Available

      2,737 SF fully built-out medical office space for lease.
      20803 Biscayne Blvd, Miami, FL 33180
      View Details
    • $2,100 /Mo
      81,928 SF

      Aventura Office Space For Rent

      Open concept office space in Aventura, ready for immediate occupancy.
      21290 Biscayne Blvd, Aventura, FL 33180
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2880 214Th St
    Miami, FL 33180
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    2880 214Th St, Miami, FL, 33180
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!