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Property profile & analytics
OFF-MARKET
Office Spaces

1200 West Ave Miami Beach, FL 33139

Built 1965
Property ID
Property summary
AI-generated overview

This exceptional 1965-built apartment building, located at 1200 West Ave #6 in Miami Beach, Florida (33139), presents a unique investment opportunity. Currently configured as a private office space, this multifamily property offers stunning direct bay views. The asking price is $225,000. The unit is categorized as both an office and multifamily property, specifically an apartment building and apartment/condo. Its convenient Miami Beach location in Miami-Dade County provides easy access to the city's vibrant amenities. A significant advantage is the inclusion of all utilities – cable, internet, and electricity – within the monthly maintenance fee, minimizing operational expenses for the owner. This makes it an attractive proposition for both owner-occupants seeking a prestigious office space with breathtaking views and investors looking for a potentially lucrative rental income stream in a high-demand location. The property's age suggests potential for renovation or modernization, offering further opportunities to enhance its value. Detailed financial information and property specifics are available upon request. This is a rare opportunity to acquire a well-situated, amenity-rich property in the heart of Miami Beach.

Property profile
Verified
Property type Office Spaces
Year built 1965
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
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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