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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    999 Brickell Ave Miami, FL 33131

    • Office buildings
    • 185,563 SF
    • 1.63 lot acres
    For Lease
    View listing
    $0.10 SF/Yr
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US18-0064451
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • The Martins Law Firm, P. A. / Law Firm / Estate Planning Attorney
    • Pacar Real Estate LLC / Real Estate Agency
    • Batewood Construction / Construction Company
    • WMT Digital / Marketing Agency / Marketing Consultant
    • QueensFort Capital Corporation / Bank

    Property Details for 999 Brickell Ave

    Year built
    1973
    Construction
    CONCRETE
    Lot size
    1.63 lot acres
    Property size
    185,563 SF
    Zone code
    6407:HIGH DENS MIX USE
    Property type
    Office buildings
    APN
    01-0210-030-1090
    APU
    102100301090

    Description

    This exceptional 114-square-foot office suite is located on the prestigious Brickell Avenue in the heart of Miami's Financial District, within walking distance of Brickell City Center and Mary Brickell Village. Situated in a Class B office building, this single-tenant space is perfect for a small team of up to four people. The suite boasts large windows offering ample natural light. The layout and number of desks are customizable to meet your specific needs. Rent includes a professional business address, high-speed internet access available 24/7, fully furnished workspace, a dedicated telephone line and fax number, printing, copying, and scanning services, and five hours of monthly conference room usage. Enjoy complimentary coffee, tea, and water. Building amenities include 24-hour security, regular cleaning services, and all utilities and maintenance are included in the rent, significantly reducing your operational costs. The property's APN is 01-02-10-030-1090 and is zoned 6407. The total building has one suite. This is a truly all-inclusive opportunity in a highly desirable location.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-dade
    State
    Florida
    Longitude
    -80.1906
    Latitude
    25.7639
    CBSA code
    33100
    CBSA name
    MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $855,035
    $42,572,400
    $2,108,251
    $44,680,651
    -
    $42,572,400
    $2,108,251
    $44,680,651

    Comparable in this City

    • Value Estimation
      $1,730,000
      530 SF

      1200 Brickell Ave, Unit 1620-B

      OFFICE BUILDING (MULTI-STORY) • 530 SF
      1200 Brickell Ave, Miami, FL 33131-3214
      View Details
    • Value Estimation
      $7,950,000
      2,712 SF

      1000 Brickell Ave, Unit 4B

      PROFESSIONAL BUILDING • 2,712 SF
      1000 Brickell Ave, Miami, FL 33131-3013
      View Details
    • Value Estimation
      $1,430,000
      439 SF

      1200 Brickell Ave, Unit F

      OFFICE BUILDING (MULTI-STORY) • 439 SF
      1200 Brickell Ave, Miami, FL 33131-3214
      View Details
    • Value Estimation
      $1,935,000
      539 SF

      1110 Brickell Ave Ste 708a

      PROFESSIONAL BUILDING • 539 SF
      1110 Brickell Ave Ste 708a, Miami, FL 33131-3138
      View Details
    • Value Estimation
      $3,960,000
      1,309 SF

      1000 Brickell Ave Fl 5f

      PROFESSIONAL BUILDING • 1,309 SF
      1000 Brickell Ave Fl 5f, Miami, FL 33131-3047
      View Details
    • Value Estimation
      $1,430,000
      439 SF

      1200 Brickell Ave Ste 1575c

      OFFICE BUILDING (MULTI-STORY) • 439 SF
      1200 Brickell Ave Ste 1575c, Miami, FL 33131-4102
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Class A Office Building Brickell

      Class A office building in the heart of Brickell Avenue.
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      Luxury Brickell Office with Terrace

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      Brickell Ave Office Condo Investment

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      Prime Miami Office Building

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      Brickell Office with Practical Layout

      Spacious office unit in the heart of Brickell with tenant.
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    Similar Nearby for Lease

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      1,803 SF

      Boutique Office in Financial District

      Five-story office building in the heart of Miami's Financial District.
      1390 Brickell Ave, Miami, FL 33131
      View Details
    • Contact for pricing
      12,199 SF

      Prestigious Office Space on Brickell

      Prime office space with unobstructed water views and unparalleled amenities.
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      View Details
    • $38 SF/Yr
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      Office Building on Miami River

      Ten-story office building with amenities located on the Miami River.
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    • $0.30 SF/Yr
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      Downtown Huntington Office Space

      Modern office, prime location, ample natural light.
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      Move-In Ready Class A Office

      Class A office space with new build-out near I-95.
      3350 Virginia St, Coconut Grove, FL 33131
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      71,607 SF

      Office Space in Brickell Tower

      Office space in the heart of Brickell with modern amenities.
      80 SW 8Th St, Miami, FL 33131
      View Details
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    Miami, FL 33131
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    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
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