For Sale
$27,950,000

1900 Miami CtMiami, FL 33132

Miami Creative Office Investment

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional Class A creative office building in Miami's vibrant Wynwood district offers 43,559 square feet of space across two floors. Currently 100% occupied by 11 tenants, including notable names like Monster Energy and Aroma 360, the property boasts a strong 7.05% cap rate and a substantial NOI of $1,969,983. Built in 2023, the building features modern loft-style offices with glass partitions, LED lighting, and exposed brick, ranging from 1,326 to 9,588 square feet. Convenient on-site parking and valet services are available. The building's prime location at 1900 NE Miami Ct, Miami, FL 33132, provides excellent visibility and access to numerous amenities. The asking price is $27,950,000, representing a price per square foot of $641.66. The property sits on a 14,519 square foot lot and is zoned T6-12-O. Under-market rents present significant upside potential for future rent growth, making this a compelling investment opportunity in a rapidly developing area known for its thriving tech and creative sectors. The strong weighted average lease term ensures long-term stability and profitability. This is a rare chance to acquire a high-yield asset in one of Miami's most dynamic neighborhoods.

Highlights

  • Significant upside potential due to below-market rents.
  • Prime Wynwood location in a rapidly growing area attracting tech and creative businesses.
  • Strong weighted average lease term (WALT) ensures long-term profitability.
  • Rare opportunity to acquire a high-yield asset in a dynamic Miami market.

Property Details for 1900 Miami Ct

Property type
Office properties, Office space
Square Feet
43,559 SF
Class
A
Year Built
2023

Location Insight

City
Miami
County
Miami-Dade
State
Florida
Latitude
25.795622260133
Longitude
-80.194070996637
1900 Miami Ct, Miami, Florida

FAQs

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1900 Miami Ct
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