For Sale
$1,200,000

1000 Brickell Ave Miami, FL 33131

Miami Office Building - Excellent Investment

Overview

Added:
Dec 11, 2024
Days on market:
135
This exceptional investment opportunity presents a well-maintained, 1968-built apartment building located at 1000 Brickell Ave #610, Miami, FL 33131. Currently configured as five office spaces, complete with a conference room and kitchen area, this property is ideally suited for professional users. The building boasts a solid tenant currently under lease until August 31, 2026, generating a 5.25% return on the asking price of $1,200,000. The tenant is responsible for sales tax. Operating expenses are comprehensively covered by the owner, encompassing electricity, janitorial services, water, sewer, insurance, and building maintenance, including common area upkeep. The property benefits from a highly desirable location, offering convenient access to the MetroRail and MetroMover, as well as the vibrant dining and shopping options of Mary Brickell Village. This corner office space enjoys prime visibility facing Brickell Avenue. The building's common areas have undergone recent renovations. This property represents a compelling investment opportunity, competitively priced within the Brickell market, and the owner is motivated to sell. The building is fully built out for professional use.

Highlights

  • $1,200,000 asking price.
  • Miami, FL multifamily apartment building (Office/Multifamily use).
  • Built in 1968.
  • Five office spaces, conference room, and kitchen.
  • Solid tenant with lease through 8/31/2026, generating a 5.25% return.

Property Details for 1000 Brickell Ave

Property type
Office properties, Apartment buildings
Year Built
1968

Location Insight

City
Miami
County
Miami-Dade
State
Florida
Latitude
25.7639791
Longitude
-80.1917842

FAQs

What type of property is this?
Office property - Miami Office Building - Excellent Investment
Where is the office property located?
The property is located at 1000 Brickell Ave Miami, FL.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: $1,200,000 asking price.; Miami, FL multifamily apartment building (Office/Multifamily use).; Built in 1968.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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1000 Brickell Ave
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