12550 Biscayne Blvd #702
About This Property
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
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Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 25, 2025 | Listed | $40 | |
| Listed | |||
| | |||
|
Fully renovated and private executive office space approved for medical use. Perfect for a doctor’s office or med spa, can be used for a variety of other businesses as well. Centrally located near major avenues and retailers, this high floor prime office space features a modern reception area, four separate private rooms, and comes with two parking spaces. Featuring floor to ceiling windows through out with impressive views of Biscayne Bay and the Miami Skyline, just minutes away from the Bal Harbour Shops, Aventura Mall, and many other popular retailers. Building provides a concierge and security team stationed at the front desk with 24/7 access. Flexible lease terms, includes fast Wi-Fi, electricity, water, common area maintenance, and regular cleaning. Also available for sale.
| |||
| May 20, 2025 | Listed | $700,000 | |
| Listed | |||
| | |||
|
Rarely available renovated executive office space approved for medical use. Perfect for a doctor’s office or med spa, can be used for a variety of other businesses as well. Centrally located near major avenues and retailers, this high floor prime office space features a modern reception area, four separate private rooms, and comes with two parking spaces. Floor to ceiling windows through out with amazing views of Biscayne Bay and the Miami Skyline, just minutes away from the Bal Harbour Shops, Aventura Mall, and Sunny Isles beach. Building provides a concierge and security team stationed at the front desk with 24/7 access. Maintenance includes regular cleaning of the office space and all utilities.
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| Nov 10, 2023 | No longer available | - | |
| No longer available | |||
| Aug 10, 2023 | Price Decreased |
$520,000
↓ $5K
(1%) | |
| Price Decreased | |||
| Apr 12, 2023 | Listed | $525,000 | |
| Listed | |||
| | |||
|
Looking for a spacious and well-maintained office space in North Miami? Recently renovated and lightly used, this office space offers a modern and professional atmosphere perfect for any business.
Located on the 7th floor facing southeast towards Biscayne Bay, this office condo boasts breathtaking views that are sure to inspire creativity and motivation. You'll love the natural light that floods the space throughout the day, creating a warm and inviting atmosphere that is perfect for productivity.
Don't miss your chance to own this exceptional office condo in North Miami. Contact us today to schedule a viewing and experience the beauty of this space for yourself!
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/16/2023
|
Loft
|
-
|
-
|
$410,000
Loft
-
|
-
-
|
Billy Planes
RE/MAX 360 Real Estate
| |
|
04/12/2023
|
Loft
|
-
|
-
|
$525,000
Loft
-
|
-
-
|
Kevin Kohler
Keller Williams Partners
| |
|
02/24/2023
|
Loft
|
-
|
-
|
$125,000
Loft
-
|
-
-
|
Maria Alejan Rodriguez
Antorcha Real Estate Group LLC
| |
|
02/07/2023
|
Loft
|
-
|
-
|
$141,000
Loft
-
|
-
-
|
Andres Nitti
Creative R.E. & Projects, LLC
| |
|
11/08/2022
|
Loft
|
-
|
-
|
$375,000
Loft
-
|
-
-
|
Jonathan Teboul
Management Miami
| |
|
07/15/2022
|
Loft
|
-
|
-
|
$390,999
Loft
-
|
-
-
|
Nicolas Dayan
New Miami International Realty
| |
|
05/17/2022
|
Loft
|
-
|
-
|
$199,000
Loft
-
|
-
-
|
Shane Graber
Graber Realty Group LLC
| |
|
02/03/2022
|
Loft
|
-
|
-
|
$129,000
Loft
-
|
-
-
|
Carlos Marco
Best Real Estate Group
| |
|
05/10/2022
|
Loft
|
-
|
-
|
$140,000
Loft
-
|
-
-
|
Rosanna Peragine
UTG Real Estate
| |
|
05/09/2022
|
Loft
|
-
|
-
|
$399,000
Loft
-
|
-
-
|
Carlos Marco
Best Real Estate Group
| |
|
04/21/2022
|
Loft
|
-
|
-
|
$750,000
Loft
-
|
-
-
|
Emmanuel Menelas
Keller Williams Central
| |
|
02/22/2022
|
Loft
|
-
|
-
|
$599,000
Loft
-
|
-
-
|
Emmanuel Menelas
Keller Williams Central
| |
|
02/03/2022
|
Loft
|
-
|
-
|
$135,000
Loft
-
|
-
-
|
Emmanuel Menelas
Keller Williams Central
| |
|
12/24/2021
|
Loft
|
-
|
-
|
$133,900
Loft
-
|
-
-
|
Nicolas Dayan
New Miami International Realty
| |
|
12/24/2021
|
Loft
|
-
|
-
|
$347,900
Loft
-
|
-
-
|
Nicolas Dayan
New Miami International Realty
| |
|
08/17/2021
|
Loft
|
-
|
-
|
$750,000
Loft
-
|
-
-
|
Jorge Fernandez-Pla
Keller Williams Realty Premier
| |
|
09/07/2020
| |
Loft
|
-
|
-
|
$6,500
Loft
-
|
-
-
|
Marita Cyriaque
Charles Rutenberg Realty Fort
|
|
03/31/2021
|
Loft
|
-
|
-
|
$110,000
Loft
-
|
-
-
|
Jesus LLC Soto
Keller Williams Eagle Realty
| |
|
03/08/2021
|
Loft
|
-
|
-
|
$199,000
Loft
-
|
$185,000
-7.04%
09/17/2021
|
Carlos Marco
Best Real Estate Group
| |
|
02/22/2021
|
Loft
|
-
|
-
|
$195,000
Loft
-
|
-
-
|
Carlos Marco
Best Real Estate Group
| |
|
02/08/2021
|
Loft
|
-
|
-
|
$750,000
Loft
-
|
-
-
|
Nadia Ismael
Piquet Realty
| |
|
02/01/2021
|
Loft
|
-
|
-
|
$649,000
Loft
-
|
-
-
|
Jonathan Teboul
Management Miami
| |
|
09/24/2020
|
Loft
|
-
|
-
|
$298,000
Loft
-
|
-
-
|
Daniel Blakeman
Chariff Realty Group
| |
|
01/05/2020
|
Loft
|
-
|
-
|
$975,000
Loft
-
|
-
-
|
Krisztian Nagy
Keller Williams Elite Properties
| |
|
09/09/2019
|
Loft
|
-
|
822 ft²
|
$349,000
Loft
-
822 ft²
|
-
-
|
Carlos Marco
Best Real Estate Group
| |
|
07/05/2018
| |
Studio
|
-
|
-
|
-
Studio
-
|
-
-
|
-
|
|
12/06/2018
|
Studio
|
-
|
-
|
$524,500
Studio
-
|
-
-
|
Raul De Reguero
The Keyes Company
| |
|
10/01/2018
|
Studio
|
-
|
-
|
$320,000
Studio
-
|
-
-
|
Luciana Nadeau
The Keyes Company
| |
|
09/21/2018
|
Studio
|
-
|
-
|
-
Studio
-
|
-
-
|
Jesus LLC Soto
Keller Williams Eagle Realty
| |
|
04/07/2018
|
Studio
|
-
|
-
|
-
Studio
-
|
-
-
|
Franklin Wollmann
Duffy Realty
|
Building Info
- 3 Units for Sale
About North Miami
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$6,700 /mo
- 1 Bed
- 2 Baths
- 1,081 ft²
$2,200 /mo
- 1 Bed
- 1 Bath
- 883 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017