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1200 Brickell Ave
Miami, FL 33131

$2,900,000 USD

Office Residential Condo For Sale  •  5,434 SF

Property Details

  • Property Type Office Residential
  • Total Building Size 250,000 SF
  • Lot Size 2.06 AC
  • Building Class A
  • Year Built 2008
  • Tenancy Multiple
  • Zoning T6-48A-O
92 Transit Score
99 Walk Score

1 Unit Available

Name Condo Use Size Price Details
3rd Floor - Unit 300 Office 5,434 SF $2,900,000 USD
  • Unit Size: 5,434 SF
  • Condo Use: Office
  • Price: $2,900,000 USD
  • Sale Type: Investment
  • Price/SF: $533.68 USD
Sale Notes
AG Commercial Real Estate Advisors is pleased to offer the opportunity to acquire this trophy location office condominium leased to Babson College, one of the most prominent education institutions in the US. This property is centrally located right in the heart of the 10th largest metropolitan area in the United States with a GDP of S409.4 billion as of 2022.

Babson has been operating this campus under a full service lease with favorable 3% increases per year since 2018. They recently exercised a ten (10) year lease extension showing full commitment to the site.

Babson College is one of nations most prestigious higher
education institution.
• Offers MBA programs.
• Long Term Tenancy Since 2108.
• Just Began First year of a ten (10) year lease renewal.
• Rare 3% Increases Per Year.
• Approximately 10% Below Market Rate.

Description 

1200 Brickell is one of Miami’s finest office-condo in the heart of Miami’s Financial District, offering a unique opportunity
to lease or own prime commercial real estate in one of the world’s most important cities. The 20-story office building,
235,432 RSF has a luxury lobby, an open landscape plaza and sweeping semi-circular drop-off driveway for visitor’s convenience.

Strategically located on the best and most exposed corner of Brickell Avenue (Coral Way and Brickell Avenue), surrounded
by a mecca of international commerce complemented by the charm and convenience of Mary Brickell Village and next to
Miami’s finest hotels and restaurants. Easy access through South Miami Avenue, Brickell Avenue, Coral Way and to major
highways such as I-95 and just minutes away from Miami International Airport and Port of Miami.

Amenities

  • 24 Hour Access
  • Banking
  • Bus Line
  • Controlled Access
  • Metro/Subway
  • Property Manager on Site
  • Security System
  • High Ceilings
  • Natural Light
  • Partitioned Offices
  • Air Conditioning

Public Transportation

Commuter RailDriveWalkDistance
Brickell (Metrorail) (Metrorail Green Line - Miami-Dade Transit (Metrorail/Metromover)) 1 min 6 min 0.3 mi
Government Center (Metromover Brickell Loop - Miami-Dade Transit (Metrorail/Metromover), Metromover Downtown Loop - Miami-Dade Transit (Metrorail/Metromover), Metromover Omni Loop - Miami-Dade Transit (Metrorail/Metromover), Metrorail Green Line - Miami-Dade Transit (Metrorail/Metromover)) 4 min - 1.4 mi
Transit/SubwayDriveWalkDistance
Financial District (Metromover Brickell Loop - Miami-Dade Transit (Metrorail/Metromover)) 0 min 2 min 0.1 mi
Tenth Street/Promenade (Metromover Brickell Loop - Miami-Dade Transit (Metrorail/Metromover)) 0 min 3 min 0.2 mi
Brickell (Metromover) (Metromover Brickell Loop - Miami-Dade Transit (Metrorail/Metromover)) 1 min 4 min 0.2 mi
Eighth Street (Metromover Brickell Loop - Miami-Dade Transit (Metrorail/Metromover)) 1 min 7 min 0.4 mi
Fifth Street (Metromover Brickell Loop - Miami-Dade Transit (Metrorail/Metromover)) 2 min 11 min 0.6 mi
AirportDriveWalkDistance
Miami International 24 min - 12.8 mi
Fort Lauderdale/Hollywood International 35 min - 24.6 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 18
Type: Surface
Included in Rent: Yes
Carlos Chavarro 786-218-8964 AG Real Estate Advisors, LLC
Carlos Chavarro 786-218-8964 AG Real Estate Advisors, LLC