Office condominiums exist in nearly every market in the US and are particularly prevalent in Europe and Asia. However, they have been a small niche in Aventura.

Significant Savings
The annual cost of office condominium ownership is less than the cost of leasing. Current market lease rates far exceed the annual office condominium carrying costs, including common charges, real estate taxes and if applicable, mortgage payments.

Attractive Financing Costs
There are a variety of financing options that make owning an office condominium more affordable for businesses and non-profit organizations. Interest rates remain very low, and borrowers can often find loans as high as 90% loan-to-value, including build-out costs.

Sale Tax
Owners are exempt from paying sale taxes when they own and occupy an office condominium, as opposite to tenants who must pay them in addition to their lease rate.

Permanent Upgrades
From office furniture to glass conference rooms, designing and building an office space involves significant capital. When a business cannot renew their lease, they lose their investment and have to expend further capital to move and improve elsewhere. By owning office space, a business can justify a higher-end build-out that increases their competitive edge and improves the value of their real estate.

Stabilized Occupancy Costs
Office condominium owners are insulated from the escalating and unpredictable costs of leasing office space. An office condominium owner’s occupancy costs remain stable and predictable, allowing for precise operating expense projections and easy budgeting, whereas tenants leasing office space are subject to the fluctuations of the leasing market and whims of landlords who may have conflicting objectives. 

Asset Appreciation
Historically office condominium property values have exceed inflationary indexes serving as a hedge for inflation.

Stable and Risk adjusted Returns

With the wild fluctuations in the financial market, many investors are looking for a safe place to diversify their investments. Investing in a condo-office brings stable cashflow thru long term leasing, capitalization through continuous growth of property value, predictable operating expenses and tax advantages

Flexible Lease terms
Owning an Office-Condo enable investors to cater more flexible lease term for its tenants. Flexible lease terms translates into direct savings per employee when compared with co-working offices and standard 7-10 year lease terms. 

Asset Appreciation
Historically office condominium property values have exceed inflationary indexes serving as a hedge for inflation.

Accelerated Depreciation
Ask your accountant about the accelerated depreciation benefits of owning an office-condo

The demand from buyers far outweighs the supply of available office condominiums. Typical buyers include attorneys, architects, marketing companies, small businesses, foreign companies and investors. Buyers will pay a significantly higher price to purchase an office condominium than what the building would sell for as a whole.