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    The Largest CRE Database in the US with Over 1 Million Listings

    2482 SW Secoffee Ter Miami, FL 33133

    Sponsored
    For Lease
    $7,500 /Mo

    Office - Miami, FL

    Type:Office
    Property size:
    2,241 SF
    Days on Market:
    5
    Last Refresh:
    Jan 30 at 6:06 pm

    Property Features for 2482 SW Secoffee Ter

    General Information

    Property type
    Commercial Lease
    Property subtype
    Office
    Standard status
    Active
    Zoning
    4801
    APN
    01-41-15-008-2660
    Parking
    3
    Parking features
    On Street
    Size
    2,241 SF

    Building Details

    Year built
    1969
    Flooring type
    Tile, Tile - Ceramic
    Building materials
    Block
    Roof type
    Shingle
    Architectural style
    Other

    We can help!

    Listing Contact
    Leon Damjanovic

    Compass Florida LLC (305) 851-2820

    Listing agent Leon Damjanovic (305) 697-5402 License #3362326

    Listing date Jan 26, 2026

    MLS# A11953231 Listing URL

    Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Medical Office in Coconut Grove

    This is a rare opportunity to lease a fully built-out medical office located in the Alexander Medical Office Building in the heart of Coconut Grove. The suite offers approximately 2,241 square feet total, with 2,096 square feet of usable space. It is fully approved for medical use, allowing for immediate occupancy. The space features an efficient clinical layout that includes five exam rooms, three private offices, three bathrooms, reception and waiting areas, an X-ray room, and dedicated support spaces, all designed for smooth patient flow and day-to-day operations. The property is ideally positioned just west of US-1 (South Dixie Highway), providing excellent visibility and accessibility along a major north-south corridor with strong traffic exposure. It offers convenient access to Downtown Miami, Coral Gables, South Miami, and Coconut Grove. Surrounded by established residential neighborhoods and a strong medical presence, the location supports consistent patient demand. The turnkey condition in a highly sought-after medical corridor makes this an ideal opportunity for outpatient medical users seeking a well-located and efficient office space.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Clinica bajos recurdos animal, AWS Animal Hospital - Animal Welfare Society of South Florida, Vet Wellcare Vaccinations Clinic at Pet Supermarket, Grove Animal Hospital, Silver Bluff Animal Clinic

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.234642
    Latitude
    25.740439

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    FAQs

    What type of property is this?
    Medical office - Fully built-out medical office space in a prime location.
    Where is this medical office located?
    The property is located at 2482 SW Secoffee Ter Miami, FL.
    What are key features of this property?
    This property features: - Fully built-out and approved medical office space, ready for immediate occupancy.; - Prime location in Coconut Grove's medical corridor, ensuring strong patient demand.; - Efficient clinical layout with **5 exam rooms, 3 private offices**, and dedicated support spaces.
    (305) 697-5402
    Request Owner's contact information
    2482 SW Secoffee Ter Miami, FL 33133
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    Miami, FL 33133
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2482 SW Secoffee Ter Miami, FL 33133
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    We can help!
    Listing Contact
    Leon Damjanovic
    Real Estate License ID: 3362326
    (305) 697-5402
    Learn more
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