Medical Office Complex with
3288 NW 36th St Miami, FL 33142
3288 NW 36th St, Miami, FL, 33142
$1,900,000
For Sale
$1,900,000
SINGLE_FAMILY - Miami, FL
Property Size6,088 SF
Lot Size0.47 Acres
Price / SF$312.09
Days on Market36
Property Features for 3288 NW 36th St
General Information
- Property type
- Residential
- Property subtype
- Office
- Standard status
- Active
- APN
- 01-31-28-013-0800
- Lot size
- 0.47 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- MELROSE HGTS 4TH SEC PB 17-21 LOT 10 BLK 45 LOT SIZE 50.000 X 135 OR 20970-0844 1202 1
- Tax Annual Amount
- 12471
Utilities
- Water source
- Public
Building Details
- Year built
- 1950
Listing Agency
Douglas Elliman
(305) 677-5000
5555 Biscayne Blvd Ste 302, Palm Beach, FL
Listed by
Brian Carter PA · License #3022095
(305) 582-2424
Added: Jun 16 Updated: Jun 30 at 8:32 pm Checked: Jul 21 at 3:06 am
MLS# A11866198
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.
Investment Insights
Based on property information with market context.
This offering includes two adjacent office buildings totaling 6,088 SF, currently used as medical and rehabilitation centers and also suited for conversion to standard office. The assemblage is laid out to support clinical and treatment workflows, including an examination area, x-ray space, office rooms, and treatment rooms, as well as a dedicated rehabilitation center configuration.
The property sits on 0.4672 acres and includes paved parking for the office buildings. The fronting is described as NW 35th St, with additional paved parking located on NE 36th St. A 2/1 house in the rear is zoned RU-3/duplex under Miami-Dade County, while the main land area is described as zoned T6-8-O.
For buyers and operators, the mix of functional medical/rehab space and general office flexibility can support healthcare-adjacent tenants or professional services. The rear 2/1 and the described development capacity for the main land provide options for an as-is hold or redevelopment that may accommodate office, retail, apartments, or other uses, subject to applicable approvals.
The property sits on 0.4672 acres and includes paved parking for the office buildings. The fronting is described as NW 35th St, with additional paved parking located on NE 36th St. A 2/1 house in the rear is zoned RU-3/duplex under Miami-Dade County, while the main land area is described as zoned T6-8-O.
For buyers and operators, the mix of functional medical/rehab space and general office flexibility can support healthcare-adjacent tenants or professional services. The rear 2/1 and the described development capacity for the main land provide options for an as-is hold or redevelopment that may accommodate office, retail, apartments, or other uses, subject to applicable approvals.
Key Highlights
- 2 adjacent office buildings totaling 6,088 SF, currently used for medical and rehab centers (may be used as standard office).
- Floor plans include exam, x‑ray, office, and treatment rooms, plus a rehabilitation center layout.
- Additional 2/1 house in back fronting NW 35th St; 1/2 the lot is paved parking for the offices on NE 36th St.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $274.0k | $45.00 |
| − Vacancy | −$41.1k | −$6.75 |
| EGI | $232.9k | $38.25 |
| − OpEx | −$58.2k | −$9.56 |
| NOI | $174.6k | $28.69 |
6,088 SF · lease $45.00/SF/yr · vacancy 15.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$2.49M
$2.18M – $2.91M
NOI $174,650 @ 7.0% cap · market cap 9.19%
Second Best
Healthcare Medical
$1.44M
$1.26M – $1.68M
NOI $100,817 @ 7.0% cap · market cap 5.31%
Theoretical Best
Specialty Retail
$4.11M
$3.60M – $4.79M
NOI $287,661 @ 7.0% cap · market cap 15.14%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
therapy network solution
Medical Clinic
Similar For Sale Nearby
FAQs
What type of property is this?
Office building - Two adjacent office buildings plus a back 2/1 home offer flexible medical, rehab, or general office uses.
Where is this office building located?
The property is located at 3288 NW 36th St Miami, FL.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: 2 adjacent office buildings totaling 6,088 SF, currently used for medical and rehab centers (may be used as standard office).; Floor plans include exam, x‑ray, office, and treatment rooms, plus a rehabilitation center layout.; Additional 2/1 house in back fronting NW 35th St; 1/2 the lot is paved parking for the offices on NE 36th St.
