Built-Out Dental Medical
1101 SW 8th Street #211&212, Miami, FL 33130
For Sale
Contact for pricing
Four equipped operatories support an established dental practice layout.
Property Size13,000 SF
Price / SF$0.40
Days on Market11
Property Features for 1101 SW 8th Street #211&212
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Building Details
Year Built
Listing Agency:
AG Real Estate Advisors, LLC
(305) 374-2092
Listed By:
Maria E Bottas · License FL #3140898
(305) 305-1280
Source:
Lehmannflorida
Added: Oct 31
Changed: Nov 8
Last Checked: Nov 8 at 6:12AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of AG Real Estate Advisors, LLC
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Investment Insights
Based on property information with market context.
This 1,200-square-foot dental office occupies suites 211–212 on the second floor. Its plan separates the reception and waiting area from the clinical rooms, with four operatories fitted with dental chairs, cabinetry, and sinks. A private dentist’s office, two restrooms, and a compact laboratory/work area are also included. The air-conditioning system was replaced three years ago.
The space faces Calle Ocho along SW 8th Street and has extensive glass frontage. Water is included in the rent; electricity is separately metered and paid by the tenant. The dental practice is offered for sale, while the office premises are available for lease.
The space faces Calle Ocho along SW 8th Street and has extensive glass frontage. Water is included in the rent; electricity is separately metered and paid by the tenant. The dental practice is offered for sale, while the office premises are available for lease.
Key Highlights
- 1,200 SF across suites 211–212 on the second floor
- Four operatories equipped with dental chairs, cabinetry, and sinks
- Includes a private dentist’s office, two restrooms, and a laboratory/work area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$215,280
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,305,600
$4.3M
Cap Rate 7%
$3,075,429
$3.1M
Cap Rate 9%
$2,392,000
$2.4M
Market Conditions
NOI Build-Up for 13,000 SF
Gross rent
$390.0K $30.00/SF
− Vacancy
−$31.2K −$2.40/SF
EGI
$358.8K $27.60/SF
− OpEx
−$143.5K −$11.04/SF
NOI
$215.3K $16.56/SF
Area
Miami, FL
Vacancy
8.00%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,305,600
Cap Rate 7%
$3,075,429
Cap Rate 9%
$2,392,000
Alternative Uses
Best Use
Office B
$5.33M
$4.66M – $6.22M
NOI $372,938 @ 7.0% cap
Second Best
Healthcare Medical
$3.08M
$2.69M – $3.59M
NOI $215,280 @ 7.0% cap
Theoretical Best
Specialty Retail
$8.78M
$7.68M – $10.24M
NOI $614,256 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
3,291
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
Demographics for 33130, FL
35,609
Population
20,377
Households
1.7
Avg Household Size
36
Median Age
42%
College-Educated
81%
High-School Grad
1.1 sq mi
ZIP Area
32,372
Density / Sq Mi
$57,933
Median Household Income
$36,888
Median Earnings
$1,656
Median Rent
$479,800
Median Home Value
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Market
Average Price Trend$/SF for Medical Office Space in Miami, FL
Properties on Market for Medical Office Space in Miami
Vacancy Rate% for Office in Miami, FL
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Four equipped operatories support an established dental practice layout.
Where is this medical office space located?
The property is located at 1101 SW 8th Street #211&212 Miami, FL.
What are key features of this property?
This property features: 1,200 SF across suites 211–212 on the second floor; Four operatories equipped with dental chairs, cabinetry, and sinks; Includes a private dentist’s office, two restrooms, and a laboratory/work area
