Four-Operatory Medical Office
1101 SW 8th St Unit 211&212, Miami, FL 33130
For Sale
Contact for pricing
Dental layout includes patient reception, a private office, two restrooms and a small laboratory area.
Property Size13,000 SF
Price / SF$4.33
Days on Market10
Property Features for 1101 SW 8th St Unit 211&212
General Information
Standard status
Size
Property subtype
Space & Availability
Floor
Condition
Furnished
Site & Location
Neighborhood
Utilities to Site
Additional Details
Business Included
Property Use
Medical Specialty
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Listing Agency:
AG Real Estate Advisors, LLC
Listed By:
Maria Bottas · License #3140898
(305) 305-1280
Source:
Luxeknows
Added: Oct 31
Changed: Nov 4
Last Checked: Nov 8 at 4:24PM
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.
The second-floor medical office suite has a dental configuration with four operatories, each equipped with a chair, cabinetry and a sink. The layout also includes a patient waiting area, receptionist station, private dentist’s office, two restrooms and a compact laboratory/work area. A door separates reception from the clinical space. The air-conditioning system was replaced three years ago.
The office has extensive glass frontage facing Calle Ocho. Water is included in the rent; electricity is separately metered and paid by the tenant. The dental practice is offered for sale, while the premises are available for lease.
The office has extensive glass frontage facing Calle Ocho. Water is included in the rent; electricity is separately metered and paid by the tenant. The dental practice is offered for sale, while the premises are available for lease.
Key Highlights
- Four dental operatories, each with a chair, cabinetry and sink
- Patient waiting area and receptionist station separated from the clinical space by a door
- Private dentist’s office, two restrooms and a laboratory/work area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,872
Suggested Prices Based on Cap Rates
Cap Rate 5%
$397,440
$397.4K
Cap Rate 7%
$283,886
$283.9K
Cap Rate 9%
$220,800
$220.8K
Market Conditions
NOI Build-Up for 1,200 SF
Gross rent
$36.0K $30.00/SF
− Vacancy
−$2.9K −$2.40/SF
EGI
$33.1K $27.60/SF
− OpEx
−$13.2K −$11.04/SF
NOI
$19.9K $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%
$397,440
Cap Rate 7%
$283,886
Cap Rate 9%
$220,800
Alternative Uses
Best Use
Office B
$491.8K
$430.3K – $573.8K
NOI $34,425 @ 7.0% cap · market cap 662.02%
Second Best
Healthcare Medical
$283.9K
$248.4K – $331.2K
NOI $19,872 @ 7.0% cap · market cap 382.15%
Theoretical Best
Specialty Retail
$810.0K
$708.8K – $945.0K
NOI $56,701 @ 7.0% cap · market cap 1,090.40%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
3,291
Businesses Nearby
Under-served
Demand for This Use
Explore this area
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
$479,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/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 - Dental layout includes patient reception, a private office, two restrooms and a small laboratory area.
Where is this medical office space located?
The property is located at 1101 SW 8th St Unit 211&212 Miami, FL.
What are key features of this property?
This property features: Four dental operatories, each with a chair, cabinetry and sink; Patient waiting area and receptionist station separated from the clinical space by a door; Private dentist’s office, two restrooms and a laboratory/work area
