Fully Operational Physical Therapy
For Sale
$295,500
11430 SW 88th St, Miami, FL 33176
Remodeled medical office condo with lobby, front desk, offices, and open server/filing space, plus free parking.
Property Size945 SF
Price / SF$312.70
Days on Market93
Property Features for 11430 SW 88th St
General Information
Standard status
Active
Size
945 SF
Property subtype
Business Opportunity
Additional Details
Business Included
Yes
Listing Agency:
United Real Estate Miami
Listed By:
Andres Diaz · License #3094694
(786) 246-6700
Source:
Thepennteam
Added: Jul 22
Changed: Oct 9
Last Checked: Oct 7 at 1:04PM
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 United Real Estate Miami
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This fully operational physical therapy business opportunity is located in a medical office condo. The suite is approximately 945 square feet and is arranged with a lobby, front desk area, two closed offices, and an open server/filing room. The property is described as fully remodeled and well maintained.
The suite includes free parking spaces and is positioned in North Kendall, Miami. It is presented for purchase as an owner-user or investment opportunity for the ongoing practice.
The space is built to support day-to-day administrative and clinical operations, with a defined entry and reception area, private offices, and additional open work/storage space for servers and filing.
The suite includes free parking spaces and is positioned in North Kendall, Miami. It is presented for purchase as an owner-user or investment opportunity for the ongoing practice.
The space is built to support day-to-day administrative and clinical operations, with a defined entry and reception area, private offices, and additional open work/storage space for servers and filing.
Key Highlights
- Fully operational physical therapy business available for sale
- Remodeled medical office condo suite totaling 945 SF
- Suite layout includes lobby, front desk area, 2 closed offices, and open server/filing room
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,110
Cap Rate
9.17%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$542,200
$542.2K
Cap Rate 7%
$387,286
$387.3K
Cap Rate 9%
$301,222
$301.2K
Market Conditions
NOI Build-Up for 945 SF
Gross rent
$42.5K $45.00/SF
− Vacancy
−$6.4K −$6.75/SF
EGI
$36.1K $38.25/SF
− OpEx
−$9.0K −$9.56/SF
NOI
$27.1K $28.69/SF
Area
Miami, FL
Vacancy
15.00%
Lease Rate
$45.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$542,200
Cap Rate 7%
$387,286
Cap Rate 9%
$301,222
Alternative Uses
Best Use
Office B
$387.3K
$338.9K – $451.8K
NOI $27,110 @ 7.0% cap · market cap 9.17%
Second Best
Healthcare Medical
$223.6K
$195.6K – $260.8K
NOI $15,649 @ 7.0% cap · market cap 5.30%
Theoretical Best
Specialty Retail
$637.9K
$558.2K – $744.2K
NOI $44,652 @ 7.0% cap · market cap 15.11%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
2,306
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 33176, FL
52,370
Population
20,309
Households
2.6
Avg Household Size
44
Median Age
43%
College-Educated
91%
High-School Grad
12.1 sq mi
ZIP Area
4,328
Density / Sq Mi
$80,437
Median Household Income
$45,040
Median Earnings
$1,666
Median Rent
$568,400
Median Home Value
Market
Vacancy Rate% for Office in Miami, FL
Similar Off Market Nearby
- Veterinary Medical Center — 11774 SW 88th St, Miami, FL 33186
- Veterinary Associates of South Florida — 11774 SW 88th St, Miami, FL 33186
- Crossroads Animal Hospital — 11622 N Kendall Dr, Miami, FL 33176
- Pou Veterinary Group — 11549 N Kendall Dr, Miami, FL 33176
- Colker Deborah A DVM — 10521 N Kendall Dr # E101, Miami, FL 33176, United States
Frequently Asked Questions
What type of property is this?
Medical Office Space - Remodeled medical office condo with lobby, front desk, offices, and open server/filing space, plus free parking.
Where is this medical office space located?
The property is located at 11430 SW 88th St Miami, FL.
What is the asking price?
The asking price for this property is $295,500.
What are key features of this property?
This property features: Fully operational physical therapy business available for sale; Remodeled medical office condo suite totaling 945 SF; Suite layout includes lobby, front desk area, 2 closed offices, and open server/filing room
