Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    6262 Sunset Dr South Miami, FL 33143

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    $45 SF/Yr

    Medical office space for lease near South Miami Hospital.

    Property size:
    43,882 SF
    Lot size:
    43,882 SF

    Property Features for 6262 Sunset Dr

    General Information

    Size
    43,882 SF

    We can help!

    Listing Contact
    Christopher Dubberly
    Christopher Dubberly
    Source: Cbre

    Listing Agency: CBRE Fort Lauderdale Listing Agent: Christopher Dubberly

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Medical Office Near South Miami

    Located on Sunset Drive, this property is situated near the South Miami Hospital Campus and within walking distance of the Metrorail. The building features an integrated parking garage with parking available on every floor. The elevator system and lobby are currently undergoing full renovation. The property benefits from a prominent corner location, making it easy for patients to find. High profile signage opportunities are available.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Isalis (Bike/Boat/Book/etc) Store Party City Party Supply Store Skunk Funk Big Box & Wholesale Store Carl's Trading Co Hat Shop Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store

    Suggested Use

    Restaurant Real Estate Agency Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Pharmacy

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

    Similar Places Nearby

    Ludlam Dixie Animal Clinic, Banfield Pet Hospital, Miami Veterinary Internists, Calicchio Kristina DVM, Pet 911 Clinics

    Location Insight

    • Map
    • Local Demand
    City
    South Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.2982
    Latitude
    25.7024

    Nearby Similar for Lease

    • $1,800 /Mo

      Professional Office Space in Miami

      Well-maintained office space near hospital, restaurants, and transportation.
      7325 SW 63Rd Ave, South Miami, FL 33143
      View Details
    • $1,200 /Mo

      Professional Office Space in South Miami

      Professional office spaces for rent in South Miami location.
      6701 Sunset Dr, South Miami, FL 33143
      View Details
    • $57 SF/Yr
      1,853 SF

      South Miami Office Space Available

      Office space for lease in South Miami with parking.
      5975 Sunset Dr, South Miami, FL
      View Details
    • $40 SF/Yr
      1,200 SF

      Retail Space on Sunset Drive

      Retail space available for lease in South Miami, Florida.
      5806-5844 Sunset Dr, South Miami, FL
      View Details
    • $43 SF/Yr
      7,277 SF

      South Miami Medical Office Space

      Medical office space for lease near South Miami Hospital.
      6262 Sunset Dr, South Miami, FL
      View Details
    • Contact for pricing
      806 SF

      Retail Space on Sunset Drive

      806 SF retail space in South Miami available for lease.
      5760 Sunset Dr, South Miami, FL
      View Details
    • Contact for pricing
      1,600 SF

      Retail Space Near University of Miami

      Retail space available in high-income area near University of Miami.
      6600 SW 57Th Dr, South Miami, FL 33143
      View Details
    • $3,995 /Mo

      Furnished Rental Near University of Miami

      Furnished rental near UM, hospitals, shopping, and transportation.
      4201 SW 60Th St, South Miami, FL 33155
      View Details
    • Contact for pricing
      1,413 SF

      Retail Center Space Available

      Newly developed retail center with space for lease along US1.
      6144 S Dixie Hwy, South Miami, FL
      View Details
    • Contact for pricing
      4,715 SF

      Retail Space in South Miami

      Retail space in a high-visibility South Miami shopping center.
      6200-6272 S Dixie Hwy, South Miami, FL
      View Details
    • $150 SF/Yr
      200 SF

      High-End Medical Spa Suites

      Prime Medical Office Space Available
      7245 57 Ct, South Miami, FL 33143
      View Details
    • $1.45 SF/Yr
      20,614 SF

      South Miami Medical Office Suite

      Prime Medical Office Space Available
      7245 57 Ct, South Miami, FL 33143
      View Details

    FAQs

    What type of property is this?
    Medical Office Space - Medical office space for lease near South Miami Hospital.
    Where is this medical office space located?
    The property is located at 6262 Sunset Dr South Miami, FL.
    What is the lease rate?
    The lease rate is $45 SF/Yr.
    What are key features of this property?
    This property features: - Prime location on Sunset Drive, near South Miami Hospital Campus and Metrorail.; - Integrated parking garage with parking on every floor.; - High-profile corner location, easy for patients to find.
    (954) 331-1777
    Request Owner's contact information
    6262 Sunset Dr South Miami, FL 33143
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    6262 Sunset Dr
    South Miami, FL 33143
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    6262 Sunset Dr South Miami, FL 33143
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Christopher Dubberly
    Christopher Dubberly
    Real Estate License ID: BK3390833FL
    (954) 331-1777 (561) 962-1365 (305) 374-1000
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!