8966 Bird Rd Miami, FL 33165
Four-story building with retail, office, and parking. Seller financing.
- Added:
- Apr 24, 2026
- Days on Market:
- 81
- Last Refresh:
- Jul 2 at 12:28 pm
Property Features for 8966 Bird Rd
General Information
- Standard status
- Active
- Size
- 45,829 SF
- Property subtype
- Commercial
Listing office One Sotheby's International Realty (786) 301-2220
Listing date Apr 24, 2026
Source Elliman
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Investment Insights
Based on property information with market context.
Key Highlights
- Class "A" new construction building offering 45,829sqft of versatile space.
- Located on the Bird Rd Corridor just west of the Palmetto Expressway with 60k+ daily traffic count, ensuring maximum exposure.
- Includes a 24,127sqft parking area with a 43‑space garage, expandable to 80 spots with valet.
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 | $2.06M | $45.00 |
| − Vacancy | −$309.3k | −$6.75 |
| EGI | $1.75M | $38.25 |
| − OpEx | −$438.2k | −$9.56 |
| NOI | $1.31M | $28.69 |