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Medical/Aesthetic Office Space For Sale
For Sale
$480,000

1385 SW 22 203, Coral Gables, FL 33145

1,222 SF office space ideal for medical or aesthetic offices.

Property Size1,222 SF
Days on Market315

Property Features for 1385 SW 22 203

General Information

Standard status Active
Size 1,222 SF
Property subtype Commercial

Building Details

Building Size 1,222 SF
Listed By: Luis Valencia
Source: Elliman
Added: Nov 27, 2025 Changed: Oct 6 Last Checked: Oct 7 at 1:33PM

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 Luis Valencia

Investment Insights

Based on property information with market context.

This 1,222 square foot office space is divided into several spaces and features its own air conditioning tower and a bathroom. It is suitable for medical or aesthetic offices. The property includes three assigned parking spaces.

Key Highlights

  • Prime location
  • 1,222 SF divided into several spaces, ideal for medical, aesthetic, or various office types.
  • Dedicated A/C tower

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$32,389
Cap Rate
6.75%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$647,780 $647.8K
Cap Rate 7%
$462,700 $462.7K
Cap Rate 9%
$359,878 $359.9K
Market Conditions
NOI Build-Up for 1,222 SF
Gross rent
$55.7K $45.60/SF
− Vacancy
−$12.5K −$10.26/SF
EGI
$43.2K $35.34/SF
− OpEx
−$10.8K −$8.84/SF
NOI
$32.4K $26.51/SF
Area
Miami-Dade County, FL
Vacancy
22.50%
Lease Rate
$45.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$647,780
Cap Rate 7%
$462,700
Cap Rate 9%
$359,878

Alternative Uses

Best Use
Office B
$462.7K
$404.9K – $539.8K (±1% cap)
NOI $32,389 @ 7.0% cap · market cap 6.75%
Second Best
Healthcare Medical
$230.0K
$201.3K – $268.4K (±1% cap)
NOI $16,101 @ 7.0% cap · market cap 3.35%
Theoretical Best
Office A
$620.0K
$542.5K – $723.3K (±1% cap)
NOI $43,398 @ 7.0% cap · market cap 9.04%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Medical Office Space

Location Intelligence

Trade Area within ½ mile

2,360
Businesses Nearby
Under-served
Demand for This Use

Demographics for 33145, FL

29,737
Population
12,773
Households
2.3
Avg Household Size
44
Median Age
42%
College-Educated
85%
High-School Grad
2.5 sq mi
ZIP Area
11,895
Density / Sq Mi
$70,592
Median Household Income
$43,039
Median Earnings
$1,769
Median Rent
$560,300
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Medical Office Space - 1,222 SF office space ideal for medical or aesthetic offices.
Where is this medical office space located?
The property is located at 1385 SW 22 203 Coral Gables, FL.
What is the asking price?
The asking price for this property is $480,000.
What are key features of this property?
This property features: Prime location; 1,222 SF divided into several spaces, ideal for medical, aesthetic, or various office types.; Dedicated A/C tower
More about this property
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