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Medical Office Sublet Space
For Lease
$39 SF/Yr

203204205-860 Nw 42nd Ave, Miami, FL 33055

Almost brand-new medical space offers flexible layout as three private units or one full suite, with equipment included.

Space SizeContact for details
Days on Market155

Property Features for 203204205-860 Nw 42nd Ave

General Information

Standard status Active
Listing Agency: douglas elliman
Listed By: Domingos Carlos · License #3096057
Source: Exprealty
Added: Apr 3 Changed: Aug 20 Last Checked: Sep 4 at 12:19PM

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 douglas elliman

Investment Insights

Based on property information with market context.

Sublet opportunity for medical office space available for immediate occupancy. The space is described as almost brand new and totals 8,376 SF, with a layout that can be configured as three separate private units or as one full unit. The units are offered with pre-equipped furniture and equipment included, supporting an efficient move-in for qualified medical operators.

The property is located a few minutes from Miami International Airport, with hotels also close by to support visiting patients and related hospitality needs.

The flexible configuration and inclusion of equipment and furnishings make it suitable for medical uses that benefit from private, demised offices within a single space arrangement.

Key Highlights

  • 8376 SF medical space available for immediate occupancy
  • Flexible layout: can be split into 3 different private units or used as one full unit
  • Pre‑equipped with lots of equipment and furniture included

Property Analytics

Current Use

Medical Office Space

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Restaurant Spa & Massage Center Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$5.85 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

379
Businesses Nearby
Under-served
Demand for This Use

Demographics for 33055, FL

42,950
Population
12,112
Households
3.5
Avg Household Size
42
Median Age
16%
College-Educated
76%
High-School Grad
6.0 sq mi
ZIP Area
7,158
Density / Sq Mi
$59,728
Median Household Income
$36,177
Median Earnings
$1,624
Median Rent
$341,800
Median Home Value

Market

Lease Benchmarks for Miami, FL

$35.6 /SF/Yr
Avg Asking Price
$1.2–$75 /SF/Yr
Price Range
10,634 SF
Avg Space Size

This space is priced 10% above the average of $35.6 /SF/Yr.

Vacancy Rate% for Office in Miami, FL

12.4% 2019
16.3% 2020
17% 2021
16.1% 2022
15% 2023
16.1% 2024
15.2% 2025
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Almost brand-new medical space offers flexible layout as three private units or one full suite, with equipment included.
Where is this medical office space located?
The property is located at 203204205-860 Nw 42nd Ave Miami, FL.
What is the lease rate?
The lease rate is $39 SF/Yr.
What are key features of this property?
This property features: 8376 SF medical space available for immediate occupancy; Flexible layout: can be split into 3 different private units or used as one full unit; Pre‑equipped with lots of equipment and furniture included
More about this property
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