Ground-Floor Medical Office
20731 NW 2nd Ave, Miami Gardens, FL 33169
For Sale
Contact for pricing
The 960-square-foot clinic layout includes reception, private exam rooms, and a dedicated lab area.
Property Size45,010 SF
Price / SF$0.07
Days on Market80
Property Features for 20731 NW 2nd Ave
General Information
Standard status
Size
Property subtype
Space & Availability
Floor
Condition
Site & Location
Neighborhood
Highway Access
Utilities to Site
Additional Details
Property Use
Building Details
Building Size
Year Built
Listing Agency:
The Keyes Company
Listed By:
Jaime Esquenazi · License #3212780
(305) 796-6743
Source:
Diannalantiguarealty
Added: Aug 20
Changed: Nov 7
Last Checked: Nov 7 at 5:25PM
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 The Keyes Company
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 960-square-foot medical office suite is arranged with a reception and waiting area, private exam or consultation rooms, and dedicated laboratory workspace. The ground-floor unit also has an ADA-compliant restroom, step-free entry, dedicated HVAC, LED lighting, separate utility metering, storefront glazing, and exterior facade signage. The building dates to 1983.
The property fronts the US-441 corridor and is minutes from the Golden Glades Interchange, which connects with I-95, the Turnpike, and the Palmetto Expressway (SR 826).
The property fronts the US-441 corridor and is minutes from the Golden Glades Interchange, which connects with I-95, the Turnpike, and the Palmetto Expressway (SR 826).
Key Highlights
- 960‑square‑foot medical suite with reception, waiting area, exam rooms, and lab workspace
- Ground‑floor layout with step‑free access and an ADA‑compliant private restroom
- Dedicated HVAC, LED lighting, and separate utility metering
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$655,922
Suggested Prices Based on Cap Rates
Cap Rate 5%
$13,118,440
$13.1M
Cap Rate 7%
$9,370,314
$9.4M
Cap Rate 9%
$7,288,022
$7.3M
Market Conditions
NOI Build-Up for 45,010 SF
Gross rent
$1.19M $26.40/SF
− Vacancy
−$95.1K −$2.11/SF
EGI
$1.09M $24.29/SF
− OpEx
−$437.3K −$9.72/SF
NOI
$655.9K $14.57/SF
Area
Miami Gardens, FL
Vacancy
8.00%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$13,118,440
Cap Rate 7%
$9,370,314
Cap Rate 9%
$7,288,022
Alternative Uses
Best Use
Office B
$9.75M
$8.54M – $11.38M
NOI $682,820 @ 7.0% cap · market cap 21,676.83%
Second Best
Healthcare Medical
$9.37M
$8.20M – $10.93M
NOI $655,922 @ 7.0% cap · market cap 20,822.92%
Theoretical Best
Office A
$13.40M
$11.73M – $15.63M
NOI $938,007 @ 7.0% cap · market cap 29,778.00%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
2,175
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 33169, FL
42,308
Population
14,815
Households
2.9
Avg Household Size
37
Median Age
22%
College-Educated
85%
High-School Grad
6.8 sq mi
ZIP Area
6,222
Density / Sq Mi
$59,686
Median Household Income
$34,327
Median Earnings
$1,536
Median Rent
$352,800
Median Home Value
Market
Average Price Trend$/SF for Medical Office Space in Miami-Dade County, FL
Properties on Market for Medical Office Space in Miami-Dade County
Vacancy Rate% for Office in South region
Similar Off Market Nearby
- Dee Larry G DVM — Miami, FL 33169
- Murphy Anne DVM — Miami, FL 33169
- Baldwin Robyn DVM — Miami, FL 33169
- Ezell Carla DVM — Miami, FL 33169
- Dee Jon F DVM — miami, fl 33169
Frequently Asked Questions
What type of property is this?
Medical Office Space - The 960-square-foot clinic layout includes reception, private exam rooms, and a dedicated lab area.
Where is this medical office space located?
The property is located at 20731 NW 2nd Ave Miami Gardens, FL.
What are key features of this property?
This property features: 960‑square‑foot medical suite with reception, waiting area, exam rooms, and lab workspace; Ground‑floor layout with step‑free access and an ADA‑compliant private restroom; Dedicated HVAC, LED lighting, and separate utility metering
