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

    20803 Biscayne Boulevard Aventura, FL 33180

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    2,737 SF medical office near Aventura Hospital and Aventura Mall.

    Type:Office
    Property size:
    235,123 SF
    Added:
    Nov 22, 2025
    Days on Market:
    136
    Last Refresh:
    Apr 5 at 10:40 pm

    Property Features for 20803 Biscayne Boulevard

    General Information

    Standard status
    Active
    Size
    235,123 SF
    Property subtype
    Office

    Building Details

    Year Built
    1986

    Properties For Sale

    at 20803 Biscayne Boulevard Contact us

    We can help!

    Listing Contact
    Craig Merlin
    Craig Merlin

    Listing agent Craig Merlin License #3456212

    Listing office NAI Miami - Corporate

    Listing date Nov 22, 2025

    Source Naiglobal

    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 NAI Miami - Corporate

    Overview

    Aventura Medical Office Space Available

    This is a 2,737 square foot fully built-out medical office space featuring multiple private offices, a medical laboratory, and two full restrooms. The layout includes a reception and waiting area. The property is located half a mile from Aventura Hospital and offers excellent covered parking with guest parking available. It is in close proximity to US-1 and I-95, right near Aventura Mall and restaurants. The lease expires August 15, 2027.
    Location Intelligence

    Current Use by Public Records

    Medical Office Space

    Suggested Use

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

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

    Similar Places Nearby

    • Amor Animal Hospital — 20305 Biscayne Blvd, Aventura, FL 33180
    • Banfield Pet Hospital — 21095 Biscayne Blvd, Aventura, FL 33180

    Location Insight

    • Map
    • Local Demand
    City
    Aventura
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.1449
    Latitude
    25.9681

    Nearby Similar for Sale

    • $349,900

      Aventura Office Near Brightline Station

      Professional office space in Aventura, near Brightline, ideal for services.
      19790 W Dixie Hwy, Aventura, FL 33180
      View Details
    • $334,900

      Aventura Office Near Brightline Station

      Professional office space near Brightline, ideal for various services.
      19790 W Dixie Hwy, Aventura, FL 33180
      View Details
    • $720,000

      Aventura Office Space Available

      Upgraded office space in Aventura Executive Center.
      20900 NE 30th Ave, Aventura, FL 33180
      View Details
    • $595,000

      Aventura Waterways Marina Boat Slip

      Rare 90-foot boat slip with Intracoastal access in Aventura, Florida.
      3601 NE 207th St, Slip E60, Aventura, FL 33180
      View Details
    • $475,000

      Aventura Floating Dock Boat Slip

      Deeded 60-foot boat slip in Mystic Pointe Marina.
      3575 Mystic Pointe Dr. Slip 99, Aventura, FL 33180
      View Details
    • $1,500,000

      Aventura Office Condominium For Sale

      Prime 1,481 sq ft office space in Aventura, Florida.
      2920 NE 207th St, Aventura, FL 33180
      View Details
    • $650,000

      Prime Boat Slip in Aventura

      90' x 22' boat slip in secure Aventura marina.
      3601 NE 207th St, Aventura, FL 33180
      View Details
    • $269,000

      Aventura Boat Slip For Sale

      50 FT boat slip with Intracoastal and ocean access.
      3575 Mystic Pointe Dr, Slip 37, Aventura, FL 33180
      View Details
    • $1,095

      Aventura Marina Boat Slip Rental

      42-foot boat slip in secured Aventura Marina.
      3375 N Country Club Dr, Slip 2, Aventura, FL 33180
      View Details
    • $1,095

      Aventura Marina Boat Slip

      43 Ft. boat slip in secured Aventura Marina.
      3375 N Country Club Dr Slip 5, Aventura, FL 33180
      View Details
    • $600,000

      Artech Residences Dock Space

      120-foot dock space for sale within Artech Residences.
      2950 NE 188th St, Aventura, FL 33180
      View Details
    • $2,074,000
      5,720 SF

      Aventura Health District Retail Space

      Retail spaces available in Aventura Health District near hospital.
      2820 NE 214th St 5, Aventura, FL 33180
      View Details

    FAQs

    What type of property is this?
    Medical Office Space - 2,737 SF medical office near Aventura Hospital and Aventura Mall.
    Where is this medical office space located?
    The property is located at 20803 Biscayne Boulevard Aventura, FL.
    What is the asking price?
    The asking price for this property is Off market.
    What are key features of this property?
    This property features: Fully built out **2,737 SF medical office space**; Half a mile from Aventura Hospital; Includes a **medical laboratory** and two full restrooms
    (786) 697-6277
    We can help!
    Listing Contact
    Craig Merlin
    Craig Merlin
    Real Estate License ID: 3456212
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!