Medical Office Condo
For Sale
Contact for pricing
Pending
2101 SW 101st Ave # 203 #6-203, Miramar, FL 33025
Professional office condo with reception, private office, and private bathroom within Mirabella Plaza.
Property Size600 SF
Days on Market124
Property Features for 2101 SW 101st Ave # 203 #6-203
General Information
Standard status
Pending
Size
600 SF
Property subtype
Office
Zoning
TND
Additional Details
Highway Access
Yes
Building Details
Year Built
2017
Listing Agency:
Brokers, LLC
Listed By:
Claudia Serna · License #3015838
(954) 993-1616
Source:
Crexi
Added: Jun 19
Changed: Oct 9
Last Checked: Oct 19 at 7:10AM
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 Brokers, LLC
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Investment Insights
Based on property information with market context.
This for-sale office condo suite in Mirabella Plaza is built for professional use, with approximately 577 SF of interior space that includes a reception area, a private office, and a bathroom. The property was constructed in 2017 and is currently tenant occupied, offering continuity for an investor or the option for an owner-occupant to take over in the future.
The suite is located near I-75 and Miramar Parkway, within a commercial plaza setting. The building provides ample parking and is described as having low operating costs, which can be helpful for day-to-day occupancy.
Designed to support a range of professional services, the configuration is well suited for medical, wellness, beauty, accounting, legal, and other professional uses. Because the unit is already tenant occupied, it may appeal to investors seeking immediate income, while also serving as a practical alternative for buyers looking to move into a compact, functional office layout in a centrally positioned plaza.
The suite is located near I-75 and Miramar Parkway, within a commercial plaza setting. The building provides ample parking and is described as having low operating costs, which can be helpful for day-to-day occupancy.
Designed to support a range of professional services, the configuration is well suited for medical, wellness, beauty, accounting, legal, and other professional uses. Because the unit is already tenant occupied, it may appeal to investors seeking immediate income, while also serving as a practical alternative for buyers looking to move into a compact, functional office layout in a centrally positioned plaza.
Key Highlights
- Professional office condo in Mirabella Plaza built in 2017
- 577 SF unit with reception area, private office, and private bathroom
- Currently tenant occupied, providing immediate income for investors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$9,185
Cap Rate
3.29%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$183,700
$183.7K
Cap Rate 7%
$131,214
$131.2K
Cap Rate 9%
$102,056
$102.1K
Market Conditions
NOI Build-Up for 600 SF
Gross rent
$16.2K $27.00/SF
− Vacancy
−$891 −$1.49/SF
EGI
$15.3K $25.51/SF
− OpEx
−$6.1K −$10.21/SF
NOI
$9.2K $15.31/SF
Area
Miramar, FL
Vacancy
5.50%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$183,700
Cap Rate 7%
$131,214
Cap Rate 9%
$102,056
Alternative Uses
Best Use
Healthcare Medical
$131.2K
$114.8K – $153.1K
NOI $9,185 @ 7.0% cap · market cap 3.29%
Second Best
Office B
$96.2K
$84.1K – $112.2K
NOI $6,731 @ 7.0% cap · market cap 2.41%
Theoretical Best
Specialty Retail
$279.2K
$244.3K – $325.8K
NOI $19,546 @ 7.0% cap · market cap 7.01%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
619
Businesses Nearby
Explore this area
Business Placement
Demographics for 33025, FL
75,455
Population
30,260
Households
2.5
Avg Household Size
36
Median Age
30%
College-Educated
93%
High-School Grad
10.6 sq mi
ZIP Area
7,118
Density / Sq Mi
$68,120
Median Household Income
$41,231
Median Earnings
$1,945
Median Rent
$339,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Professional office condo with reception, private office, and private bathroom within Mirabella Plaza.
Where is this office unit located?
The property is located at 2101 SW 101st Ave # 203 #6-203 Miramar, FL.
What is the asking price?
The asking price for this property is $279,000.
What are key features of this property?
This property features: Professional office condo in Mirabella Plaza built in 2017; 577 SF unit with reception area, private office, and private bathroom; Currently tenant occupied, providing immediate income for investors
