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Pre-Construction Medical Office Space
For Sale
$589,900

21291 NE 28th Avenue #713, Aventura, FL 33180

Planned medical office space with full-height windows and assigned covered parking.

Property Size636 SF
Days on Market97

Property Features for 21291 NE 28th Avenue #713

General Information

Standard status Active
Size 636 SF
Class Class A
Total Parking Spaces 1

Taxes and HOA fees

Annual Taxes $6,900

Amenities

floor-to-ceiling windows

Building Details

Building Size 636 SF
Stories 7
Listing Agency: Fortune Christie's International Real Estate
Listed By: Cesar Youkhadar · License #3123913
Source: Laerrealty
Added: Aug 1 Changed: Nov 5 Last Checked: Nov 4 at 10:21AM

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 Fortune Christie's International Real Estate

Rey
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Investment Insights

Based on property information with market context.

This pre-construction medical office property is planned with floor-to-ceiling windows and assigned covered parking. The stated square footage will include the Common Area Factor (CAF), providing a consistent basis for evaluating the planned space. Estimated completion is scheduled for Q1 2029.

The property is located at 21291 NE 28th Avenue, #713, in Aventura’s Medical District, steps from Aventura Hospital. Aventura Mall and Gulfstream Park are also identified as nearby destinations.

Key Highlights

  • Pre‑construction medical office space with estimated completion in Q1 2029
  • Floor‑to‑ceiling windows planned throughout the property
  • Assigned covered parking included

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$16,857
Cap Rate
2.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$337,140 $337.1K
Cap Rate 7%
$240,814 $240.8K
Cap Rate 9%
$187,300 $187.3K
Market Conditions
NOI Build-Up for 636 SF
Gross rent
$29.0K $45.60/SF
− Vacancy
−$6.5K −$10.26/SF
EGI
$22.5K $35.34/SF
− OpEx
−$5.6K −$8.84/SF
NOI
$16.9K $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%
$337,140
Cap Rate 7%
$240,814
Cap Rate 9%
$187,300

Alternative Uses

Best Use
Office B
$240.8K
$210.7K – $281.0K (±1% cap)
NOI $16,857 @ 7.0% cap · market cap 2.86%
Second Best
Healthcare Medical
$119.7K
$104.8K – $139.7K (±1% cap)
NOI $8,380 @ 7.0% cap · market cap 1.42%
Theoretical Best
Office A
$322.7K
$282.3K – $376.5K (±1% cap)
NOI $22,587 @ 7.0% cap · market cap 3.83%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Medical Office Space

Suggested Use

Top Pick Auto Parts Store Storage Facility Auto Repair Shop Electrical Service Garden Center Grocery & Convenience Store

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

Location Intelligence

Trade Area within ½ mile

308
Businesses Nearby
Under-served
Demand for This Use

Demographics for 33180, FL

35,062
Population
21,112
Households
1.7
Avg Household Size
45
Median Age
55%
College-Educated
95%
High-School Grad
3.3 sq mi
ZIP Area
10,625
Density / Sq Mi
$88,613
Median Household Income
$51,612
Median Earnings
$2,480
Median Rent
$471,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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

Similar Off Market Nearby

  • VET Pharmaceuticals — 7429 Riviera Blvd, Miramar, FL 33023

Frequently Asked Questions

What type of property is this?
Medical Office Space - Planned medical office space with full-height windows and assigned covered parking.
Where is this medical office space located?
The property is located at 21291 NE 28th Avenue #713 Aventura, FL.
What is the asking price?
The asking price for this property is $589,900.
What are key features of this property?
This property features: Pre‑construction medical office space with estimated completion in Q1 2029; Floor‑to‑ceiling windows planned throughout the property; Assigned covered parking included
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