Medical Office with Treatment
New
For Sale
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2555 Collins Avenue #C4, Miami Beach, FL 33140
A shared, furnished suite offers reception and waiting areas within an oceanfront condominium.
Property Size906 SF
Price / SF$1.66
Days on Market5
Property Features for 2555 Collins Avenue #C4
General Information
Standard status
Active
Size
906 SF
Property subtype
Office
Space & Availability
Condition
Built-Out
Furnished
Yes
Site & Location
Neighborhood
Sunset Islands
Additional Details
Tenant in Place
Yes
Property Use
Medical Office
Medical Specialty
chiropractic
Amenities
concierge
valet parking
package receiving room
meeting rooms
convenience store
Building Details
Year Built
1982
Listing Agency:
Sasco Realty, Inc.
(305) 974-8507
Listed By:
Vivian L Sassi · License #0685912
(786) 859-3515
Source:
Lehmannflorida
Added: Oct 24
Changed: Oct 26
Last Checked: Oct 26 at 3:03PM
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 Sasco Realty, Inc.
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Investment Insights
Based on property information with market context.
This 906-square-foot shared medical office suite is arranged with an open reception area, a waiting space, and six treatment rooms. Built-in furniture and tile flooring are in place, and the suite is currently occupied by a chiropractor. A tenant may use two rooms daily or access all six rooms three times per week. The property was built in 1982.
The office is in an oceanfront condominium at 2555 Collins Avenue, between 1 Hotel and The Edition. Building services and amenities include concierge service, valet parking, package receiving, meeting rooms, and a convenience store. The beach and boardwalk provide a walking route to the office.
The office is in an oceanfront condominium at 2555 Collins Avenue, between 1 Hotel and The Edition. Building services and amenities include concierge service, valet parking, package receiving, meeting rooms, and a convenience store. The beach and boardwalk provide a walking route to the office.
Key Highlights
- 906‑square‑foot shared suite with reception, waiting area, and six treatment rooms
- Built‑in furniture and tile flooring; currently occupied by a chiropractor
- Use two rooms every day or all six rooms three times a week
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,937
Suggested Prices Based on Cap Rates
Cap Rate 5%
$238,740
$238.7K
Cap Rate 7%
$170,529
$170.5K
Cap Rate 9%
$132,633
$132.6K
Market Conditions
NOI Build-Up for 906 SF
Gross rent
$21.7K $24.00/SF
− Vacancy
−$1.8K −$2.04/SF
EGI
$19.9K $21.96/SF
− OpEx
−$8.0K −$8.78/SF
NOI
$11.9K $13.18/SF
Area
Miami-Dade County, FL
Vacancy
8.50%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$238,740
Cap Rate 7%
$170,529
Cap Rate 9%
$132,633
Alternative Uses
Best Use
Office B
$343.1K
$300.2K – $400.2K
NOI $24,014 @ 7.0% cap · market cap 1,600.93%
Second Best
Healthcare Medical
$170.5K
$149.2K – $199.0K
NOI $11,937 @ 7.0% cap · market cap 795.80%
Theoretical Best
Office A
$459.7K
$402.2K – $536.3K
NOI $32,176 @ 7.0% cap · market cap 2,145.07%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
1,388
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
Demographics for 33140, FL
19,315
Population
16,000
Households
1.2
Avg Household Size
46
Median Age
62%
College-Educated
93%
High-School Grad
3.1 sq mi
ZIP Area
6,231
Density / Sq Mi
$103,898
Median Household Income
$65,708
Median Earnings
$2,020
Median Rent
$863,600
Median Home Value
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Medical Office Space - A shared, furnished suite offers reception and waiting areas within an oceanfront condominium.
Where is this medical office space located?
The property is located at 2555 Collins Avenue #C4 Miami Beach, FL.
What are key features of this property?
This property features: 906‑square‑foot shared suite with reception, waiting area, and six treatment rooms; Built‑in furniture and tile flooring; currently occupied by a chiropractor; Use two rooms every day or all six rooms three times a week
