Freestanding Medical Office
For Sale
$8,000,000
2801 SW 3rd Ave, Miami, FL 33129
Built in 2019 with underground parking and floor-to-ceiling glass, designed for right-by zoning medical uses.
Property Size23,231 SF
Price / SF$344.37
Days on Market123
Property Features for 2801 SW 3rd Ave
General Information
Standard status
Active
Size
23,231 SF
Class
A
Property subtype
Mixed Use
Zoning
T6-8O
Occupancy
94%
Building Details
Building Size
23,231 SF
Year Built
2019
Listing Agency:
Premier Properties
Listed By:
Ivette Agusti · License #0650960
(305) 790-6125
Source:
Allyandaj
Added: Jun 9
Changed: Sep 26
Last Checked: Oct 7 at 6:34PM
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 Premier Properties
Investment Insights
Based on property information with market context.
This freestanding Class A medical office building was built in 2019 with CBS construction and a brick exterior. The property includes underground parking, floor-to-ceiling glass, and a rooftop area, supporting a modern healthcare environment. With more than $4.0 million in tenant improvements and medical buildout, the facility is positioned for specialized outpatient and clinical workflows.
Located at 2801 SW 3rd Ave in Miami, the building is configured for medical use under the T6-8O medical office transect referenced in Miami 21. The zoning is described as providing by-right allowance for medical offices, surgical suites, outpatient procedure centers, and dental/oral surgery operations.
For owner-users and healthcare operators, the combination of newer construction, substantial medical improvements, and a site designed around right-by outpatient and surgical use can reduce buildout risk compared with older facilities. Investors evaluating healthcare real estate may also focus on the building’s specialized medical design elements, including the underground parking and high-performance fenestration, which can support ongoing patient-facing operations in a dedicated medical product.
Located at 2801 SW 3rd Ave in Miami, the building is configured for medical use under the T6-8O medical office transect referenced in Miami 21. The zoning is described as providing by-right allowance for medical offices, surgical suites, outpatient procedure centers, and dental/oral surgery operations.
For owner-users and healthcare operators, the combination of newer construction, substantial medical improvements, and a site designed around right-by outpatient and surgical use can reduce buildout risk compared with older facilities. Investors evaluating healthcare real estate may also focus on the building’s specialized medical design elements, including the underground parking and high-performance fenestration, which can support ongoing patient-facing operations in a dedicated medical product.
Key Highlights
- Freestanding Class A medical office building built in 2019 with CBS construction
- 23,231 SF building with underground parking and floor‑to‑ceiling glass
- Rooftop area and built for right‑by zoning medical uses (medical offices, surgical suites, outpatient procedure centers, dental/oral surgery)
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$666,439
Cap Rate
8.33%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$13,328,780
$13.3M
Cap Rate 7%
$9,520,557
$9.5M
Cap Rate 9%
$7,404,878
$7.4M
Market Conditions
NOI Build-Up for 23,231 SF
Gross rent
$1.05M $45.00/SF
− Vacancy
−$156.8K −$6.75/SF
EGI
$888.6K $38.25/SF
− OpEx
−$222.1K −$9.56/SF
NOI
$666.4K $28.69/SF
Area
Miami, FL
Vacancy
15.00%
Lease Rate
$45.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$13,328,780
Cap Rate 7%
$9,520,557
Cap Rate 9%
$7,404,878
Alternative Uses
Best Use
Office B
$9.52M
$8.33M – $11.11M
NOI $666,439 @ 7.0% cap · market cap 8.33%
Second Best
Healthcare Medical
$5.50M
$4.81M – $6.41M
NOI $384,705 @ 7.0% cap · market cap 4.81%
Theoretical Best
Specialty Retail
$15.68M
$13.72M – $18.29M
NOI $1,097,675 @ 7.0% cap · market cap 13.72%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
93.9%
Occupancy
Location Intelligence
Trade Area within ½ mile
6,325
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 33129, FL
15,218
Population
8,275
Households
1.8
Avg Household Size
44
Median Age
68%
College-Educated
97%
High-School Grad
1.4 sq mi
ZIP Area
10,870
Density / Sq Mi
$102,969
Median Household Income
$54,935
Median Earnings
$2,241
Median Rent
$573,900
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 Miami, FL
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- EdgeWater Pet Clinic — 162 NE 25th St Suite 102, Miami, FL 33137
- Helpet Veterinary Center — 222 NE 25th St #105, Miami, FL 33137
- GoodVets Wynwood — 60 NW 29th St, Miami, FL 33127
- Veterinary Emergency Group — 2707 Biscayne Blvd, Miami, FL 33137
- Banfield Pet Hospital — 3101 N Miami Ave Ste 110, Miami, FL 33127
Frequently Asked Questions
What type of property is this?
Medical Office Space - Built in 2019 with underground parking and floor-to-ceiling glass, designed for right-by zoning medical uses.
Where is this medical office space located?
The property is located at 2801 SW 3rd Ave Miami, FL.
What is the asking price?
The asking price for this property is $8,000,000.
What are key features of this property?
This property features: Freestanding Class A medical office building built in 2019 with CBS construction; 23,231 SF building with underground parking and floor‑to‑ceiling glass; Rooftop area and built for right‑by zoning medical uses (medical offices, surgical suites, outpatient procedure centers, dental/oral surgery)
