Turnkey Medical Office
470 NW 22nd Ave Miami, FL 33125
New
470 NW 22nd Ave, Miami, FL, 33125
$1,125,000
For Sale
$1,125,000
Fully remodeled freestanding office with 6 private offices, 2 full bathrooms, and 7 on-site parking spaces.
Property Size2,300 SF
Price / SF$489.13
Days on Market3
Property Features for 470 NW 22nd Ave
General Information
- Standard status
- Active
- Size
- 2,300 SF
Building Details
- Year Built
- 1952
Listing agency
Keller Williams Capital Realty
(786) 278-0380
Listed by
Damaris Cheang · License #3282026
Source
Mymiahomes
Added: Jul 20 Updated: Jul 21 at 10:05PM Checked: Jul 21 at 10:05PM
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 Keller Williams Capital Realty
Investment Insights
Based on property information with market context.
Freestanding, fully remodeled commercial property offered for sale, with approximately 2,300 SF of interior space. The current layout includes 6 private offices and 2 full bathrooms, and the interior and exterior have been freshly painted. The property is presented as turnkey for immediate occupancy.
The offering is positioned in a high-traffic Miami location with strong street visibility and accessibility.
On-site parking is available with 7 spaces, supporting professional and service-oriented office operations.
The offering is positioned in a high-traffic Miami location with strong street visibility and accessibility.
On-site parking is available with 7 spaces, supporting professional and service-oriented office operations.
Key Highlights
- Freestanding commercial office built in 1952, fully remodeled
- Approx. 2,300 SF interior space with a layout designed for professional office use
- 6 private offices plus 2 full bathrooms
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $103.5k | $45.00 |
| − Vacancy | −$15.5k | −$6.75 |
| EGI | $88.0k | $38.25 |
| − OpEx | −$22.0k | −$9.56 |
| NOI | $66.0k | $28.69 |
2,300 SF · lease $45.00/SF/yr · vacancy 15.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$942.6K
$824.8K – $1.10M
NOI $65,981 @ 7.0% cap · market cap 5.86%
Second Best
Healthcare Medical
$544.1K
$476.1K – $634.8K
NOI $38,088 @ 7.0% cap · market cap 3.39%
Theoretical Best
Specialty Retail
$1.55M
$1.36M – $1.81M
NOI $108,676 @ 7.0% cap · market cap 9.66%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Carousel Learning Academy
Daycare Center
Similar For Sale Nearby
Similar Off Market Nearby
- Animal Clinic — Miami, FL 33135
- Vet Allergy Care LLC — 330 SW 27th Ave, Miami, FL 33135
- Marquez Eugenio J DVM — 612 SW 17th Ave, Miami, FL 33135, United States
- Central Veterinary Export Inc — 618 SW 17th Ave, Miami, FL 33135
- Miami Pet Clinic — 2485 W Flagler St # 3, Miami, FL 33135
FAQs
What type of property is this?
Medical Office Space - Fully remodeled freestanding office with 6 private offices, 2 full bathrooms, and 7 on-site parking spaces.
Where is this medical office space located?
The property is located at 470 NW 22nd Ave Miami, FL.
What is the asking price?
The asking price for this property is $1,125,000.
What are key features of this property?
This property features: Freestanding commercial office built in 1952, fully remodeled; Approx. 2,300 SF interior space with a layout designed for professional office use; 6 private offices plus 2 full bathrooms
