Co-Working Medical Office
For Sale
Contact for pricing
7100 W 20th Avenue #214, Hialeah, FL 33016
For-sale co-working medical office suites in a well-maintained healthcare building designed for collaborative practice.
Property Size135,000 SF
Price / SF$0.01
Days on Market133
Property Features for 7100 W 20th Avenue #214
General Information
Standard status
Active
Size
135,000 SF
Property subtype
Office
Building Details
Year Built
1982
Listing Agency:
Compass Florida, LLC.
(305) 851-2820
Listed By:
Judy L Palladino · License #0654910
(305) 290-0303
Source:
Lehmannflorida
Added: Jun 16
Changed: Oct 25
Last Checked: Oct 24 at 5:39PM
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 Compass Florida, LLC.
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Investment Insights
Based on property information with market context.
Co-working medical office suites are available in an established, well-maintained healthcare building, offering a professional setting for shared medical and behavioral health services. The offering is suited for a range of specialists, including internal medicine or family medicine, neurology, addiction medicine, psychology, psychiatry-focused care, and therapy services.
Located at 7100 W 20th Ave, Unit 214 in Hialeah, the space provides convenient access and access to surrounding amenities in a dedicated medical office environment.
This is a for-sale opportunity for practitioners seeking to establish or expand within a shared healthcare community, with space designed to support multidisciplinary, patient-focused care.
Located at 7100 W 20th Ave, Unit 214 in Hialeah, the space provides convenient access and access to surrounding amenities in a dedicated medical office environment.
This is a for-sale opportunity for practitioners seeking to establish or expand within a shared healthcare community, with space designed to support multidisciplinary, patient-focused care.
Key Highlights
- Co‑working medical office suites in an established healthcare building
- Year built: 1982
- Suites suited for medical and behavioral health specialists, including primary care, neurology, addiction medicine, and mental health providers
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$2,187,000
Suggested Prices Based on Cap Rates
Cap Rate 5%
$43,740,000
$43.7M
Cap Rate 7%
$31,242,857
$31.2M
Cap Rate 9%
$24,300,000
$24.3M
Market Conditions
NOI Build-Up for 135,000 SF
Gross rent
$4.05M $30.00/SF
− Vacancy
−$405.0K −$3.00/SF
EGI
$3.65M $27.00/SF
− OpEx
−$1.46M −$10.80/SF
NOI
$2.19M $16.20/SF
Area
Hialeah, FL
Vacancy
10.00%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$43,740,000
Cap Rate 7%
$31,242,857
Cap Rate 9%
$24,300,000
Alternative Uses
Best Use
Office B
$37.23M
$32.58M – $43.44M
NOI $2,606,175 @ 7.0% cap · market cap 200,475.00%
Second Best
Healthcare Medical
$31.24M
$27.34M – $36.45M
NOI $2,187,000 @ 7.0% cap · market cap 168,230.77%
Theoretical Best
Office A
$53.14M
$46.49M – $61.99M
NOI $3,719,520 @ 7.0% cap · market cap 286,116.92%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
2,709
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
Demographics for 33016, FL
45,714
Population
16,158
Households
2.8
Avg Household Size
43
Median Age
28%
College-Educated
83%
High-School Grad
4.2 sq mi
ZIP Area
10,884
Density / Sq Mi
$56,633
Median Household Income
$33,069
Median Earnings
$1,753
Median Rent
$295,800
Median Home Value
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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Medical Office Space - For-sale co-working medical office suites in a well-maintained healthcare building designed for collaborative practice.
Where is this medical office space located?
The property is located at 7100 W 20th Avenue #214 Hialeah, FL.
What are key features of this property?
This property features: Co‑working medical office suites in an established healthcare building; Year built: 1982; Suites suited for medical and behavioral health specialists, including primary care, neurology, addiction medicine, and mental health providers
