Medical Office Suites with Elevator
7480 Fairway Drive, Hialeah, FL 33014
For Sale
Contact for pricing
Office suites for medical or professional use, with elevator access, shared common areas, and ample on-site parking.
Property Size1,894 SF
Price / SF$0.02
Days on Market112
Property Features for 7480 Fairway Drive
General Information
Standard status
Size
Property subtype
Lease Type
Additional Details
Flexible Term
Highway Access
Amenities
signage opportunities
elevator access
shared common areas
Tile, Flat Tile, Flat Roof With Facade Front, Tile Roof
Public Sewer, Public Sanitation, Sewer
Parcel Number: 32-20-23-026-0140, Annual Amount: $3,379, Legal Description: CYPRESS VILG PROF BLDG CONDO UNIT 204 UNDIV 5.10% INT IN COMMON ELEMENTS OFF REC 11856-1052 OR 13987-3146 0289 2 F/A/U 30-2023-026-0140, Year: 2025, Zoning: 6600
Carpet, Ceramic Floor
Central Individual A/C, Central Air
Central Individual A/C
Listing ID: B26055989, Standard Status: Active, MLS Status: Active, Property Subtype: Retail, On market as of 2026-07-20, 62 days on market, Special Conditions: Lease
5 total parking spaces, Common, On Street
Built in 1983, Living area: 959, Living area units: Square Feet, 2 stories, Construction Materials: Concrete Block Construction
County/Parish: Miami-Dade County
Leasable area units: Square Feet
2 units in community
Electricity Connected, Electricity Available, Water Source: Public, 110 Volts Power
Rental Agreement
Exterior Electric, Exterior Maintenance, Real Estate Tax
No Fire Protection, No Security
Building Details
Year Built
Tenancy
Listing Agency:
Exclusively Real Estate
(954) 986-7001
Listed By:
Victor R Biggs · License #3187832
(954) 237-4892
Source:
Riserealty
Added: Jul 20
Changed: Nov 6
Last Checked: Nov 6 at 10:26AM
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 Exclusively Real Estate
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Professional and medical office suites are available for lease at 7480 Fairway Dr in Hialeah, Florida. Suite 203 offers 935 SF, and Suite 204 offers 959 SF; they can be leased separately or combined for up to 1,894 SF. The building includes elevator access and shared common areas, with signage opportunities available. Flexible build-out options are noted, and the space is described as zoned for professional/medical office use.
The property provides ample on-site parking and easy access to NW 154th St and the Palmetto Expressway. Current availability is listed as “Now,” with a lease term of 3+ years noted as negotiable.
The asking structure is $34.60/SF NNN plus $9.73/SF CAM (estimated). A tenant improvement allowance is indicated as negotiable.
The property provides ample on-site parking and easy access to NW 154th St and the Palmetto Expressway. Current availability is listed as “Now,” with a lease term of 3+ years noted as negotiable.
The asking structure is $34.60/SF NNN plus $9.73/SF CAM (estimated). A tenant improvement allowance is indicated as negotiable.
Key Highlights
- Medical/professional office suites for lease at 7480 Fairway Drive, Miami Lakes
- Suite 203: 935 SF; Suite 204: 959 SF; combined up to 1,894 SF
- Zoned for professional/medical office use; suitable for medical, therapy, or professional office use
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,683
Suggested Prices Based on Cap Rates
Cap Rate 5%
$613,660
$613.7K
Cap Rate 7%
$438,329
$438.3K
Cap Rate 9%
$340,922
$340.9K
Market Conditions
NOI Build-Up for 1,894 SF
Gross rent
$56.8K $30.00/SF
− Vacancy
−$5.7K −$3.00/SF
EGI
$51.1K $27.00/SF
− OpEx
−$20.5K −$10.80/SF
NOI
$30.7K $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%
$613,660
Cap Rate 7%
$438,329
Cap Rate 9%
$340,922
Alternative Uses
Best Use
Office B
$522.3K
$457.1K – $609.4K
NOI $36,564 @ 7.0% cap · market cap 107,541.18%
Second Best
Healthcare Medical
$438.3K
$383.5K – $511.4K
NOI $30,683 @ 7.0% cap · market cap 90,244.12%
Theoretical Best
Office A
$745.5K
$652.3K – $869.7K
NOI $52,183 @ 7.0% cap · market cap 153,479.41%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,169
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 33014, FL
40,261
Population
15,319
Households
2.6
Avg Household Size
43
Median Age
29%
College-Educated
84%
High-School Grad
6.5 sq mi
ZIP Area
6,194
Density / Sq Mi
$74,934
Median Household Income
$40,003
Median Earnings
$1,720
Median Rent
$398,400
Median Home Value
Market
Average Price Trend$/SF for Medical Office Space in Hialeah, FL
Properties on Market for Medical Office Space in Hialeah
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Office suites for medical or professional use, with elevator access, shared common areas, and ample on-site parking.
Where is this medical office space located?
The property is located at 7480 Fairway Drive Hialeah, FL.
What are key features of this property?
This property features: Medical/professional office suites for lease at 7480 Fairway Drive, Miami Lakes; Suite 203: 935 SF; Suite 204: 959 SF; combined up to 1,894 SF; Zoned for professional/medical office use; suitable for medical, therapy, or professional office use
