Renovated Medical Office Exam
For Sale
Contact for pricing
7900 NW 27th Avenue Unit A-3, Miami, FL 33147
Modernized exam room suites with private restrooms, reception, and updated finishes throughout.
Property Size15,000 SF
Price / SF$0.10
Days on Market101
Property Features for 7900 NW 27th Avenue Unit A-3
General Information
Standard status
Active
Size
15,000 SF
Property subtype
Office
Building Details
Year Built
1960
Listing Agency:
Keller Williams Realty SW
(954) 237-0400
Listed By:
Charles Vazquez · License #3435536
(954) 661-9145
Source:
Lehmannflorida
Added: Jul 7
Changed: Oct 15
Last Checked: Oct 15 at 12:38AM
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 Realty SW
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Investment Insights
Based on property information with market context.
This beautifully renovated medical office offers multiple spacious private exam rooms available for lease within a modern, professionally finished healthcare environment. The space includes an on-site reception area with check-in and check-out desks, dedicated medical assistant station, and multiple waiting areas.
Interior improvements include updated flooring, cabinetry, closets, and high-end finishes throughout. The facility is supported by practical clinical and patient amenities, including on-site X-ray capabilities, an on-site pharmacy, and a physical therapy room, along with additional activity spaces such as an exercise room and an activity center with a full kitchen and coffee bar.
Restroom accommodations include two ADA-compliant gang restrooms and five private restrooms. Walk, bike, and transit scores are reported as somewhat walkable, somewhat bikeable, and somewhat transit.
Interior improvements include updated flooring, cabinetry, closets, and high-end finishes throughout. The facility is supported by practical clinical and patient amenities, including on-site X-ray capabilities, an on-site pharmacy, and a physical therapy room, along with additional activity spaces such as an exercise room and an activity center with a full kitchen and coffee bar.
Restroom accommodations include two ADA-compliant gang restrooms and five private restrooms. Walk, bike, and transit scores are reported as somewhat walkable, somewhat bikeable, and somewhat transit.
Key Highlights
- 1960‑built medical office fully updated with modern flooring, cabinetry, closets, and high‑end finishes throughout
- Multiple private medical exam rooms for lease at $1,500 per month per room
- Includes on‑site X‑ray capabilities and an on‑site pharmacy
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$248,400
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,968,000
$5.0M
Cap Rate 7%
$3,548,571
$3.5M
Cap Rate 9%
$2,760,000
$2.8M
Market Conditions
NOI Build-Up for 15,000 SF
Gross rent
$450.0K $30.00/SF
− Vacancy
−$36.0K −$2.40/SF
EGI
$414.0K $27.60/SF
− OpEx
−$165.6K −$11.04/SF
NOI
$248.4K $16.56/SF
Area
Miami, FL
Vacancy
8.00%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,968,000
Cap Rate 7%
$3,548,571
Cap Rate 9%
$2,760,000
Alternative Uses
Best Use
Office B
$6.15M
$5.38M – $7.17M
NOI $430,313 @ 7.0% cap · market cap 28,687.53%
Second Best
Healthcare Medical
$3.55M
$3.11M – $4.14M
NOI $248,400 @ 7.0% cap · market cap 16,560.00%
Theoretical Best
Specialty Retail
$10.13M
$8.86M – $11.81M
NOI $708,757 @ 7.0% cap · market cap 47,250.47%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
1,275
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
Demographics for 33147, FL
48,823
Population
16,220
Households
3
Avg Household Size
39
Median Age
15%
College-Educated
77%
High-School Grad
7.2 sq mi
ZIP Area
6,781
Density / Sq Mi
$47,728
Median Household Income
$33,385
Median Earnings
$1,359
Median Rent
$301,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Miami, FL
Frequently Asked Questions
What type of property is this?
Medical Office Space - Modernized exam room suites with private restrooms, reception, and updated finishes throughout.
Where is this medical office space located?
The property is located at 7900 NW 27th Avenue Unit A-3 Miami, FL.
What are key features of this property?
This property features: 1960‑built medical office fully updated with modern flooring, cabinetry, closets, and high‑end finishes throughout; Multiple private medical exam rooms for lease at $1,500 per month per room; Includes on‑site X‑ray capabilities and an on‑site pharmacy
