Individually Deeded Office
7950 NW 53rd St Miami, FL 33166
For Sale
$11,100,000
Individually deeded office condominium suites available for purchase, with Magaya Corporation retaining about 30% for ongoing occupancy.
Property Size17,650 SF
Price / SF$628.90
Days on Market112
Property Features for 7950 NW 53rd St
General Information
- Standard status
- Active
- Size
- 17,650 SF
- Property subtype
- Office
Building Details
- Year Built
- 2008
Listing Agency:
Miami Office
(786) 522-7056
Listed By:
Alex D. Zylberglait · License #FL: BK3015211
(786) 522-7056
Source:
Marcusmillichap
Added: Apr 3
Changed: Jul 22
Last Checked: Jul 23 at 2:39AM
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 Miami Office
Investment Insights
Based on property information with market context.
7950 Professional Center offers individually deeded office condominium units, with suites available for purchase individually, in grouped tranches, or as a complete portfolio. Magaya Corporation, a global logistics software firm, will retain approximately 30% of the suites for continued corporate occupancy.
The property is positioned in Downtown Doral, within one of Miami-Dade’s most active business and mixed-use development zones. Public remarks cite nearby development momentum along the NW 53rd Street corridor, including Whole Foods-anchored retail, UHealth medical expansions, new hospitality concepts, and increased multifamily density.
For buyers seeking ownership of small-format professional space with on-site corporate co-tenancy, this offering is presented as immediately usable and supports multiple exit paths, including resale-by-unit or a longer-term condo hold.
The property is positioned in Downtown Doral, within one of Miami-Dade’s most active business and mixed-use development zones. Public remarks cite nearby development momentum along the NW 53rd Street corridor, including Whole Foods-anchored retail, UHealth medical expansions, new hospitality concepts, and increased multifamily density.
For buyers seeking ownership of small-format professional space with on-site corporate co-tenancy, this offering is presented as immediately usable and supports multiple exit paths, including resale-by-unit or a longer-term condo hold.
Key Highlights
- Year built 2008 office condominium building with individually deeded suites available for purchase
- Magaya Corporation will retain about 30% of the suites for continued corporate occupancy
- Remaining suites are available for purchase individually, in grouped tranches, or as a complete portfolio
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 | $794.3k | $45.00 |
| − Vacancy | −$119.1k | −$6.75 |
| EGI | $675.1k | $38.25 |
| − OpEx | −$168.8k | −$9.56 |
| NOI | $506.3k | $28.69 |
17,650 SF · lease $45.00/SF/yr · vacancy 15.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$7.23M
$6.33M – $8.44M
NOI $506,334 @ 7.0% cap · market cap 4.56%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$11.91M
$10.42M – $13.90M
NOI $833,970 @ 7.0% cap · market cap 7.51%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
UNASALUD LLC
Medical Clinic
Sea Trade Financial ...
Bank
Resort Management Association
Hotel & Motel
My Recruitment Plus
(Bike/Boat/Book/etc) Store
Advanced TeleMed Services
Crisis Center
FAQs
What type of property is this?
Office units - Individually deeded office condominium suites available for purchase, with Magaya Corporation retaining about 30% for ongoing occupancy.
Where is this office units located?
The property is located at 7950 NW 53rd St Miami, FL.
What is the asking price?
The asking price for this property is $11,100,000.
What are key features of this property?
This property features: Year built 2008 office condominium building with individually deeded suites available for purchase; Magaya Corporation will retain about 30% of the suites for continued corporate occupancy; Remaining suites are available for purchase individually, in grouped tranches, or as a complete portfolio
