Two-Story Professional Office
New
For Sale
$4,650,000
8821 SW 69th Ct, Pinecrest, FL 33156
Commercial Sale, Pinecrest, FL
Property Size5,093 SF
Lot Size0.25 Acres
Price / SF$913.02
Days on Market2
Property Features for 8821 SW 69th Ct
General Information
Property type
Commercial Sale
Property subtype
Office
Zoning description
6800
Subdivision
50
Standard status
Active
APN
20-50-02-005-0030
Lot size
0.25 Acres
Additional Details
Tenant in Place
Yes
Property Use
Office
Condition
Turnkey
Taxes and HOA fees
Tax Description
2 55 40 .26 AC NORTH KENDALL PB 44-93 LOT 2 & N19.35FT LOT 3 BLK 1 F/A/U 30-5002-005-0030 OR 18897-3489 1299 1 COC 21806-0845 10 2003 1
Tax Annual Amount
21556
Legal Description
2 55 40 .26 AC NORTH KENDALL PB 44-93 LOT 2 & N19.35FT LOT 3 BLK 1 F/A/U 30-5002-005-0030 OR 18897-3489 1299 1 COC 21806-0845 10 2003 1
Building Details
Year built
1974
Architectural style
Other
Buildings
1
Listing Agency:
The Keyes Company
(305) 443-7423
Listed By:
Frank DeValdivielso Jr. · License #3121143
(786) 273-8507
Added: Oct 29
Last Checked: Oct 30 at 2:06PM
MLS# A12114465
Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This standalone, two-story office building contains 5,093 square feet across two floors on a 0.2478-acre lot. The first floor has 1,911 square feet with reception, two conference rooms, a meeting room, three offices, storage, a breakroom and two bathrooms. Upstairs, 3,182 square feet includes nine offices, an eat-in kitchen, space for six cubicles and two additional bathrooms. The building was constructed in 1974 and remodeled in 2003. Office furniture is negotiable.
The property is in Pinecrest, near other professional businesses, with access to the Palmetto Expressway. Dadeland Mall, Downtown Dadeland and Baptist Hospital are identified nearby. The site has landscaped grounds and more than 15 dedicated parking spaces.
The property is in Pinecrest, near other professional businesses, with access to the Palmetto Expressway. Dadeland Mall, Downtown Dadeland and Baptist Hospital are identified nearby. The site has landscaped grounds and more than 15 dedicated parking spaces.
Key Highlights
- Two‑story standalone office building with 5,093 square feet
- First floor: 1,911 square feet, three offices, two conference rooms and two bathrooms
- Second floor: 3,182 square feet, nine offices, cubicle space for six and two bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$134,990
Cap Rate
2.90%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,699,800
$2.7M
Cap Rate 7%
$1,928,429
$1.9M
Cap Rate 9%
$1,499,889
$1.5M
Market Conditions
NOI Build-Up for 5,093 SF
Gross rent
$232.2K $45.60/SF
− Vacancy
−$52.3K −$10.26/SF
EGI
$180.0K $35.34/SF
− OpEx
−$45.0K −$8.84/SF
NOI
$135.0K $26.51/SF
Area
Miami-Dade County, FL
Vacancy
22.50%
Lease Rate
$45.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,699,800
Cap Rate 7%
$1,928,429
Cap Rate 9%
$1,499,889
Alternative Uses
Best Use
Office B
$1.93M
$1.69M – $2.25M
NOI $134,990 @ 7.0% cap · market cap 2.90%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.58M
$2.26M – $3.01M
NOI $180,873 @ 7.0% cap · market cap 3.89%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
134
Businesses Nearby
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Business Placement
Demographics for 33156, FL
34,036
Population
13,215
Households
2.6
Avg Household Size
42
Median Age
66%
College-Educated
97%
High-School Grad
13.9 sq mi
ZIP Area
2,449
Density / Sq Mi
$134,720
Median Household Income
$66,117
Median Earnings
$1,936
Median Rent
$1,063,100
Median Home Value
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - A standalone office property offers multiple private offices, conference rooms, kitchen areas, and dedicated parking.
Where is this office building located?
The property is located at 8821 SW 69th Ct Pinecrest, FL.
What is the asking price?
The asking price for this property is $4,650,000.
What are key features of this property?
This property features: Two‑story standalone office building with 5,093 square feet; First floor: 1,911 square feet, three offices, two conference rooms and two bathrooms; Second floor: 3,182 square feet, nine offices, cubicle space for six and two bathrooms
