Medical Office Suite with Exam
For Sale
Contact for pricing
8950 SW 74th Ct 1709, Miami, FL 33156
Recently completed medical buildout with reception, clinical prep, private offices, kitchen, storage, and existing medical infrastructure.
Property Size210,000 SF
Price / SF$0.03
Days on Market47
Property Features for 8950 SW 74th Ct 1709
General Information
Standard status
Active
Size
210,000 SF
Property subtype
Commercial
Building Details
Building Size
210,000 SF
Year Built
2009
Listing Agency:
Avanti Way Realty
Listed By:
Monica Taracido · License #3230913
(305) 632-9661
Source:
Elliman
Added: Sep 19
Changed: Oct 29
Last Checked: Nov 3 at 7:57AM
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 Avanti Way Realty
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Investment Insights
Based on property information with market context.
Medical office suite in Town Center One with approximately 1,725 SF and a layout designed for a two-provider practice. The space includes four dedicated exam rooms, two private rooms for physician offices or consultations, a central clinical preparation area, reception and waiting areas, a kitchen, and storage or equipment space. The private rooms can also be configured for additional clinical functions.
The suite has a recently completed medical buildout, modern finishes, and existing medical infrastructure. It is located at 8950 SW 74th Ct in Miami, within the Dadeland/Kendall medical and professional corridor. The property offers access to major roadways, Dadeland Mall, and the surrounding Dadeland/South Miami medical corridor. The building was constructed in 2009.
The suite has a recently completed medical buildout, modern finishes, and existing medical infrastructure. It is located at 8950 SW 74th Ct in Miami, within the Dadeland/Kendall medical and professional corridor. The property offers access to major roadways, Dadeland Mall, and the surrounding Dadeland/South Miami medical corridor. The building was constructed in 2009.
Key Highlights
- Approximately 1,725 SF medical office suite
- Two‑provider layout with four dedicated exam rooms
- Two private rooms for physician offices, consultations, or added clinical use
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,566
Suggested Prices Based on Cap Rates
Cap Rate 5%
$571,320
$571.3K
Cap Rate 7%
$408,086
$408.1K
Cap Rate 9%
$317,400
$317.4K
Market Conditions
NOI Build-Up for 1,725 SF
Gross rent
$51.8K $30.00/SF
− Vacancy
−$4.1K −$2.40/SF
EGI
$47.6K $27.60/SF
− OpEx
−$19.0K −$11.04/SF
NOI
$28.6K $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%
$571,320
Cap Rate 7%
$408,086
Cap Rate 9%
$317,400
Alternative Uses
Best Use
Office B
$706.9K
$618.6K – $824.8K
NOI $49,486 @ 7.0% cap · market cap 107,578.26%
Second Best
Healthcare Medical
$408.1K
$357.1K – $476.1K
NOI $28,566 @ 7.0% cap · market cap 62,100.00%
Theoretical Best
Specialty Retail
$1.16M
$1.02M – $1.36M
NOI $81,507 @ 7.0% cap · market cap 177,189.13%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
2,257
Businesses Nearby
Balanced
Demand for This Use
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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 Miami, FL
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Recently completed medical buildout with reception, clinical prep, private offices, kitchen, storage, and existing medical infrastructure.
Where is this medical office space located?
The property is located at 8950 SW 74th Ct 1709 Miami, FL.
What are key features of this property?
This property features: Approximately 1,725 SF medical office suite; Two‑provider layout with four dedicated exam rooms; Two private rooms for physician offices, consultations, or added clinical use
