Medical Office Suite with Exam
For Sale
Contact for pricing
8950 SW 74th Ct #2001 Unit 2001, Miami, FL 33156
A furnished clinical layout includes dedicated physician and administrative offices alongside private patient check-in and check-out.
Property Size1,951 SF
Price / SF$3.59
Days on Market68
Property Features for 8950 SW 74th Ct #2001 Unit 2001
General Information
Standard status
Active
Size
1,951 SF
Net Rentable
1,951 SF
Class
Class A
Property subtype
Commercial
Space & Availability
Floor
20
Condition
Move-in Ready
Site & Location
Road Access
Yes
Public Transit
Yes
Utilities to Site
Yes
Additional Details
Property Use
Medical Office
Amenities
24-hour access
attended front desk
covered garage
on-site restaurant
pharmacy
plumbing connections
pre-wired telecom
shared waiting room
shared medical stations
shared IT room
shared hazardous-waste handling
shared employee kitchenette
Building Details
Year Built
2009
Buildings
1
Stories
24
Tenancy
Multi
Listing Agency:
Compass Florida, LLC
Listed By:
Joshua Kaufman · License #3291155
(305) 697-2904
Source:
Gosenproperties
Added: Aug 24
Changed: Oct 28
Last Checked: Oct 28 at 3:05PM
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 Compass Florida, LLC
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Investment Insights
Based on property information with market context.
Suite 2001 is a 1,951 RSF medical office sublease on the 20th floor of Town Center One, a 24-story tower completed in 2009. The suite contains four examination rooms, a private physician office, a second private office, and separate patient check-in and check-out areas. Shared building amenities include a waiting room, two medical stations, an IT room, hazardous-waste handling, and an employee kitchenette. Plumbing connections and pre-wired telecom are available in each unit.
Town Center One fronts Kendall Drive, across from Dadeland Mall and a block from US-1. Dadeland South Metrorail station is steps away, with Baptist Hospital and Baptist South Miami within two miles. Building amenities include 24-hour access, an attended front desk, covered garage parking, an on-site restaurant, and a pharmacy.
Town Center One fronts Kendall Drive, across from Dadeland Mall and a block from US-1. Dadeland South Metrorail station is steps away, with Baptist Hospital and Baptist South Miami within two miles. Building amenities include 24-hour access, an attended front desk, covered garage parking, an on-site restaurant, and a pharmacy.
Key Highlights
- 1,951 RSF sublease on the 20th floor
- Four examination rooms, two private offices, and patient check‑in and check‑out areas
- Shared waiting room, two medical stations, IT room, hazardous‑waste handling, and employee kitchenette
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,309
Suggested Prices Based on Cap Rates
Cap Rate 5%
$646,180
$646.2K
Cap Rate 7%
$461,557
$461.6K
Cap Rate 9%
$358,989
$359.0K
Market Conditions
NOI Build-Up for 1,951 SF
Gross rent
$58.5K $30.00/SF
− Vacancy
−$4.7K −$2.40/SF
EGI
$53.8K $27.60/SF
− OpEx
−$21.5K −$11.04/SF
NOI
$32.3K $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%
$646,180
Cap Rate 7%
$461,557
Cap Rate 9%
$358,989
Alternative Uses
Best Use
Office B
$799.6K
$699.6K – $932.8K
NOI $55,969 @ 7.0% cap · market cap 799.56%
Second Best
Healthcare Medical
$461.6K
$403.9K – $538.5K
NOI $32,309 @ 7.0% cap · market cap 461.56%
Theoretical Best
Specialty Retail
$1.32M
$1.15M – $1.54M
NOI $92,186 @ 7.0% cap · market cap 1,316.94%
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
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
2,257
Businesses Nearby
Balanced
Demand for This Use
Explore this area
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
Market
Vacancy Rate% for Office in Miami, FL
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Frequently Asked Questions
What type of property is this?
Medical Office Space - A furnished clinical layout includes dedicated physician and administrative offices alongside private patient check-in and check-out.
Where is this medical office space located?
The property is located at 8950 SW 74th Ct #2001 Unit 2001 Miami, FL.
What are key features of this property?
This property features: 1,951 RSF sublease on the 20th floor; Four examination rooms, two private offices, and patient check‑in and check‑out areas; Shared waiting room, two medical stations, IT room, hazardous‑waste handling, and employee kitchenette
