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    10700 Caribbean Blvd Cutler Bay, FL 33189

    Sponsored
    For Sale
    $1,000,000

    Profitable Clinical Research Center - $1M

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 10700 Caribbean Blvd, Miami, FL 33189 medical office building presents a unique investment opportunity. Priced at $1,000,000, the property boasts a highly successful clinical research center operating since 2017. Unlike standalone facilities, this center benefits from a strong referral network established through a concurrently operating outpatient clinical practice. This long-standing relationship ensures a consistent patient base, minimizing reliance on external advertising. The research center conducts Phase I, II, III, and IV studies, currently managing eight active Phase I trials with a 10-bed capacity. Its reputation as one of South Florida's leading clinical research organizations is well-established, demonstrating a proven track record of success and high-quality clinical research. Located in Cutler Bay, Miami-Dade County, Florida, this property offers a strategic location within a thriving medical community. The property's unique structure, combining a research center and an established clinical practice, provides a significant competitive advantage and a compelling investment opportunity for discerning buyers. The property is situated at 25.5772626 latitude and -80.3662565 longitude. This turnkey operation offers immediate income potential and significant growth prospects within the dynamic South Florida healthcare market.

    Property Features for 10700 Caribbean Blvd

    General Information

    Property type
    Medical offices

    HighLights

    • $1,000,000 asking price for this medical office building.
    • Located at 10700 Caribbean Blvd, Miami, FL 33189 in Miami‑Dade County.
    • The property is a successful clinical research center with an associated outpatient clinical practice, providing a consistent referral source.
    • Conducts Phase I‑IV clinical research studies, currently with eight active Phase I studies and 10 beds.
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Cutler Bay
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.3662565
    Latitude
    25.5772626

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    FAQs

    What type of property is this?
    Medical office - Profitable Clinical Research Center - $1M
    Where is this medical office located?
    The property is located at 10700 Caribbean Blvd Cutler Bay, FL.
    What is the asking price?
    The asking price for this property is $1,000,000.
    What are key features of this property?
    This property features: $1,000,000 asking price for this medical office building.; Located at 10700 Caribbean Blvd, Miami, FL 33189 in Miami-Dade County.; The property is a successful clinical research center with an associated outpatient clinical practice, providing a consistent referral source.
    Request Owner's contact information
    10700 Caribbean Blvd Cutler Bay, FL 33189
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    Cutler Bay, FL 33189
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    10700 Caribbean Blvd Cutler Bay, FL 33189
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