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    5620 67 Ave South Miami, FL 33143

    For Lease
    $60 SF/Yr

    Modern Medical Office Building, South Miami

    Lot size:
    10,592 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional Class A, 10,592-square-foot medical office building is situated on a 30,336-square-foot lot at 5620 SW 67th Ave, South Miami, FL 33143. Built in 2024, this two-story, single-tenant building features one stretcher cab elevator and ample parking with 44 spaces. Its convenient location offers easy access to major roadways including US-1, Miller Drive, Bird Road, and Sunset Drive, ensuring excellent visibility and accessibility for patients and staff. The building is zoned RU-5A-Semi-professional Office District, ideal for a variety of medical uses, including ambulatory surgical centers or professional offices. The property boasts a modern design and construction, providing a high-quality environment for medical practices. This is a rare opportunity to acquire a brand-new, state-of-the-art medical facility in a thriving South Miami location. The building's single-tenant occupancy provides stability and ease of management. Construction is complete.

    Property Features for 5620 67 Ave

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    10,592 SF
    Class
    A
    Total Rate
    52960

    Building Details

    Year Built
    2024
    Buildings
    1
    Stories
    2

    Unit(s) available at that property

    Space
    Size
    10,592 SF
    Rate per SF
    $60
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    LUDLAM MEDICAL CENTER Medical Center

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    South Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.302309405196
    Latitude
    25.7177860095

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    FAQs

    What type of property is this?
    Medical office - Modern Medical Office Building, South Miami
    Where is this medical office located?
    The property is located at 5620 67 Ave South Miami, FL.
    What is the lease rate?
    The lease rate is $60 SF/Yr.
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    5620 67 Ave South Miami, FL 33143
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    South Miami, FL 33143
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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
    5620 67 Ave South Miami, FL 33143
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