9299 152Nd St Miami, FL 33157

This exceptional 3,018 square foot medical office building, located at 9299 SW 152nd St #200 in Palmetto Bay, Florida, presents a compelling investment opportunity. Situated in the desirable Coral Reef Medical Park, this property enjoys a prime location directly across the street from Jackson South Medical Center, offering unparalleled visibility and accessibility. Its corner location at US1 and SW 152nd Street ensures high traffic exposure, further enhanced by its proximity (just 2 miles) to the Florida Turnpike, providing excellent transportation connections. Built in 1978 and recently renovated, the building boasts a brand-new roof (2023) and a state-of-the-art elevator (2023), ensuring modern functionality and efficiency. The interior layout is well-designed for medical practice, featuring 12 doctor offices/exam rooms, two spacious waiting areas, two dedicated receptionist rooms, a fully equipped kitchen, three bathrooms, a storage room, and a shower. Currently, the building is 95% occupied by high-quality tenants, generating a strong cap rate exceeding 7.32%. This translates to a solid return on investment and promises long-term financial stability for the discerning investor. The asking price for this exceptional property is $1,599,900. This is a rare opportunity to acquire a thriving medical office building in a high-demand location. The property's strong tenant occupancy, prime location, and recent upgrades make it an ideal investment for those seeking a stable and profitable venture in the South Florida market. The property is located in Miami-Dade County, Florida, zip code 33157.