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Updated Office Building For Sale

9440 SW 77th Ave Miami, FL 33156

9440 SW 77th Ave, Miami, FL, 33156
$3,150,000
For Sale
Claim this Listing
$3,150,000

Two-story office building with updates, suitable for various professional businesses.

Property Size5,000 SF
Lot Size0.29 Acres
Price / SF$630
AddedMay 16
Days on Market60
Last RefreshJul 2 at 7:04 pm

Property Features for 9440 SW 77th Ave

General Information

Standard status
Active
Size
5,000 SF
Lot size
0.29 Acres
Property subtype
Commercial

Building Details

Year Built
1988

Listing office BHHS EWM Realty

Listing date May 16, 2026

Source Elliman

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 BHHS EWM Realty


Investment Insights

Based on property information with market context.

This two-story professional office building, constructed in 1988 with a second-floor addition in 2005, offers over 5,000 square feet of office space. The building is currently occupied by an insurance company and is suitable for medical, real estate, or other professional businesses. The first floor features a reception area, an open space suitable for cubicles, five offices, two bathrooms, and a kitchen/breakroom. The second floor includes a conference room, an additional open office area, a second kitchen/break room, and two more bathrooms. An elevator and impact windows/doors are included. Furniture is negotiable. The property is situated on a 12,775 square foot lot with manicured landscaping and includes 15 parking spaces. A diesel-powered backup generator is present. The location is near similar businesses and major roadways, including the Palmetto Expressway, Dadeland Mall, Downtown Dadeland, Pinecrest, and Baptist Hospital.

Key Highlights

  • Over 5,000 sq ft of updated office space suitable for various professional businesses.
  • Excellent location near major roadways, businesses, Dadeland Mall, Downtown Dadeland, Pinecrest, and Baptist Hospital.
  • Expansive 12,775 sq ft lot with manicured landscaping and 15 parking spaces.

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $225.0k $45.00
− Vacancy −$33.8k −$6.75
EGI $191.3k $38.25
− OpEx −$47.8k −$9.56
NOI $143.4k $28.69
5,000 SF · lease $45.00/SF/yr · vacancy 15.00% · expense 25.00%

Alternative Uses

Best Use
Office B
$2.05M
$1.79M – $2.39M (±1% cap)
NOI $143,438 @ 7.0% cap · market cap 4.55%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$3.38M
$2.95M – $3.94M (±1% cap)
NOI $236,252 @ 7.0% cap · market cap 7.50%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Filer Insurance, Inc. Insurance Agency Joseph C. Filer ... Photography Service Beraza Marielle Insurance Agency

Suggested Use

Daycare Center (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Barber Shop Food Market (Bike/Boat/Book/etc) Store Discount Store Restaurant Locksmith Fish Market

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

FAQs

What type of property is this?
Office building - Two-story office building with updates, suitable for various professional businesses.
Where is this office building located?
The property is located at 9440 SW 77th Ave Miami, FL.
What is the asking price?
The asking price for this property is $3,150,000.
What are key features of this property?
This property features: Over 5,000 sq ft of updated office space suitable for various professional businesses.; Excellent location near major roadways, businesses, Dadeland Mall, Downtown Dadeland, Pinecrest, and Baptist Hospital.; Expansive 12,775 sq ft lot with manicured landscaping and 15 parking spaces.
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More about this property
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