Modern Pinecrest Office Building For
9500 SW 77th Ave Miami, FL 33156
9500 SW 77th Ave, Miami, FL, 33156
$5,500,000
For Sale
$5,500,000
Two-story, 7,646 SF professional office building in Pinecrest/Dadeland corridor.
Property Size7,646 SF
Price / SF$719.33
Days on Market112
Property Features for 9500 SW 77th Ave
General Information
- Standard status
- Active
- Size
- 7,646 SF
- Property subtype
- Office
Building Details
- Year Built
- 2017
Listing agency
(954) 487-1097
Listed by
Justin Walker · License #FL #SL3384090
Source
Franklinst
Added: Apr 1 Updated: Jul 10 at 3:56PM Checked: Jul 21 at 11:22AM
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 Justin Walker
Investment Insights
Based on property information with market context.
Located in the Pinecrest/Dadeland area of Miami, Florida, this two-story professional office building offers 7,646 square feet of space. Constructed in 2017, the building is suitable for an owner-user or medical/professional practice. It features elevator access, building signage, and ample parking. The building has CBS construction, a full fire sprinkler system, and complete ADA compliance. There are 25 covered parking spaces. The layout includes a lobby, reception area, restrooms, elevator, and core areas. The property is suitable for showroom, medical, or professional use. It features a reception area, a conference room with a balcony, three executive offices (one with a private restroom), seven perimeter offices, and two open office areas that can accommodate up to four cubicles. Additional features include two restrooms, a break room, a file room, a server room, and a janitorial closet. Furniture is available. The property has visibility on SW 77th Avenue with monument and façade signage. It is located minutes from US-1, the Palmetto Expressway (SR-826), and Metrorail. Nearby are Dadeland Mall, Downtown Dadeland, Baptist Hospital, and Nicklaus Children’s Hospital. The area has strong demographics, with 100,000 residents within 3 miles and a median household income of $96,100.
Key Highlights
- Modern, standalone 7,646 SF office building built in 2017
- Prime location in the Pinecrest/Dadeland corridor with excellent visibility and signage opportunities
- Ample parking with 25 covered spaces and convenient access to major highways (US‑1, SR‑826) and Metrorail
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 | $344.1k | $45.00 |
| − Vacancy | −$51.6k | −$6.75 |
| EGI | $292.5k | $38.25 |
| − OpEx | −$73.1k | −$9.56 |
| NOI | $219.3k | $28.69 |
7,646 SF · lease $45.00/SF/yr · vacancy 15.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$3.13M
$2.74M – $3.66M
NOI $219,345 @ 7.0% cap · market cap 3.99%
Second Best
Healthcare Medical
$1.81M
$1.58M – $2.11M
NOI $126,618 @ 7.0% cap · market cap 2.30%
Theoretical Best
Specialty Retail
$5.16M
$4.52M – $6.02M
NOI $361,277 @ 7.0% cap · market cap 6.57%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
E G Auto ...
Car Dealership
Lions Insurance Group ...
Insurance Agency
Hause Real Estate ...
Real Estate Agency
Katerina Aleman
Physician
At Talitha Cumi Homecare, ...
Home Health Care Service
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FAQs
What type of property is this?
Office building - Two-story, 7,646 SF professional office building in Pinecrest/Dadeland corridor.
Where is this office building located?
The property is located at 9500 SW 77th Ave Miami, FL.
What is the asking price?
The asking price for this property is $5,500,000.
What are key features of this property?
This property features: Modern, standalone 7,646 SF office building built in 2017; Prime location in the Pinecrest/Dadeland corridor with excellent visibility and signage opportunities; Ample parking with 25 covered spaces and convenient access to major highways (US‑1, SR‑826) and Metrorail
