Upscale Office Tower Space
For Sale
Contact for pricing
9700 S Dixie Hwy, Miami, FL 33156
Professional office space with high-end finishes and convenient location.
Property Size133,269 SF
Price / SF$0.00
Days on Market330
Property Features for 9700 S Dixie Hwy
General Information
Standard status
Active
Size
133,269 SF
Class
B
Property subtype
Office
Lease Term
+ Electric and Janitorial
Building Details
Building Size
133,269 SF
Year Built
1982
Properties For Sale
at 9700 S Dixie Hwy
9700 S Dixie Hwy (Sublease)
Size
9,575 SF
Type
Office Building
Term
Negotiable
Listing Agency:
NAI Miami - Corporate
Listed By:
Richard Bamonte
(305) 205-8569
Source:
Naiglobal
Added: Nov 22, 2025
Changed: Oct 15
Last Checked: Oct 16 at 6:58AM
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 NAI Miami - Corporate
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Investment Insights
Based on property information with market context.
Located at the intersection of Palmetto Expy and US-1, this professional and upscale office tower offers approximately 9,575 rentable square feet on the 5th floor, with the potential for a total of approximately 19,080 rentable square feet. The space includes 19 private offices situated along the window line. The building features a recently remodeled lobby and common areas, providing a high-end environment. Security is ensured with lobby security and secure access. The 5th floor includes private restrooms. Abundant covered parking is available. Excellent accessibility is provided at the signalized intersection of 98th Street and US1. A full-floor tenant has the opportunity for building signage. The property is within a 5-minute walk to Dadeland Mall and its surrounding amenities, as well as various fast-casual and full-service restaurants and banks.
Key Highlights
- Strategically located at the intersection of Palmetto Expy and US‑1, with excellent access.
- Up to ± 19,080 RSF available, including ± 9,575 RSF on the 5th floor.
- 19 private offices along the window line.**
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$3,823,154
Suggested Prices Based on Cap Rates
Cap Rate 5%
$76,463,080
$76.5M
Cap Rate 7%
$54,616,486
$54.6M
Cap Rate 9%
$42,479,489
$42.5M
Market Conditions
NOI Build-Up for 133,269 SF
Gross rent
$6.00M $45.00/SF
− Vacancy
−$899.6K −$6.75/SF
EGI
$5.10M $38.25/SF
− OpEx
−$1.27M −$9.56/SF
NOI
$3.82M $28.69/SF
Area
Miami, FL
Vacancy
15.00%
Lease Rate
$45.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$76,463,080
Cap Rate 7%
$54,616,486
Cap Rate 9%
$42,479,489
Alternative Uses
Best Use
Office B
$54.62M
$47.79M – $63.72M
NOI $3,823,154 @ 7.0% cap · market cap 13,902,378.18%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$89.96M
$78.71M – $104.95M
NOI $6,297,020 @ 7.0% cap · market cap 22,898,254.55%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
3,387
Businesses Nearby
Explore this area
Business Placement
Demographics for 33156, FL
34,036
Population
13,215
Households
2.6
Avg Household Size
42
Median Age
66%
College-Educated
97%
High-School Grad
13.9 sq mi
ZIP Area
2,449
Density / Sq Mi
$134,720
Median Household Income
$66,117
Median Earnings
$1,936
Median Rent
$1,063,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Miami, FL
Frequently Asked Questions
What type of property is this?
Office units - Professional office space with high-end finishes and convenient location.
Where is this office units located?
The property is located at 9700 S Dixie Hwy Miami, FL.
What are key features of this property?
This property features: Strategically located at the intersection of Palmetto Expy and US‑1, with excellent access.; Up to ± 19,080 RSF available, including ± 9,575 RSF on the 5th floor.; 19 private offices along the window line.**
