Class A Medical Office
9990 SW 56 St Miami, FL 33165
9990 SW 56 St, Miami, FL, 33165
$15,850,000
For Sale
$15,850,000
New construction Class A medical office building with floor-to-ceiling glass and space for customized interior buildout.
Property Size22,657 SF
Lot Size1.25 Acres
Price / SF$699.56
Days on Market78
Property Features for 9990 SW 56 St
General Information
- Standard status
- Active
- Size
- 22,657 SF
- Lot size
- 1.25 Acres
- Property subtype
- Office
Listing agency
Chomat Realty Group
(786) 395-6626
Listed by
Margot Chomat
(786) 395-6626
Source
Xome
Added: May 6 Updated: Jul 21 at 2:10PM Checked: Jul 22 at 3:40AM
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 Chomat Realty Group
Investment Insights
Based on property information with market context.
New construction Class A medical/office building totaling approximately 22,658 square feet on approximately 1.25 acres. The building features a floor-to-ceiling glass design and high-end modern construction, and it is positioned to allow customized interior buildout.
The property offers parking at approximately 5 spaces per 1,000 square feet. The design is described as an excellent fit for medical practices, outpatient services, surgical centers, wellness concepts, or professional office users.
As offered, the asset is intended for owners and tenants seeking a modern medical/office environment with the ability to tailor interiors to their specific operating needs.
The property offers parking at approximately 5 spaces per 1,000 square feet. The design is described as an excellent fit for medical practices, outpatient services, surgical centers, wellness concepts, or professional office users.
As offered, the asset is intended for owners and tenants seeking a modern medical/office environment with the ability to tailor interiors to their specific operating needs.
Key Highlights
- 22,658 SF new construction Class A medical/office building
- Located on approximately 1.25 acres
- Floor‑to‑ceiling glass design
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 | $1.02M | $45.00 |
| − Vacancy | −$152.9k | −$6.75 |
| EGI | $866.6k | $38.25 |
| − OpEx | −$216.7k | −$9.56 |
| NOI | $650.0k | $28.69 |
22,657 SF · lease $45.00/SF/yr · vacancy 15.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$9.29M
$8.12M – $10.83M
NOI $649,973 @ 7.0% cap · market cap 4.10%
Second Best
Healthcare Medical
$5.36M
$4.69M – $6.25M
NOI $375,200 @ 7.0% cap · market cap 2.37%
Theoretical Best
Specialty Retail
$15.29M
$13.38M – $17.84M
NOI $1,070,553 @ 7.0% cap · market cap 6.75%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Medical Office Space
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FAQs
What type of property is this?
Medical Office Space - New construction Class A medical office building with floor-to-ceiling glass and space for customized interior buildout.
Where is this medical office space located?
The property is located at 9990 SW 56 St Miami, FL.
What is the asking price?
The asking price for this property is $15,850,000.
What are key features of this property?
This property features: 22,658 SF new construction Class A medical/office building; Located on approximately 1.25 acres; Floor‑to‑ceiling glass design
