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Property profile & analytics
OFF-MARKET
Office Spaces

909 Miami Beach Blvd North Miami Beach, FL 33162

Built 1970
Property ID
Property summary
AI-generated overview

This exceptional 1,518 square foot office condo, located at 909 N Miami Beach Blvd #203 in North Miami Beach, Florida, presents a unique investment opportunity. Built in 1970 and recently renovated, the building boasts a completely updated elevator, impact windows and doors, a modern lobby, renovated hallways, new flooring, and updated lighting throughout. Unit 203 is ideally configured for a medical practice, featuring seven exam rooms, two bathrooms, a spacious lobby, and a welcoming reception area. Its excellent 6:1 parking ratio caters to the needs of both patients and staff, making it equally suitable for other professional uses such as law firms or accounting practices requiring high client traffic and in-person meetings. The property enjoys prominent street-front visibility, offering significant potential for increased business. Situated just five minutes from Aventura, this location provides easy access to major transportation routes and a thriving commercial district. This unit is also available as part of a larger six-unit portfolio. The property is located in Miami-Dade County, Florida, zip code 33162. This turnkey office space offers immediate occupancy and significant upside potential. The asking price is $295,554.

Property profile
Verified
Property type Office Spaces
Year built 1970
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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