1350 Red Rd Miami, FL 33144
This exceptional investment opportunity presents two contiguous units totaling approximately 4,084 square feet, ideally situated in West Miami, Florida. The property, a four-story apartment building constructed in 1984, currently operates as a medical office. Both units (folios 1540120750160 and 0170) are being sold together and will be vacant upon closing. Each unit offers approximately 2,042 square feet of usable space, providing ample room for a variety of medical or professional uses. The building's strategic location offers unparalleled convenience, situated near Nicklaus Children's Hospital and across the street from Coral Gables. Its proximity to the 836 Expressway ensures easy access to major transportation arteries, and the Coral Gables business district is just a five-minute drive away. The asking price for this turnkey medical office property is $875,000, presenting a compelling opportunity for investors seeking a well-located, established asset in a thriving South Florida market. The property is located at 1350 SW Red Rd #16, West Miami, FL 33144, within Miami-Dade County. This is a rare chance to acquire a substantial property in a highly desirable area with significant growth potential. The property's current configuration as a medical office, combined with its prime location, makes it an attractive prospect for both medical professionals and investors seeking a strong return on investment.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.