Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    3270 NW 36Th St Miami, FL 33142

    • Medical offices
    • 4,256 SF
    • 0.15 lot acres
    For Sale
    View listing
    $2,500,000
    Last Sale
    Nov 10, 2021
    $1,425,000
    Value Estimations
    Cap Rate Potential
    4%
    Medical offices
    Location Intelligence
    Property ID
    US18-2472862
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Goals Plastic Surgery / Plastic Surgeon
    • Occupational Medical Center / Medical Clinic / General Practitioner
    • Lab Testing 4U / Std Testing Service
    • Ryon Thomas N MD / Doctor

    Property Details for 3270 NW 36Th St

    Year built
    1948
    Construction
    CONCRETE
    Lot size
    0.15 lot acres
    Property size
    4,256 SF
    Zone code
    6100:COMMERCIAL,NEIGHBRHD
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    01-3128-013-0790
    APU
    131280130790

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $1,760,000
      ML approach
      $1,890,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $1,175,000
      6.5%
      $1,085,000
      7%
      $1,005,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,286,000
      Market price range: $1.13M - $3.14M

    • Alternative Use

      Use
      Estimation
      MEDICAL BUILDING
      $1,870,000
      Current use
      COMMERCIAL (GENERAL)
      $1,955,000
      Change: +5% Conversion: Easy

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-dade
    State
    Florida
    Longitude
    -80.2498
    Latitude
    25.8085
    CBSA code
    33100
    CBSA name
    MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $12,704
    $540,000
    $179,631
    $719,631
    -
    $540,000
    $179,631
    $719,631

    Comparable in this City

    • Value Estimation
      $620,000
      3,859 SF

      1501 36th St

      MEDICAL BUILDING • 3,859 SF
      1501 36th St, Miami, FL 33142-5559
      View Details
    • Value Estimation
      $1,830,000
      12,430 SF

      2400 54th St

      MEDICAL BUILDING • 12,430 SF
      2400 54th St, Miami, FL 33142-2946
      View Details
    • Value Estimation by Request
      5,346 SF

      4100 17Th Ave

      Office space • 5,346 SF
      4100 17Th Ave, Miami, FL 33142
      View Details
    • Value Estimation
      $5,670,000
      30,985 SF

      5355 22nd Ave

      HOSPITAL - PRIVATE • 30,985 SF
      5355 22nd Ave, Miami, FL 33142
      View Details
    • Value Estimation
      $3,245,000
      73,119 SF

      2200 26th St

      HOMES (RETIRED, NURSING) • 73,119 SF
      2200 26th St, Miami, FL 33142
      View Details
    • Value Estimation
      $8,090,000
      66,646 SF

      1442 22nd St

      HOMES (RETIRED, NURSING) • 66,646 SF
      1442 22nd St, Miami, FL 33142
      View Details

    Similar Nearby for Sale

    • $5,300,000
      11,600 SF

      Allapattah Retail Building Investment

      Miami medical office, high growth area
      3500 17Th Ave, Miami, FL 33142
      View Details
    • Contact for pricing

      High-Exposure Property on NW 27th

      Flexible commercial building ideal for medical, retail, or office uses.
      4634 NW 27Th Ave, Miami, FL 33142
      View Details
    • $2,500,000
      0.47 Acres

      Miami Office Buildings and Land

      Two office buildings with additional house and development potential.
      3288 NW 36Th St, Miami, FL 33142
      View Details
    • Contact for pricing
      13,837 SF

      Class A Medical Office Building

      Modern medical office space in Miami's Westchester submarket.
      9101 Southwest 24Th Street Rd, Miami, FL 33142
      View Details
    • $5,750,000

      Miami Medical Office Building For Sale

      11,072 SF medical office building in strategic healthcare corridor.
      2901 NW 17Th Ave, Miami, FL 33142
      View Details
    • $2,500,000
      0.47 Acres

      Miami Commercial Site for Development

      Versatile site for development or existing office/medical use.
      3270 NW 36Th St, Miami, FL 33142
      View Details

    Similar Nearby for Lease

    • $25 SF/Yr
      5,346 SF

      Miami Retail Space: 4100 NW 17th Ave

      High-Visibility Retail Opportunity
      4100 17Th Ave, Miami, FL 33142
      View Details
    • $3,875 /Mo
      1,500 SF

      Adaptable Space in Growing Submarket

      1,500 SF space suitable for retail, creative, or office uses.
      2100 NW 22Nd Ct, Miami, FL 33142
      View Details
    • $28 SF/Yr
      9,039 SF

      Allapattah Flex Office Space Available

      Air-conditioned flex office space in Allapattah, near Wynwood.
      771 NW 28Th St, Miami, FL 33142
      View Details
    • $20 SF/Yr
      21,100 SF

      Allapattah Warehouse: Miami Flex Space

      Miami warehouse/office space for lease. Multiple suites available.
      1344 22Nd St, Miami, FL 33142
      View Details
    • $35 SF/Yr
      2,730 SF

      Doral Flex Space Available

      Flex space with office and small warehouse area for rent.
      2782-2818 NW 29Th St, Doral, FL 33142
      View Details
    • $2,200 /Mo

      Miami Office Space For Rent

      Centrally located office space near Miami International Airport available for rent.
      2721 NW 42Nd Ave, Miami, FL 33142
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3270 NW 36Th St
    Miami, FL 33142
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.