Property profile

351 NW 42Nd Ave 409 Miami, FL 33126

FOR SALE
Office Spaces
Property ID
US18-8257641
Built 1987
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Property summary

AI-generated overview

This exceptional 1,008 square foot office space is located in the prestigious LeJeune Executive Building at 351 NW 42nd Ave #407, Miami, FL 33126. Built in 1987, this sixth-floor corner unit is ideally suited for medical or professional practices. The asking price is $490,000. The space boasts a well-designed layout including a welcoming reception/waiting area, four private offices (three ideal for exam rooms and one for a doctor's office), two bathrooms, a convenient pantry, and dedicated storage space. Its prime location offers easy access to Miami International Airport, SR 836 Highway, and the Coral Gables area, making it an attractive option for businesses seeking high visibility and convenient access to major transportation routes. The building itself is a single six-story structure, providing a professional and efficient work environment. This turnkey opportunity presents a rare chance to acquire a well-appointed office space in a highly desirable Miami location. The unit's layout is specifically designed to meet the needs of medical or professional practices, offering a functional and comfortable space for both staff and clients. Don't miss this chance to own a piece of Miami's thriving business community.

Property profile

Verified
Property type Office Spaces
Year built 1987
UPID US18-8257641

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Medical Clinic
  • Dental Office
  • Dental Office
  • Physician
  • Physician Medical Clinic

Location

351 NW 42Nd Ave, Unit 409 Miami, FL 33126
Miami metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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