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Property profile & analytics
FOR LEASE
Medical Office Space

3659 S Miami Ave Miami, FL 33133

127,692 SF 4.56 ac lot Built 1973
Entity Owned 12-yr Hold Free & Clear
Property ID
US18-6096366
Property summary
AI-generated overview

This six-story, Class B medical office building in Miami, Florida, offers 69,000 square feet of space, with a minimum divisible unit of 927 square feet and a maximum contiguous space of 5,501 square feet. Currently, 21,806 square feet is available for lease. The building boasts an excellent location between Downtown Miami and Coconut Grove, offering beautiful Biscayne Bay views. It's directly connected to Mercy Hospital via a second-floor skyway, providing convenient access for patients and staff. The building features a diverse mix of medical specialties already established, including OB/GYN, Cosmetic and General Surgery, Orthopedics, Pediatrics, Internal Medicine, Family Practice, Neurology, Rheumatology, Podiatry, Oncology, Pulmonology, ENT, Urology, Dermatology, and Gastroenterology. On-site amenities include a restaurant, covered patient drop-off with valet service, and a convenient parking garage. This is a prime opportunity to establish or expand your medical practice in a thriving, well-established medical environment. The address is 3659 S Miami Ave, Miami, FL 33133.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1973
Construction CONCRETE
Total area 127,692 SF
Lot 4.56 ac (198,629 SF)
Zoning code 8000:COMMUNITY FACILITY
APN 01-4114-027-0012
UPID US18-6096366
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
Current use
Occupant on record · Public records
  • Hopital Yoli Hospital
  • LissetteDcortazarMDPA Physician
  • Santiago Pujals, MD Physician
  • Dr. Myron M. Persoff, MD Physician Medical Clinic
  • Dr. Lily S. Rocha, MD Pediatrician Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$32.53M
Comparable Approach Comparable
by Request
Blend (final) Blend
$26.79M
Owner & transaction history
Hcp Mob Miami LLC · 12 yrs held
Hcp Mob Miami LLC
since 2014
3 recorded transactions
2014
$26.0M
2011
$114.6M
1969
Price N/A
Zoning & alternative use
8000:COMMUNITY FACILITY · Miami, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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