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Property profile & analytics
OFF-MARKET
Medical Office Space

648 South Dr Miami Springs, FL 33166

1,848 SF Built 1946
Property ID
US18-5324301
Property summary
AI-generated overview

This exceptional 1,848-square-foot office building presents a unique owner-user opportunity in Miami Springs, Florida. Located at 648 South Dr, 33166, this single-story, 1946-built structure sits on a 9,656-square-foot lot zoned 6100 COMMERCIAL - NEIGHBORHOOD. Currently vacant, the property offers immediate occupancy for a variety of businesses, including architectural, legal, engineering, real estate, or insurance firms. The building features impact windows, a tile roof in good condition (no leaks reported), and original hardwood floors requiring refurbishment. The asking price is $950,000, translating to $514.07 per square foot. This represents a compelling investment opportunity, allowing for immediate occupancy and future redevelopment potential within the Northwest 36th Street District. Its convenient location offers proximity to Miami Freedom Park and Miami International Airport. The property is ideal for a business seeking to build equity and escape the costs of renting. This is a rare chance to acquire a well-located, versatile commercial property in a thriving area.

Property profile
Verified
Property type Medical Office Space
Year built 1946
Total area 1,848 SF
UPID US18-5324301
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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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