2801 SW 3rd Ave, Miami FL 33129
Mixed Use in Miami
$10,000,000
n/a
n/a
n/a
Mixed Use, Commercial Sale
Details
Overview
Description
Free-standing Class A Brickell medical office building. Built in 2019, CBS construction, 23,231 SF, underground parking, floor-to-ceiling glass, rooftop area. T6-8O under Miami 21, highest-intensity urban core transect — medical offices, surgical suites, outpatient procedure centers, dental/oral surgery operations by right; vacancy sits at a historic low of 6.1%-new construction supply is virtually nonexistent. Over $4M in tenant improvements and medical buildout, Current Miami Class A medical rates of $110–$130/SF NNN — pro forma NOI of over $600,000 and a stabilized value well in excess of the asking price. At $10,000,000 — representing $865/SF on net rentable area — this offering is priced significantly below the qualified closed-comp average of $851–$994/SF for far inferior, older product on the same corridor. Replacement cost alone for new surgical-grade medical construction exceeds $450–$1,020/SF, making this a rare opportunity to acquire an irreplaceable asset below replacement cost. The seller is motivated and open to offers. A fast closing is preferred. This is an exceptional opportunity for an owner-user, medical operator, or healthcare investor seeking a trophy medical asset in one of the strongest medical office markets in the United States.
This mixed use home located at 2801 SW 3rd Ave, Miami FL 33129 is currently for sale and has been available on Brickellsold for 3 days. This property is listed at $10M. It has N/A beds, N/A bathrooms, and is N/A square feet. It was built in 2019. 2801 SW 3rd Ave, Miami FL 33129 is in Miami county Miami-Dade County.
Interior
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Property
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Construction
- Year Built: 2019
Community & HOA
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Financial
Metadata
Neighborhood Insights
School and crime data are from public sources and are informational only.
Nearby Schools
Within 5 miles
- CORAL WAY K-8 CENTERA • 0.0 mi • K-12
- MATER BRICKELL ACADEMY HIGHA • 0.0 mi • K-12
- SHENANDOAH MIDDLE SCHOOLB • 0.0 mi • K-12
- SOUTHSIDE PREPARATORY ACADEMYA • 0.0 mi • K-12
- ALPHA CHARTER OF EXCELLENCEC • 0.0 mi • K-12
- ADA MERRITT K-8 CENTERA • 0.0 mi • K-12
Nearby Hospitals
Within 3 miles
No nearby hospitals found.
Crime Overview
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