2801 Sw 3rd Ave

Miami, FL 33129

$9,500,000
  • 0.22 Acre

2801 Sw 3rd Ave
Miami, FL 33129

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41 / Miami / FL

Mixed Use HIGHLIGHTS

  • Property Type

    Commercial Sale, Mixed Use

  • Style

    Detached

  • Year Built

    2019

Listing courtesy of Ivette Agusti of Premier Properties.

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.
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  • Acres

    0.22 Acres

  • Lot Size

    9,687 Sqft

  • MLS #

    A12034396

  • Property Type

    Mixed Use

  • Year Built

    2019

  • Architectural Style

    Detached

  • Building Area Total

    23231

  • Structure Type

    Office

  • Year Built

    2019

  • Zoning Description

    6100

in US Dollars

%

Total/Month

  • Principal & Interest

 *The values provided are approximate. For more precise information, please contact a BHS agent who can offer further assistance.

2801 Sw 3rd Ave

Location

Nearby Points of Interest

  • Meridian Pain & Diagnostics

    Health Care, Independent

  • Meridian Spinal Therapeutics Interventional Pain Medicine

    Health Care, Independent

  • Meridian Spine & Interventional Pain

    Health Care, Independent

  • Surfside Anesthesia Services, Inc

    Health Care, Independent

  • D N Age Medical

    Health Care, Independent

Data courtesy of LocalLogic.co

The Roads
Neighborhood

The Roads

The Roads, located just west of Brickell and Downtown Miami, is a historic neighborhood known for its distinctive street layout and central location. Designed in the 1920s with wide, tree-lined avenues that cut diagonally through Miami’s...

2801 Sw 3rd Ave

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Information deemed reliable but not guaranteed. Information is provided, in part, by Greater
Miami MLS. This information being provided is for consumer's personal, non-commercial use and may
not be used for any other purpose other than to identify prospective properties consumers may be
interested in purchasing.


This information being provided is for consumer's personal, non-commercial use and may not be
used for any other purpose other than to identify prospective properties consumers may be interested
in purchasing.