$11,342,000
Miami, FL 33176
MLS# A10512111
Status: Closed
43736 sqft
1 / 9
Property Description
The Florida Commercial Team and RE/MAX Advance Realty are proud to present this rare urban infill commercial office project located only one block from Baptist hospital and the Baptist Hospital Medical Complex. The Property is comprised of Five (5) multi-tenant, single story office buildings with 43,736 square feet, situated on 2.92 acres of land. The property is currently zoned RU-5A for Professional and Medical Office use. The Property occupancy rate is more than 95%. Below market for medical office, offering a new operator the opportunity to increase rents & improve cash flow. The Property may be considered as a redevelopment site. The current zoning (RU-5A) permits an increase in the square footage (per Zonar Report). This is an ideal value add opportunity.
Details
Maps
Contract Information
Comp Sale YN: No
Listing Date: 2018-04-01
Status: Closed
Original List Price: 11900
Sold Price: $11,342,000
Current Price: $11,342,000
Location and Legal
County Or Parish: Miami-Dade
County Parish Name: Miami-Dade
City Name: Miami
Municipal Code: 30
Postal Code: 33176
Subdivision Number: 0
Multiple Offers Accepted: Yes
Flood Zone: AH,X
Country: United States
Street Number: 9055
Street Direction Prefix: SW
Street Name: 87th
Street Suffix: Avenue
State Or Province: FL
Postal Code +4: 2306
Area: 2500
Parcel Number: 3050030000450
Zoning: 6900
Directions: Take N. Kendall to SW 87 Ave (Galloway Rd) Turn left. Property on left hand side.
General Property Information
Number Of Buildings: 5
Leasable Area: 38766
Occupant Type: Tenant
Accessibility Features YN: Yes
Year Built Details: Resale
Lot Size Area: 127195
Stories Total: 1
Property Sub Type: Office
Building Area Main: 43736
Year Built: 1973
Parking Total: 149
Lot Size Acres: 2.92
Currently Not Used
Ownership Type: Corporation
Office/Member Information
DXORIGMLSID: SEF
Status Change Information
Buyer Financing: Cash
Major Change Timestamp: 2018-11-05T12:43:30Z
Major Change Type: Status Change
Price Change Timestamp: 2018-07-31T13:59:41Z
Status Change Date: 2019-06-03
Under Contract Date: 2018-10-06
Close Date: 2018-11-05
Close Price: 11342000
Electric
110 Volts: 1
220 Volts: 1
Flooring
Ceramic Tile: 1
Parking Features
Other: 1
Property Condition
Resale: 1
Short Sale Details
Short Sale Addendum: No
Meter Information
Number Of Meters Total: 1
Location of Property
Corner Lot: 1
Inside Location: 1
Near Airport: 1
Possession
Negotiable: 1
Special Information
County Jurisdiction: 1
Building and Property Details
# Of Offices: 33
# Of Tenants: 39
Door Height: 8-10'
Improvement Height: 1 Story
Interior Ceiling Height: 0
Maximum Ceiling Height: 0
Building Features
Exterior Lighting: 1
Kitchen Facilities: 1
Plumbed For Medical: 1
Private Restroom(s): 1
Business Type
Medical: 1
Professional Service: 1
Ceiling
Acoustic: 1
Column Span
Unknown: 1
Distance To Information
Miles to Beach: 15
Miles to Expressway: 1
Construction Materials
CBS: 1
Listing Terms
Cash: 1
Lot Features
Landscaped: 1
Security Features
Fire Alarm: 1
Security Lights: 1
Income and Expenses
Inc/Exp Statement Period: Dec. 2017
Occupancy Percentage: 95
Source Of Expenses
Owner Provided: 1
Showing Requirements
24 Hour Notice: 1
Call Listing Agent: 1
Traffic Type
Heavy: 1
Contingencies
None: 1
Buyer Details
Intended Use: Investment
Concessions
Seller Concessions: No
Section Details
Parcel Number MLX: 0450
Financial Information
Tax Annual Amount: 99853
Tax Year: 2017
Tax Legal Description: 3 55 40 2.92 AC M/L THAT PART OF N1/2 OF SW1/4 OF NW1/4 OF NW1/4 LYG ELY OF SW 87 AVE LOT SIZE 127195 SQUARE FEET OR 18598-2652 0599 1
Originating Details
Originating System Key: 292994306
Originating System ID: M00000151
Property Features
Building Features: Exterior Lighting; Kitchen Facilities; Plumbed For Medical; Private Restroom(s)
Business Type: Medical; Professional Service
Ceiling: Acoustic
Column Span: Unknown
Electric: 110 Volts; 220 Volts
Flooring: Ceramic Tile
Location of Property: Corner Lot; Inside Location; Near Airport
Parking Features: Other
Possession: Negotiable
Property Condition: Resale
Source Of Expenses: Owner Provided
Construction Materials: CBS
Listing Terms: Cash
Lot Features: Landscaped
Traffic Type: Heavy
Security Features: Fire Alarm; Security Lights
Special Information: County Jurisdiction
Showing Requirements: 24 Hour Notice; Call Listing Agent
Contingencies: None
Listing Office: RE/MAX Advance Realty
Last Updated: December - 23 - 2025
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