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2801 3rd Ave, Miami, FL 33129
Offering:
For Sale
Location:
Miami, FL 33129
Status:
Active
$8,000,000
Deemed reliable but not guaranteed.
Details
Year built:
2019
Lot size:
9,687 sq ft
Style:
Detached
Days on market:
71
Type:
Mixed-Use
MLS ID
A12034396
Virtual tour:
Listed by:
Premier Properties (PPAG01)
Listing office phone:
305-790-6125
Listing office email:
Listing agent:
Ivette Agusti (0650960)
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.
Price history
$10,000,000 → $8,000,000
·
Reduced by
$2,000,000 (20.0%) · 3 price changes
Location
2801 SW 3rd AveMiami, FL 33129
MLS information
Last updated Sep 24, 2026
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