Jose Mesa Franco - Domi Real Estate Advisors Logo
$9,500,000
( $408.94Per Sq Foot )
 $50,998 est/mo Sourced by Back At You

2801 SW 3rd Ave,Miami, FL 33129

Miami, FL 33129

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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.

Details

MLS #A12034396
Listing TypeFor Sale
StyleMixeduse
Sub-TypeResale
StatusActive
Year2019
Days On Site78
Listing Provided ByPremier Properties | Ivette Agusti

Features

SQ Feet23,231
Zoning6100
Acreage9687.00

Area Information

StateFL
CountyMiami Dade
CityMiami
Zip Code33129
Area41
Listing VS Median (in 33129)
Price:
$9,500,000
low | high
Med:
$450,000
100% of Average
sqft:
23,231
low | high
Med:
658
100% of Average
$ / sqft:
$409
low | high
Med:
$684
17.236442169253% of Average
On site:
78
low | high
Med:
34
100% of Average
Sourced by Back At You

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Learn More About This Property

Jose Mesa Franco

Jose Mesa Franco

DoMi Real Estate Advisors

SL3578526Licensed Real Estate Salesperson (305) 492-9670jose@domirealestate.com
StateFL
CountyMiami Dade
CityMiami
Zip Code33129
Area41
Listing VS Median (in 33129)
Price:
$9,500,000
low | high
Med:
$450,000
100% of Average
sqft:
23,231
low | high
Med:
658
100% of Average
$ / sqft:
$409
low | high
Med:
$684
17.236442169253% of Average
On site:
78
low | high
Med:
34
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $7.125M - $11.875M
sqft: 17,000 - 29,000
Nearby Listings Property ImageNearby Listings Details
2801 SW 3rd Ave Property Photo 1
$60
2801 Sw 3rd Ave
Miami, FL 33129
Listing Updated: July 13, 2026 at 2:20:02 AM PDT

Jose Mesa Franco - Domi Real Estate Advisors