9055 SW 87th Avenue, Miami, FL 33176

$11,342,000
Property Type: Commercial Sale Square Footage: 43,736 Status: Closed
Current Price: $11,342,000 List Date: 4/01/2018 Last Modified: 12/23/2025

Overview

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.

Listing Details MLS# A10512111

General Property Information

Number Of Buildings
5
Property Sub Type
Office
Occupant Type
Tenant
Building Area Main
43736
Year Built
1973
Year Built Details
Resale
Parking Total
149
Lot Size Area
127195
Lot Size Acres
2.92
Accessibility Features YN
Yes
Stories Total
Yes
Leasable Area
38766

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

Contract Information

Comp Sale YN
No
Original List Price
11900

Location and Legal

Country
United States
County Or Parish
Miami-Dade
County Parish Name
Miami-Dade
Street Number
9055
Street Direction Prefix
SW
Street Name
87th
Street Suffix
Avenue
City Name
Miami
Municipal Code
30
State Or Province
FL
Postal Code
33176
Postal Code +4
2306
Area
2500
Parcel Number
3050030000450
Multiple Offers Accepted
Yes
Zoning
6900
Flood Zone
AH,X
Directions
Take N. Kendall to SW 87 Ave (Galloway Rd) Turn left. Property on left hand side.

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

Status Change Information

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
Buyer Financing
Cash

More Information

Building and Property Details

# Of Offices
33
# Of Tenants
39
Door Height
8-10'
Improvement Height
1 Story

Distance To Information

Miles to Beach
15
Miles to Expressway
Yes

Meter Information

Number Of Meters Total
Yes

Short Sale Details

Short Sale Addendum
No

Income and Expenses

Inc/Exp Statement Period
Dec. 2017
Occupancy Percentage
95

Buyer Details

Intended Use
Investment

Concessions

Seller Concessions
No

Section Details

Parcel Number MLX
0450

Originating Details

Originating System Key
292994306
Originating System ID
M00000151
IDX
Listing Office: RE/MAX Advance Realty
Last Updated: December - 23 - 2025
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.
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