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9765 SW 184th St 12,418 SF Office Building Miami, FL 33157 $4,999,000 ($402.56/SF)
INVESTMENT HIGHLIGHTS
- Centrally located existing medical center in Palmetto Bay, property can be re-purposed as a school or company in need of plenty of parking.
- Comparable Development: Adjacent 108-unit apartment building on similar lot
- Prime corner location just steps from US-1 and major thoroughfares
- Development Potential: Ideal for repositioning, renovation, or redevelopment
- Investment Appeal: Rare scale, flexible zoning, and strategic location for owner-users or developers
- Zoned for multiple uses including medical, office, and mixed-use
EXECUTIVE SUMMARY
This exceptional property presents a rare opportunity to acquire one of the largest standalone commercial buildings in Palmetto Bay, currently operating as a medical center. This exceptional property offers a rare opportunity to acquire one of the largest standalone commercial buildings in Palmetto Bay, currently operating as a medical center. Strategically positioned just 350 feet off US-1 (S. Dixie Hwy) and minutes from Old Cutler Road and the Florida Turnpike, the site delivers unmatched accessibility and visibility in one of Miami’s most desirable submarkets.
Situated on a prominent corner lot spanning nearly three-quarters of an acre, the ±14,000 SF building is ideal for repositioning, renovation, or redevelopment. Zoned BO (Business Office), the property supports a wide range of uses including medical, professional office, educational facilities, or mixed-use residential development. Its scale and flexibility make it an attractive option for owner-users, developers, or investors seeking long-term value.
The property is located just five minutes north of the transformative Southland Mall redevelopment—a billion-dollar project expected to deliver over 4,000 residential units and 500,000 SF of retail space—significantly enhancing the area’s growth trajectory. Surrounded by affluent neighborhoods such as Pinecrest, Coral Gables, Coconut Grove, and Homestead, this location offers strong demographics and sustained demand for quality commercial space.
Situated on a prominent corner lot spanning nearly three-quarters of an acre, the ±14,000 SF building is ideal for repositioning, renovation, or redevelopment. Zoned BO (Business Office), the property supports a wide range of uses including medical, professional office, educational facilities, or mixed-use residential development. Its scale and flexibility make it an attractive option for owner-users, developers, or investors seeking long-term value.
The property is located just five minutes north of the transformative Southland Mall redevelopment—a billion-dollar project expected to deliver over 4,000 residential units and 500,000 SF of retail space—significantly enhancing the area’s growth trajectory. Surrounded by affluent neighborhoods such as Pinecrest, Coral Gables, Coconut Grove, and Homestead, this location offers strong demographics and sustained demand for quality commercial space.
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
Redevelopment Project
Property Type
Office
Building Size
12,418 SF
Building Class
C
Year Built/Renovated
1972/2008
Price
$4,999,000
Price Per SF
$402.56
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
6,209 SF
Building FAR
0.39
Lot Size
0.73 AC
Opportunity Zone
Yes
Zoning
RU-5, County - Multifamily
Parking
16 Spaces (1.29 Spaces per 1,000 SF Leased)
AMENITIES
- Bus Line
1 1
Walk Score®
Very Walkable (79)
PROPERTY TAXES
| Parcel Number | 33-5032-007-0570 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,840,204 |
PROPERTY TAXES
Parcel Number
33-5032-007-0570
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,840,204
CONTACTS
-
Giovanni Bertolotti -
Eric Cruz -
Carlos Fausto Miranda -
Fausto Commercial Realty Consultants
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9765 SW 184th St
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