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9950 SW 56th St 1.07 Acres of Commercial Land Offered at $5,360,035 in Miami, FL 33165



INVESTMENT HIGHLIGHTS
- Substantially Approved Plans in Hand for a +/- 28,706 SF Office Building
- Affluent Residential Surroundings with Nearby Access to the University of Miami
- Prime Frontage and Visibility on a Highly Trafficked Corridor
- Convenient Access to Public Transit
EXECUTIVE SUMMARY
Blanca Commercial Real Estate is pleased to be appointed as the exclusive agent for the sale of The Miller Drive Site, a +/- 1.07-acre parcel in the heart of South Miami. The offering includes substantially approved plans for a +/- 28,706 square foot, three-story medical or professional office building, designed with modern architecture and supported by abundant surface parking with a ratio of 4.01:1,000. This project presents a rare opportunity to bring a Class-A development to one of South Miami’s most prominent corridors.
The site offers exceptional positioning for medical practices. With +/- 165 feet of frontage along SW 56th Street (Miller Drive), it captures exposure to approximately 38,000 vehicles per day, ensuring prominent visibility. Its strategic location places it at the midpoint between three of South Florida’s largest and most prestigious hospital systems - Baptist Health’s North Kendall campus, HCA Florida Kendall Hospital, and Baptist Health South Miami Hospital. The Miller Drive Site offers optimal convenience for medical professionals seeking to serve a broad referral base and optimize patient access.
Beyond its prime medical adjacency, the Miller Drive Site serves as a strategic gateway location, seamlessly connecting two of Miami-Dade’s most established submarkets: Coral Gables and Kendall. This central position, combined with high visibility, makes it an ideal destination for professional office users seeking a prominent and accessible presence. Predominantly single-family residential neighborhoods characterize the surrounding area, marked by high homeownership rates and average household incomes exceeding $100,000, providing a robust and affluent client base for any professional enterprise.
The Miller Drive Site’s strategic positioning, combining exceptional medical adjacency and a pivotal gateway between key commercial submarkets, creates an unparalleled offering. High visibility and robust surrounding demographics further solidify its value. This is a rare chance for developers and owner-users to establish a significant, long-term presence in one of Miami’s most established, resilient, and high-demand corridors.
The site offers exceptional positioning for medical practices. With +/- 165 feet of frontage along SW 56th Street (Miller Drive), it captures exposure to approximately 38,000 vehicles per day, ensuring prominent visibility. Its strategic location places it at the midpoint between three of South Florida’s largest and most prestigious hospital systems - Baptist Health’s North Kendall campus, HCA Florida Kendall Hospital, and Baptist Health South Miami Hospital. The Miller Drive Site offers optimal convenience for medical professionals seeking to serve a broad referral base and optimize patient access.
Beyond its prime medical adjacency, the Miller Drive Site serves as a strategic gateway location, seamlessly connecting two of Miami-Dade’s most established submarkets: Coral Gables and Kendall. This central position, combined with high visibility, makes it an ideal destination for professional office users seeking a prominent and accessible presence. Predominantly single-family residential neighborhoods characterize the surrounding area, marked by high homeownership rates and average household incomes exceeding $100,000, providing a robust and affluent client base for any professional enterprise.
The Miller Drive Site’s strategic positioning, combining exceptional medical adjacency and a pivotal gateway between key commercial submarkets, creates an unparalleled offering. High visibility and robust surrounding demographics further solidify its value. This is a rare chance for developers and owner-users to establish a significant, long-term presence in one of Miami’s most established, resilient, and high-demand corridors.
PROPERTY FACTS
| Price | $5,360,035 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 1.07 AC |
| Property Type | Land | No. Stories | 1 |
| Zoning | 2200 - General Commercial | ||
| Price | $5,360,035 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 1.07 AC |
| No. Stories | 1 |
| Zoning | 2200 - General Commercial |
1 LOT AVAILABLE
Lot
| Price | $5,360,035 | Lot Size | 1.07 AC |
| Price Per AC | $5,009,378.50 |
| Price | $5,360,035 |
| Price Per AC | $5,009,378.50 |
| Lot Size | 1.07 AC |
The Miller Drive Site
DESCRIPTION
Minutes from Major Thoroughfares – Florida Turnpike, Don Shula Expressway (SR 874), Snapper Creek Expressway (SR 878), and US-1. Strategic Positioning Between Three Major Medical Systems
PROPERTY TAXES
| Parcel Number | 30-4029-003-0130 | Improvements Assessment | $28,828 |
| Land Assessment | $1,211,834 | Total Assessment | $1,240,662 |
PROPERTY TAXES
Parcel Number
30-4029-003-0130
Land Assessment
$1,211,834
Improvements Assessment
$28,828
Total Assessment
$1,240,662
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9950 SW 56th St
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