Medical Space Available in Miami

  • Location: 3500 Pan American Drive, Miami-Dade County, Florida, 33133
Size: 1,400.00 - 3500.00 sq. ft.
Price: $800,000 - $1,000,000

Space Description

Modern Medical Building for Sale – Exceptional Healthcare Investment

This fully equipped medical building offers an unparalleled opportunity for healthcare providers and investors. Strategically located in a thriving area, it is ideal for clinics, diagnostic centers, or multi-specialty practices.

Prime Location: Situated in a high-visibility area, easily accessible from major highways and public transit.
Spacious Design: Well-designed layout with multiple exam rooms, offices, waiting areas, and treatment facilities.
State-of-the-Art Infrastructure: Equipped with updated HVAC, electrical systems, and plumbing tailored for medical use.
Ample Parking: Dedicated parking spaces for patients and staff, ensuring convenience.
ADA Compliant: Fully accessible design with elevators, ramps, and wheelchair-friendly features.
Nearby Amenities: Close proximity to pharmacies, labs, and other healthcare-related services for patient convenience.
This property is an excellent long-term investment for those in the medical field. Contact us now to schedule a tour and take the next step in elevating your healthcare practice!

Features

Standard Features

  • 24h access
  • Air conditioning - zoned
  • Balcony
  • Bus routes
  • Canal
  • Gym
  • LED lighting
  • Restaurant
  • Secure storage
  • Terrace

Eco & Green Features

  • Roof garden
  • Solar energy

Describe the Vibe

The Space
  • Cool & trendy
The Area

Incentives


Purchase the property and receive existing medical equipment and furniture as part of the sale, saving setup costs (details upon request).
Offer expiry date: Jul 30, 2025

Space Details

General Information

Property Category: Medical

Sale - Special Requirements: Buyers are required to disclose their intended use of the property (e.g., medical practice, clinic, or leasing to healthcare providers) as part of the purchasing process.

Property Available From: May 24, 2024


Lease Information

Lease Description: Additional Lease Information


Tenant Information

Occupied or Vacant: Occupied

Building occupied percentage: 50%

Total rent per annum: $10,000.00

Yield: 20.00%

Rent review: Yes

Additional rent review information: Rent review additional information

ERV - Estimated rental value: $10000.00

Additional ERV information: ERV more details, more details

No of tenants: 2

Lease information:

Lease 1

Lease type: Full Repairing and Insuring Lease

Name of lessee: Tenent 1

Start date: May 01, 2019

End date: May 01, 2028

Years to expiry: 4

Current rent per annum: $800.00 per sq. ft.

Lease break: Yes

Lease break options: Mutual

Years remaining until break: 2

Lease 2

Lease type: Full Repairing and Insuring Lease

Name of lessee: Tenet 2

Start date: Jun 01, 2018

End date: Jun 01, 2030

Years to expiry: 6

Current rent per annum: $700.00 per sq. ft.

Lease break: Yes

Lease break options: Mutual

Years remaining until break: 3


Building Information

External Building Condition: Average

Year Built: 1945

Last Renovated: 2016

Number of floors: 2

Construction type: Bricks

Internal & Communal Parts Condition: Average

Listed Property Condition: Newly refurbished

Property condition details : Fantastic space

Available Reports: Structural / Building Condition, Surveyor Reports, Health & Safety, Fire Regulations, Asbestos, Other Reports Available


Pricing Information

Selling price: $800,000 - $1,000,000

Service Charges: $3,000.00 per annum

Other costs: No extra costs


First listed: May 02, 2024

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Location

  • Address: 3500 Pan American Drive, Miami-Dade County, Florida, 33133

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Investment Highlights

Rarely Available Medical Office Suite in the prestigious Merrick Pointe building

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Sophisticated & Well-Maintained Building – 10-story Class-A boutique professional and medical building

Luxury Amenities – Front desk concierge, secure covered parking, and impeccable maintenance

Ideal for Medical Professionals – Centrally located in a high-density area with excellent accessibility

Prime Coral Gables Location – Steps from Shops at Merrick Park, near Downtown Coral Gables, Coconut Grove, and South Miami

Unmatched Convenience – Direct access to US-1, Coral Way, Ponce de Leon, and Le Jeune Road

High-Traffic Area – Close to Douglas Station, Metrorail, and major commuter routes
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