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Investment Highlights

  • REDEVELOPMENT UPSIDE OPPORTUNITY: Zoned T6-24-O Urban Core, a transect zone intended for the highest density and greatest variety of uses
  • STAND-ALONE 3-STORY BUILDING: Entire building available for single-tenant use with PRIME SIGNAGE EXPOSURE
  • RECENTLY RENOVATED MEDICAL OFFICE BUILDING: Turnkey 3-story layout ideal for medical, wellness, or professional office use
  • EXCEPTIONAL VISIBILITY AND SIGNAGE: Positioned at the I-95 entrance into Brickell with approximately 13,500 vehicles per day passing directly in front
  • STEPS FROM BRICKELL CITY CENTRE, Metromover, Metrorail, upscale dining, hotels, entertainment offering access to affluent foot traffic
  • FLEXIBLE 3-STORY LAYOUT: Adaptable floorplan ideal for medical, wellness, professional office, or single-tenant headquarters use

Executive Summary

PRIME BRICKELL STAND-ALONE THREE-STORY BUILDING WITH EXCEPTIONAL VISIBILITY AND REDEVELOPMENT UPSIDE. Rare opportunity to acquire a recently renovated 3-story stand-alone commercial/medical office building located directly on SW 8th Street, the main vehicular gateway from I-95 into Brickell. Positioned at the entrance of Miami’s most prestigious financial and residential district, the property benefits from approximately 13,500 vehicles per day, providing outstanding signage, exposure, and accessibility.
The building sits on a 7,000 SF lot with 14 on-site parking spaces and is zoned T6-24-O Urban Core, allowing for a variety of commercial uses and significant long-term redevelopment potential. Steps from Brickell City Centre, Brickell Transit Station, Metrorail, Metromover, restaurants, residential towers, hotels, and major employment centers.
A unique opportunity for an owner-user, investor, medical office operator, professional services firm, or developer seeking a strategic Brickell entrance location with immediate usability and future upside. Building has completed its 40-Year Recertification in 2012 and 50-Year Recertification in 2022. Call Listing Agent for details.

Financial Summary (Actual - 2025)

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $461,987 $89.36
Other Income - -
Vacancy Loss - -
Effective Gross Income $461,987 $89.36
Taxes - -
Operating Expenses $16,500 $3.19
Total Expenses $16,500 $3.19
Net Operating Income $445,487 $86.17

Financial Summary (Actual - 2025)

Gross Rental Income (CAD)
Annual $461,987
Annual Per SF $89.36
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $461,987
Annual Per SF $89.36
Taxes (CAD)
Annual -
Annual Per SF -
Operating Expenses (CAD)
Annual $16,500
Annual Per SF $3.19
Total Expenses (CAD)
Annual $16,500
Annual Per SF $3.19
Net Operating Income (CAD)
Annual $445,487
Annual Per SF $86.17

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
5,170 SF
Building Class
B
Year Built/Renovated
1972/1991
Price
$16,499,519 CAD
Price Per SF
$3,191.40 CAD
Percent Leased
45%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
2,000 SF
Building FAR
0.74
Lot Size
0.16 AC
Zoning
T6-24-0 - Wide range of uses including medical, professional office, retail, residential, hotel, and civic functions. Promoting walkability and public transport
Parking
15 Spaces (2.9 Spaces per 1,000 SF Leased)

Amenities

  • Controlled Access
  • Signage
  • Air Conditioning
  • Fiber Optic Internet
  • Smoke Detector

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Health Care and Social Assistance
  • -
  • -
  • -

At Icon Medical Centers, they integrate chiropractic treatments to provide their patients with the highest quality of care available in Miami. If you are experiencing back pain, neck pain, stiffness, muscle spasms, or you just want to feel your best. All of their medical professionals (Chiropractors, Neurosurgeons, an orthopedic surgeon) will work together to provide their patients with the best physical care available in Miami, Fl. If you have been injured in a car accident or would like to maintain your overall wellness, contact one of their centers today!

Tenant Industry SF Occupied Rent/SF Lease End
Health Care and Social Assistance - - -

Space Availability

  • Space
  • Size
  • Space Use
  • Build-Out
  • Available
  • 1st Floor
  • 2,585-5,170 SF
  • Office/Medical
  • Full Build-Out
  • Feb 2027

PRIME BRICKELL STAND-ALONE 3-STORY BUILDING WITH EXCEPTIONAL VISIBILITY AND REDEVELOPMENT UPSIDE. Rare opportunity to acquire a recently renovated 3-story stand-alone commercial/medical office building located directly on SW 8th Street, the main vehicular gateway from I-95 into Brickell. Positioned at the entrance of Miami’s most prestigious financial and residential district, the property benefits from approximately 13,500 vehicles per day, providing outstanding signage, exposure, and accessibility. The building sits on a 7,000 SF lot with 15 on-site parking spaces and is zoned T6-24-O Urban Core, allowing for a variety of commercial uses and significant long-term redevelopment potential. Steps from Brickell City Centre, Brickell Transit Station, Metrorail, Metromover, restaurants, residential towers, hotels, and major employment centers. A unique opportunity for an owner-user, investor, medical office operator, professional services firm, or developer seeking a strategic Brickell entrance location with immediate usability and future upside. Building has completed its 40-Year Recertification in 2012 and 50-Year Recertification in 2022. Call Listing Agent for details.

  • 2nd Floor
  • 2,585-2,852 SF
  • Office/Medical
  • Full Build-Out
  • Feb 2027
Space Size Space Use Build-Out Available
1st Floor 2,585-5,170 SF Office/Medical Full Build-Out Feb 2027
2nd Floor 2,585-2,852 SF Office/Medical Full Build-Out Feb 2027

1st Floor

Size
2,585-5,170 SF
Space Use
Office/Medical
Build-Out
Full Build-Out
Available
Feb 2027

2nd Floor

Size
2,585-2,852 SF
Space Use
Office/Medical
Build-Out
Full Build-Out
Available
Feb 2027

1st Floor

Size 2,585-5,170 SF
Space Use Office/Medical
Build-Out Full Build-Out
Available Feb 2027

PRIME BRICKELL STAND-ALONE 3-STORY BUILDING WITH EXCEPTIONAL VISIBILITY AND REDEVELOPMENT UPSIDE. Rare opportunity to acquire a recently renovated 3-story stand-alone commercial/medical office building located directly on SW 8th Street, the main vehicular gateway from I-95 into Brickell. Positioned at the entrance of Miami’s most prestigious financial and residential district, the property benefits from approximately 13,500 vehicles per day, providing outstanding signage, exposure, and accessibility. The building sits on a 7,000 SF lot with 15 on-site parking spaces and is zoned T6-24-O Urban Core, allowing for a variety of commercial uses and significant long-term redevelopment potential. Steps from Brickell City Centre, Brickell Transit Station, Metrorail, Metromover, restaurants, residential towers, hotels, and major employment centers. A unique opportunity for an owner-user, investor, medical office operator, professional services firm, or developer seeking a strategic Brickell entrance location with immediate usability and future upside. Building has completed its 40-Year Recertification in 2012 and 50-Year Recertification in 2022. Call Listing Agent for details.

Exceptionally walkable
90/100
Moderately drivable
70/100
Exceptional public transit
100/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
01-0205-080-1030
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$6,090,413 CAD
Annual Taxes
$0 CAD ($0.00 CAD/SF)
Tax Year
2025
  • Listing ID: 40598719

  • Date on Market: 2026-05-20

  • Last Updated:

  • Address: 232 SW 8th St, Miami, FL 33130

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