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Investment Highlights

  • Located in landmark Bank of America building
  • Easy access to Palmetto Expressway (SR 826) and W Okeechobee Road (US 27)
  • Centrally located on West 49th Street within a major commercial district with abundant retail shops, restaurants, and banks

Executive Summary

• Located in landmark Bank of America building • Centrally located on West 49th Street within a major commercial district with abundant retail shops, restaurants, and banks • Easy access to Palmetto Expressway (SR 826) and W Okeechobee Road (US 27) • 3 miles from Palmetto General Hospital and 1 mile from Larkin Community Hospital • 7 miles from Miami International Airport (MIA)

2 Units Available

  • Unit
  • Unit Size
  • Condo Use
  • Price
  • NOI
  • Unit 220
  • 977 SF
  • Office
  • $514,400 CAD ($526.51 CAD/SF)
  • -
Sale Type Investment or Owner User
Description
  • Office space with waiting and reception area
  • Two (2) large offices
    One (1) common open area
Sale Notes
  • Centrally located on West 49th Street within a major
    commercial district with abundant retail shops,
    restaurants, and banks
  • Easy access to Palmetto Expressway (SR 826) and W
    Okeechobee Road (US 27)
  • 3 miles from Palmetto General Hospital and 1 mile
    from Larkin Community Hospital
    7 miles from Miami International Airport (MIA
  • Unit 448
  • 2,738 SF
  • Office
  • $1,174,778 CAD ($429.06 CAD/SF)
  • $82,234.47 CAD
Sale Type Investment
Cap Rate 7.00%
Description
  • Corner office space facing 49th Street
  • Five-year lease with 4% annual escalation
    Local well established primary care provider with multiple locations throughout South Florida
Unit Unit Size Condo Use Price NOI
Unit 220 977 SF Office $514,400 CAD ($526.51 CAD/SF) -
Unit 448 2,738 SF Office $1,174,778 CAD ($429.06 CAD/SF) $82,234.47 CAD

Unit 220

Unit Size
977 SF
Condo Use
Office
Price
$514,400 CAD ($526.51 CAD/SF)
NOI
-

Unit 448

Unit Size
2,738 SF
Condo Use
Office
Price
$1,174,778 CAD ($429.06 CAD/SF)
NOI
$82,234.47 CAD

Unit 220

Unit Size 977 SF
Condo Use Office
Price $514,400 CAD ($526.51 CAD/SF)
NOI -
Sale Type Investment or Owner User
Description
<ul style="list-style: disc; padding: 0px 0px 0px 40px"><li> Office space with waiting and reception area<br> </li><li> Two (2) large offices<br> One (1) common open area</li></ul>
Sale Notes
<ul style="list-style: disc; padding: 0px 0px 0px 40px"><li> Centrally located on West 49th Street within a major <br> commercial district with abundant retail shops, <br> restaurants, and banks<br> </li><li> Easy access to Palmetto Expressway (SR 826) and W <br> Okeechobee Road (US 27)<br> </li><li> 3 miles from Palmetto General Hospital and 1 mile <br> from Larkin Community Hospital<br> 7 miles from Miami International Airport (MIA</li></ul>

Unit 448

Unit Size 2,738 SF
Condo Use Office
Price $1,174,778 CAD ($429.06 CAD/SF)
NOI $82,234.47 CAD
Sale Type Investment
Cap Rate 7.00%
Description
<ul style="list-style: disc; padding: 0px 0px 0px 40px"><li> Corner office space facing 49th Street<br> </li><li> Five-year lease with 4% annual escalation<br> Local well established primary care provider with multiple locations throughout South Florida</li></ul>

Property Facts

The following property facts apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Total Building Size 99,432 SF
Property Type Office
Property Subtype Medical
Building Class B
Floors 5
Typical Floor Size 24,343 SF
Year Built 1975
Lot Size 2.56 AC
Parking Ratio 3.2/1,000 SF
Zoning 6600 - Commercial
Moderately walkable
70/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
40/100
  • Listing ID: 38120201

  • Date on Market: 2025-10-17

  • Last Updated:

  • Address: 900 W 49th St, Hialeah, FL 33012

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