7950 Professional Center — Sale in Miami, FL

Price: Contact for price
Listing type: For sale
Asset type: Office
Location: Miami, FL 33166
Submarket: South Dade

Photos

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Investment Figures

Cap rate: 8.30%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

7950 Professional Center presents a rare opportunity to acquire individually deeded office condominium units in the heart of Downtown Doral, one of Miami-Dade’s most active business and mixed-use development zones. Magaya Corporation, a global logistics software firm with international reach, will retain approximately 30% of the suites for continued corporate occupancy, establishing a strong anchor presence. The remaining units are available for purchase individually, in grouped tranches, or as a complete portfolio, giving investors and owner-users flexibility in strategy. This offering aligns with Miami’s growing trend of businesses opting to own small-format professional office space rather than lease, especially in high-income submarkets with limited supply near Miami International Airport and Blue Lagoon Corporate Park. Surrounding developments — including Whole Foods–anchored retail, UHealth medical expansions, new hospitality concepts, and multifamily density reported by Florida YIMBY and The Real Deal — continue to strengthen daytime population and corporate demand in the NW 53rd Street corridor. With immediate usability, strong corporate co-tenancy, and multiple exit strategies including resale-by-unit or long-term condo hold, 7950 Professional Center stands out as a strategic acquisition in a high-barrier, growth-focused Miami submarket. Investment Highlights: • Rare office condo ownership opportunity in core Miami • Units available individually, in tranches, or as entire portfolio • Located in Downtown Doral's high-growth mixed-use district • Surrounded by $1B+ in new retail, hospitality, and medical development • Strong daytime population ~590k within 5 miles • Small-format suites ideal for medical, legal, tech, and financial users

Market Context

This office in Miami, FL is listed for sale. It is offered at an approximate 8.3% capitalization rate, a key benchmark for income-producing office assets. Compare it against other office listings for sale in Miami, FL — view the full market.

As of Q1 2026, the Miami office market showed a 15.1% vacancy rate, and average asking rents near $66.16/SF/yr. Source: multiple brokerage reports, Q1 2026.

Above-average vacancy gives buyers leverage and a wide set of comparables.

Office market FAQ

Is the Miami office market tightening or softening?: Vacancy is around 15.1% (Q1 2026).

Estimated Price per SF

$294.17/SF – $2,139/SF

Mid: $891.42/SF

About 8 in 10 recent recorded sales fell within a range this wide around the estimate. An automated estimate, not an appraisal.