Medical Office Suites At Palmetto General Hospital

Highlights:

• Attached to a 368-bed acute care hospital treating more than 130,000 patients a year. Tenants at 7150 W 20th Avenue plug directly into an active referral engine rather than building one from scratch.
• Second-generation medical suites deliver rent ready exam rooms, plumbing, casework, nurse stations, and reception build-outs are already in place.
• Dual-track positioning at one basis. The same floor plates lease as licensed medical or as professional office, opening the asset to physician groups, ASCs, diagnostic imaging, behavioral health, dialysis, dental, legal, accounting, insurance, and back-office users.
• Ground-floor retail in the connector mall between the hospital and the medical office building. Captive daily traffic from patients, visitors, physicians, residents, and hospital staff supports pharmacy, café, optical, DME, medical supply, and personal service concepts.
• Teaching hospital with Graduate Medical Education and Pharmacy Residency programs. Residents and fellows rotating through the campus feed long-term physician retention and give practice groups a recruiting advantage they cannot buy elsewhere in the submarket.
• Center of one of the densest healthcare consumer markets in Florida. Hialeah's population density, Medicare and Medicaid concentration, and bilingual patient base produce patient volumes that suburban medical office cannot match.

Description:

ONE Sotheby's International Realty is proud to present an exceptional medical office opportunity anchored by unmatched primary care demand and constrained supply in one of South Florida's most resilient submarkets.

West 20th Avenue functions as the direct-access spine to Palmetto General Hospital—Miami-Dade's only full-service acute care facility in this corridor, operating 368 beds and treating more than 130,000 patients annually. Patients flow from Miami Lakes, Doral, Medley, Hialeah Gardens, and Miami Springs via SR-826 without navigating surface streets, creating a concentrated walk-in and short-drive patient base. No competing facility within a mile operates at comparable inpatient scale. Hialeah itself anchors this submarket: 226,000 residents at 10,800 per square mile—Florida's 7th largest city, with density roughly 120 times the state average—drives consistent foot traffic and sustained occupancy.

The demographic profile tilts heavily toward value-based care demand. Median age sits at 46, with one in five residents over 65; roughly 45,800 seniors live inside city limits, creating persistent volume in cardiology, orthopedics, ophthalmology, nephrology, oncology, and primary care. Miami-Dade's Medicare Advantage penetration—76 to 80 percent, the highest of any mainland U.S. county—has drawn MSOs and risk-bearing groups to build their Florida platforms inside dense senior neighborhoods. Medical office vacancy stands at 6.1 percent with gross rents at $47.09 PSF, up 7.0 percent year over year. Tenants face limited alternatives; turnkey space is scarce.

10 Spaces Available

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