How much is 713 W Palm Drive?

713 W Palm Drive is listed at $10,900,000, about $358 per square foot of building. Ask for the rent roll, the existing leases and the operating statements: for an income property those, more than the asking price, show what the building is worth.

What is the cap rate on 713 W Palm Drive?

The listing reports net operating income of $576,000 a year, a cap rate of about 5.3% at the $10,900,000 asking price. Seller-reported income is a starting point: verify it against the rent roll, the leases and the operating statements during due diligence.

What is 713 W Palm Drive zoned?

The listing reports zoning of 6100. Permitted uses, parking and signage are set by the city or county zoning code, so confirm your intended use with the local zoning office before you close.

How big is 713 W Palm Drive?

The listing reports 30,421 square feet of building.

When was 713 W Palm Drive built?

713 W Palm Drive was built in 2011. For an older commercial building, ask about the roof, the HVAC and electrical systems, fire and life-safety compliance and whether a county building safety recertification is due.

What are the property taxes on 713 W Palm Drive?

The listing reports annual property taxes of $124,313 for 2025. Florida reassesses a non-homestead property after it sells, so budget for the new owner's bill rather than the current one.

How do I tour 713 W Palm Drive?

Request a tour from this page or call BreakThru Realty. A licensed agent will arrange access with the listing broker and ask for what the listing leaves out, such as the rent roll, the leases and the operating statements.

713 W Palm Drive, Florida City FL

$10,900,000 · $358 per sq ft · Office for sale

Property type: Office
Asking price: $10,900,000
Price per sq ft: $358
Building size: 30,421 sq ft
Lot size: 2.94 acres
Zoning: 6100
Year built: 2011
Units: 1
Stories: 3
Net operating income: $576,000/yr
Cap rate: 5.3%
Tenant pays: Common Area Maintenance, Exterior Maintenance, HVAC Maintenance, Janitorial Service, Sewer, Taxes, Water, Real Estate Taxes, Maintenance
Buildings: 1
Parking spaces: 73
Parcel ID: 1678250000390
MLS#: B26008399

For Sale - Florida Centre Campus at 713 W Palm Drive, Florida City

South Miami School For Sale at 713 W Palm Drive, Florida City

About this property

Rare single tenant NNN educational investment in Florida City's explosive South Dade growth corridor. 30,421 SF purpose built, three story K12 campus leased to Advanced Achievers Academy, a Step Up For Students scholarship recipient in continuous occupancy since 2015. Absolute NNN lease with 3% minimum annual escalations and a 15 year renewal option. Tenant pays all taxes, insurance, maintenance, and utilities. Offering includes a contiguous 1.47 acre expansion parcel with engineered plans approved for an identical mirroring facility, doubling campus capacity to 60,000+ SF. Institutional construction: steel reinforced concrete, hurricane impact glass, concrete tile roof. Less than 1 mile from Route 1 and the Ronald Reagan Turnpike. Please do not disturb tenant. All tours must be scheduled.

Building Features and Utilities

Cable Connected
Electricity Connected
Phone Connected
Sewer Connected
Water Connected
Stucco
Concrete Block - No Stucco

Operating Statement

Property taxes	$124,313/yr
Net operating income	$576,000/yr
Cap rate at asking price	5.3%

Income and expenses as the seller entered them in the MLS, not verified. A buyer's lender underwrites from the actual statements and the property tax and insurance a new owner will pay.

About the Business at 713 W Palm Drive

Included: Building, Land, Leases

Presented by

BreakThru Realty · (786) 914-1017

Courtesy of

Compass Florida LLC · brokerfl@compass.com · Listing agent: Brad Kuskin

All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by BeachesMLS. Listings held by brokerage firms other than BreakThru Realty carry the name of the listing broker.

Request a tour or more information

Call or text BreakThru Realty at (786) 914-1017 or email sales@breakthrurealty.com to tour 713 W Palm Drive or to ask for what the listing leaves out: the rent roll, the leases and the operating statements.

Questions About 713 W Palm Drive

How much is 713 W Palm Drive?: 713 W Palm Drive is listed at $10,900,000, about $358 per square foot of building. Ask for the rent roll, the existing leases and the operating statements: for an income property those, more than the asking price, show what the building is worth.
What is the cap rate on 713 W Palm Drive?: The listing reports net operating income of $576,000 a year, a cap rate of about 5.3% at the $10,900,000 asking price. Seller-reported income is a starting point: verify it against the rent roll, the leases and the operating statements during due diligence.
What is 713 W Palm Drive zoned?: The listing reports zoning of 6100. Permitted uses, parking and signage are set by the city or county zoning code, so confirm your intended use with the local zoning office before you close.
How big is 713 W Palm Drive?: The listing reports 30,421 square feet of building.
When was 713 W Palm Drive built?: 713 W Palm Drive was built in 2011. For an older commercial building, ask about the roof, the HVAC and electrical systems, fire and life-safety compliance and whether a county building safety recertification is due.
What are the property taxes on 713 W Palm Drive?: The listing reports annual property taxes of $124,313 for 2025. Florida reassesses a non-homestead property after it sells, so budget for the new owner's bill rather than the current one.
How do I tour 713 W Palm Drive?: Request a tour from this page or call BreakThru Realty. A licensed agent will arrange access with the listing broker and ask for what the listing leaves out, such as the rent roll, the leases and the operating statements.

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