NAI Miami | Fort Lauderdale Negotiates $30 Million Office Sale In Miami

NAI Miami | Fort Lauderdale announced the successful $30 million sale of a ±63,964-square-foot, two-story office building located at 9995 SW 88th Street in Miami.

The buyer, Interval Buyer, LLC, purchased the property from Gregg Guilford of Guilford Property Group, Inc. and was represented by Edward Schmidt, CCIM, SIOR, Co-Chairman and Partner at NAI Miami | Fort Lauderdale.

Constructed in 1999, the property sits on approximately 7.41 acres and is currently configured as a single-tenant office building.

On behalf of the buyer, Jeffrey Fiorentino, CEO of The Fiorentino Family Office, stated, “We are pleased to announce the successful closing of this nearly yearlong acquisition and look forward to transforming the property into a premier medical campus.”

 

“The buyer has initiated plans to renovate the existing structure and develop an additional building on-site, ultimately creating a Class A medical campus,” said Schmidt. “The property’s scale, accessibility, and prime location along Kendall Drive position it exceptionally well for healthcare-oriented uses.”

Located near Baptist Hospital of Kendall in a densely populated suburban market, the site is ideally suited for medical office conversion and future expansion, supporting the continued demand for healthcare services across South Florida.