A suburban Miami-Dade office complex at 9995 S.W. 88th Street just traded for $30 million, a head-turning number in a market where many office owners are still sweating their loan payments. The two-story campus, long home to a travel-industry tenant, sold for a price that blows past recent tax-assessed values and highlights how investors are still willing to pay up for fully leased suburban space, even as downtown towers wrestle with soft demand.
According to the South Florida Business Journal, the property changed hands for $30,000,000 and is leased to a travel company. The outlet reported the transaction price and tenant details in a story published March 24, 2026.
Deal details
Public property records show the site spans about 62,656 square feet across three buildings on roughly seven acres, with a 2025 assessed market value near $16.1 million, per PropertyShark. That makes the $30 million sale price roughly double the assessor's figure, a premium that points to how much buyers still value a stabilized, leased suburban office asset.
Who’s in the building
Company materials tied to Interval International, a travel-exchange firm, list 9995 S.W. 88th St on official documents, indicating a travel-sector presence at the address, according to publicly available Interval International documents. The South Florida Business Journal likewise reported that the building is leased to a travel company.
Market context
Investors shopping for office deals have been choosy, favoring well-located, income-producing suburban properties while taking a harder look at everything else. A recent report from Cushman & Wakefield for Q4 2025 shows pockets of rent growth and steady demand in parts of Miami-Dade, a backdrop that helps support higher valuations for certain office assets.
Research from Institutional Property Advisors also notes that buyers are prioritizing modernized, cash-flowing properties while capital remains selective, a dynamic that helps explain why a leased suburban office could attract a $30 million bid. The report highlights that flight-to-quality trends remain a key driver for office investors.
Details about the buyer, financing and any planned repositioning or capital improvements were not immediately available in public records. Additional information may emerge if new documents are filed or if the parties release statements.
