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The site was made available through a 50-year ground lease from the Public Health Trust of Miami-Dade County for just $1 annually.

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The company is preparing to open a third location—likely in the Coral Gables/South Miami area—and is considering a fourth by year’s end.

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The Brevard County healthcare provider unveiled plans on Sept. 2 to increase the hospital’s capacity from 98 to 214 beds, adding new facilities and services to keep pace with the area’s rapid population growth.

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Adjacent to the hospital is a 40,000-square-foot medical office building.

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The property, located at 7301 and 7301A W. Palmetto Park Road, spans 101,546 square feet across two boutique medical office buildings.