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    7311 NW 12th St Miami, FL 33126

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    Claim this Listing
    For Lease
    $5,800 /Mo

    Condominium - Miami, FL

    Type:Condominium
    Added:
    Dec 18, 2025
    Days on Market:
    118
    Last Refresh:
    Apr 15 at 1:06 am

    Property Features for 7311 NW 12th St

    General Information

    Property type
    Commercial Lease
    Property subtype
    Condominium
    Zoning
    7300
    Parking
    4
    Standard status
    Active
    APN
    30-30-35-014-0290

    Taxes and HOA fees

    Tax Annual Amount
    10758

    Building Details

    Year built
    1980
    Architectural style
    Other

    We can help!

    Listing Contact
    Claudia Splinter

    Listing agent Claudia Splinter License #3285524

    Listing office Trajan Commercial Real Estate 18591 S Dixie Hwy, Miami, FL

    Listing date Dec 18, 2025

    MLS# A11933103 Listing URL

    Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Doral Warehouse/Office Condominium

    This condominium in Miami, FL, offers approximately 3,398 square feet of warehouse and office space. Located in Doral, the property features a versatile layout with modern upgrades. The warehouse area spans approximately 1,150 square feet, representing 33.84% of the total space. It includes ceiling heights of 9 feet and 20 feet, an electric and insulated roll-up bay door measuring 10 feet by 12 feet, and LED lighting. The office space covers approximately 2,248 square feet, or 66.16% of the total area, and is distributed across two floors. The first floor comprises a reception area, a storage room, and a bathroom. The second floor includes two offices, an IT room, a renovated kitchenette, an open workspace, and another bathroom. The zoning is designated as 7300.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Windaplus Freight Service AquaDry Plus Hardware & Home Improvement Excellent Care Home ... Home Health Care Service Venmoneyusa LLC Electronics & Wireless Store Copier Service Repair Computer & Electronic Repair

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Speed On Moving and Logistics — 1150 NW 72nd Ave, Miami, FL 33126
    • Fairways Group — 1320 NW 78th Ave, Doral, FL 33191
    • 𝗔𝗹𝗹 𝗦𝗲𝗿𝘃𝗶𝗰𝗲𝘀 𝗠𝗼𝘃𝗶𝗻𝗴 𝗖𝗼 𝗠𝗶𝗮𝗺𝗶 — 7795 W Flagler St #38, Miami, FL 33144
    • Safeguard Self Storage — 7691 NW 12th St, Miami, FL 33126, United States
    • iStorage — 8105 Park Blvd, Miami, FL 33126

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.315462
    Latitude
    25.782656

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    FAQs

    What type of property is this?
    Warehouse - Versatile warehouse/office space in Doral with modern upgrades.
    Where is this warehouse located?
    The property is located at 7311 NW 12th St Miami, FL.
    What is the lease rate?
    The lease rate is $5,800 /Mo.
    What are key features of this property?
    This property features: Prime Doral location offers strategic advantages.; Versatile layout with ±3,398 Sq.Ft. of warehouse/office space.; Significant office space: ±2,248 Sq.Ft. across two floors with modern upgrades.
    (305) 482-1118
    We can help!
    Listing Contact
    Claudia Splinter
    Real Estate License ID: 3285524
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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