Multi-Office Professional
For Sale
$595,000
Pending
105-12900 Sw 128th St, Miami, FL 33161
Two office units provide five private rooms and a central area for reception, workstations, or team use.
Property Size1,435 SF
Days on Market90
Property Features for 105-12900 Sw 128th St
General Information
Standard status
Pending
Size
1,435 SF
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Office Units
2
Amenities
private bathroom
Listing Agency:
America's Best Realty Corp
Listed By:
America Diaz · License #3065436
(786) 258-3735
Source:
Exprealty
Added: Jul 18
Changed: Oct 15
Last Checked: Oct 15 at 2:22AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of America's Best Realty Corp
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Investment Insights
Based on property information with market context.
Units 105 and 107 combine for 1,435 SF of office space. The layout includes five private offices and a central work area that can accommodate reception, additional workstations, or collaboration. Unit 105 measures 692 SF and has a private bathroom; Unit 107 contains 743 SF. Common areas have tile flooring, while the private offices feature commercial-grade carpet.
The property is near Tamiami Airport, with access to the SW 128th Street extension and State Road 874, also known as the Don Shula Expressway. Restaurants, banks, office supply stores, and other business services are nearby.
The property is near Tamiami Airport, with access to the SW 128th Street extension and State Road 874, also known as the Don Shula Expressway. Restaurants, banks, office supply stores, and other business services are nearby.
Key Highlights
- Two office units totaling 1,435 SF
- Five private offices plus a central work area
- Unit 105 is 692 SF and includes a private bathroom; Unit 107 is 743 SF
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$41,167
Cap Rate
6.92%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$823,340
$823.3K
Cap Rate 7%
$588,100
$588.1K
Cap Rate 9%
$457,411
$457.4K
Market Conditions
NOI Build-Up for 1,435 SF
Gross rent
$64.6K $45.00/SF
− Vacancy
−$9.7K −$6.75/SF
EGI
$54.9K $38.25/SF
− OpEx
−$13.7K −$9.56/SF
NOI
$41.2K $28.69/SF
Area
Miami, FL
Vacancy
15.00%
Lease Rate
$45.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$823,340
Cap Rate 7%
$588,100
Cap Rate 9%
$457,411
Alternative Uses
Best Use
Office B
$588.1K
$514.6K – $686.1K
NOI $41,167 @ 7.0% cap · market cap 6.92%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$968.6K
$847.6K – $1.13M
NOI $67,804 @ 7.0% cap · market cap 11.40%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
2
Office units
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
816
Businesses Nearby
Explore this area
Business Placement
Demographics for 33161, FL
53,015
Population
18,912
Households
2.8
Avg Household Size
37
Median Age
21%
College-Educated
81%
High-School Grad
5.5 sq mi
ZIP Area
9,639
Density / Sq Mi
$55,265
Median Household Income
$34,311
Median Earnings
$1,494
Median Rent
$376,500
Median Home Value
Market
Vacancy Rate% for Office in Miami, FL
Frequently Asked Questions
What type of property is this?
Office units - Two office units provide five private rooms and a central area for reception, workstations, or team use.
Where is this office units located?
The property is located at 105-12900 Sw 128th St Miami, FL.
What is the asking price?
The asking price for this property is $595,000.
What are key features of this property?
This property features: Two office units totaling 1,435 SF; Five private offices plus a central work area; Unit 105 is 692 SF and includes a private bathroom; Unit 107 is 743 SF
