105-13977 Sw 140th St, Miami, FL 33168
Two adjacent warehouse condo units can be combined, with flexibility to remove second-floor improvements.
- Added:
- Jun 9, 2026
- Days on Market:
- 20
- Last Refresh:
- Jun 24 at 7:23 am
Property Features for 105-13977 Sw 140th St
General Information
- Standard status
- Active
- Size
- 2,180 SF
Listing office Floridian First Realty Corp (305) 301-3251
Listing date Jun 9, 2026
Source Exprealty
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 Floridian First Realty Corp
HighLights
- Two adjacent commercial condo units (104 and 105) located in an industrial corridor near Tamiami Airport
- Each unit includes 1,090 SF for a combined total of 2,180 SF; Units must be purchased together
- Units 104 Folio 30‑5922‑010‑0040 and 105 Folio 30‑5922‑010‑0050
- Existing second‑floor improvements can be removed to restore space to original warehouse bay layout
- Offered at $700,000 for the combined purchase
Overview
The property is located in an industrial corridor near Tamiami Airport within Miami-Dade County, providing convenient access to the surrounding business area.
For owner-users or operators, the combined configuration offers flexibility to tailor the interior to an active warehouse or distribution setup, particularly given the option to revert the footprint back to a warehouse bay layout. For investors, acquiring both adjacent units together supports a straightforward path to manage and lease the space as a combined industrial offering. Prospective buyers should review the condo documents and the condition of the existing improvements prior to forming a final plan for restoration or reconfiguration.
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $43.9k | $20.16 |
| − Vacancy | −$2.1k | −$0.97 |
| EGI | $41.8k | $19.19 |
| − OpEx | −$6.3k | −$2.88 |
| NOI | $35.6k | $16.31 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Self Storage — 13804 NW 7th Ave, Miami, FL 33168
- Public Storage — 250 NE 135th St, Miami, FL 33161, United States
- Life Storage - North Miami — 640 NW 133rd St, North Miami, FL 33168
Location Insight
- Map
- Local Demand
- City
- Miami
- County
- Miami-Dade
- State
- Florida
- Longitude
- -80.204358
- Latitude
- 25.903041
