Neighborhood Shopping Center Retail
For Sale
Contact for pricing
1157 SW 12th Ave # 1157, Miami, FL 33130
Retail suite with an open layout, storefront visibility, and prominent signage in a well-established neighborhood shopping center.
Property Size16,760 SF
Price / SF$0.40
Days on Market108
Property Features for 1157 SW 12th Ave # 1157
General Information
Standard status
Active
Size
16,760 SF
Property subtype
Retail
Additional Details
Highway Access
Yes
Building Details
Building Size
16,760 SF
Year Built
1925
Listing Agency:
Floridian First Realty Corp
Listed By:
Michelle Gonzalez · License #0649239
(305) 582-4352
Source:
Casacollectiongroup
Added: Jul 6
Changed: Oct 16
Last Checked: Oct 19 at 2:17PM
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
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Investment Insights
Based on property information with market context.
This for-sale retail suite offers an open, spacious layout within a well-established neighborhood shopping center. The available space is positioned for a range of retail and service-oriented concepts, including boutique, showroom, and specialty service uses, as well as medical, wellness, fitness, and professional office needs.
The suite provides strong storefront visibility with prominent signage and is located along SW 12th Avenue. It sits in the heart of Little Havana/West Brickell, with convenient access described to Brickell, Downtown Miami, Calle Ocho, and major highways, supporting day-to-day customer accessibility.
The suite is available for immediate occupancy.
The suite provides strong storefront visibility with prominent signage and is located along SW 12th Avenue. It sits in the heart of Little Havana/West Brickell, with convenient access described to Brickell, Downtown Miami, Calle Ocho, and major highways, supporting day-to-day customer accessibility.
The suite is available for immediate occupancy.
Key Highlights
- 2,250 SF retail space for lease at $40.00/SF
- Open‑layout suite suited for retail, boutique, showroom, medical, wellness, fitness, professional office, or specialty service use
- Storefront visibility with prominent signage on SW 12th Avenue
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$546,806
Suggested Prices Based on Cap Rates
Cap Rate 5%
$10,936,120
$10.9M
Cap Rate 7%
$7,811,514
$7.8M
Cap Rate 9%
$6,075,622
$6.1M
Market Conditions
NOI Build-Up for 16,760 SF
Gross rent
$870.8K $51.96/SF
− Vacancy
−$89.7K −$5.35/SF
EGI
$781.2K $46.61/SF
− OpEx
−$234.3K −$13.98/SF
NOI
$546.8K $32.63/SF
Area
Miami, FL
Vacancy
10.30%
Lease Rate
$51.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$10,936,120
Cap Rate 7%
$7,811,514
Cap Rate 9%
$6,075,622
Alternative Uses
Best Use
Retail
$7.81M
$6.84M – $9.11M
NOI $546,806 @ 7.0% cap · market cap 8,067.37%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$11.31M
$9.90M – $13.20M
NOI $791,918 @ 7.0% cap · market cap 11,683.65%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,403
Businesses Nearby
Explore this area
Business Placement
Demographics for 33130, FL
35,609
Population
20,377
Households
1.7
Avg Household Size
36
Median Age
42%
College-Educated
81%
High-School Grad
1.1 sq mi
ZIP Area
32,372
Density / Sq Mi
$57,933
Median Household Income
$36,888
Median Earnings
$1,656
Median Rent
$479,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Miami, FL
Frequently Asked Questions
What type of property is this?
Retail space - Retail suite with an open layout, storefront visibility, and prominent signage in a well-established neighborhood shopping center.
Where is this retail space located?
The property is located at 1157 SW 12th Ave # 1157 Miami, FL.
What are key features of this property?
This property features: 2,250 SF retail space for lease at $40.00/SF; Open‑layout suite suited for retail, boutique, showroom, medical, wellness, fitness, professional office, or specialty service use; Storefront visibility with prominent signage on SW 12th Avenue
