12060 SW 129th Ct Miami, FL

Listing office Fausto Commercial Realty v*@faustocommercial.com Show Phone

Listing date Mar 19, 2025

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Investment Insights

Based on property information with market context.

This freestanding suburban office building, constructed in 2009, is located in the Kendall area. The property encompasses 25,642 square feet within a larger 42,000 square foot lot. The building currently houses 19 units, all of which are leased on a month-to-month basis. The property is currently generating $185,000 per year. Pro-forma rents could potentially yield a $611,000 net operating income per year.

Key Highlights

• Significant rental upside with pro‑forma NOI of $611k per year, representing a nearly 10% cap rate at the asking price.
• Freestanding 25,642 sf suburban office building built in 2009.
• Suitable for either investment (re‑tenanting) or owner‑user occupancy.

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FAQs

What type of property is this?

Office building - 25,642 SF office building with significant rental upside.

Where is this office building located?

The property is located at 12060 SW 129th Ct Miami, FL.

What is the asking price?

The asking price for this property is $6,300,000.

What are key features of this property?

This property features: Significant rental upside with pro‑forma NOI of $611k per year, representing a nearly 10% cap rate at the asking price.; Freestanding 25,642 sf suburban office building built in 2009.; Suitable for either investment (re‑tenanting) or owner‑user occupancy.