12060 SW 129Th Ct Miami, FL 33186
25,642 SF office building with significant rental upside.
Property size:
42,000 SFLot size:
0.96 AcresProperty Features for 12060 SW 129Th Ct
General Information
- Size
- 42,000 SF
- Lot size
- 0.96 Acres
Source:
Moodyscre
Listing Agent: Vicente Rodriguez
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Freestanding Office Building in Kendall
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.
Location Intelligence
Current Use by Public Records
Branly Hernandez
Real Estate Agent
SouthMiamiChiro
Hospital
Dr. Miguel Cortes
Chiropractor
Doeren Mayhew
Accounting Firm
Lord & Iglesias Accounting
Accountant
Location Insight
- Map
- Local Demand
- City
- Miami
- County
- Miami-Dade
- State
- Florida
- Longitude
- -80.404582
- Latitude
- 25.655784
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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.