End-Cap Warehouse Condo with Drive-In
11951 SW 144th Ct, Miami, FL 33186
For Sale
Contact for pricing
First-floor warehouse plus mezzanine space with one oversized drive-in door and 20-foot clear ceiling height.
Property Size1,978 SF
Price / SF$343.28
Days on Market498
Property Features for 11951 SW 144th Ct
General Information
Standard status
Size
Property subtype
Warehouse & Industrial
Clear Height
Warehouse Space
Mezzanine
Drive-In Doors
Additional Details
Highway Access
Listing Agency:
Lee & Associates | Miami
(305) 235-1500
Listed By:
Matthew Rotolante · License FL #3088290
(305) 490-6526
Source:
Moodyscre
Added: Jul 3, 2025
Changed: Nov 1
Last Checked: Nov 12 at 7:08AM
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 Lee & Associates | Miami
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Investment Insights
Based on property information with market context.
This end-cap warehouse condo offers 1,978 SF of space configured with 1,529 SF on the first floor plus a 449 SF mezzanine. The unit includes one oversized drive-in door and 20-foot clear ceiling height to support a wide range of warehouse and light distribution needs.
The property is positioned for convenient regional access near SR-874 and Florida's Turnpike, with proximity to Tamiami Airport. Seller financing is available, which may offer added flexibility for qualified buyers.
Overall, it is a compact warehouse configuration with both ground-level and mezzanine areas, designed to make loading and storage practical within the building’s clear-height envelope.
The property is positioned for convenient regional access near SR-874 and Florida's Turnpike, with proximity to Tamiami Airport. Seller financing is available, which may offer added flexibility for qualified buyers.
Overall, it is a compact warehouse configuration with both ground-level and mezzanine areas, designed to make loading and storage practical within the building’s clear-height envelope.
Key Highlights
- 1,978 SF end‑cap warehouse condo with first‑floor and mezzanine space
- 1,529 SF on the first floor
- 449 SF mezzanine
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,268
Cap Rate
4.75%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$645,360
$645.4K
Cap Rate 7%
$460,971
$461.0K
Cap Rate 9%
$358,533
$358.5K
Market Conditions
NOI Build-Up for 1,978 SF
Gross rent
$39.9K $20.16/SF
− Vacancy
−$1.9K −$0.97/SF
EGI
$38.0K $19.19/SF
− OpEx
−$5.7K −$2.88/SF
NOI
$32.3K $16.31/SF
Area
ZIP 33186
Vacancy
4.80%
Lease Rate
$20.16 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$645,360
Cap Rate 7%
$460,971
Cap Rate 9%
$358,533
Alternative Uses
Best Use
Warehouse
$461.0K
$403.4K – $537.8K
NOI $32,268 @ 7.0% cap · market cap 4.75%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.08M
$945.1K – $1.26M
NOI $75,610 @ 7.0% cap · market cap 11.14%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
20 ft
Clear height
1
Drive-in doors
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
934
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 33186, FL
69,866
Population
24,397
Households
2.9
Avg Household Size
42
Median Age
36%
College-Educated
91%
High-School Grad
12.4 sq mi
ZIP Area
5,634
Density / Sq Mi
$86,481
Median Household Income
$46,755
Median Earnings
$2,021
Median Rent
$422,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Warehouses in Miami, FL
Properties on Market for Warehouses in Miami
Vacancy Rate% for Industrial in Miami, FL
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- A+ Storage — 12981 SW 137th Ave, Miami, FL 33186
- Public Storage — 12625 SW 137th Ave, Miami, FL 33186
- Self Storage — 13580 sw 120th st, miami, fl 33186
Frequently Asked Questions
What type of property is this?
Warehouse - First-floor warehouse plus mezzanine space with one oversized drive-in door and 20-foot clear ceiling height.
Where is this warehouse located?
The property is located at 11951 SW 144th Ct Miami, FL.
What is the asking price?
The asking price for this property is $679,000.
What are key features of this property?
This property features: 1,978 SF end‑cap warehouse condo with first‑floor and mezzanine space; 1,529 SF on the first floor; 449 SF mezzanine
