Office Unit Near Retail
For Sale
Contact for pricing
12039 SW 132nd Ct Unit 34-1, Miami, FL 33186
Compact workspace with utilities and internet included in the stated offering.
Property Size200 SF
Price / SF$4.75
Days on Market8
Property Features for 12039 SW 132nd Ct Unit 34-1
General Information
Standard status
Active
Size
200 SF
Property subtype
Office
Site & Location
Highway Access
Yes
Road Access
Yes
Utilities to Site
Yes
Amenities
Square Feet: 87745
Sewer: Public Sanitation
Parcel Number: 30-59-14-129-0010, Tax Legal Description: TAMIAMI PETRO PB 167-069 T-22555 TR A LOT SIZE 87745 SQ FT FAU 30 5914 006 0100 & 0120
Cooling: Central Building A/C
Heating: Central Electric, Central Building A/C
Business Type: Office Space, Professional, Lease Considered, Lease Term: 1 To 3 Year Lease, Special Listing Conditions: Lease, Standard Status: Active
Features: Common
Construction Materials: CBS Construction, Year Built: 2008, Building Area Total: 40000, Structure Type: Office/Retail
County Or Parish: Miami-Dade County, Unit Number: 34-1
Leasable Area Units: Square Feet, Leasable Area: 200
Water Source: Public
Road Frontage Type: City Street
Building Details
Year Built
2008
Listing Agency:
Century 21 BE3
(727) 596-1811
Listed By:
Rogert De Leon · License #A12090471
(305) 992-4503
Source:
Riserealty
Added: Oct 14
Changed: Oct 21
Last Checked: Oct 20 at 9:58PM
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 Century 21 BE3
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Investment Insights
Based on property information with market context.
This 2008 office unit offers approximately 200 square feet of workspace. Utilities and internet are included.
The building fronts SW 120 St, just west of the Turnpike exit on 120 St. London Square shopping mall, which includes Costco, is next to the property.
The building fronts SW 120 St, just west of the Turnpike exit on 120 St. London Square shopping mall, which includes Costco, is next to the property.
Key Highlights
- Approximately 200 SF of office space
- Utilities and internet included
- Building frontage on SW 120 St
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$6,380
Suggested Prices Based on Cap Rates
Cap Rate 5%
$127,600
$127.6K
Cap Rate 7%
$91,143
$91.1K
Cap Rate 9%
$70,889
$70.9K
Market Conditions
NOI Build-Up for 200 SF
Gross rent
$10.0K $50.04/SF
− Vacancy
−$1.5K −$7.51/SF
EGI
$8.5K $42.53/SF
− OpEx
−$2.1K −$10.63/SF
NOI
$6.4K $31.90/SF
Area
ZIP 33186
Vacancy
15.00%
Lease Rate
$50.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$127,600
Cap Rate 7%
$91,143
Cap Rate 9%
$70,889
Alternative Uses
Best Use
Office B
$91.1K
$79.8K – $106.3K
NOI $6,380 @ 7.0% cap · market cap 671.58%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$109.2K
$95.6K – $127.4K
NOI $7,645 @ 7.0% cap · market cap 804.74%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
3,051
Businesses Nearby
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Miami, FL
Frequently Asked Questions
What type of property is this?
Office unit - Compact workspace with utilities and internet included in the stated offering.
Where is this office unit located?
The property is located at 12039 SW 132nd Ct Unit 34-1 Miami, FL.
What are key features of this property?
This property features: Approximately 200 SF of office space; Utilities and internet included; Building frontage on SW 120 St
