Flex Space with
New
For Sale
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12053 SW 131st Avenue #12053, Miami, FL 33186
Warehouse and office areas are complemented by an upstairs lounge and conference room.
Property Size1,050 SF
Price / SF$2.48
Days on Market5
Property Features for 12053 SW 131st Avenue #12053
General Information
Standard status
Active
Size
1,050 SF
Property subtype
Industrial
Amenities
warehouse area with roll-up door
offices
second-floor lounge and conference room
full bathroom upstairs
half bathroom downstairs
Building Details
Year Built
1991
Listing Agency:
Compass Florida, LLC
(305) 697-5402
Listed By:
Diana Del Pilar Muriel · License #3389622
(786) 250-8331
Source:
Lehmannflorida
Added: Oct 16
Changed: Oct 19
Last Checked: Oct 19 at 2:19PM
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 Compass Florida, LLC
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Investment Insights
Based on property information with market context.
This 1,050-square-foot flex property, built in 1991, combines warehouse space with offices. A roll-up door serves the warehouse area, while the second floor includes a lounge, a conference room, and a full bathroom. A half bathroom is located downstairs.
The property is near major roads. Automotive businesses, including repair and mechanic shops, are not permitted.
The property is near major roads. Automotive businesses, including repair and mechanic shops, are not permitted.
Key Highlights
- 1,050 square feet of warehouse and office space
- Warehouse area includes a roll‑up door
- Second‑floor lounge and conference room
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,106
Suggested Prices Based on Cap Rates
Cap Rate 5%
$282,120
$282.1K
Cap Rate 7%
$201,514
$201.5K
Cap Rate 9%
$156,733
$156.7K
Market Conditions
NOI Build-Up for 1,050 SF
Gross rent
$21.2K $20.16/SF
− Vacancy
−$1.0K −$0.97/SF
EGI
$20.2K $19.19/SF
− OpEx
−$6.0K −$5.76/SF
NOI
$14.1K $13.43/SF
Area
ZIP 33186
Vacancy
4.80%
Lease Rate
$20.16 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$282,120
Cap Rate 7%
$201,514
Cap Rate 9%
$156,733
Alternative Uses
Best Use
Warehouse
$244.7K
$214.1K – $285.5K
NOI $17,129 @ 7.0% cap · market cap 658.81%
Second Best
Flex RnD
$242.0K
$211.7K – $282.3K
NOI $16,937 @ 7.0% cap · market cap 651.42%
Theoretical Best
Office A
$573.4K
$501.7K – $669.0K
NOI $40,137 @ 7.0% cap · market cap 1,543.73%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
3,122
Businesses Nearby
Under-served
Demand for This Use
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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 Industrial in Miami, FL
Similar Off Market Nearby
- Maxwell Catering — 12985 SW 130th Ct, Miami, FL 33186
- The Great Rome — 12701 SW 137th Ave, Miami, FL 33186
- Food by DN Corp — 12350 SW 132nd Ct #105, Miami, FL 33186
- The Pickled Beet Miami Personal Chef — 12276 SW 131st Ave, Miami, FL 33186
Frequently Asked Questions
What type of property is this?
Flex space - Warehouse and office areas are complemented by an upstairs lounge and conference room.
Where is this flex space located?
The property is located at 12053 SW 131st Avenue #12053 Miami, FL.
What are key features of this property?
This property features: 1,050 square feet of warehouse and office space; Warehouse area includes a roll‑up door; Second‑floor lounge and conference room
