Office Unit with Shared
For Sale
Contact for pricing
Pending
12150 SW 128th Ct Unit #212, Miami, FL 33186
Interior office unit designated for administrative use with electric service included and access to common meeting and break areas.
Property Size225 SF
Days on Market54
Property Features for 12150 SW 128th Ct Unit #212
General Information
Standard status
Pending
Size
225 SF
Property subtype
Office
Amenities
conference room
break room
Square Feet: 90346
Sewer: Public Sanitation
Parcel Number: 30-59-14-090-0020, Tax Legal Description: KENDALLWOOD PARK PB 161-84 T-21552 LOTS 2 & 3 BLK 1 LOT SIZE 90346 SQ FT FAU 30 5914 011 0010-0140 OR 21500-4270 072003 2 (16) COC 23313-048
Cooling: Central Building A/C
Heating: Central Building A/C
Business Type: Office Space, Professional, Lease Considered, Lease Term: Annual Lease, Special Listing Conditions: Lease, Standard Status: Pending
Features: Clear Impact Glass
Year Built: 2007, Building Area Total: 225
County Or Parish: Miami-Dade County, Unit Number: #212
Leasable Area Units: Square Feet, Leasable Area: 225
Possession: Rental Agreement
Water Source: Public
Road Frontage Type: City Street
Building Details
Year Built
2007
Listing Agency:
Coldwell Banker Realty
(305) 253-2800
Listed By:
Michael Elbilia · License #A12011466
(305) 305-6091
Source:
Riserealty
Added: Sep 1
Changed: Oct 23
Last Checked: Oct 23 at 7:58AM
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 Coldwell Banker Realty
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Investment Insights
Based on property information with market context.
Kendallwood III includes a 225-square-foot interior office unit at 12150 SW 128th Ct, Unit #212, in Miami, Florida. The space is designated for administrative use, with electric service included.
Occupants have access to a shared conference room and break room. The building was completed in 2007, providing a straightforward office setting for administrative operations.
Occupants have access to a shared conference room and break room. The building was completed in 2007, providing a straightforward office setting for administrative operations.
Key Highlights
- 225‑square‑foot interior office unit
- Administrative use only
- Electric service included
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$7,178
Suggested Prices Based on Cap Rates
Cap Rate 5%
$143,560
$143.6K
Cap Rate 7%
$102,543
$102.5K
Cap Rate 9%
$79,756
$79.8K
Market Conditions
NOI Build-Up for 225 SF
Gross rent
$11.3K $50.04/SF
− Vacancy
−$1.7K −$7.51/SF
EGI
$9.6K $42.53/SF
− OpEx
−$2.4K −$10.63/SF
NOI
$7.2K $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%
$143,560
Cap Rate 7%
$102,543
Cap Rate 9%
$79,756
Alternative Uses
Best Use
Office B
$102.5K
$89.7K – $119.6K
NOI $7,178 @ 7.0% cap · market cap 652.55%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$122.9K
$107.5K – $143.4K
NOI $8,601 @ 7.0% cap · market cap 781.91%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
3,524
Businesses Nearby
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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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Market
Vacancy Rate% for Office in Miami, FL
Frequently Asked Questions
What type of property is this?
Office unit - Interior office unit designated for administrative use with electric service included and access to common meeting and break areas.
Where is this office unit located?
The property is located at 12150 SW 128th Ct Unit #212 Miami, FL.
What are key features of this property?
This property features: 225‑square‑foot interior office unit; Administrative use only; Electric service included
