Office Suite with Conference
For Sale
Contact for pricing
12150 SW 128th Court Suite 218, Miami, FL 33186
Office suite includes conference rooms, a downstairs kitchen, and ample parking for day-to-day business operations.
Property Size36,024 SF
Price / SF$0.02
Days on Market125
Property Features for 12150 SW 128th Court Suite 218
General Information
Standard status
Active
Size
36,024 SF
Property subtype
Commercial
Additional Details
Highway Access
Yes
Building Details
Year Built
2007
Listing Agency:
Lapeyre Realty Inc
(305) 408-4007
Listed By:
Ivonne A Lapeyre · License #0415408
(305) 785-0747
Source:
Lehmannflorida
Added: Jun 19
Changed: Oct 21
Last Checked: Oct 20 at 9:52PM
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 Lapeyre Realty Inc
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Investment Insights
Based on property information with market context.
This office suite is offered as a sublease for rent and is configured for professional use. The space includes conference rooms to support meetings and client discussions, along with a kitchen located downstairs. Ample parking is available, which helps streamline day-to-day access for employees and visitors.
The property is positioned in an area described as being close to a highway and shopping centers, supporting convenient connectivity for commuting and business errands. The suite is identified as Unit/Suite 218 at 12150 SW 128th Court in Miami, Florida.
The layout is well-suited for businesses that need dedicated meeting space within their office environment and benefit from parking on-site. Tenants or operators looking for a ready-to-use office setup with conference space and practical amenities like a kitchen will find this configuration aligned with typical office workflows.
The property is positioned in an area described as being close to a highway and shopping centers, supporting convenient connectivity for commuting and business errands. The suite is identified as Unit/Suite 218 at 12150 SW 128th Court in Miami, Florida.
The layout is well-suited for businesses that need dedicated meeting space within their office environment and benefit from parking on-site. Tenants or operators looking for a ready-to-use office setup with conference space and practical amenities like a kitchen will find this configuration aligned with typical office workflows.
Key Highlights
- Office suite built in 2007
- Includes conference rooms
- Downstairs kitchen
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$1,149,184
Suggested Prices Based on Cap Rates
Cap Rate 5%
$22,983,680
$23.0M
Cap Rate 7%
$16,416,914
$16.4M
Cap Rate 9%
$12,768,711
$12.8M
Market Conditions
NOI Build-Up for 36,024 SF
Gross rent
$1.80M $50.04/SF
− Vacancy
−$270.4K −$7.51/SF
EGI
$1.53M $42.53/SF
− OpEx
−$383.1K −$10.63/SF
NOI
$1.15M $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%
$22,983,680
Cap Rate 7%
$16,416,914
Cap Rate 9%
$12,768,711
Alternative Uses
Best Use
Office B
$16.42M
$14.36M – $19.15M
NOI $1,149,184 @ 7.0% cap · market cap 176,797.54%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$19.67M
$17.21M – $22.95M
NOI $1,377,027 @ 7.0% cap · market cap 211,850.31%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
3,524
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
Check the figures for this property
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 - Office suite includes conference rooms, a downstairs kitchen, and ample parking for day-to-day business operations.
Where is this office unit located?
The property is located at 12150 SW 128th Court Suite 218 Miami, FL.
What are key features of this property?
This property features: Office suite built in 2007; Includes conference rooms; Downstairs kitchen
