Office Space with Conference
For Sale
Contact for pricing
12150 SW 128th Ct Suite 218, Miami, FL 33186
Office suite includes conference rooms, a downstairs kitchen, and plenty of parking for staff and visitors.
Property Size36,024 SF
Price / SF$0.02
Days on Market99
Property Features for 12150 SW 128th Ct Suite 218
General Information
Standard status
Active
Size
36,024 SF
Property subtype
Business Opportunity
Additional Details
Highway Access
Yes
Amenities
conference rooms
kitchen downstairs
parking
Building Details
Year Built
2007
Listing Agency:
Lapeyre Realty Inc
Listed By:
Ivonne Lapeyre · License #A12040169
(305) 785-0747
Source:
Mymiahomes
Added: Jul 21
Changed: Oct 26
Last Checked: Oct 7 at 4:53PM
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.
Available for sale: a sublease office space located at 12150 SW 128th Ct Suite 218, Miami, FL 33186. The space is configured with conference rooms and includes a kitchen located downstairs. Parking is available for the business and its visitors.
The property is described as being in an excellent area close to the highway and nearby shopping centers, providing practical access for employees and clients.
This office suite is presented as a turnkey option for an operating business that needs dedicated meeting space and on-site food preparation within the suite layout.
The property is described as being in an excellent area close to the highway and nearby shopping centers, providing practical access for employees and clients.
This office suite is presented as a turnkey option for an operating business that needs dedicated meeting space and on-site food preparation within the suite layout.
Key Highlights
- Office suite built in 2007
- Includes conference rooms
- Downstairs kitchen included
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.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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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
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Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
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 plenty of parking for staff and visitors.
Where is this office unit located?
The property is located at 12150 SW 128th Ct Suite 218 Miami, FL.
What are key features of this property?
This property features: Office suite built in 2007; Includes conference rooms; Downstairs kitchen included
