Warehouse Condo
12230 Sw 132nd Ct Miami, FL 33186
For Sale
Contact for pricing
Functional 530 SF warehouse condo unit for sale, positioned in Miami’s Kendall industrial area.
Property Size530 SF
Price / SF$550
Days on Market8
Property Features for 12230 Sw 132nd Ct
General Information
- Standard status
- Active
- Size
- 530 SF
- Property subtype
- INDUSTRIAL
Listing Agency:
Fausto Commercial Realty
(305) 753-4200
Listed By:
Joshua Jimenez · License #SL3547274
Source:
Moodyscre
Added: Jul 17
Changed: Jul 18
Last Checked: Jul 21 at 8:12AM
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 Fausto Commercial Realty
Investment Insights
Based on property information with market context.
This for-sale warehouse condo unit offers 530 square feet of compact, functional warehouse space well suited to a variety of small commercial users. The property is presented as a low-maintenance warehouse condo within a larger industrial setting.
The unit is located in Kendall, within Miami’s industrial corridor, and is listed as being just minutes from Miami Executive Airport. The address is 12230 SW 132nd Ct, Miami, FL 33186.
As a warehouse condo, the space is designed for practical storage and light logistics use within an established industrial environment.
The unit is located in Kendall, within Miami’s industrial corridor, and is listed as being just minutes from Miami Executive Airport. The address is 12230 SW 132nd Ct, Miami, FL 33186.
As a warehouse condo, the space is designed for practical storage and light logistics use within an established industrial environment.
Key Highlights
- Functional 530 SF warehouse condo unit for sale in Miami’s Kendall industrial area
- Efficient warehouse layout suited for small businesses and e‑commerce operations
- Strategically located in Miami’s industrial corridor, minutes from Miami Executive Airport
Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $10.7k | $20.16 |
| − Vacancy | −$513 | −$0.97 |
| EGI | $10.2k | $19.19 |
| − OpEx | −$1.5k | −$2.88 |
| NOI | $8.6k | $16.31 |
530 SF · lease $20.16/SF/yr · vacancy 4.80% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$123.5K
$108.1K – $144.1K
NOI $8,646 @ 7.0% cap · market cap 2.97%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$289.4K
$253.2K – $337.7K
NOI $20,259 @ 7.0% cap · market cap 6.95%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Warehouses
Similar Off Market Nearby
- A+ Storage — 12981 SW 137th Ave, Miami, FL 33186
- NVS Moving & Storage — 13370 SW 131st St, Miami, FL 33186
- A+ Storage — 12855 SW 136th Ave, Miami, FL 33186
- A+ Mini Storage — 12855 sw 136th ave, miami, fl 33186
- Armstrong Relocation Services — 12914 SW 133rd Ct, Miami, FL 33186
FAQs
What type of property is this?
Warehouse - Functional 530 SF warehouse condo unit for sale, positioned in Miami’s Kendall industrial area.
Where is this warehouse located?
The property is located at 12230 Sw 132nd Ct Miami, FL.
What is the asking price?
The asking price for this property is $291,500.
What are key features of this property?
This property features: Functional 530 SF warehouse condo unit for sale in Miami’s Kendall industrial area; Efficient warehouse layout suited for small businesses and e‑commerce operations; Strategically located in Miami’s industrial corridor, minutes from Miami Executive Airport
