Second-Floor Office
New
For Sale
Contact for pricing
12258 SW 131st Avenue #4, Miami, FL 33186
The unit has a private entrance within a warehouse building.
Property Size500 SF
Price / SF$1.90
Days on Market4
Property Features for 12258 SW 131st Avenue #4
General Information
Standard status
Active
Size
500 SF
Property subtype
Business
Additional Details
Floor
Second Floor
Property Use
Office
Amenities
Private Entrance
Building Details
Year Built
1984
Listing Agency:
Luxe Properties
(305) 809-7650
Listed By:
Denisse Uyema · License #3260483
(305) 978-6801
Source:
Lehmannflorida
Added: Oct 29
Changed: Oct 31
Last Checked: Nov 1 at 5:38AM
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 Luxe Properties
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 500-square-foot office unit occupies the second floor of a warehouse building and has a private entrance. Its compact footprint provides a defined office space within the larger building. The property was built in 1984.
Key Highlights
- 500‑square‑foot office unit on the second floor
- Private entrance for the unit
- Located within a warehouse building
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,950
Suggested Prices Based on Cap Rates
Cap Rate 5%
$319,000
$319.0K
Cap Rate 7%
$227,857
$227.9K
Cap Rate 9%
$177,222
$177.2K
Market Conditions
NOI Build-Up for 500 SF
Gross rent
$25.0K $50.04/SF
− Vacancy
−$3.8K −$7.51/SF
EGI
$21.3K $42.53/SF
− OpEx
−$5.3K −$10.63/SF
NOI
$16.0K $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%
$319,000
Cap Rate 7%
$227,857
Cap Rate 9%
$177,222
Alternative Uses
Best Use
Office B
$227.9K
$199.4K – $265.8K
NOI $15,950 @ 7.0% cap · market cap 1,678.95%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$273.0K
$238.9K – $318.6K
NOI $19,113 @ 7.0% cap · market cap 2,011.89%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
3,811
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
View Realmo Analytics
Market
Vacancy Rate% for Office in Miami, FL
Frequently Asked Questions
What type of property is this?
Office unit - The unit has a private entrance within a warehouse building.
Where is this office unit located?
The property is located at 12258 SW 131st Avenue #4 Miami, FL.
What are key features of this property?
This property features: 500‑square‑foot office unit on the second floor; Private entrance for the unit; Located within a warehouse building
