Flex Space with Office
For Sale
$1,295,000
Pending
12300 SW 130th St, Miami, FL 33186
Commercial Sale, Miami, FL
Property Size2,770 SF
Lot Size0.10 Acres
Days on Market91
Property Features for 12300 SW 130th St
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
7700
Parking
5
Subdivision
59
Standard status
Pending
APN
30-59-13-025-0008
Lot size
0.10 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
MIRANA INDUSTRIAL PARK PB 159-13 T-21091 E29.90FT OF W65.12FT OF LOT 1 BLK 1 LOT SIZE 4186 SQ FT FAU 30-5913-015-0010 & 0020 OR 24717-3289 0
Tax Annual Amount
8100
HOA Fee
$850 Monthly
Legal Description
MIRANA INDUSTRIAL PARK PB 159-13 T-21091 E29.90FT OF W65.12FT OF LOT 1 BLK 1 LOT SIZE 4186 SQ FT FAU 30-5913-015-0010 & 0020 OR 24717-3289 0
Building Details
Year built
2005
Listing Agency:
Florida Realty of Miami Corp
(305) 598-5488
Listed By:
Manuel Gutierrez · License #0699710
(305) 244-8091
Added: Jun 30
Changed: Sep 2
Last Checked: Sep 28 at 3:06PM
MLS# A11947268
Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 2,770-square-foot flex-space property combines office and warehouse areas within a commercial building constructed in 2005. The asset occupies a 0.0961-acre parcel and includes frontage-oriented office space alongside warehouse functionality.
Located at 12300 SW 130th St in Miami, the property is positioned near the 128 St exit from the expressway, providing direct access to the surrounding roadway network.
Located at 12300 SW 130th St in Miami, the property is positioned near the 128 St exit from the expressway, providing direct access to the surrounding roadway network.
Key Highlights
- 2,770 total square feet of flex space
- Office and warehouse combination
- 0.0961‑acre parcel
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$88,364
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.82%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,767,280
$1.8M
Cap Rate 7%
$1,262,343
$1.3M
Cap Rate 9%
$981,822
$981.8K
Market Conditions
NOI Build-Up for 2,770 SF
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.
Gross rent
$138.6K $50.04/SF
− Vacancy
−$20.8K −$7.51/SF
EGI
$117.8K $42.53/SF
− OpEx
−$29.5K −$10.63/SF
NOI
$88.4K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,767,280
Cap Rate 7%
$1,262,343
Cap Rate 9%
$981,822
Alternative Uses
Best Use
Office B
$1.26M
$1.10M – $1.47M
NOI $88,364 @ 7.0% cap · market cap 6.82%
Second Best
Warehouse
$645.5K
$564.9K – $753.1K
NOI $45,188 @ 7.0% cap · market cap 3.49%
Theoretical Best
Office A
$1.51M
$1.32M – $1.76M
NOI $105,884 @ 7.0% cap · market cap 8.18%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,486
Businesses Nearby
Balanced
Demand for This Use
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
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Frequently Asked Questions
What type of property is this?
Flex space - Office and warehouse configuration with frontage near an expressway exit.
Where is this flex space located?
The property is located at 12300 SW 130th St Miami, FL.
What is the asking price?
The asking price for this property is $1,295,000.
What are key features of this property?
This property features: 2,770 total square feet of flex space; Office and warehouse combination; 0.0961‑acre parcel
