Auto Shop Condominiums with
New
For Sale
$980,000
12459 SW 130th St #12, Miami, FL 33186
Three connected units include body-shop equipment and can also serve warehouse or flex use.
Property Size2,361 SF
Price / SF$415.08
Days on Market3
Property Features for 12459 SW 130th St #12
General Information
Standard status
Active
Size
2,361 SF
Total Parking Spaces
15
Property subtype
Commercial
Zoning
7700
Site & Location
Highway Access
Yes
Road Access
Yes
Fenced Yard
Yes
Additional Details
Clear Height
12 ft
Automotive Uses
collision/body shop
Real Estate Included
Yes
Property Use
Body Shop
Taxes and HOA fees
Annual Taxes
$6,120
Amenities
12-ft ceilings
roll-up loading doors
Building Details
Building Size
2,361 SF
Year Built
1986
Buildings
1
Stories
1
Listing Agency:
BHHS EWM Realty
(305) 960-2400
Listed By:
Carlos Olivares · License #3051724
(305) 894-6637
Source:
Futureoptionrealty
Added: Oct 23
Changed: Oct 24
Last Checked: Oct 24 at 3:05PM
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 BHHS EWM Realty
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Investment Insights
Based on property information with market context.
Three adjoining industrial condominium units provide a combined 2,361 square feet and are configured for automotive work. The asset sale includes a paint booth, three compressors, vehicle setup and pulling machinery, tent and storage equipment, and assorted materials. The units can also accommodate warehouse or flex use. Building features include 12-foot ceilings, roll-up loading doors, and access from both sides.
The fenced complex has a nightly security gate and 15 assigned parking spaces, with five allocated to each unit; additional parking is available. The property is one mile from Miami Executive Airport and minutes from SR 874 and the Florida Turnpike.
The fenced complex has a nightly security gate and 15 assigned parking spaces, with five allocated to each unit; additional parking is available. The property is one mile from Miami Executive Airport and minutes from SR 874 and the Florida Turnpike.
Key Highlights
- Three contiguous auto‑shop units totaling 2,361 SF
- Automotive use zoning; paint booth, 3 compressors, and setup and pull machinery included
- 12‑ft ceilings, roll‑up loading doors, and access from both sides of the building
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$56,839
Cap Rate
5.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,136,780
$1.1M
Cap Rate 7%
$811,986
$812.0K
Cap Rate 9%
$631,544
$631.5K
Market Conditions
NOI Build-Up for 2,361 SF
Gross rent
$96.9K $41.04/SF
− Vacancy
−$15.7K −$6.65/SF
EGI
$81.2K $34.39/SF
− OpEx
−$24.4K −$10.32/SF
NOI
$56.8K $24.07/SF
Area
ZIP 33186
Vacancy
16.20%
Lease Rate
$41.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,136,780
Cap Rate 7%
$811,986
Cap Rate 9%
$631,544
Alternative Uses
Best Use
Retail
$812.0K
$710.5K – $947.3K
NOI $56,839 @ 7.0% cap · market cap 5.80%
Second Best
Flex RnD
$544.1K
$476.1K – $634.7K
NOI $38,084 @ 7.0% cap · market cap 3.89%
Theoretical Best
Office A
$1.29M
$1.13M – $1.50M
NOI $90,250 @ 7.0% cap · market cap 9.21%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
12 ft
Clear height
Yes
Fenced yard
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
2,176
Businesses Nearby
Well-served
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Miami, FL
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- SMART CORSA — 13230 SW 132nd Ave, Miami, FL 33186
Frequently Asked Questions
What type of property is this?
Auto shop - Three connected units include body-shop equipment and can also serve warehouse or flex use.
Where is this auto shop located?
The property is located at 12459 SW 130th St #12 Miami, FL.
What is the asking price?
The asking price for this property is $980,000.
What are key features of this property?
This property features: Three contiguous auto‑shop units totaling 2,361 SF; Automotive use zoning; paint booth, 3 compressors, and setup and pull machinery included; 12‑ft ceilings, roll‑up loading doors, and access from both sides of the building
