Flex Office/Warehouse
For Sale
$665,000
129-10890 Nw 129th Ave, Miami, FL 33184
Flex office/warehouse unit with easy access to major regional routes, Miami International Airport, and the FL Turnpike.
Property Size1,144 SF
Price / SF$581.29
Days on Market54
Property Features for 129-10890 Nw 129th Ave
General Information
Standard status
Active
Size
1,144 SF
Additional Details
Highway Access
Yes
Listing Agency:
Jade State Realty LLC
(305) 710-6411
Listed By:
Maria Gabriela Garcia · License #A11886708
(305) 710-6411
Source:
Exprealty
Added: Jun 9
Changed: Jul 27
Last Checked: Jul 31 at 8:27PM
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 Jade State Realty LLC
Investment Insights
Based on property information with market context.
This flex office/warehouse unit includes an office component alongside warehouse space, designed to support business operations that benefit from both work and storage under one roof.
The property is positioned for convenient access to the FL Turnpike, Miami International Airport, and 836, providing practical connectivity for established operations and new business activities.
Offered for sale, this unit is best suited for tenants or owners looking for a combined office-and-warehouse configuration with straightforward regional access.
The property is positioned for convenient access to the FL Turnpike, Miami International Airport, and 836, providing practical connectivity for established operations and new business activities.
Offered for sale, this unit is best suited for tenants or owners looking for a combined office-and-warehouse configuration with straightforward regional access.
Key Highlights
- Flex office/warehouse unit with easy access to major regional routes
- Located between the City of Doral and Sweetwater
- Close to Miami International Airport
Financial Insights For Office B
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 | $51.5k | $45.00 |
| − Vacancy | −$7.7k | −$6.75 |
| EGI | $43.8k | $38.25 |
| − OpEx | −$10.9k | −$9.56 |
| NOI | $32.8k | $28.69 |
1,144 SF · lease $45.00/SF/yr · vacancy 15.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$468.8K
$410.2K – $547.0K
NOI $32,819 @ 7.0% cap · market cap 4.94%
Second Best
Warehouse
$266.6K
$233.3K – $311.1K
NOI $18,663 @ 7.0% cap · market cap 2.81%
Theoretical Best
Specialty Retail
$772.2K
$675.7K – $900.9K
NOI $54,055 @ 7.0% cap · market cap 8.13%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
575
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 33184, FL
20,913
Population
6,773
Households
3.1
Avg Household Size
47
Median Age
33%
College-Educated
75%
High-School Grad
2.5 sq mi
ZIP Area
8,365
Density / Sq Mi
$77,443
Median Household Income
$36,361
Median Earnings
$1,926
Median Rent
$418,200
Median Home Value
Market
Vacancy Rate% for Office in Miami, FL
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Flex office/warehouse unit with easy access to major regional routes, Miami International Airport, and the FL Turnpike.
Where is this flex space located?
The property is located at 129-10890 Nw 129th Ave Miami, FL.
What is the asking price?
The asking price for this property is $665,000.
What are key features of this property?
This property features: Flex office/warehouse unit with easy access to major regional routes; Located between the City of Doral and Sweetwater; Close to Miami International Airport
