Corner Updated Warehouse with
12931 SW 133rd Court #12931 Miami, FL 33186
For Sale
$550,000
Pending
Corner warehouse with a private office, open warehouse layout, full air-conditioning, and a large street-level roll-up door.
Property Size1,012 SF
Days on Market46
Property Features for 12931 SW 133rd Court #12931
General Information
- Standard status
- Pending
- Size
- 1,012 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1994
Listing Agency:
FLORIDA REALTY OF MIAMI CORP
(305) 248-2999
Listed By:
MANUEL G GUTIERREZ · License #A11946974
Source:
Corcoran
Added: Jun 9
Changed: Jul 22
Last Checked: Jul 23 at 9:20AM
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 FLORIDA REALTY OF MIAMI CORP
Investment Insights
Based on property information with market context.
This corner warehouse space is updated and configured with one private office and a predominantly open warehouse layout. The space is fully air-conditioned throughout, supporting year-round comfort for day-to-day operations. Loading and access are handled via a large street-level roll-up door designed for practical deliveries and straightforward vehicle entry.
Located in the Kendall/33186 industrial corridor, the property offers convenient access to major roadways. The corner positioning also helps provide loading access and visibility from the street.
Ideal for a range of industrial and service uses, the combination of office space and open warehouse area supports contractors, distribution, light manufacturing, and service businesses.
Located in the Kendall/33186 industrial corridor, the property offers convenient access to major roadways. The corner positioning also helps provide loading access and visibility from the street.
Ideal for a range of industrial and service uses, the combination of office space and open warehouse area supports contractors, distribution, light manufacturing, and service businesses.
Key Highlights
- Corner warehouse built in 1994 with predominantly open warehouse layout
- Includes one private office
- Fully air‑conditioned throughout
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 | $50.6k | $50.04 |
| − Vacancy | −$7.6k | −$7.51 |
| EGI | $43.0k | $42.53 |
| − OpEx | −$10.8k | −$10.63 |
| NOI | $32.3k | $31.90 |
1,012 SF · lease $50.04/SF/yr · vacancy 15.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$461.2K
$403.5K – $538.1K
NOI $32,283 @ 7.0% cap · market cap 5.87%
Second Best
Warehouse
$235.8K
$206.4K – $275.2K
NOI $16,509 @ 7.0% cap · market cap 3.00%
Theoretical Best
Office A
$552.6K
$483.6K – $644.7K
NOI $38,684 @ 7.0% cap · market cap 7.03%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office Units
Similar Off Market Nearby
- Extra Space Storage — 5601 SW 135th Ave, Miami, FL 33183
FAQs
What type of property is this?
Warehouse - Corner warehouse with a private office, open warehouse layout, full air-conditioning, and a large street-level roll-up door.
Where is this warehouse located?
The property is located at 12931 SW 133rd Court #12931 Miami, FL.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Corner warehouse built in 1994 with predominantly open warehouse layout; Includes one private office; Fully air‑conditioned throughout
