Updated Flex Space with Roll-Up
New
For Sale
$550,000
12933 SW 133rd Ct 12933, Miami, FL 33186
Air-conditioned flex space combines a private office with an open warehouse area and direct loading access.
Property Size1,012 SF
Price / SF$543.48
Days on Market5
Property Features for 12933 SW 133rd Ct 12933
General Information
Standard status
Active
Size
1,012 SF
Warehouse & Industrial
Drive-In Doors
1
Conditioned Warehouse
Yes
Amenities
air conditioning
roll-up door
Building Details
Year Built
1994
Listing Agency:
Florida Realty of Miami Corp
(305) 248-2999
Listed By:
Manuel Gutierrez · License #0699710
Source:
Mymiahomes
Added: Aug 2
Changed: Aug 3
Last Checked: Aug 5 at 11:13AM
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 updated flex space is arranged with one private office and a predominantly open warehouse area. The entire property is air-conditioned, and a street-level roll-up door supports direct loading access. Built in 1994, the property offers 1,012 of space within a corner configuration.
The property is located in Miami’s Kendall/33186 industrial corridor, with access to major roadways. Its warehouse layout and office component accommodate a range of contractor, distribution, light manufacturing, and service-business operations.
The property is located in Miami’s Kendall/33186 industrial corridor, with access to major roadways. Its warehouse layout and office component accommodate a range of contractor, distribution, light manufacturing, and service-business operations.
Key Highlights
- Corner flex space with 1,012 of property area
- One private office with predominantly open warehouse layout
- Air conditioning throughout the property
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 authorities.
Property Analytics
Current Use
Lease Details
1
Drive-in doors
Location Intelligence
Trade Area within ½ mile
923
Businesses Nearby
Under-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
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 - Air-conditioned flex space combines a private office with an open warehouse area and direct loading access.
Where is this flex space located?
The property is located at 12933 SW 133rd Ct 12933 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 flex space with 1,012 of property area; One private office with predominantly open warehouse layout; Air conditioning throughout the property
