Open-Plan Office
New
For Sale
Contact for pricing
13-13303 Sw 124th St, Miami, FL 33168
Two restrooms support day-to-day use in a flexible commercial office setting.
Property Size1,500 SF
Price / SF$1.73
Days on Market5
Property Features for 13-13303 Sw 124th St
General Information
Standard status
Active
Size
1,500 SF
Amenities
two restrooms
Listing Agency:
Sweet Home Realty, LLC
Listed By:
Carlos Chirino · License #3313695
(786) 838-1626
Source:
Exprealty
Added: Oct 17
Changed: Oct 20
Last Checked: Oct 21 at 12:14AM
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 Sweet Home Realty, LLC
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This office unit offers approximately 1,500 square feet arranged in an open plan. The layout can accommodate workstations, shared work areas, and meeting or conference space, with room to configure the interior around operational needs. Two restrooms are included.
Located at 13303 SW 124 St in Miami, Florida, the property is offered for sale.
Located at 13303 SW 124 St in Miami, Florida, the property is offered for sale.
Key Highlights
- Approximately 1,500 SF of office space
- Open floor plan suited to multiple office configurations
- Two restrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$43,031
Suggested Prices Based on Cap Rates
Cap Rate 5%
$860,620
$860.6K
Cap Rate 7%
$614,729
$614.7K
Cap Rate 9%
$478,122
$478.1K
Market Conditions
NOI Build-Up for 1,500 SF
Gross rent
$67.5K $45.00/SF
− Vacancy
−$10.1K −$6.75/SF
EGI
$57.4K $38.25/SF
− OpEx
−$14.3K −$9.56/SF
NOI
$43.0K $28.69/SF
Area
Miami, FL
Vacancy
15.00%
Lease Rate
$45.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$860,620
Cap Rate 7%
$614,729
Cap Rate 9%
$478,122
Alternative Uses
Best Use
Office B
$614.7K
$537.9K – $717.2K
NOI $43,031 @ 7.0% cap · market cap 1,655.04%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.01M
$886.0K – $1.18M
NOI $70,876 @ 7.0% cap · market cap 2,726.00%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
981
Businesses Nearby
Explore this area
Business Placement
Demographics for 33168, FL
24,715
Population
6,761
Households
3.7
Avg Household Size
39
Median Age
16%
College-Educated
79%
High-School Grad
3.6 sq mi
ZIP Area
6,865
Density / Sq Mi
$58,636
Median Household Income
$31,984
Median Earnings
$1,576
Median Rent
$329,000
Median Home Value
Market
Vacancy Rate% for Office in Miami, FL
Frequently Asked Questions
What type of property is this?
Office unit - Two restrooms support day-to-day use in a flexible commercial office setting.
Where is this office unit located?
The property is located at 13-13303 Sw 124th St Miami, FL.
What are key features of this property?
This property features: Approximately 1,500 SF of office space; Open floor plan suited to multiple office configurations; Two restrooms
