Flex Space Condo with Grade-Level
For Sale
$450,000
13100 SW 134th St Unit 8, Miami, FL 33186
Industrial park flex space condominium with a functional office/warehouse layout and one grade-level bay door.
Property Size1,172 SF
Price / SF$383.96
Days on Market95
Property Features for 13100 SW 134th St Unit 8
General Information
Standard status
Active
Size
1,172 SF
Additional Details
Highway Access
Yes
Drive-In Doors
1
Building Details
Year Built
2006
Listing Agency:
Real Estate Sales Force
Listed By:
Antonio Cristobal
Source:
Thepennteam
Added: Jul 29
Changed: Oct 25
Last Checked: Oct 7 at 2:03PM
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 Real Estate Sales Force
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Investment Insights
Based on property information with market context.
This flex space condominium is a well-maintained industrial warehouse unit featuring a functional office/warehouse layout and one grade-level bay door. At 1,172 SF, the space is configured to support loading and day-to-day operations while keeping office functionality on-site.
The unit is centrally located within an industrial park and offers convenient access for loading and operations. Major roadway access includes the Florida Turnpike and SR-874, supporting efficient connectivity for industrial and commercial use, subject to zoning and association approval.
Built in 2006, this property is well-suited for an owner-user or an investor seeking an industrial warehouse condo format in a maintained industrial park setting.
The unit is centrally located within an industrial park and offers convenient access for loading and operations. Major roadway access includes the Florida Turnpike and SR-874, supporting efficient connectivity for industrial and commercial use, subject to zoning and association approval.
Built in 2006, this property is well-suited for an owner-user or an investor seeking an industrial warehouse condo format in a maintained industrial park setting.
Key Highlights
- 1,172 SF industrial warehouse condominium in a well‑maintained industrial park
- One grade‑level bay door for loading and operations
- Functional office/warehouse layout
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,119
Cap Rate
4.25%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$382,380
$382.4K
Cap Rate 7%
$273,129
$273.1K
Cap Rate 9%
$212,433
$212.4K
Market Conditions
NOI Build-Up for 1,172 SF
Gross rent
$23.6K $20.16/SF
− Vacancy
−$1.1K −$0.97/SF
EGI
$22.5K $19.19/SF
− OpEx
−$3.4K −$2.88/SF
NOI
$19.1K $16.31/SF
Area
ZIP 33186
Vacancy
4.80%
Lease Rate
$20.16 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$382,380
Cap Rate 7%
$273,129
Cap Rate 9%
$212,433
Alternative Uses
Best Use
Warehouse
$273.1K
$239.0K – $318.7K
NOI $19,119 @ 7.0% cap · market cap 4.25%
Second Best
Flex RnD
$270.1K
$236.3K – $315.1K
NOI $18,905 @ 7.0% cap · market cap 4.20%
Theoretical Best
Office A
$640.0K
$560.0K – $746.7K
NOI $44,800 @ 7.0% cap · market cap 9.96%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
1
Drive-in doors
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,434
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
Similar Off Market Nearby
- Black and White JRCD Corp — 13981 SW 122nd Ave, Miami, FL 33186
- Macitas express — 13800 SW 137th Ave, Miami, FL 33186
- Asados Nica-chef — 12821 SW 134th St, Miami, FL 33186
- Maxwell Catering — 12985 SW 130th Ct, Miami, FL 33186
- Corporate Caterers — 12015 SW 130th St #205, Miami, FL 33186
Frequently Asked Questions
What type of property is this?
Flex space - Industrial park flex space condominium with a functional office/warehouse layout and one grade-level bay door.
Where is this flex space located?
The property is located at 13100 SW 134th St Unit 8 Miami, FL.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: 1,172 SF industrial warehouse condominium in a well‑maintained industrial park; One grade‑level bay door for loading and operations; Functional office/warehouse layout
