Connected Office/Warehouse Flex
For Sale
$200,000
Pending
12179 SW 132 CT Unit 11, Kendall, FL 33186
Flex space with a back-to-back office and warehouse layout, plus four parking spaces and water included in association.
Property Size800 SF
Days on Market3949
Property Features for 12179 SW 132 CT Unit 11
General Information
Standard status
Pending
Size
800 SF
Property subtype
General Commercial
Additional Details
HOA Fee
$191.67
Amenities
3
4 Parking Spaces.
Building Details
Year Built
1985
Listing Agency:
The Heat Realty of S.F. LLC
(786) 663-3349
Listed By:
Lenuam Garcia · License #3246015
(786) 663-3349
Source:
Xome
Added: Oct 15, 2015
Changed: Jul 31
Last Checked: Jul 31 at 3:20AM
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 The Heat Realty of S.F. LLC
Investment Insights
Based on property information with market context.
This flex space offers a connected, back-to-back office and warehouse configuration. The property is presented as being sold together with 12165 SW 132 CT Unit 4 (both connected units included for the same overall transaction), creating a combined setup that includes two warehouse spaces and four office spaces. Water is included with the association.
The property is located at 12179 SW 132 CT Unit 11 in Kendall, FL 33186, within an association structure where dues are reported as $575 every 3 months for both units. Built in 1985, the unit includes four parking spaces.
Designed to support a mix of light industrial and professional use types, the configuration is described for uses such as medical offices, light manufacturing, house of worships, music and dance studios, shipping warehousing, trades, and professional services including real estate, property management, and other office uses.
The property is located at 12179 SW 132 CT Unit 11 in Kendall, FL 33186, within an association structure where dues are reported as $575 every 3 months for both units. Built in 1985, the unit includes four parking spaces.
Designed to support a mix of light industrial and professional use types, the configuration is described for uses such as medical offices, light manufacturing, house of worships, music and dance studios, shipping warehousing, trades, and professional services including real estate, property management, and other office uses.
Key Highlights
- Connected back‑to‑back office and warehouse layout
- Includes four parking spaces
- Water included with the association
Financial Insights For Warehouse
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 | $16.1k | $20.16 |
| − Vacancy | −$774 | −$0.97 |
| EGI | $15.4k | $19.19 |
| − OpEx | −$2.3k | −$2.88 |
| NOI | $13.1k | $16.31 |
800 SF · lease $20.16/SF/yr · vacancy 4.80% · expense 15.00%
Alternative Uses
Best Use
Office B
$364.6K
$319.0K – $425.3K
NOI $25,520 @ 7.0% cap · market cap 12.76%
Second Best
Warehouse
$186.4K
$163.1K – $217.5K
NOI $13,051 @ 7.0% cap · market cap 6.53%
Theoretical Best
Office A
$436.9K
$382.3K – $509.7K
NOI $30,580 @ 7.0% cap · market cap 15.29%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
3,051
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 South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Maxwell Catering — 12985 SW 130th Ct, Miami, FL 33186
- Food by DN Corp — 12350 SW 132nd Ct #105, Miami, FL 33186
- The Pickled Beet Miami Personal Chef — 12276 SW 131st Ave, Miami, FL 33186
- The Great Rome — 12701 SW 137th Ave, Miami, FL 33186
Frequently Asked Questions
What type of property is this?
Flex space - Flex space with a back-to-back office and warehouse layout, plus four parking spaces and water included in association.
Where is this flex space located?
The property is located at 12179 SW 132 CT Unit 11 Kendall, FL.
What is the asking price?
The asking price for this property is $200,000.
What are key features of this property?
This property features: Connected back‑to‑back office and warehouse layout; Includes four parking spaces; Water included with the association
