Office Unit With Open
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For Sale
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13303 SW 124th Street #13, Miami, FL 33186
The commercial suite includes two restrooms and an open interior for flexible office arrangements.
Property Size1,500 SF
Price / SF$1.73
Days on Market6
Property Features for 13303 SW 124th Street #13
General Information
Standard status
Active
Size
1,500 SF
Property subtype
Office
Building Details
Year Built
1988
Listing Agency:
Sweet Home Realty, LLC
Listed By:
Carlos O Chirino · License #3313695
(786) 838-1626
Source:
Lehmannflorida
Added: Oct 16
Changed: Oct 21
Last Checked: Oct 20 at 10:51PM
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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Investment Insights
Based on property information with market context.
This office unit at 13303 SW 124th St in Miami offers approximately 1,500 SF of open-plan workspace. Two restrooms serve the suite, and the interior can accommodate different office arrangements. The building was constructed in 1988.
Key Highlights
- Approximately 1,500 SF of office space
- Open‑plan interior suited to flexible office arrangements
- Two restrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$47,851
Suggested Prices Based on Cap Rates
Cap Rate 5%
$957,020
$957.0K
Cap Rate 7%
$683,586
$683.6K
Cap Rate 9%
$531,678
$531.7K
Market Conditions
NOI Build-Up for 1,500 SF
Gross rent
$75.1K $50.04/SF
− Vacancy
−$11.3K −$7.51/SF
EGI
$63.8K $42.53/SF
− OpEx
−$16.0K −$10.63/SF
NOI
$47.9K $31.90/SF
Area
ZIP 33186
Vacancy
15.00%
Lease Rate
$50.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$957,020
Cap Rate 7%
$683,586
Cap Rate 9%
$531,678
Alternative Uses
Best Use
Office B
$683.6K
$598.1K – $797.5K
NOI $47,851 @ 7.0% cap · market cap 1,840.42%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$819.1K
$716.7K – $955.6K
NOI $57,338 @ 7.0% cap · market cap 2,205.31%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
3,780
Businesses Nearby
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 Office in Miami, FL
Frequently Asked Questions
What type of property is this?
Office unit - The commercial suite includes two restrooms and an open interior for flexible office arrangements.
Where is this office unit located?
The property is located at 13303 SW 124th Street #13 Miami, FL.
What are key features of this property?
This property features: Approximately 1,500 SF of office space; Open‑plan interior suited to flexible office arrangements; Two restrooms
