Corner-End Warehouse with Second
For Sale
$686,580
14250 SW 136th St Unit 5, Miami, FL 33186
Gated warehouse condominium with a legally built second floor and association limitations on certain business activities.
Property Size2,546 SF
Price / SF$269.67
Days on Market79
Property Features for 14250 SW 136th St Unit 5
General Information
Standard status
Active
Size
2,546 SF
Site & Location
Road Access
Yes
Fenced Yard
Yes
Building Details
Year Built
1989
Buildings
1
Stories
2
Listing Agency:
Realty Plus, LLC
Listed By:
Alfredo Perez · License #0684243
(305) 815-9639
Source:
Chenoregroup
Added: Jul 20
Changed: Sep 12
Last Checked: Oct 5 at 7:56PM
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 Realty Plus, LLC
Investment Insights
Based on property information with market context.
This corner-end warehouse condominium contains 2,546 square feet and was built in 1989. The space includes a legally constructed second floor, providing a distinct multi-level configuration within the warehouse. The property is identified as Unit 5 at 14250 SW 136th St in Miami, Florida.
The warehouse is part of a gated complex near Tamiami Airport, with access controlled from sundown to sunset. The condominium association does not approve vehicle sales, mechanic operations, tire businesses, paint and body shops, food processing, or businesses that use or store chemicals. An adjacent Warehouse #6 is also identified as available for separate purchase consideration.
The warehouse is part of a gated complex near Tamiami Airport, with access controlled from sundown to sunset. The condominium association does not approve vehicle sales, mechanic operations, tire businesses, paint and body shops, food processing, or businesses that use or store chemicals. An adjacent Warehouse #6 is also identified as available for separate purchase consideration.
Key Highlights
- 2,546‑square‑foot warehouse condominium
- Corner‑end Warehouse #5 configuration
- Legally built second floor
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$41,534
Cap Rate
6.05%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$830,680
$830.7K
Cap Rate 7%
$593,343
$593.3K
Cap Rate 9%
$461,489
$461.5K
Market Conditions
NOI Build-Up for 2,546 SF
Gross rent
$51.3K $20.16/SF
− Vacancy
−$2.5K −$0.97/SF
EGI
$48.9K $19.19/SF
− OpEx
−$7.3K −$2.88/SF
NOI
$41.5K $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%
$830,680
Cap Rate 7%
$593,343
Cap Rate 9%
$461,489
Alternative Uses
Best Use
Warehouse
$593.3K
$519.2K – $692.2K
NOI $41,534 @ 7.0% cap · market cap 6.05%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.39M
$1.22M – $1.62M
NOI $97,322 @ 7.0% cap · market cap 14.17%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Yes
Fenced yard
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,620
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in Miami, FL
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Frequently Asked Questions
What type of property is this?
Warehouse - Gated warehouse condominium with a legally built second floor and association limitations on certain business activities.
Where is this warehouse located?
The property is located at 14250 SW 136th St Unit 5 Miami, FL.
What is the asking price?
The asking price for this property is $686,580.
What are key features of this property?
This property features: 2,546‑square‑foot warehouse condominium; Corner‑end Warehouse #5 configuration; Legally built second floor
