Office Flex Unit with Warehouse
13380 SW 131st St 119 Miami, FL 33186
New
13380 SW 131st St 119, Miami, FL, 33186
$299,000
For Sale
$299,000
Fully air-conditioned office unit with a private half bathroom, two assigned parking spaces, and an operational warehouse door.
Property Size1,187 SF
Price / SF$251.90
Days on Market2
Property Features for 13380 SW 131st St 119
General Information
- Standard status
- Active
- Size
- 1,187 SF
Building Details
- Year Built
- 1990
Listing agency
Preztige Realty, LLC
Listed by
Victor Perez · License #A12048449
Source
Mymiahomes
Added: Jul 21 Checked: Jul 22 at 4:50AM
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 Preztige Realty, LLC
Investment Insights
Based on property information with market context.
This permitted and converted office unit is offered as a practical office-flex space, featuring full air-conditioning and a private half bathroom. An operational warehouse door remains in place, providing flexibility for future conversion back to mini-warehouse or flex use, subject to association and governmental approval. The unit also includes two assigned parking spaces, along with guest parking, and water is included in the association fee. A new roof is scheduled for 2026.
The property is located at 13380 SW 131st St, unit 119, in Miami, Florida. Buyers should review association rules and verify permitted use, zoning, and any conversion options based on their intended use.
Before closing, the buyer should confirm the square footage and suitability for their goals, including whether the space can be converted back to a flex or mini-warehouse configuration under applicable approvals.
The property is located at 13380 SW 131st St, unit 119, in Miami, Florida. Buyers should review association rules and verify permitted use, zoning, and any conversion options based on their intended use.
Before closing, the buyer should confirm the square footage and suitability for their goals, including whether the space can be converted back to a flex or mini-warehouse configuration under applicable approvals.
Key Highlights
- 1,187 sq. ft. office unit permitted and converted from its prior use (per owner/plans).
- Fully air‑conditioned office space with a private half bathroom.
- Includes 2 assigned parking spaces plus plenty of guest parking.
Local 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 | $23.9k | $20.16 |
| − Vacancy | −$1.1k | −$0.97 |
| EGI | $22.8k | $19.19 |
| − OpEx | −$3.4k | −$2.88 |
| NOI | $19.4k | $16.31 |
1,187 SF · lease $20.16/SF/yr · vacancy 4.80% · expense 15.00%
Alternative Uses
Best Use
Office B
$540.9K
$473.3K – $631.1K
NOI $37,866 @ 7.0% cap · market cap 12.66%
Second Best
Warehouse
$276.6K
$242.1K – $322.7K
NOI $19,364 @ 7.0% cap · market cap 6.48%
Theoretical Best
Office A
$648.2K
$567.2K – $756.2K
NOI $45,373 @ 7.0% cap · market cap 15.17%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
M & M Mortgage ...
Loan Service
Condental Lab Inc
Dental Office
Reach For the Arts Inc
Vocational School
Sorpresas Party Rental
Event Planning
Emergency Disaster Restoration ...
Hardware & Home Improvement
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FAQs
What type of property is this?
Office units - Fully air-conditioned office unit with a private half bathroom, two assigned parking spaces, and an operational warehouse door.
Where is this office units located?
The property is located at 13380 SW 131st St 119 Miami, FL.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: 1,187 sq. ft. office unit permitted and converted from its prior use (per owner/plans).; Fully air‑conditioned office space with a private half bathroom.; Includes 2 assigned parking spaces plus plenty of guest parking.
