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Warehouse Condo with Legal Second Floor
For Sale
$569,000

14250 SW 136th St 6, Miami, FL 33186

Warehouse condominium with a legally built second floor in a gated complex near Tamiami Airport.

Property Size2,110 SF
Price / SF$269.67
Days on Market27

Property Features for 14250 SW 136th St 6

General Information

Standard status Active
Size 2,110 SF

Additional Details

Fenced Yard Yes

Building Details

Year Built 1989
Buildings 1
Stories 2
Listing Agency: Realty Plus, LLC
Listed By: Alfredo Perez · License #0684243
Source: Chenoregroup
Added: Sep 10 Changed: Oct 5 Last Checked: Oct 5 at 11:20PM

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.

Warehouse #6 offers 2,110 square feet within a condominium warehouse complex. Built in 1989, the property includes a legally constructed second floor, with the configuration limiting high-ceiling clearance. The unit is identified as Warehouse #6 and is located at 14250 SW 136th St 6, Miami, FL 33186.

The complex is gated from sundown to sunset and sits parallel to Tamiami Airport. 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 corner warehouse, Warehouse #5, is also identified as available for separate purchase.

Key Highlights

  • 2,110‑square‑foot Warehouse #6
  • Legally built second floor
  • Built in 1989

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$34,421
Cap Rate
6.05%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$688,420 $688.4K
Cap Rate 7%
$491,729 $491.7K
Cap Rate 9%
$382,456 $382.5K
Market Conditions
NOI Build-Up for 2,110 SF
Gross rent
$42.5K $20.16/SF
− Vacancy
−$2.0K −$0.97/SF
EGI
$40.5K $19.19/SF
− OpEx
−$6.1K −$2.88/SF
NOI
$34.4K $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%
$688,420
Cap Rate 7%
$491,729
Cap Rate 9%
$382,456

Alternative Uses

Best Use
Warehouse
$491.7K
$430.3K – $573.7K (±1% cap)
NOI $34,421 @ 7.0% cap · market cap 6.05%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.15M
$1.01M – $1.34M (±1% cap)
NOI $80,655 @ 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

TABACART CIGARS (Bike/Boat/Book/etc) Store Latorre Ductwork, Inc Construction Company Super Spin Inc Department Store Diamond Plumbing Plumbing Service Prime 1 Roofing Roofing Company

Suggested Use

Top Pick Dental Office Parking Lot & Garage Grocery & Convenience Store Daycare Center Pharmacy (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Fenced yard

Location Intelligence

Trade Area within ½ mile

1,620
Businesses Nearby
Well-served
Demand for This Use

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

4.1% 2019
4.6% 2020
2.2% 2021
1.6% 2022
2.4% 2023
5.7% 2024
6.5% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Warehouse - Warehouse condominium with a legally built second floor in a gated complex near Tamiami Airport.
Where is this warehouse located?
The property is located at 14250 SW 136th St 6 Miami, FL.
What is the asking price?
The asking price for this property is $569,000.
What are key features of this property?
This property features: 2,110‑square‑foot Warehouse #6; Legally built second floor; Built in 1989
More about this property
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