Second-Floor Office
For Sale
$490,000
13590 SW 134th Avenue #201, Miami, FL 33186
Professional suite configured for medical use with deeded parking and access to major regional routes.
Property Size836 SF
Days on Market50
Property Features for 13590 SW 134th Avenue #201
General Information
Standard status
Active
Size
836 SF
Zoning
7700
Building Details
Building Size
836 SF
Year Built
2006
Listing Agency:
Avanti Way Commercial
Listed By:
Jerry Stapel
(305) 216-4636
Source:
Laerrealty
Added: Sep 11
Changed: Oct 25
Last Checked: Oct 28 at 5:00AM
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 Avanti Way Commercial
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Investment Insights
Based on property information with market context.
Suite 201 is a second-floor office condominium within a professional building constructed in 2006. The space is presently arranged for medical use and can support a range of professional office functions. Three parking spaces are deeded to the unit, providing dedicated on-site parking for occupants and visitors.
The property is positioned near Miami Executive Airport with access to the Florida Turnpike, SR-874, SW 120th Street, and the Kendall/Tamiami business corridor. Its office setting and medical-oriented configuration suit an owner-user or investor seeking a commercial condominium in an established professional environment. Zoning is designated 7700.
The property is positioned near Miami Executive Airport with access to the Florida Turnpike, SR-874, SW 120th Street, and the Kendall/Tamiami business corridor. Its office setting and medical-oriented configuration suit an owner-user or investor seeking a commercial condominium in an established professional environment. Zoning is designated 7700.
Key Highlights
- Suite 201 office condominium on the second floor
- Configured for medical use within a professional office building
- Three deeded parking spaces included with the unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,669
Cap Rate
5.44%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$533,380
$533.4K
Cap Rate 7%
$380,986
$381.0K
Cap Rate 9%
$296,322
$296.3K
Market Conditions
NOI Build-Up for 836 SF
Gross rent
$41.8K $50.04/SF
− Vacancy
−$6.3K −$7.51/SF
EGI
$35.6K $42.53/SF
− OpEx
−$8.9K −$10.63/SF
NOI
$26.7K $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%
$533,380
Cap Rate 7%
$380,986
Cap Rate 9%
$296,322
Alternative Uses
Best Use
Office B
$381.0K
$333.4K – $444.5K
NOI $26,669 @ 7.0% cap · market cap 5.44%
Second Best
Healthcare Medical
$159.9K
$140.0K – $186.6K
NOI $11,196 @ 7.0% cap · market cap 2.28%
Theoretical Best
Office A
$456.5K
$399.5K – $532.6K
NOI $31,956 @ 7.0% cap · market cap 6.52%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
2,831
Businesses Nearby
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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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Market
Vacancy Rate% for Office in Miami, FL
Frequently Asked Questions
What type of property is this?
Office unit - Professional suite configured for medical use with deeded parking and access to major regional routes.
Where is this office unit located?
The property is located at 13590 SW 134th Avenue #201 Miami, FL.
What is the asking price?
The asking price for this property is $490,000.
What are key features of this property?
This property features: Suite 201 office condominium on the second floor; Configured for medical use within a professional office building; Three deeded parking spaces included with the unit
