Office Suite with
New
For Sale
Contact for pricing
13590 SW 134th Avenue #216, Miami, FL 33186
Second-floor workspace offers elevator service and on-site surface parking for tenants and visitors.
Property Size713 SF
Price / SF$3.51
Days on Market5
Property Features for 13590 SW 134th Avenue #216
General Information
Standard status
Active
Size
713 SF
Elevators
Yes
Property subtype
Office
Space & Availability
Floor
2
Condition
Move-in Ready
Additional Details
Property Use
Executive Suites
Amenities
natural light
balcony
professional common areas
Building Details
Year Built
2006
Listing Agency:
Reaction Realty Group, Inc.
(954) 967-6767
Listed By:
Maria Cecilia Introini · License #3100014
(754) 214-9352
Source:
Lehmannflorida
Added: Oct 20
Changed: Oct 23
Last Checked: Oct 23 at 3:43AM
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 Reaction Realty Group, Inc.
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Investment Insights
Based on property information with market context.
This second-floor office unit at Pavilion Executive Office Suites includes a balcony, natural light, and a recently installed air-conditioning system. Elevator access serves the floor, and the building provides shared restrooms and wide hallways. The suite is identified as Unit 216, with a position near the building front and visibility from the road.
The property is at 13590 SW 134th Ave in Miami, within the West Kendall / Tamiami area. On-site surface parking is available for tenants and visiting clients. The building was constructed in 2006.
The property is at 13590 SW 134th Ave in Miami, within the West Kendall / Tamiami area. On-site surface parking is available for tenants and visiting clients. The building was constructed in 2006.
Key Highlights
- Unit 216 is on the second floor with elevator access
- Balcony and natural light
- Recently installed air‑conditioning system
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,745
Suggested Prices Based on Cap Rates
Cap Rate 5%
$454,900
$454.9K
Cap Rate 7%
$324,929
$324.9K
Cap Rate 9%
$252,722
$252.7K
Market Conditions
NOI Build-Up for 713 SF
Gross rent
$35.7K $50.04/SF
− Vacancy
−$5.4K −$7.51/SF
EGI
$30.3K $42.53/SF
− OpEx
−$7.6K −$10.63/SF
NOI
$22.7K $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%
$454,900
Cap Rate 7%
$324,929
Cap Rate 9%
$252,722
Alternative Uses
Best Use
Office B
$324.9K
$284.3K – $379.1K
NOI $22,745 @ 7.0% cap · market cap 909.80%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$389.4K
$340.7K – $454.3K
NOI $27,255 @ 7.0% cap · market cap 1,090.20%
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 - Second-floor workspace offers elevator service and on-site surface parking for tenants and visitors.
Where is this office unit located?
The property is located at 13590 SW 134th Avenue #216 Miami, FL.
What are key features of this property?
This property features: Unit 216 is on the second floor with elevator access; Balcony and natural light; Recently installed air‑conditioning system
