Flex Space with Roll-Up
13690 SW 142nd Ave 23-a, Miami, FL 33186
For Sale
$419,900
Three private offices, a full bathroom, and front and rear access support varied business operations.
Property Size1,485 SF
Price / SF$282.76
Days on Market85
Property Features for 13690 SW 142nd Ave 23-a
General Information
Standard status
Size
Warehouse & Industrial
Warehouse Space
Loading
Additional Details
Highway Access
Building Details
Year Built
Listing Agency:
Mari Real Estate & Management Group, Inc
Listed By:
Karen Mari · License #3157769
(305) 345-1024
Source:
Mymiahomes
Added: Aug 15
Changed: Oct 25
Last Checked: Oct 7 at 5:28PM
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 Mari Real Estate & Management Group, Inc
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,485 SF flex space combines office and warehouse functions within a 1987-built property. The layout includes three private offices, one full bathroom, and approximately 700 SF of warehouse area. A front-loading roll-up door serves the warehouse, with entry available from both the front and rear of the building.
The property is situated near Florida’s Turnpike, Tamiami Airport, and shopping centers. HOA coverage includes water, the roof, and insurance. Existing sign business inventory may be purchased separately and is not included in the sale.
The property is situated near Florida’s Turnpike, Tamiami Airport, and shopping centers. HOA coverage includes water, the roof, and insurance. Existing sign business inventory may be purchased separately and is not included in the sale.
Key Highlights
- 1,485 SF flex space built in 1987
- Approximately 700 SF of warehouse area
- Three private offices and one full bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,226
Cap Rate
5.77%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$484,520
$484.5K
Cap Rate 7%
$346,086
$346.1K
Cap Rate 9%
$269,178
$269.2K
Market Conditions
NOI Build-Up for 1,485 SF
Gross rent
$29.9K $20.16/SF
− Vacancy
−$1.4K −$0.97/SF
EGI
$28.5K $19.19/SF
− OpEx
−$4.3K −$2.88/SF
NOI
$24.2K $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%
$484,520
Cap Rate 7%
$346,086
Cap Rate 9%
$269,178
Alternative Uses
Best Use
Office B
$676.7K
$592.2K – $789.5K
NOI $47,372 @ 7.0% cap · market cap 11.28%
Second Best
Warehouse
$346.1K
$302.8K – $403.8K
NOI $24,226 @ 7.0% cap · market cap 5.77%
Theoretical Best
Office A
$810.9K
$709.6K – $946.1K
NOI $56,765 @ 7.0% cap · market cap 13.52%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,207
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
$422,300
Median Home Value
Market
Average Price Trend$/SF for Flex space in Miami, FL
Properties on Market for Flex space in Miami
Vacancy Rate% for Office in Miami, FL
Similar Off Market Nearby
- Picameal Catering — 14395 SW 139th Ct #106, Miami, FL 33186
- Personal Chef Services and Event Productions — 14182 SW 139th Ct, Miami, FL 33186
- Pasta Party Miami, Inc. — 14350 SW 140th St #106, Miami, FL 33186
- Uniq Catering — 13920 SW 139th Ct, Miami, FL 33186
- Hibachi Live — 13920 SW 139th Ct, Miami, FL 33186
Frequently Asked Questions
What type of property is this?
Flex space - Three private offices, a full bathroom, and front and rear access support varied business operations.
Where is this flex space located?
The property is located at 13690 SW 142nd Ave 23-a Miami, FL.
What is the asking price?
The asking price for this property is $419,900.
What are key features of this property?
This property features: 1,485 SF flex space built in 1987; Approximately 700 SF of warehouse area; Three private offices and one full bathroom
