Airport Flex
For Sale
$298,000
13690 SW 142nd Ave 33, Miami, FL 33186
Commercial unit combining office functions with warehouse storage at Tamiami Airport.
Property Size857 SF
Price / SF$347.72
Days on Market51
Property Features for 13690 SW 142nd Ave 33
General Information
Standard status
Active
Size
857 SF
Building Details
Year Built
2003
Listing Agency:
R1S1 KM Investment Corp
Listed By:
Kelly Micieli · License #3135338
Source:
Mymiahomes
Added: Aug 29
Changed: Oct 9
Last Checked: Oct 7 at 4:37PM
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 R1S1 KM Investment Corp
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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 857-square-foot flex space combines office and warehouse functionality in a commercial unit built in 2003. The property is located within Tamiami Airport and is suited to users seeking a compact combination of work and storage areas.
HOA maintenance and water are included, providing defined ongoing property services for the space. The unit is located at 13690 SW 142nd Ave 33, Miami, Florida 33186.
HOA maintenance and water are included, providing defined ongoing property services for the space. The unit is located at 13690 SW 142nd Ave 33, Miami, Florida 33186.
Key Highlights
- 857 SF flex space
- Office and warehouse configuration
- Located within Tamiami Airport
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,981
Cap Rate
4.69%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$279,620
$279.6K
Cap Rate 7%
$199,729
$199.7K
Cap Rate 9%
$155,344
$155.3K
Market Conditions
NOI Build-Up for 857 SF
Gross rent
$17.3K $20.16/SF
− Vacancy
−$829 −$0.97/SF
EGI
$16.4K $19.19/SF
− OpEx
−$2.5K −$2.88/SF
NOI
$14.0K $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%
$279,620
Cap Rate 7%
$199,729
Cap Rate 9%
$155,344
Alternative Uses
Best Use
Warehouse
$199.7K
$174.8K – $233.0K
NOI $13,981 @ 7.0% cap · market cap 4.69%
Second Best
Flex RnD
$197.5K
$172.8K – $230.4K
NOI $13,824 @ 7.0% cap · market cap 4.64%
Theoretical Best
Office A
$468.0K
$409.5K – $546.0K
NOI $32,759 @ 7.0% cap · market cap 10.99%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
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
Vacancy Rate% for Industrial 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 - Commercial unit combining office functions with warehouse storage at Tamiami Airport.
Where is this flex space located?
The property is located at 13690 SW 142nd Ave 33 Miami, FL.
What is the asking price?
The asking price for this property is $298,000.
What are key features of this property?
This property features: 857 SF flex space; Office and warehouse configuration; Located within Tamiami Airport
