Condo Warehouse with
For Sale
$709,000
13850 SW 143rd Ct Unit 18, Miami, FL 33186
Warehouse condo in excellent condition with 18-foot concrete ceilings and a mezzanine space totaling about 2,591 sq. ft.
Property Size2,591 SF
Price / SF$273.64
Days on Market98
Property Features for 13850 SW 143rd Ct Unit 18
General Information
Standard status
Active
Size
2,591 SF
Additional Details
Clear Height
18 ft
Building Details
Year Built
2007
Listing Agency:
SF Realty Advisors, LLC.
Listed By:
Victor Perera · License #3136393
(305) 505-5446
Source:
Chenoregroup
Added: Jul 19
Changed: Oct 8
Last Checked: Oct 23 at 10:22AM
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 SF Realty Advisors, LLC.
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Investment Insights
Based on property information with market context.
This condo warehouse is presented in excellent condition and includes 18-foot-high concrete ceilings. The layout features approximately 2,041 square feet on the first floor plus an added mezzanine of approximately 550 square feet for an estimated total of approximately 2,591 square feet.
The property is located across from Tamiami Airport, providing a convenient airport-adjacent setting.
The current offering also notes that jobs related to cars are welcome, including dealers, rental cars, and body shop uses.
The property is located across from Tamiami Airport, providing a convenient airport-adjacent setting.
The current offering also notes that jobs related to cars are welcome, including dealers, rental cars, and body shop uses.
Key Highlights
- Warehouse condo built in 2007 in excellent condition
- 18‑foot‑high concrete ceilings
- First‑floor warehouse area of 2,041 SF plus mezzanine of approximately 550 SF
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$42,268
Cap Rate
5.96%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$845,360
$845.4K
Cap Rate 7%
$603,829
$603.8K
Cap Rate 9%
$469,644
$469.6K
Market Conditions
NOI Build-Up for 2,591 SF
Gross rent
$52.2K $20.16/SF
− Vacancy
−$2.5K −$0.97/SF
EGI
$49.7K $19.19/SF
− OpEx
−$7.5K −$2.88/SF
NOI
$42.3K $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%
$845,360
Cap Rate 7%
$603,829
Cap Rate 9%
$469,644
Alternative Uses
Best Use
Warehouse
$603.8K
$528.4K – $704.5K
NOI $42,268 @ 7.0% cap · market cap 5.96%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.41M
$1.24M – $1.65M
NOI $99,042 @ 7.0% cap · market cap 13.97%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Lease Details
18 ft
Clear height
Location Intelligence
Trade Area within ½ mile
1,488
Businesses Nearby
Balanced
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Miami, FL
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Frequently Asked Questions
What type of property is this?
Warehouse - Warehouse condo in excellent condition with 18-foot concrete ceilings and a mezzanine space totaling about 2,591 sq. ft.
Where is this warehouse located?
The property is located at 13850 SW 143rd Ct Unit 18 Miami, FL.
What is the asking price?
The asking price for this property is $709,000.
What are key features of this property?
This property features: Warehouse condo built in 2007 in excellent condition; 18‑foot‑high concrete ceilings; First‑floor warehouse area of 2,041 SF plus mezzanine of approximately 550 SF
