Two-Story Office Building
14000 SW 119th Ave Miami, FL 33186
14000 SW 119th Ave, Miami, FL, 33186
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For Sale
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Deerwood Office Building offers an available 11,700 sq. ft. first-floor office space, with Enterprise on the second floor.
Property Size11,700 SF
Price / SF$538.46
Days on Market24
Property Features for 14000 SW 119th Ave
General Information
- Standard status
- Active
- Size
- 11,700 SF
- Property subtype
- OFFICE
Listing agency
ComReal Miami - Coral Gables
(305) 815-3376
Listed by
Patricia Quintana, CCIM · License #0480499
Source
Moodyscre
Added: Jun 29 Updated: Jul 21 at 7:34PM Checked: Jul 21 at 7:34PM
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 ComReal Miami - Coral Gables
Investment Insights
Based on property information with market context.
The Deerwood Office Building is a 25,000-square-foot office property in the Deerwood Business Park. Enterprise Rent-A-Car occupies the second floor, and an 11,700-square-foot first-floor office area is available for lease. The building is positioned as an office facility suitable for tenants seeking a first-floor configuration.
The property is located at 14000 SW 119th Ave in Miami, Florida, within a corporate park setting in South Miami-Dade, just off the Florida Turnpike.
For those evaluating ownership, the current layout supports a landlord/investor model with existing occupancy on the upper level and available space on the first floor.
The property is located at 14000 SW 119th Ave in Miami, Florida, within a corporate park setting in South Miami-Dade, just off the Florida Turnpike.
For those evaluating ownership, the current layout supports a landlord/investor model with existing occupancy on the upper level and available space on the first floor.
Key Highlights
- 11,700 sq. ft. first‑floor office space available for lease at 14000 SW 119 Avenue in Deerwood Business Park, Miami, FL
- 25,000 sq. ft. office building offered for lease at $20.00 per sq. ft. NNN or for sale at $6,300,000
- Enterprise Rent‑A‑Car occupies the 2nd floor; 1st floor is available for lease
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $585.5k | $50.04 |
| − Vacancy | −$87.8k | −$7.51 |
| EGI | $497.6k | $42.53 |
| − OpEx | −$124.4k | −$10.63 |
| NOI | $373.2k | $31.90 |
11,700 SF · lease $50.04/SF/yr · vacancy 15.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$5.33M
$4.67M – $6.22M
NOI $373,236 @ 7.0% cap · market cap 5.92%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$6.39M
$5.59M – $7.45M
NOI $447,236 @ 7.0% cap · market cap 7.10%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
International Salon
Spa & Massage Center
Enterprise Holdings
Corporate Office
Similar For Sale Nearby
FAQs
What type of property is this?
Office building - Deerwood Office Building offers an available 11,700 sq. ft. first-floor office space, with Enterprise on the second floor.
Where is this office building located?
The property is located at 14000 SW 119th Ave Miami, FL.
What is the asking price?
The asking price for this property is $6,300,000.
What are key features of this property?
This property features: 11,700 sq. ft. first‑floor office space available for lease at 14000 SW 119 Avenue in Deerwood Business Park, Miami, FL; 25,000 sq. ft. office building offered for lease at $20.00 per sq. ft. NNN or for sale at $6,300,000; Enterprise Rent‑A‑Car occupies the 2nd floor; 1st floor is available for lease
