Creative Flex Space with Roll-Up
For Sale
$525,000
14262 SW 140th Street #117, Miami, FL 33186
Finished flex workspace in a gated commercial complex with a private restroom, kitchenette, and controlled access.
Property Size1,100 SF
Price / SF$477.27
Days on Market47
Property Features for 14262 SW 140th Street #117
General Information
Standard status
Active
Size
1,100 SF
Zoning
7700
Warehouse & Industrial
Clear Height
22 ft
Warehouse Space
1,100 SF
Conditioned Warehouse
Yes
Additional Details
Gross Income
$40,200
Amenities
private restroom
kitchenette
custom cabinetry
premium heavy-duty shelving
mounted 75-inch TV
professional sound system
upgraded LG Smart A/C with app controls
Building Details
Building Size
1,100 SF
Year Built
2007
Listing Agency:
Luxe Properties
Listed By:
Adriana Ares · License #3375691
(305) 450-7875
Source:
Laerrealty
Added: Sep 16
Changed: Oct 26
Last Checked: Nov 1 at 2:31AM
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 Luxe Properties
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Investment Insights
Based on property information with market context.
This 1,100 SF flex space is located in a gated commercial complex and combines warehouse functionality with a professionally finished interior. The unit includes approximately 22-foot ceilings, an electric roll-up door, upgraded LG Smart A/C with app controls, a private restroom, and a kitchenette. Custom cabinetry, heavy-duty shelving, stained concrete floors, black walls and ceilings, a mounted 75-inch TV, and a professional sound system complete the buildout.
The property is at 14262 SW 140th Street, #117, in Miami, Florida. Built in 2007, it carries zoning designation 7700 and is currently leased, with an option for a second year. Showings are available by appointment.
The property is at 14262 SW 140th Street, #117, in Miami, Florida. Built in 2007, it carries zoning designation 7700 and is currently leased, with an option for a second year. Showings are available by appointment.
Key Highlights
- 1,100 SF flex space in a gated commercial complex
- Approximately 22‑foot ceilings with electric roll‑up door
- Professionally finished interior with stained concrete floors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$35,091
Cap Rate
6.68%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$701,820
$701.8K
Cap Rate 7%
$501,300
$501.3K
Cap Rate 9%
$389,900
$389.9K
Market Conditions
NOI Build-Up for 1,100 SF
Gross rent
$55.0K $50.04/SF
− Vacancy
−$8.3K −$7.51/SF
EGI
$46.8K $42.53/SF
− OpEx
−$11.7K −$10.63/SF
NOI
$35.1K $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%
$701,820
Cap Rate 7%
$501,300
Cap Rate 9%
$389,900
Alternative Uses
Best Use
Office B
$501.3K
$438.6K – $584.9K
NOI $35,091 @ 7.0% cap · market cap 6.68%
Second Best
Warehouse
$256.4K
$224.3K – $299.1K
NOI $17,945 @ 7.0% cap · market cap 3.42%
Theoretical Best
Office A
$600.7K
$525.6K – $700.8K
NOI $42,048 @ 7.0% cap · market cap 8.01%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
22 ft
Clear height
Location Intelligence
Trade Area within ½ mile
1,514
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Miami, FL
Similar Off Market Nearby
- Jerry's Kitchen - Miami Catering Company — 13727 SW 152nd St, Miami, FL 33186
- 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
Frequently Asked Questions
What type of property is this?
Flex space - Finished flex workspace in a gated commercial complex with a private restroom, kitchenette, and controlled access.
Where is this flex space located?
The property is located at 14262 SW 140th Street #117 Miami, FL.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: 1,100 SF flex space in a gated commercial complex; Approximately 22‑foot ceilings with electric roll‑up door; Professionally finished interior with stained concrete floors
