Building Details

Year Built 2003

Listing Agency: United Realty Group Inc

Listed By: Cindy Michelle Rodriguez · License #3568340 Show Phone

Source: Thepennteam

Added: Aug 20 Changed: Oct 2 Last Checked: Oct 7 at 5:13PM

Report an Issue

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 United Realty Group Inc

Investment Insights

Based on property information with market context.

This 1,544 SF flex space includes a private office, one restroom, and ceilings exceeding 18 feet. The unit also comes with three assigned parking spaces and was built in 2003, providing a practical configuration for commercial and industrial operations.

The property is positioned in West Kendall with access to Tamiami Airport and the Florida Turnpike within minutes. Its setting in an established industrial area supports convenient connectivity for businesses requiring flex-oriented space.

Key Highlights

• 1,544 SF flex space in West Kendall
• Ceiling height of 18+ ft
• Private office included

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$25,188

Cap Rate

5.36%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$503,760 $503.8K

Cap Rate 7%

$359,829 $359.8K

Cap Rate 9%

$279,867 $279.9K

Market Conditions

NOI Build-Up for 1,544 SF

Gross rent

$31.1K $20.16/SF

− Vacancy

−$1.5K −$0.97/SF

EGI

$29.6K $19.19/SF

− OpEx

−$4.4K −$2.88/SF

NOI

$25.2K $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%

$503,760

Cap Rate 7%

$359,829

Cap Rate 9%

$279,867

Alternative Uses

Best Use

Warehouse

$359.8K

$314.9K – $419.8K (±1% cap)

NOI $25,188 @ 7.0% cap · market cap 5.36%

Second Best

Flex RnD

$355.8K

$311.3K – $415.1K (±1% cap)

NOI $24,905 @ 7.0% cap · market cap 5.30%

Theoretical Best

Office A

$843.1K

$737.8K – $983.7K (±1% cap)

NOI $59,020 @ 7.0% cap · market cap 12.56%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence

Open Analytics

Current Use

Spyro's Greek Restaurant Restaurant LT Motorsports Auto Repair Shop Riteway Seamless Rain ... Real Estate Agency Right Way Seamless ... Hardware & Home Improvement Lafo's Fast Food Restaurant

Suggested Use

Top Pick Parking Lot & Garage Daycare Center Bar & Pub Grocery & Convenience Store (Bike/Boat/Book/etc) Store Nursing Home

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes

Highway access

Location Intelligence

Trade Area within ½ mile

1,830

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

4.1% 2019

4.6% 2020

2.2% 2021

1.6% 2022

2.4% 2023

5.7% 2024

6.5% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this flex space located? What is the asking price? Find similar properties What are key features of this property?

Similar For Sale Nearby

Flex Space with Roll-Up Door

13690 SW 142nd Avenue 23a, Miami, FL 33186

$433,500

1,485 SF

View details

Move-In Ready Industrial Warehouse

7750 NW 71st Street 119a, Miami, FL 33166

$535,000

1,600 SF

View details

Flex Space with Office

14213 SW 139th Ct 4, Miami, FL 33186

$510,000

1,673 SF

View details

Corner Flex Space

1899 NW 21st St # 8, Miami, FL 33142

$650,000

1,620 SF

View details

Gated Warehouse Space

Miami, FL 33196

$650,000

1,625 SF

View details

Warehouse with Office Space

16723 SW 117th Avenue 6f, Miami, FL 33177

$379,900

1,400 SF

View details

Flex Space Condo with Grade-Level Door

13100 SW 134th St Unit 8, Miami, FL 33186

$450,000

1,172 SF

View details

Industrial Warehouse with Drive-In Access

11950 SW 144th Ct Unit 3, Miami, FL 33186

$750,000

1,400 SF

View details

Doral Warehouse Opportunity For Sale

7215 NW 41st Street B & C, Miami, FL 33166

$650,000

1,784 SF

View details

Creative Flex Space with Roll-Up Door

14262 SW 140th Street, #117, Miami, FL 33186

$525,000

1,100 SF

View details

Warehouse with Office Area

2355 NW 70th Ave # 9, Miami, FL 33122

$750,000

View details

Warehouse Condo with Legal Second Floor

14250 SW 136th St 6, Miami, FL 33186

$569,000

2,110 SF

View details

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 - Industrial-area unit offers high-clearance space, a private office, one restroom, and three assigned parking spaces.

Where is this flex space located?

The property is located at 14395 SW 139th Ct 108 Miami, FL.

What is the asking price?

The asking price for this property is $470,000.

What are key features of this property?

This property features: 1,544 SF flex space in West Kendall; Ceiling height of 18+ ft; Private office included