Office Unit with Storefront
15420 SW 136th St # 3, Miami, FL 33196
For Sale
$1,125,000
Office unit with storefront entrance, conference room, and coffee area, built in 2007 and positioned for possible second-floor expansion.
Property Size1,345 SF
Days on Market110
Property Features for 15420 SW 136th St # 3
General Information
Standard status
Size
Property subtype
Additional Details
Business Included
Building Details
Building Size
Year Built
Listing Agency:
Partnership Realty Inc.
Listed By:
Yisel Hernandez · License FL #3649498
(305) 832-9381
Source:
Relinkre
Added: Jul 24
Changed: Nov 7
Last Checked: Nov 8 at 4:11PM
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 Partnership Realty Inc.
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Investment Insights
Based on property information with market context.
This office unit includes a storefront entrance plus an office, conference room, bathroom, and a cozy coffee area. The space is described as having modern amenities and high-end finishes, and the sale is presented as including the fully operational business along with the commercial real estate.
The property is located at 15420 SW 136th St Unit 3 in Miami, Florida (33196). The offering is described as being for a Kendall-area travel franchise operation with a recognized brand, and the commercial property where it operates.
A second-floor expansion is noted as possible, which could provide additional growth options for an owner-operator or tenant seeking to expand within the existing condo configuration. The building was constructed in 2007.
The property is located at 15420 SW 136th St Unit 3 in Miami, Florida (33196). The offering is described as being for a Kendall-area travel franchise operation with a recognized brand, and the commercial property where it operates.
A second-floor expansion is noted as possible, which could provide additional growth options for an owner-operator or tenant seeking to expand within the existing condo configuration. The building was constructed in 2007.
Key Highlights
- Office unit with storefront entrance plus office, conference room, bathroom, and coffee area
- Modern amenities and high‑end finishes
- Possible second‑floor expansion
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$38,585
Cap Rate
3.43%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$771,700
$771.7K
Cap Rate 7%
$551,214
$551.2K
Cap Rate 9%
$428,722
$428.7K
Market Conditions
NOI Build-Up for 1,345 SF
Gross rent
$60.5K $45.00/SF
− Vacancy
−$9.1K −$6.75/SF
EGI
$51.4K $38.25/SF
− OpEx
−$12.9K −$9.56/SF
NOI
$38.6K $28.69/SF
Area
Miami, FL
Vacancy
15.00%
Lease Rate
$45.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$771,700
Cap Rate 7%
$551,214
Cap Rate 9%
$428,722
Alternative Uses
Best Use
Office B
$551.2K
$482.3K – $643.1K
NOI $38,585 @ 7.0% cap · market cap 3.43%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$907.9K
$794.4K – $1.06M
NOI $63,552 @ 7.0% cap · market cap 5.65%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
438
Businesses Nearby
Explore this area
Business Placement
Demographics for 33196, FL
52,786
Population
17,713
Households
3
Avg Household Size
39
Median Age
38%
College-Educated
90%
High-School Grad
52.2 sq mi
ZIP Area
1,011
Density / Sq Mi
$93,370
Median Household Income
$46,729
Median Earnings
$2,114
Median Rent
$457,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Office Units in Miami, FL
Properties on Market for Office Units in Miami
Vacancy Rate% for Office in Miami, FL
Frequently Asked Questions
What type of property is this?
Office unit - Office unit with storefront entrance, conference room, and coffee area, built in 2007 and positioned for possible second-floor expansion.
Where is this office unit located?
The property is located at 15420 SW 136th St # 3 Miami, FL.
What is the asking price?
The asking price for this property is $1,125,000.
What are key features of this property?
This property features: Office unit with storefront entrance plus office, conference room, bathroom, and coffee area; Modern amenities and high‑end finishes; Possible second‑floor expansion
