Flex Space with Rear Delivery
For Sale
Contact for pricing
15420 SW 136th St #42 Unit 42, Miami, FL 33196
Office-warehouse configuration with covered walkways, parking, and rear access for deliveries.
Property Size1,847 SF
Price / SF$1.95
Days on Market153
Property Features for 15420 SW 136th St #42 Unit 42
General Information
Standard status
Active
Size
1,847 SF
Property subtype
Commercial
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Sprinkler System
Yes
Amenities
covered walkways
Total Taxes: $5,725, Percentage of Tax that is Deductable: 0
Sale, Sale Type: Foreclosure
Built in 2007
Building Details
Year Built
2007
Listing Agency:
Florida Realty of Miami Corp
Listed By:
Gualberto Jimenez · License #3243457
(305) 598-5488
Source:
Doyle-realty
Added: May 19
Changed: Oct 16
Last Checked: Oct 16 at 9:56AM
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 Florida Realty of Miami Corp
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Investment Insights
Based on property information with market context.
Unit 42 is a 1,847-square-foot flex property built in 2007, configured for office and warehouse use. The property includes covered walkways, ample parking, a private rear access road for deliveries, and an installed fire sprinkler system. The stated zoning supports a broad range of uses, including light manufacturing, office, educational activities such as ballet and karate, machine shop operations, locksmith services, showroom use, postal services, and specialty retail.
The property is located at 15420 SW 136th St in Miami, near Miami Executive Airport and the Turnpike. Its combination of office and warehouse functionality, delivery access, parking, and flexible permitted-use profile supports a range of commercial applications.
The property is located at 15420 SW 136th St in Miami, near Miami Executive Airport and the Turnpike. Its combination of office and warehouse functionality, delivery access, parking, and flexible permitted-use profile supports a range of commercial applications.
Key Highlights
- 1,847‑square‑foot flex property built in 2007
- Office‑warehouse configuration with broad permitted‑use profile
- Private rear access road supports deliveries
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,814
Suggested Prices Based on Cap Rates
Cap Rate 5%
$496,280
$496.3K
Cap Rate 7%
$354,486
$354.5K
Cap Rate 9%
$275,711
$275.7K
Market Conditions
NOI Build-Up for 1,847 SF
Gross rent
$37.2K $20.16/SF
− Vacancy
−$1.8K −$0.97/SF
EGI
$35.4K $19.19/SF
− OpEx
−$10.6K −$5.76/SF
NOI
$24.8K $13.43/SF
Area
Miami, FL
Vacancy
4.80%
Lease Rate
$20.16 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$496,280
Cap Rate 7%
$354,486
Cap Rate 9%
$275,711
Alternative Uses
Best Use
Retail
$860.9K
$753.3K – $1.00M
NOI $60,260 @ 7.0% cap · market cap 1,673.89%
Second Best
Office B
$756.9K
$662.3K – $883.1K
NOI $52,986 @ 7.0% cap · market cap 1,471.83%
Theoretical Best
Specialty Retail
$1.25M
$1.09M – $1.45M
NOI $87,272 @ 7.0% cap · market cap 2,424.22%
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
Yes
Sprinkler system
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
438
Businesses Nearby
Under-served
Demand for This Use
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Miami, FL
Similar Off Market Nearby
- Fryd — 15450 sw 136th st, miami, fl 33196
- BLUE NAPKIN LLC — 15160 SW 136th St, Miami, FL 33196
Frequently Asked Questions
What type of property is this?
Flex space - Office-warehouse configuration with covered walkways, parking, and rear access for deliveries.
Where is this flex space located?
The property is located at 15420 SW 136th St #42 Unit 42 Miami, FL.
What are key features of this property?
This property features: 1,847‑square‑foot flex property built in 2007; Office‑warehouse configuration with broad permitted‑use profile; Private rear access road supports deliveries
