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    Renovated Warehouse Near Miami Airport Title is generated by Realmo AI

    16300 SW 137th Ave, Miami, FL 33177

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    For Lease
    $5,000/Mo $24 SF/Yr (calc)

    Industrial - Miami, FL

    Type:Industrial
    Property size:
    2,481 SF
    Lot size:
    0.06 Acres
    Added:
    Mar 7, 2026
    Days on Market:
    76
    Last Refresh:
    May 22 at 4:06 pm

    Property Features for 16300 SW 137th Ave

    General Information

    Property type
    Commercial Lease
    Property subtype
    Industrial
    Zoning
    7100
    Parking
    10
    Security features
    Security Lighting, Security System
    Interior features
    Security System
    Exterior features
    Security Lights, Security/High Impact Doors
    Standard status
    Active
    APN
    30-59-27-032-0100
    Size
    2,481 SF
    Lot size
    0.06 Acres

    Building Details

    Year built
    2007
    Flooring type
    Concrete
    Roof type
    Composition, Concrete
    Architectural style
    Other

    We can help!

    Listing Contact
    Miguel Solis
    Miguel Solis

    Listing agent Miguel Solis License #0624178

    Listing office Douglas Elliman 1515 Sunset Dr # 10, Palm Beach, FL

    Listing date Mar 7, 2026

    MLS# A11978585 Listing URL

    Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Turnkey, completely remodeled 2,481 SQFT warehouse space.
    • Ideally located near Miami Executive Airport, Florida's Turnpike, and Miami with easy access to the Florida Keys.
    • High ceilings and polished concrete floors.
    • Dedicated office area and mezzanine level for storage or private office.
    • Newly built bathroom.
    • Ample open parking.

    Overview

    This 2,481 square foot industrial warehouse has been fully renovated. The space features high ceilings throughout, polished concrete floors, a dedicated office area, and a mezzanine level suitable for additional storage or a private office. A newly built bathroom adds convenience. The property is located near Miami Executive Airport and the Florida's Turnpike, with easy access to the Florida Keys and Miami. Ample open parking is available. The property is located in Miami, Florida, with a zoning of 7100, and is situated on a 0.057-acre lot. The warehouse is suitable for car collectors, a showroom, or small business owners seeking a functional workspace.
    Property Profile Location Intelligence

    Current Use by Public Records

    VIP Reef Aquarium (Bike/Boat/Book/etc) Store Amazon Counter - Expo ... Courier Service Trust Vitamins (Bike/Boat/Book/etc) Store SO PRETTY BALLOONS ... Wedding Service Rimor Corp Distribution Center

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Self Storage — 13520 sw 152nd st, miami, fl 33177
    • Clay Storage Units — 15247 SW 138th Ct, Miami, FL 33177
    • Self Storage — 15651 SW 143rd Ave, Miami, FL 33177
    • Storage King USA — 16200 SW 137th Ave, Miami, FL 33177

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.415448
    Latitude
    25.615376

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    FAQs

    What type of property is this?
    Warehouse - Turnkey warehouse space near Miami Executive Airport and Florida's Turnpike.
    Where is this warehouse located?
    The property is located at 16300 SW 137th Ave Miami, FL.
    What is the lease rate?
    The lease rate is $5,000 /Mo.
    What are key features of this property?
    This property features: Turnkey, completely remodeled 2,481 SQFT warehouse space.; Ideally located near Miami Executive Airport, Florida's Turnpike, and Miami with easy access to the Florida Keys.; High ceilings and polished concrete floors.
    (305) 695-6300
    We can help!
    Listing Contact
    Miguel Solis
    Miguel Solis
    Real Estate License ID: 0624178
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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