Personal Collection Warehouse with
18647 SW 107th Ave Unit 1 Cutler Bay, FL 33157
New
18647 SW 107th Ave Unit 1, Cutler Bay, FL, 33157
$1,987,500
For Sale
$1,987,500
2021-built collection warehouse with solid concrete construction and extensive security features.
Property Size5,000 SF
Price / SF$397.50
Days on Market4
Property Features for 18647 SW 107th Ave Unit 1
General Information
- Standard status
- Active
- Size
- 5,000 SF
- Property subtype
- Special Purpose
Building Details
- Year Built
- 1980
Listing Agency
One Sotheby's International Realty
(786) 371-8777
Listed by
Jorge Uribe · License #3085829
(786) 371-8777
Source
Riserealty
Added: Jul 14 Checked: Jul 17 at 2:32 am
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 One Sotheby's International Realty
Investment Insights
Based on property information with market context.
This personal collection warehouse features a 2021 build-out designed by Strang Architecture, with luxury finishes throughout. The layout includes 4,300 square feet (plus) and an additional 700 square feet divided into two mezzanines, offering flexible interior configuration. Solid concrete construction and extensive security features are in place to help protect valuable assets.
Located at 18647 SW 107th Ave Unit 1 in Cutler Bay, the property is positioned away from the coastline, intended to help reduce exposure to corrosive salt air.
Conceptual renderings in the gallery show how the space could be modified with minor details into a gallery-style venue suitable for exotic cars, rare art, and fine wine collections.
Located at 18647 SW 107th Ave Unit 1 in Cutler Bay, the property is positioned away from the coastline, intended to help reduce exposure to corrosive salt air.
Conceptual renderings in the gallery show how the space could be modified with minor details into a gallery-style venue suitable for exotic cars, rare art, and fine wine collections.
Key Highlights
- Collection warehouse with solid concrete construction
- 2021 build‑out designed by Strang Architecture with luxury finishes
- Includes 4,300+ SF plus an additional 700 SF split into two mezzanines
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $81.6k | $16.32 |
| − Vacancy | −$4.5k | −$0.90 |
| EGI | $77.1k | $15.42 |
| − OpEx | −$11.6k | −$2.31 |
| NOI | $65.5k | $13.11 |
5,000 SF · lease $16.32/SF/yr · vacancy 5.50% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$936.4K
$819.3K – $1.09M
NOI $65,545 @ 7.0% cap · market cap 3.30%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.54M
$2.22M – $2.96M
NOI $177,570 @ 7.0% cap · market cap 8.93%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Warehouse - 2021-built collection warehouse with solid concrete construction and extensive security features.
Where is this warehouse located?
The property is located at 18647 SW 107th Ave Unit 1 Cutler Bay, FL.
What is the asking price?
The asking price for this property is $1,987,500.
What are key features of this property?
This property features: Collection warehouse with solid concrete construction; 2021 build‑out designed by Strang Architecture with luxury finishes; Includes 4,300+ SF plus an additional 700 SF split into two mezzanines
