Second-Floor Office
New
For Sale
$275,000
204-13170 Sw 128th St, Miami, FL 33168
A private-office layout and elevator access support a range of professional or medical business uses.
Property Size859 SF
Price / SF$320.14
Days on Market4
Property Features for 204-13170 Sw 128th St
General Information
Standard status
Active
Size
859 SF
Total Parking Spaces
2
Elevators
Yes
Additional Details
Floor
Second Floor
Highway Access
Yes
Property Use
Office
Taxes and HOA fees
Annual Taxes
$2,060
Listing Agency:
Coldwell Banker Realty
(305) 253-2800
Listed By:
Norys Acosta · License #0589240
(786) 256-3173
Source:
Exprealty
Added: Oct 28
Changed: Oct 30
Last Checked: Oct 30 at 2:31PM
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 Coldwell Banker Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 859-square-foot office unit is on the second floor and contains three private offices, a reception area, and a bathroom. Elevator access serves the interior unit. The space is offered for sale.
Two assigned parking spaces accompany the unit, with additional guest parking available. The property is near Tamiami Airport and provides access to an expressway.
Two assigned parking spaces accompany the unit, with additional guest parking available. The property is near Tamiami Airport and provides access to an expressway.
Key Highlights
- 859 sq. ft. of office space
- Three private offices, reception area, and bath
- Second‑floor interior unit with elevator access
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,643
Cap Rate
8.96%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$492,860
$492.9K
Cap Rate 7%
$352,043
$352.0K
Cap Rate 9%
$273,811
$273.8K
Market Conditions
NOI Build-Up for 859 SF
Gross rent
$38.7K $45.00/SF
− Vacancy
−$5.8K −$6.75/SF
EGI
$32.9K $38.25/SF
− OpEx
−$8.2K −$9.56/SF
NOI
$24.6K $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%
$492,860
Cap Rate 7%
$352,043
Cap Rate 9%
$273,811
Alternative Uses
Best Use
Office B
$352.0K
$308.0K – $410.7K
NOI $24,643 @ 7.0% cap · market cap 8.96%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$579.8K
$507.4K – $676.5K
NOI $40,588 @ 7.0% cap · market cap 14.76%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
882
Businesses Nearby
Explore this area
Business Placement
Demographics for 33168, FL
24,715
Population
6,761
Households
3.7
Avg Household Size
39
Median Age
16%
College-Educated
79%
High-School Grad
3.6 sq mi
ZIP Area
6,865
Density / Sq Mi
$58,636
Median Household Income
$31,984
Median Earnings
$1,576
Median Rent
$329,000
Median Home Value
Market
Vacancy Rate% for Office in Miami, FL
Frequently Asked Questions
What type of property is this?
Office unit - A private-office layout and elevator access support a range of professional or medical business uses.
Where is this office unit located?
The property is located at 204-13170 Sw 128th St Miami, FL.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: 859 sq. ft. of office space; Three private offices, reception area, and bath; Second‑floor interior unit with elevator access
