Industrial-Flex Suite with
23a-13690 Sw 142nd Ave Miami, FL 33184
23a-13690 Sw 142nd Ave, Miami, FL, 33184
$467,000
For Sale
$467,000
Flex unit with private offices, bathroom, and warehouse space with a front-loading roll-up door.
Property Size700 SF
Price / SF$667.14
Days on Market40
Property Features for 23a-13690 Sw 142nd Ave
General Information
- Standard status
- Active
- Size
- 700 SF
Listing Agency
Mari Real Estate & Management Group, Inc
(305) 345-1024
Listed by
Karen F. Mari · License #3157769
(305) 345-1024
Source
Exprealty
Added: Jun 9 Checked: Jul 17 at 10:41 pm
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 Mari Real Estate & Management Group, Inc
Investment Insights
Based on property information with market context.
This well-maintained industrial-flex unit is designed for immediate occupancy and includes three private offices and one full bathroom. The layout also provides approximately 700 SF of warehouse area, served by a front-loading roll-up door. Access is available from both the front and rear of the building, supporting convenient move-in and day-to-day operations for light industrial or business uses.
The property is described as conveniently located near Florida’s Turnpike, Tamiami Airport, and shopping centers. The building’s configuration includes both front and rear access, which can be practical for deliveries, service needs, and flexible workflow.
For buyers seeking a combination of office and functional warehouse space, this suite offers dedicated work areas alongside an enclosed distribution or production component. The HOA includes water, roof, and insurance, which may help simplify certain recurring building-related expenses. The seller also indicates that existing sign business inventory is available for separate purchase and is not included in the sale price.
The property is described as conveniently located near Florida’s Turnpike, Tamiami Airport, and shopping centers. The building’s configuration includes both front and rear access, which can be practical for deliveries, service needs, and flexible workflow.
For buyers seeking a combination of office and functional warehouse space, this suite offers dedicated work areas alongside an enclosed distribution or production component. The HOA includes water, roof, and insurance, which may help simplify certain recurring building-related expenses. The seller also indicates that existing sign business inventory is available for separate purchase and is not included in the sale price.
Key Highlights
- Flex/industrial space with three private offices and one full bathroom
- Approximately 700 SF warehouse area with a front‑loading roll‑up door
- Front and rear access from the building
Local Financial Insights For Office B
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 | $31.5k | $45.00 |
| − Vacancy | −$4.7k | −$6.75 |
| EGI | $26.8k | $38.25 |
| − OpEx | −$6.7k | −$9.56 |
| NOI | $20.1k | $28.69 |
700 SF · lease $45.00/SF/yr · vacancy 15.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$286.9K
$251.0K – $334.7K
NOI $20,081 @ 7.0% cap · market cap 4.30%
Second Best
Warehouse
$163.1K
$142.7K – $190.3K
NOI $11,419 @ 7.0% cap · market cap 2.45%
Theoretical Best
Specialty Retail
$472.5K
$413.4K – $551.3K
NOI $33,075 @ 7.0% cap · market cap 7.08%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Flex space
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- Catering en Miami comida mexicana | El comal de Carmela — 1730 SW 138th Ct, Miami, FL 33175
FAQs
What type of property is this?
Flex space - Flex unit with private offices, bathroom, and warehouse space with a front-loading roll-up door.
Where is this flex space located?
The property is located at 23a-13690 Sw 142nd Ave Miami, FL.
What is the asking price?
The asking price for this property is $467,000.
What are key features of this property?
This property features: Flex/industrial space with three private offices and one full bathroom; Approximately 700 SF warehouse area with a front‑loading roll‑up door; Front and rear access from the building
