Neighborhood Shopping Center Retail
For Sale
Contact for pricing
314 SW 12 Ave, Miami, FL 33130
Retail suite in a high-visibility neighborhood shopping center, available immediately with parking and signage opportunities.
Property Size66,887 SF
Price / SF$0.11
Days on Market135
Property Features for 314 SW 12 Ave
General Information
Standard status
Active
Size
66,887 SF
Property subtype
Mixed Use
Building Details
Building Size
66,887 SF
Year Built
1972
Listing Agency:
Floridian First Realty Corp
Listed By:
Michelle Gonzalez · License #0649239
(305) 582-4352
Source:
Casacollectiongroup
Added: Jun 8
Changed: Oct 17
Last Checked: Oct 19 at 5:27PM
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 Floridian First Realty Corp
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Investment Insights
Based on property information with market context.
This for-sale retail space is approximately 2,184 SF and is available immediately. Suited for a range of commercial concepts including a nail salon, beauty or wellness use, spa, medical or professional office, fitness studio, boutique retail, restaurant, and other specialty service providers.
The suite is positioned within a neighborhood shopping center and described as having strong street presence and prominent signage opportunities, supported by ample parking and consistent vehicle and pedestrian traffic. It’s located at 314 SW 12 Ave, Miami, FL 33130, within an established retail corridor surrounded by dense residential neighborhoods and complementary businesses.
Additional location-level accessibility is supported by walkScore 97, transitScore 99, and bikeScore 83. The asking structure is $40.00 PSF plus $7.00 PSF NNN.
The suite is positioned within a neighborhood shopping center and described as having strong street presence and prominent signage opportunities, supported by ample parking and consistent vehicle and pedestrian traffic. It’s located at 314 SW 12 Ave, Miami, FL 33130, within an established retail corridor surrounded by dense residential neighborhoods and complementary businesses.
Additional location-level accessibility is supported by walkScore 97, transitScore 99, and bikeScore 83. The asking structure is $40.00 PSF plus $7.00 PSF NNN.
Key Highlights
- 2,184 SF retail space available immediately in a neighborhood shopping center.
- Lease rate is $40.00 PSF plus $7.00 PSF NNN.
- Ideal for a variety of uses including nail salon, beauty/wellness, spa, medical/professional office, fitness, boutique retail, restaurant, or specialty service.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$2,182,234
Suggested Prices Based on Cap Rates
Cap Rate 5%
$43,644,680
$43.6M
Cap Rate 7%
$31,174,771
$31.2M
Cap Rate 9%
$24,247,044
$24.2M
Market Conditions
NOI Build-Up for 66,887 SF
Gross rent
$3.48M $51.96/SF
− Vacancy
−$358.0K −$5.35/SF
EGI
$3.12M $46.61/SF
− OpEx
−$935.2K −$13.98/SF
NOI
$2.18M $32.63/SF
Area
Miami, FL
Vacancy
10.30%
Lease Rate
$51.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$43,644,680
Cap Rate 7%
$31,174,771
Cap Rate 9%
$24,247,044
Alternative Uses
Best Use
Retail
$31.17M
$27.28M – $36.37M
NOI $2,182,234 @ 7.0% cap · market cap 29,975.74%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$45.15M
$39.51M – $52.67M
NOI $3,160,441 @ 7.0% cap · market cap 43,412.65%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
3,773
Businesses Nearby
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Business Placement
Demographics for 33130, FL
35,609
Population
20,377
Households
1.7
Avg Household Size
36
Median Age
42%
College-Educated
81%
High-School Grad
1.1 sq mi
ZIP Area
32,372
Density / Sq Mi
$57,933
Median Household Income
$36,888
Median Earnings
$1,656
Median Rent
$479,800
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 Retail in Miami, FL
Frequently Asked Questions
What type of property is this?
Retail space - Retail suite in a high-visibility neighborhood shopping center, available immediately with parking and signage opportunities.
Where is this retail space located?
The property is located at 314 SW 12 Ave Miami, FL.
What are key features of this property?
This property features: 2,184 SF retail space available immediately in a neighborhood shopping center.; Lease rate is $40.00 PSF plus $7.00 PSF NNN.; Ideal for a variety of uses including nail salon, beauty/wellness, spa, medical/professional office, fitness, boutique retail, restaurant, or specialty service.
