Office Unit Near Shopping
For Sale
Contact for pricing
34-1-12039 Sw 132nd Ct, Miami, FL 33184
Approximately 200 SF of office space with utilities and internet included.
Property Size200 SF
Price / SF$4.75
Days on Market8
Property Features for 34-1-12039 Sw 132nd Ct
General Information
Standard status
Active
Size
200 SF
Site & Location
Highway Access
Yes
Road Access
Yes
Utilities to Site
Yes
Listing Agency:
Century 21 BE3
(727) 596-1811
Listed By:
Rogert De Leon · License #A12090471
(305) 992-4503
Source:
Exprealty
Added: Oct 14
Changed: Oct 17
Last Checked: Oct 21 at 1:13AM
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 Century 21 BE3
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 office unit provides approximately 200 SF of workspace. Utilities and internet are included, offering a straightforward setup for office use.
The building fronts SW 120 St, just west of the Turnpike exit on 120 St. London Square shopping mall, which includes Costco, is next to the property.
The building fronts SW 120 St, just west of the Turnpike exit on 120 St. London Square shopping mall, which includes Costco, is next to the property.
Key Highlights
- Approximately 200 SF of office space
- Utilities and internet included
- Building frontage on SW 120 St
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$5,738
Suggested Prices Based on Cap Rates
Cap Rate 5%
$114,760
$114.8K
Cap Rate 7%
$81,971
$82.0K
Cap Rate 9%
$63,756
$63.8K
Market Conditions
NOI Build-Up for 200 SF
Gross rent
$9.0K $45.00/SF
− Vacancy
−$1.4K −$6.75/SF
EGI
$7.7K $38.25/SF
− OpEx
−$1.9K −$9.56/SF
NOI
$5.7K $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%
$114,760
Cap Rate 7%
$81,971
Cap Rate 9%
$63,756
Alternative Uses
Best Use
Office B
$82.0K
$71.7K – $95.6K
NOI $5,738 @ 7.0% cap · market cap 604.00%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$135.0K
$118.1K – $157.5K
NOI $9,450 @ 7.0% cap · market cap 994.74%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
567
Businesses Nearby
Explore this area
Business Placement
Demographics for 33184, FL
20,913
Population
6,773
Households
3.1
Avg Household Size
47
Median Age
33%
College-Educated
75%
High-School Grad
2.5 sq mi
ZIP Area
8,365
Density / Sq Mi
$77,443
Median Household Income
$36,361
Median Earnings
$1,926
Median Rent
$418,200
Median Home Value
Market
Vacancy Rate% for Office in Miami, FL
Frequently Asked Questions
What type of property is this?
Office unit - Approximately 200 SF of office space with utilities and internet included.
Where is this office unit located?
The property is located at 34-1-12039 Sw 132nd Ct Miami, FL.
What are key features of this property?
This property features: Approximately 200 SF of office space; Utilities and internet included; Building frontage on SW 120 St
