Brickell Condo Storage
For Sale
$69,000
40 SW 13th St 702, Miami, FL 33130
Storage units available exclusively to Infinity at Brickell owners.
Property Size270 SF
Price / SF$255.56
Days on Market220
Property Features for 40 SW 13th St 702
General Information
Standard status
Active
Size
270 SF
Site & Location
Neighborhood
Brickell Village
Building Details
Year Built
2010
Listing Agency:
Wilk Real Estate I LLC
Listed By:
Albert Wilk · License #3313328
(516) 532-1816
Source:
Chenoregroup
Added: Mar 26
Changed: Oct 25
Last Checked: Oct 7 at 2:36PM
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 Wilk Real Estate I LLC
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
These storage units are available for purchase exclusively by current owners of Infinity at Brickell Condo, in accordance with condominium regulations. This provides an opportunity to acquire additional storage space within the building where they live or work. The owner has up to 35 storage units available, with sizes ranging from 16 to 40 square feet. Inquiries about bulk discount pricing are welcome. This offering may also represent a potential long-term investment opportunity.
Key Highlights
- Exclusive purchase opportunity for current owners of INFINITY AT BRICKELL Condo.
- Convenient on‑site storage within the same building.
- Attractive price point for prime real estate investment.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$3,627
Cap Rate
5.26%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$72,540
$72.5K
Cap Rate 7%
$51,814
$51.8K
Cap Rate 9%
$40,300
$40.3K
Market Conditions
NOI Build-Up for 270 SF
Gross rent
$5.4K $20.16/SF
− Vacancy
−$261 −$0.97/SF
EGI
$5.2K $19.19/SF
− OpEx
−$1.6K −$5.76/SF
NOI
$3.6K $13.43/SF
Area
Miami, FL
Vacancy
4.80%
Lease Rate
$20.16 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$72,540
Cap Rate 7%
$51,814
Cap Rate 9%
$40,300
Alternative Uses
Best Use
Industrial
$51.8K
$45.3K – $60.5K
NOI $3,627 @ 7.0% cap · market cap 5.26%
Second Best
Self Storage
$36.2K
$31.6K – $42.2K
NOI $2,531 @ 7.0% cap · market cap 3.67%
Theoretical Best
Specialty Retail
$182.3K
$159.5K – $212.6K
NOI $12,758 @ 7.0% cap · market cap 18.49%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
11,922
Businesses Nearby
Explore this area
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 Industrial in Miami, FL
Frequently Asked Questions
What type of property is this?
Self storage facility - Storage units available exclusively to Infinity at Brickell owners.
Where is this self storage facility located?
The property is located at 40 SW 13th St 702 Miami, FL.
What is the asking price?
The asking price for this property is $69,000.
What are key features of this property?
This property features: Exclusive purchase opportunity for current owners of INFINITY AT BRICKELL Condo.; Convenient on‑site storage within the same building.; Attractive price point for prime real estate investment.
