Brickell Condo Storage
40 SW 13th St Miami, FL 33130
For Sale
Contact for pricing
Storage units available exclusively to Infinity at Brickell owners.
Property Size40 SF
Price / SF$125
Days on Market629
Property Features for 40 SW 13th St
General Information
Standard status
Active
Size
40 SF
Property subtype
Multifamily
Building Details
Year Built
2018
Listing Agency:
Real Estate Sales Force
(305) 992-4674
Listed By:
Scott Lehr · License #3376771
Source:
Crexi
Added: Nov 5, 2024
Changed: Jul 6
Last Checked: Jul 27 at 12:43PM
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 Real Estate Sales Force
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 For Self Storage
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 | $576 | $14.40 |
| − Vacancy | −$40 | −$1.01 |
| EGI | $536 | $13.39 |
| − OpEx | −$161 | −$4.02 |
| NOI | $375 | $9.37 |
40 SF · lease $14.40/SF/yr · vacancy 7.00% · expense 30.00%
Alternative Uses
Best Use
Industrial
$7.7K
$6.7K – $9.0K
NOI $537 @ 7.0% cap · market cap 10.74%
Second Best
Self Storage
$5.4K
$4.7K – $6.3K
NOI $375 @ 7.0% cap · market cap 7.50%
Theoretical Best
Specialty Retail
$27.0K
$23.6K – $31.5K
NOI $1,890 @ 7.0% cap · market cap 37.80%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
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 Miami, FL.
What is the asking price?
The asking price for this property is Off market.
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.
