Climate-Controlled Storage
For Sale
$69,000
40 SW 13th Street Unit 702, Miami, FL 33130
Climate-controlled storage unit offered with its own AC unit and office-flex use.
Property Size270 SF
Price / SF$255.56
Days on Market102
Property Features for 40 SW 13th Street Unit 702
General Information
Standard status
Active
Size
270 SF
Property subtype
Business
Building Details
Year Built
2010
Listing Agency:
Wilk Real Estate I LLC
(305) 699-8998
Listed By:
Albert Wilk · License #3313328
(516) 532-1816
Source:
Lehmannflorida
Added: Jul 5
Changed: Oct 13
Last Checked: Oct 12 at 7:16PM
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
Investment Insights
Based on property information with market context.
This sale offering includes a climate-controlled storage unit in Infinity at Brickell at 40 SW 13th Street, Unit 702. The unit is approximately 270 square feet and includes its own AC unit. The space is described as a large room storage configuration that can be used as storage or as office space.
The offering is specifically noted for Infinity at Brickell condo owners at 60 SW 13th St and office owners at 40 SW 13th St in Miami, Florida.
Prospective buyers should review the HOA/owner-specific eligibility language included in the remarks and contact the listing team for additional information on availability and terms.
The offering is specifically noted for Infinity at Brickell condo owners at 60 SW 13th St and office owners at 40 SW 13th St in Miami, Florida.
Prospective buyers should review the HOA/owner-specific eligibility language included in the remarks and contact the listing team for additional information on availability and terms.
Key Highlights
- 270 SF climate‑controlled storage unit for sale at Infinity at Brickell (condo and office owners eligible)
- Includes its own AC unit
- Large room storage space with office‑flex use
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$4,405
Cap Rate
6.38%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$88,100
$88.1K
Cap Rate 7%
$62,929
$62.9K
Cap Rate 9%
$48,944
$48.9K
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
−$777 −$2.88/SF
NOI
$4.4K $16.31/SF
Area
Miami, FL
Vacancy
4.80%
Lease Rate
$20.16 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$88,100
Cap Rate 7%
$62,929
Cap Rate 9%
$48,944
Alternative Uses
Best Use
Warehouse
$62.9K
$55.1K – $73.4K
NOI $4,405 @ 7.0% cap · market cap 6.38%
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
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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
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Frequently Asked Questions
What type of property is this?
Self storage facility - Climate-controlled storage unit offered with its own AC unit and office-flex use.
Where is this self storage facility located?
The property is located at 40 SW 13th Street Unit 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: 270 SF climate‑controlled storage unit for sale at Infinity at Brickell (condo and office owners eligible); Includes its own AC unit; Large room storage space with office‑flex use
