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Climate-Controlled Storage with AC
For Sale
$69,000

702-40 Sw 13th Street, Miami, FL 33130

Climate-controlled storage unit of about 270 sq ft with its own AC unit, offered at Infinity at Brickell.

Property Size270 SF
Price / SF$255.56
Days on Market28

Property Features for 702-40 Sw 13th Street

General Information

Standard status Active
Size 270 SF

Amenities

climate-controlled
own AC unit
Listing Agency: Wilk Real Estate I LLC
Listed By: Albert Wilk · License #3313328
Source: Exprealty
Added: Jul 5 Changed: Jul 28 Last Checked: Jul 31 at 7:07PM

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 offering is for a climate-controlled storage unit of approximately 270 square feet at Infinity at Brickell. The space is described as a large room storage setup and is available with its own AC unit. The seller also notes the unit can be used as office space, providing a flexible option for owners seeking additional space within the same property context.

The remarks indicate this opportunity is tied to Infinity at Brickell condo owners at 60 SW 13th St and office owners at 40 SW 13th St in Miami, Florida. The unit address provided is 702-40 SW 13th Street.

For buyers looking for a storage unit with independent climate control, this configuration supports day-to-day use beyond standard storage, while remaining within the Infinity at Brickell property framework.

Key Highlights

  • Climate‑controlled storage unit about 270 sq ft at Infinity at Brickell
  • Own AC unit for the unit
  • Large room storage space that can be used as an office (per listing remarks)

Financial Insights For Warehouse

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 $5.4k $20.16
− Vacancy −$261 −$0.97
EGI $5.2k $19.19
− OpEx −$777 −$2.88
NOI $4.4k $16.31
270 SF · lease $20.16/SF/yr · vacancy 4.80% · expense 15.00%

Alternative Uses

Best Use
Office B
$110.7K
$96.8K – $129.1K (±1% cap)
NOI $7,746 @ 7.0% cap · market cap 11.23%
Second Best
Warehouse
$62.9K
$55.1K – $73.4K (±1% cap)
NOI $4,405 @ 7.0% cap · market cap 6.38%
Theoretical Best
Specialty Retail
$182.3K
$159.5K – $212.6K (±1% cap)
NOI $12,758 @ 7.0% cap · market cap 18.49%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Self storage facilities

Suggested Use

Top Pick Butcher (Bike/Boat/Book/etc) Store Restaurant Nursing Home Adult Day Care Daycare Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

8,611
Businesses Nearby

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

Market

Vacancy Rate% for Office in Miami, FL

12.4% 2019
16.3% 2020
17% 2021
16.1% 2022
15% 2023
16.1% 2024
15.2% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Self storage facility - Climate-controlled storage unit of about 270 sq ft with its own AC unit, offered at Infinity at Brickell.
Where is this self storage facility located?
The property is located at 702-40 Sw 13th Street 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: Climate‑controlled storage unit about 270 sq ft at Infinity at Brickell; Own AC unit for the unit; Large room storage space that can be used as an office (per listing remarks)
More about this property
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