Two-Story Warehouse Office
9-12349 Sw 132nd Ct Miami, FL 33184
9-12349 Sw 132nd Ct, Miami, FL, 33184
$434,800
For Sale
$434,800
Remodeled commercial two-story warehouse and office unit with separate entrances, private offices, and a large ground-level bay door.
Property Size1,440 SF
Price / SF$301.94
Days on Market183
Property Features for 9-12349 Sw 132nd Ct
General Information
- Standard status
- Active
- Size
- 1,440 SF
Listing agency
Abba Premier Properties Realty Inc.
(305) 773-6545
Listed by
Lenora Harshman · License #3120358
(305) 773-6545
Source
Exprealty
Added: Jan 20 Updated: Jul 21 at 3:11AM Checked: Jul 22 at 10:57AM
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 Abba Premier Properties Realty Inc.
Investment Insights
Based on property information with market context.
This remodeled, legal two-story warehouse and office unit is configured with separate entrances for the first and second floors. The ground level includes an open warehouse area with a large bay door, while the second floor provides four private offices with natural light. There are two bathrooms, one upstairs and one downstairs. Parking includes two assigned spaces, plus guest and handicap parking, with additional on-street parking available.
The property is located in Kendall near Tamiami Executive Airport, a few blocks from Costco and London Square Mall, and about one mile from the Turnpike.
The unit is identified as a 1,440-square-foot unit per the Miami-Dade Property Appraiser.
The property is located in Kendall near Tamiami Executive Airport, a few blocks from Costco and London Square Mall, and about one mile from the Turnpike.
The unit is identified as a 1,440-square-foot unit per the Miami-Dade Property Appraiser.
Key Highlights
- Commercial legal two‑story warehouse & office with separate entrances for the first floor and second floor
- Large ground‑level bay door plus open warehouse area downstairs
- Upstairs has four private offices and a total of two bathrooms (one upstairs, one downstairs)
Local 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 | $29.0k | $20.16 |
| − Vacancy | −$1.4k | −$0.97 |
| EGI | $27.6k | $19.19 |
| − OpEx | −$4.1k | −$2.88 |
| NOI | $23.5k | $16.31 |
1,440 SF · lease $20.16/SF/yr · vacancy 4.80% · expense 15.00%
Alternative Uses
Best Use
Office B
$590.1K
$516.4K – $688.5K
NOI $41,310 @ 7.0% cap · market cap 9.50%
Second Best
Warehouse
$335.6K
$293.6K – $391.5K
NOI $23,491 @ 7.0% cap · market cap 5.40%
Theoretical Best
Specialty Retail
$972.0K
$850.5K – $1.13M
NOI $68,041 @ 7.0% cap · market cap 15.65%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
Similar Off Market Nearby
- fork U catering — 13231 NW 8th St, Miami, FL 33182
FAQs
What type of property is this?
Flex space - Remodeled commercial two-story warehouse and office unit with separate entrances, private offices, and a large ground-level bay door.
Where is this flex space located?
The property is located at 9-12349 Sw 132nd Ct Miami, FL.
What is the asking price?
The asking price for this property is $434,800.
What are key features of this property?
This property features: Commercial legal two‑story warehouse & office with separate entrances for the first floor and second floor; Large ground‑level bay door plus open warehouse area downstairs; Upstairs has four private offices and a total of two bathrooms (one upstairs, one downstairs)
