Flex Space with Office
C-1-13210 Sw 132nd Ave, Miami, FL 33184
For Sale
Contact for pricing
Remodeled warehouse area supports a combination of storage and office functions.
Property Size1,260 SF
Price / SF$2.37
Days on Market16
Property Features for C-1-13210 Sw 132nd Ave
General Information
Standard status
Size
Additional Details
Property Use
Listing Agency:
Phantom Real Estate
(305) 595-6804
Listed By:
Glenny Almonte · License FL A11998882
(786) 262-1504
Source:
Exprealty
Added: Oct 28
Changed: Nov 6
Last Checked: Nov 12 at 9:12AM
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 Phantom Real Estate
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This flex-space condo combines a warehouse area with a mezzanine containing two private offices. The warehouse portion has been remodeled, and the unit is ready for immediate occupancy.
The property is a corner unit at C-1-13210 SW 132nd Ave in Miami, minutes from Tamiami Airport. It contains 1,260 square feet and is offered for sale.
The property is a corner unit at C-1-13210 SW 132nd Ave in Miami, minutes from Tamiami Airport. It contains 1,260 square feet and is offered for sale.
Key Highlights
- 1,260‑square‑foot corner flex‑space condo
- Mezzanine includes two private offices
- Remodeled warehouse area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,928
Suggested Prices Based on Cap Rates
Cap Rate 5%
$338,560
$338.6K
Cap Rate 7%
$241,829
$241.8K
Cap Rate 9%
$188,089
$188.1K
Market Conditions
NOI Build-Up for 1,260 SF
Gross rent
$25.4K $20.16/SF
− Vacancy
−$1.2K −$0.97/SF
EGI
$24.2K $19.19/SF
− OpEx
−$7.3K −$5.76/SF
NOI
$16.9K $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%
$338,560
Cap Rate 7%
$241,829
Cap Rate 9%
$188,089
Alternative Uses
Best Use
Warehouse
$293.6K
$256.9K – $342.6K
NOI $20,555 @ 7.0% cap
Second Best
Flex RnD
$264.0K
$231.0K – $308.0K
NOI $18,477 @ 7.0% cap
Theoretical Best
Specialty Retail
$850.5K
$744.2K – $992.3K
NOI $59,536 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
569
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 33184, FL
20,913
Population
6,773
Households
3.1
Avg Household Size
47
Median Age
33%
College-Educated
75%
High-School Grad
2.5 sq mi
ZIP Area
8,365
Density / Sq Mi
$77,443
Median Household Income
$36,361
Median Earnings
$1,926
Median Rent
$418,200
Median Home Value
Market
Average Price Trend$/SF for Flex space in Miami, FL
Properties on Market for Flex space in Miami
Vacancy Rate% for Industrial in Miami, FL
Similar Off Market Nearby
- fork U catering — 13231 NW 8th St, Miami, FL 33182
Frequently Asked Questions
What type of property is this?
Flex space - Remodeled warehouse area supports a combination of storage and office functions.
Where is this flex space located?
The property is located at C-1-13210 Sw 132nd Ave Miami, FL.
What are key features of this property?
This property features: 1,260‑square‑foot corner flex‑space condo; Mezzanine includes two private offices; Remodeled warehouse area
