Flex Space with
For Sale
$700,000
Miami, FL 33186, Miami, FL 33186
Commercial Sale, Miami, FL
Property Size2,250 SF
Lot Size0.05 Acres
Price / SF$311.11
Days on Market118
Property Features
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
7700
Subdivision
59
Standard status
Active
Lot size
0.05 Acres
Additional Details
Property Use
Warehouse
Taxes and HOA fees
Tax Annual Amount
8008
HOA Fee
$560 Monthly
Utilities
Sewer type
Public Sewer
Heating system
Central, Electric (Heating)
Cooling system
Central Air
Water source
Public
Building Details
Year built
2020
Floors in Building
2
Flooring type
Laminate, Concrete
Building materials
CBS (Concrete Block Structure), Block
Listing Agency:
RE/MAX Advance Realty II · RE/MAX International
(305) 251-2127
Listed By:
Dania Diaz · License #3140615
(786) 380-5180
Added: Jun 30
Changed: Oct 24
Last Checked: Oct 25 at 11:06AM
MLS# A12005777
Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 2020 flex property includes a 2,250-square-foot facility with a 20-foot-clear warehouse, grade-level door, and air conditioning throughout. The upper level adds 760 square feet plus 160 square feet for storage, along with offices and a showroom. Construction is concrete block, with laminate and concrete flooring.
The property occupies a corner end-cap position with frontage on SW 120 ST and is described as close to highways. Open parking is located at the front office entrance, with private parking at the rear.
The property occupies a corner end-cap position with frontage on SW 120 ST and is described as close to highways. Open parking is located at the front office entrance, with private parking at the rear.
Key Highlights
- 2,250‑square‑foot facility with air conditioning throughout
- 20‑foot‑clear warehouse with a grade‑level door
- Upper level includes 760 +160 extra Sq Ft for storage, offices, and a showroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$36,705
Cap Rate
5.24%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$734,100
$734.1K
Cap Rate 7%
$524,357
$524.4K
Cap Rate 9%
$407,833
$407.8K
Market Conditions
NOI Build-Up for 2,250 SF
Gross rent
$45.4K $20.16/SF
− Vacancy
−$2.2K −$0.97/SF
EGI
$43.2K $19.19/SF
− OpEx
−$6.5K −$2.88/SF
NOI
$36.7K $16.31/SF
Area
ZIP 33186
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%
$734,100
Cap Rate 7%
$524,357
Cap Rate 9%
$407,833
Alternative Uses
Best Use
Office B
$1.03M
$897.2K – $1.20M
NOI $71,776 @ 7.0% cap · market cap 10.25%
Second Best
Warehouse
$524.4K
$458.8K – $611.8K
NOI $36,705 @ 7.0% cap · market cap 5.24%
Theoretical Best
Office A
$1.23M
$1.08M – $1.43M
NOI $86,007 @ 7.0% cap · market cap 12.29%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
20 ft
Clear height
1
Drive-in doors
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
3,051
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 33186, FL
69,866
Population
24,397
Households
2.9
Avg Household Size
42
Median Age
36%
College-Educated
91%
High-School Grad
12.4 sq mi
ZIP Area
5,634
Density / Sq Mi
$86,481
Median Household Income
$46,755
Median Earnings
$2,021
Median Rent
$422,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Miami, FL
Similar Off Market Nearby
- Maxwell Catering — 12985 SW 130th Ct, Miami, FL 33186
- The Great Rome — 12701 SW 137th Ave, Miami, FL 33186
- Food by DN Corp — 12350 SW 132nd Ct #105, Miami, FL 33186
- The Pickled Beet Miami Personal Chef — 12276 SW 131st Ave, Miami, FL 33186
Frequently Asked Questions
What type of property is this?
Flex space - The fully air-conditioned facility pairs warehouse space with upper-level offices and storage.
Where is this flex space located?
The property is located at Miami, FL.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: 2,250‑square‑foot facility with air conditioning throughout; 20‑foot‑clear warehouse with a grade‑level door; Upper level includes 760 +160 extra Sq Ft for storage, offices, and a showroom
