3100 Milam Dairy Rd Miami, FL 33122
This exceptional 2,472 square foot warehouse condo unit, located at 3100 Milam Dairy Rd #112 in Miami, Florida, 33122, presents a compelling investment opportunity. Built in 1982, this single-story unit boasts a beautifully improved interior. The air-conditioned office space features a spacious reception area, a fully equipped kitchen, a bathroom, three private offices, a large workstation area, and ample storage. The warehouse area, totaling a significant portion of the unit's square footage, is non-air-conditioned and offers convenient street-level loading. The property benefits from an 18-foot clear ceiling height, providing excellent vertical storage capacity. Three dedicated parking spaces are included. Currently tenant-occupied month-to-month, this property is ideal for owner-occupiers or investors seeking a strong cash flow. The property is zoned IU-Heavy Industrial. Association fees are $380 per month, encompassing real estate taxes, insurance, and building maintenance. Market leasing rates in the area range from $25 to $28 per square foot. The location is highly desirable, situated just half a mile west of Miami International Airport, offering excellent accessibility and transportation links. Showings are strictly by appointment only; please do not disturb the tenant.
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Royalty of 4M Medical Group Medical Clinic
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Oikos Center Electronics & Wireless Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.