Property summary
This exceptional 25,642-square-foot freestanding office building, constructed in 2009, presents a compelling investment opportunity in Miami's thriving Kendall market. Located at 12030 SW 129th Ct, Miami, FL 33186, this property sits on a sizable 42,000-square-foot lot, offering ample parking for tenants and visitors. The building currently houses 19 units, all leased on month-to-month agreements, providing flexibility for future occupancy strategies. This allows for easy re-tenanting or vacating to suit the new owner's needs. Currently generating an annual income of $185,000, a pro-forma analysis projects a significantly increased net operating income (NOI) of $611,000 per year, representing a nearly 10% capitalization rate at the asking price of $6,300,000. The property benefits from its location in a clean, economically vibrant area of Kendall, experiencing a surge in popularity due to the migration of families to suburban areas. This trend fuels strong and growing tenancy, promising continued positive performance. The building's modern design and convenient location make it an attractive option for both owner-users and investors seeking a high-return property in a rapidly developing market. This is a rare opportunity to acquire a well-positioned asset with substantial upside potential.
Property profile
VerifiedCap rate & NOI
Current use
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Accounting Firm Tax Preparation
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Insurance Agency
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Insurance Agency
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Financial Advisor
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Social Service Agency
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
7700:INDUSTRIAL,RESTRICT · Miami, FLZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for 7700:INDUSTRIAL,RESTRICT in Miami, FL.
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Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
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