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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    12914 133rd Ct, Unit 8 Miami, FL 33186-6585

    • Office buildings
    • 1,282 SF
    OFF-MARKET
    Last Sale
    May 05, 2023
    $290,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US18-3910444
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Office buildings

    Property Details for 12914 133rd Ct

    Year built
    1989
    Property size
    1,282 SF
    Zone code
    7700:INDUSTRIAL,RESTRICT
    Property type
    Office buildings
    APN
    30-5914-036-0080
    APU
    3059140360080

    Description

    This 1,200 square foot office space in Miami's Three Lakes submarket (Kendall cluster) is available for immediate occupancy. Located at 12914 SW 133rd Ct, Miami, FL 33186, this single-tenant property boasts a fresh 2023 renovation. The building, constructed in 1989 and situated in a two-story structure, offers a welcoming reception area ideal for client interaction. The layout is adaptable to various configurations, accommodating cubicles and a private office with abundant natural light. A private bathroom is included for added convenience. This space is well-suited for teams of 3-5 employees. While the property offers ample space, please note that parking is unassigned. This move-in ready office provides a professional and efficient workspace in a desirable Miami location. The property is classified as Traditional, Executive, and Creative Office space.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-dade
    State
    Florida
    Longitude
    -80.4108
    Latitude
    25.6476
    CBSA code
    33100
    CBSA name
    MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $3,618
    $0.00
    $0.00
    $249,990
    -
    $0.00
    $0.00
    $249,990

    Comparable in this City

    • Value Estimation by Request
      950 SF

      13200 128th St Ste F3

      OFFICE BUILDING (MULTI-STORY) • 950 SF
      13200 128th St Ste F3, Miami, FL 33186-5831
      View Details
    • Value Estimation by Request
      684 SF

      12955 132nd St Ste, Unit 107

      OFFICE BUILDING (MULTI-STORY) • 684 SF
      12955 132nd St Ste, Miami, FL 33186-6224
      View Details
    • Value Estimation by Request
      1,409 SF

      12855 132nd St Ste, Unit 200

      OFFICE BUILDING (MULTI-STORY) • 1,409 SF
      12855 132nd St Ste, Miami, FL 33186-7221
      View Details
    • Value Estimation by Request
      943 SF

      8900 117th Ave Ste B205

      OFFICE BUILDING (MULTI-STORY) • 943 SF
      8900 117th Ave Ste B205, Miami, FL 33186-2184
      View Details
    • Value Estimation
      $6,395,000
      23,825 SF

      12601 125th Ave

      PROFESSIONAL BUILDING • 23,825 SF
      12601 125th Ave, Miami, FL 33186-5204
      View Details
    • Value Estimation by Request
      1,105 SF

      12900 128th St

      OFFICE BUILDING (MULTI-STORY) • 1,105 SF
      12900 128th St, Miami, FL 33186-6273
      View Details

    Similar Nearby for Sale

    • $3,700,000
      Pending

      Miami Office Building with Land

      Commercial office building with development parcel near Miami Executive Airport.
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    • $6,300,000
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      Freestanding Office Building in Kendall

      25,642 SF office building with significant rental upside.
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      Office and warehouse combination with A/C in great location.
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    • $675,000

      Two-Story Office/Warehouse with Modern Amenities

      Two-story office/warehouse with modern amenities in the Kendall area.
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    • Contact for pricing

      Move-In Ready Furnished Office Space

      Furnished office space with natural light, utilities included, ready to use.
      12347 Sw 132Nd Ct, Miami, FL 33186
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    • $299,999

      Kendall Park Commercial Warehouse

      Tenant-occupied warehouse with office space and easy highway access.
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    Similar Nearby for Lease

    • $24 SF/Yr
      138,464 SF

      Kendall Office Center Space Available

      Professional office spaces for lease in a three-building office park.
      9000 SW 137Th Ave, Miami, FL 33186
      View Details
    • Contact for pricing

      West Kendall Retail and Office

      Multi-use property with retail and office space available for lease.
      13630 120Th St, Miami, FL 33186
      View Details
    • $25 SF/Yr
      13,400 SF

      High-End Office Space Available

      Office space with high-end finishes and advanced technology.
      14591 Sw 120Th St, Miami, FL 33186
      View Details
    • New
      $1,450 /Mo
      Pending

      Remodeled Office Space in Miami

      Remodeled office space in a desirable Miami business district.
      12958 SW 133Rd Court Dr, Miami, FL 33186
      View Details
    • $3,200 /Mo

      Miami Warehouse with Office Space

      2,240 sqft warehouse and office space for rent.
      14250 SW 136Th St, Miami, FL 33186
      View Details
    • $7,500 /Mo

      Miami Flex Space Available

      Flex space with office and warehouse combination in Miami.
      12300 SW 130Th St, Miami, FL 33186
      View Details
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    12914 133rd Ct, Unit 8
    Miami, FL 33186-6585
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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