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Active
12030 SW 129th Ct
Miami FL, 33186
$6,300,000
$245.69 per sqft
Active
25,642 sqft
Commercial
Built in 2009
Kendall Market 25,642 sf Freestanding 2009-Built Suburban Office Building with Significant Upside on Rents or Available for an Owner-User. Currently housing 19 units, all leased but retained on month-to-month leases for ease of re-tenanting or vacating. Currently generating $185k per year but Pro-Forma rents would easily take this to $611k NOI per year for a nearly 10% cap at asking price. Site is on 42k sf lot, with plenty of parking, and in a thriving, very clean and very economically vital corner of Kendall. Modern trends have pushed new-forming families to the suburbs in large numbers, and as such suburban office markets are finding incredible vitality as opposed to more urban product. Because of this, tenancy is only growing in strength and should continue that way.
A11535862
MLSⓇ ID
February 19, 2024
Listed
October 2, 2024
Updated
Map
12030 SW 129th Ct
Miami FL, 33186
Interior Features
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.96 Acres
Other Property Details
Taxes
$42,635
Tax Frequency
Annually
Days on Market
119
Garage
No
View
No
County
Miami-Dade County
Pool
No
Zoning
7700
Listed by: Fausto Commercial Realty Consultants Inc
Listing Contact: 305-431-2258
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Data last updated 2:34 AM UTC, 10/2/2024.