13501 SW 128th St Miami, FL ^$ 8,000,000

13501 SW 128th St

^$ 8,000,000

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13501 SW 128th St

Miami, FL, 33186

^$ 8,000,000

Studio Baths0.0 Sq 22,992

Monthly Estimate*

^$ 55,882

13501 SW 128th St, Miami, FL 33186 - Image 1

13501 SW 128th St, Miami, FL 33186 - Image 2

13501 SW 128th St, Miami, FL 33186 - Image 3

13501 SW 128th St, Miami, FL 33186 - Image 4

13501 SW 128th St, Miami, FL 33186 - Image 5

13501 SW 128th St, Miami, FL 33186 - Image 6

13501 SW 128th St, Miami, FL 33186 - Image 7

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Studio

Commercial Property for sale in Miami, FL

for $8,000,000. This 22,992 square foot building was built in 1987 on a lot size of 1.99725.

Owner financing available. This offering is an office condo investment portfolio of 18 fully leased units at Tamiami Commerce Center (34 total units in complex) in the rapidly growing West Kendall neighborhood of Miami Dade county. The building is newly painted and the parking lot has just been resealed. Roof was replaced in 2021. The office units are modern and newly renovated. The range in size from 619 sq ft to 1,510 sq ft. The total square footage of the office units is 24,600 sq ft. The owner controls the association which is well managed and has substantial reserves. All units are up to date on their rent. $468,272 +/- NOI. 6% Cap +/-

Commercial Active

Price

^$ 8,000,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 2,887

Style

Condominium

Lot Size

1.99725

Year Built

1987

Town/City

Miami

County/Region

Miami-Dade

MLS | Web ID

A10943804

Features

General

Year Built 1987

Property SubType Condominium

Building Name Tamiami Commerce Center

County Miami-Dade County

Net Operating Income 438429.0

New Construction N

Property Type CommercialSale

HOA / Comm Assn N

Attached Garage N

Garage Y/N N

Status Active

Directions Just East of the Miami Executive Airport and SW 137th Ave. Minutes to the Turnpike Interchange and future 874 expressway connection.

City Miami

Buyer Agent Compensation 2.0%

View Y/N N

Senior Community Y/N N

Zoning Description 7700

MLS Area 59

Lot Size Square Feet 87000.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Street Name 128th St

Property Attached Y/N N

Land Lease Y/N N

Tax Annual Amount 2887.0

Home Warranty Y/N N

Lease Renewal Y/N N

Additional Parcels Y/N N

Leasable Area 24562.0

Lease Considered Y/N N

Rent Control Y/N N

Virtual Tour https://www.propertypanorama.com/instaview/mia/A10943804

Days on Market 1265

Standard Status Active

Occupancy Description Tenant

Property Sub Type Additional Condominium

Legal Description TAMIAMI COMMERCENTER CONDO I UNIT 212 UNDIV 3.54% INT IN COMMON ELEMENTS OFF REC 12970-1468 OR 16525-3071 0994 1 COC 24019-2912 12 2005 1

Exterior

Lot Size Area 87000.0

Spa N

Building Area Total 22992.0

Lot Size Units SquareFeet

Covered Spaces 0.0

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N N

Fireplace Y/N N

Electric On Property Y/N N

Total Baths 0

Internal Only

Street Number 1 13501

* Excluded Features

List By

Southeast Property Manangement

Broker

stevenhendrikse@gmail.com

Affordability Calculator

$56,123

Per Month

Monthly Principal & Interest: $55,882
Monthly Property Taxes: $241
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Miami, FL

Average List Price ^$2,235,139

Percent of Sale Price 72%

About Miami, FL

450,829 Population

25% Since 2002

^$39,267 Median Income

40.58 Median Age

22% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

292769 Elementary School

292996 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
10/16/2020	$7,000,000		Listed Price

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13501 SW 128th St, Miami, FL, 33186 is a Commercial Property for sale at $8,000,000 with 22,992 sqft and a lot size of 1.99725. 13501 SW 128th St is a studio with 0.0 baths and was built in 1987. The property's zip code is 33186 which is in Miami, FL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to the real estate for sale on this web site comes in part from the Realtor Association of Greater Miami and the Beaches.

The information being provided is for consumers'personal, non-commercial use and may not be used for any purpose other than to identify prospective consumers may be interested in purchasing. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited.

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13501 SW 128th St

Commercial Property for sale in Miami, FL

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