USD 7,000,000

13501 SW 128th St
Miami, Florida 33186

For Sale

Property Description

This offering is an office condo investment portfolio of 18 fully leased units at Tamiami Commerce Center in the rapidly growing West Kendall neighborhood of Miami Dade county. This commercial condominium building sits minutes from the SW 120th St Turnpike Interchange and Miami Executive Airport. The complex has plenty of parking spaces and it fronts 4 lane SW 128th St which now connects to the 874 expressway. The building is newly painted and the parking lot has just been resealed. The office units range in size from 619 sq ft to 1,510 sq ft. The total square footage of the office units is 24,562 sq ft. The owner controls the association which is well managed and has substantial reserves. All units are up to date on their rent. $438,429 NOI. 6.26% Cap rate at asking price.

Listed by Southeast Property Manangement

Property Details

ID #
A10943804
Status
Sale
Type
Commercial, Industrial
Zip Code
33186
Year Built
1987
Occupancy
Tenant Occupied
Type of Building
Commercial/Residential Income, Condominium
Utilities
Internet
Zoning Information
7700

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