13501 SW 128th St, Miami FL 33186,Miami,Miami-Dade County,Commercial Sale

$8,000,000

Overview

Industrial
Property Type

Description

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 +/-

Address

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Address: 128th St
City: Miami
State/county: Miami-Dade County
Zip/Postal Code: 33186

Details

Updated on January 3, 2024 at 12:42 pm

Price $8,000,000
Year Built 1987
Property Type Industrial
Property Status Commercial Sale

Additional details

StreetDirPrefix SW
PublicSurveyRange 59
CoListAgentDirectPhone 305-216-4061
ListAgentKey 00a62269fa7cd833e882256fc08948de
TaxLegalDescription 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
OnMarketDate 2020-10-15
ListAgentEmail stevenhendrikse@gmail.com
ContractStatusChangeDate 2020-10-15
MajorChangeTimestamp 2023-05-22T19:25:39.040Z
PhotosCount 7
SubAgencyCompensation 3.0%
StatusChangeTimestamp 2020-10-16T14:54:16.663Z
BuildingName Tamiami Commerce Center
CoListOfficeName Southeast Property Manangement
PriceChangeTimestamp 2023-05-22T19:25:39.040Z
ListingKeyNumeric 351600358
MajorChangeType Price Increase
ListingContractDate 2020-10-15
CoListOfficeKey 152dd9485e68f91cdaef6c320c76921b
ListAOR A-Miami Association of REALTORS
TaxAnnualAmount 2887
ListOfficeName Southeast Property Manangement
MIAMIRE_MaximumLeasableSqft 24562
OriginatingSystemKey miamire
BusinessType Commercial/Residential Income, Condominium
DualVariableCompensationYN no
PhotosChangeTimestamp 2020-10-21T20:10:37.251Z
OriginatingSystemName Miami Association of REALTORS®
ListOfficePhone 305-255-2622
MlsStatus Active
StreetNumber 13501
CoListOfficeMlsId SEPM01
ListingKey 641d5c0b3b18f457d3e4c21d563cc1c2
StateOrProvince FL
CoListAgentEmail mike@sepm.net
ListOfficeKey 152dd9485e68f91cdaef6c320c76921b
Directions Just East of the Miami Executive Airport and SW 137th Ave. Minutes to the Turnpike Interchange and future 874 expressway connection.
BridgeModificationTimestamp 2023-08-22T17:02:50.552Z
ListAgentFullName Steven Hendrikse
ListAgentOfficePhone 305-255-2622
ParcelNumber 30-59-14-022-0290
OtherExpense 0
CoListAgentOfficePhone 305-255-2622
IDXParticipationYN yes
InternetAddressDisplayYN yes
ListAgentMlsId 0701826
ModificationTimestamp 2023-08-22T17:01:51.487Z
OriginatingSystemID miamire
PreviousListPrice 7000000
DaysOnMarket 1041
BuyerAgencyCompensationType %
NetOperatingIncome 438429
ListOfficeMlsId SEPM01
ListAgentDirectPhone 305-255-2622
CoListAgentFullName Michael Hendrikse
CoListAgentKey ff6fe426927270fd90fe6cc081e0b300
StreetNumberNumeric 13501
CoListAgentStateLicense 0613589
PostalCodePlus4 5863
NumberOfUnitsInCommunity 0
ExpirationDate 2024-08-31
SyndicationRemarks 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. $501, 961 +/- NOI.
StructureType Industrial
ListAgentStateLicense 0701826
CoListAgentMlsId 0613589
PublicSurveyTownship 59
ListingAgreement Exclusive Agency
PublicSurveySection 14
ListingId A10943804
SpecialListingConditions Sale
OriginalListPrice 7000000
BuildingAreaUnits Square Feet
InternetEntireListingDisplayYN yes
BuyerAgencyCompensation 3.0%
InternetAutomatedValuationDisplayYN yes
OriginalEntryTimestamp 2020-10-16T14:54:16.663Z
SourceSystemKey 351600358
LotSizeSquareFeet 87000
InternetConsumerCommentYN yes
CoListOfficePhone 305-255-2622
BuildingAreaTotal 22992