12438 SW 128th St # 5, Miami FL 33186 | Miami-Dade County | A11879432

$516,000

Description

Four Industrial Condos Warehouses for Sale. Can be bought together or separate in a highly accessible location, near Tamiami Airport on 128 St. half a mile to the Turnpike and 874 entrance. Perfect for an investor seeking scale or user. With a combined space of 7,400 +/- sq. ft. and 610 =/- sq. ft. of a legal mezzanine, a total of 8,010 +/- sq. ft. Each unit features open clear-span warehouse space, high ceilings, roll-up loading doors, dedicated parking, and an office. Long-term tenants in place for immediate income (or delivered vacant for owner-occupiers). Zoned for light industrial. Great opportunity for investors seeking income with a proforma rental income of $154,700 yearly with a potential return of 6.8%. See MLS A11879457, A11879453, A11879459. Lowest priced in area!

Address

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

Details

Updated on September 20, 2025 at 1:24 am

Property ID A11879432
Price $516,000
Year Built 1984
Type Industrial
Property Status Commercial Sale

Additional details

AssociationFee 253
AssociationFeeFrequency Monthly
BuildingAreaTotal 1720
BuildingAreaUnits Square Feet
BuildingFeatures Airport Access
BusinessType Automotive, Warehouse Space
ConstructionMaterials CBS Construction
ContractStatusChangeDate 2025-09-18
Cooling Central Individual A/C
CurrentUse Industrial
DaysOnMarket 1
DistanceToFreewayNumeric 1
DocumentsAvailable Aerial Photo(S)
Flooring Concrete
Inclusions Building Only
InternetAddressDisplayYN 1
InternetEntireListingDisplayYN 1
LeaseConsideredYN 1
LeaseTerm Month To Month
ListAOR A-Miami Association of REALTORS
ListAgentDirectPhone 305-302-1675
ListAgentEmail fh@novarealtygroup.com
ListAgentFullName Frank Hernandez
ListAgentKey 5400027ec54673cee2303faa91752819
ListAgentMlsId 0486088
ListAgentOfficePhone 305-441-8001
ListAgentStateLicense 0486088
ListOfficeFax 305-461-4455
ListOfficeKey bbe3822c4fe7ff502e5ea91c103c4c8d
ListOfficeMlsId NOVA01
ListOfficeName Nova Realty Group, Inc.
ListOfficePhone 305-441-8001
ListOfficeURL https://youtu.be/bfNOat7VHOk
ListingAgreement Exclusive Right To Sell
ListingContractDate 2025-09-18
ListingKey 9213930df7db3ffd47826509e4ed7113
LotFeatures Central Business District, Near Airport
LotSizeSquareFeet 1720
MajorChangeTimestamp September 18, 2025 at 01:48pm
MajorChangeType New
MlsStatus Active
ModificationTimestamp September 19, 2025 at 11:00pm
NumberOfUnitsInCommunity 1
OnMarketDate 2025-09-18
OriginalEntryTimestamp September 18, 2025 at 01:48pm
OriginalListPrice 516000
OriginatingSystemID miamire
OriginatingSystemKey miamire
OriginatingSystemName Miami Association of REALTORS®
OtherExpense 0
Ownership Corporation
ParcelNumber 30-59-13-016-0050
ParkingFeatures Assigned
ParkingTotal 3
PhotosChangeTimestamp September 19, 2025 at 03:30pm
PhotosCount 7
PostalCodePlus4 5424
PriceChangeTimestamp September 16, 2025 at 03:47pm
PublicSurveyRange 59
PublicSurveySection 13
PublicSurveyTownship 59
Roof Other
SecurityFeatures Security Fence
Sewer Other
SourceSystemKey 420630559
SpecialListingConditions Sale
StateOrProvince FL
StatusChangeTimestamp September 18, 2025 at 01:48pm
Stories 1
StoriesTotal 1
StreetDirPrefix SW
StreetName 128th St
StreetNumber 12438
StreetNumberNumeric 12438
StructureType Warehouse, Industrial
SyndicationRemarks Four Industrial Condos Warehouses for Sale. Can be bought together or separate in a highly accessible location, near Tamiami Airport on 128 St. half a mile to the Turnpike and 874 entrance. Perfect for an investor seeking scale or user. With a combined space of 7, 400 +/- sq. ft. and 610 =/- sq. ft. of a legal mezzanine, a total of 8, 010 +/- sq. ft. Each unit features open clear-span warehouse space, high ceilings, roll-up loading doors, dedicated parking, and an office. Long-term tenants in place for immediate income (or delivered vacant for owner-occupiers). Zoned for light industrial. Great opportunity for investors seeking income with a proforma rental income of $154, 700 yearly with a potential return of 6.8%. See MLS A11879457, A11879453, A11879459. Lowest priced in area!
TaxAnnualAmount 3423
TaxLegalDescription DEVONAIRE COMMERCE CENTER I CONDO UNIT 5 UNDIV 6.296% INT IN COMMON ELEMENTS OFF REC 17069-4296 OR 20768-3033 102002 1 COC 26043-0819 06 200
UnitNumber 5
WaterSource Public
Zoning 7700