Commercial Sale · Special Purpose
12610 SW 120th St, Miami FL 33186, MIAMI, FL, 33186
Active727 days on marketListed Aug 14, 2024MLS #A11639889
About this property
The property at a glance
This is a spectacular NNN property investment. The lease has been renewed for another 20 years.The building was built in 2004 and covers 4,280 sqft (lot 8,540 sqft) and is ideally located in the heart of a dense growing Miami-Dade submarket with over 200,000 people living within three miles of the subject property. This is a pad site within the South Kendall Square shopping center that is also anchored by Walgreens, Starbuck’s. The bank location has very high annual deposits. Chase Bank has Occupied the Site since 2005.
4,465
Building sq ft
$806
Price / sq ft
8,538
Lot sq ft
2006
Year built
6200
Zoning
Special Purpose
Property type
The numbers
Investment snapshot
Income and lease details aren’t published in the MLS for this listing. Ask for the offering memorandum and rent roll to run cap rate, NOI and cash-on-cash.
Estimated payment (illustrative)
Estimated payment
$18,014/mo
Illustrative only. Commercial loans are underwritten on the property’s income (DSCR, cap rate) — typically 25–35% down with lender-set terms. Ask a commercial lender for real numbers. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Financing
Commercial financing works differently from a home loan — expect roughly 25–35% down with terms driven by the property’s income and your lender’s underwriting (DSCR, cap rate), not FHA or VA programs. Ask David to connect you with a commercial lender for real numbers.
Where it sits
Location & trade area
What’s nearby
Business data © OpenStreetMap contributors
The area
Who's around this property
67,597
Population
$86,481
Median income
40.9
Median age
2.86
Avg household
$422,300
Median home value
$2,021/mo
Median rent
7,878
Households w/ kids
Recent sales
What actually sold near 12610 SW 120th St
The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.
$950
12258 SW 131st Ave # 4, Miami FL 33186
Sold Jun 17, 2025
$1,000
14055 SW 142nd Ave # 24, Miami FL 33186
Sold Jul 3, 2025
$270,000
Nearby listing
Sold Jul 10, 2025
Your team
The pros in your corner
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, offers, and every question about 12610 SW 120th St — start here.
Financing contact
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Ask about commercial financing options for 12610 SW 120th St.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Keep looking
Similar properties nearby
Listing courtesy of Canvas Real Estate · Ernesto Bistuer. MLS #A11639889.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Miami Association of REALTORS®.
Never miss a listing
New MIAMI listings, in your inbox
A daily digest of every new listing in MIAMI — straight from the MLS, hours after it goes live. Unsubscribe anytime.