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Three contiguous industrial warehouse condos totaling 2, 361 SF in a rare Kendall commercial park still zoned for automotive use. Asset sale, fully equipped as a working body shop: paint booth, 3 compressors, set-up and pull machinery, tent and storage equipment, materials and paint. Open your own shop day one, no build-out, no equipment sourcing; also suits warehouse or flex use. Access from both sides of the building, 12-ft ceilings, roll-up loading doors, 15 assigned parking spaces (5 per unit) plus extra available. Fenced complex with nightly security gate. HOA just $120/mo per unit covers water, trash, insurance, landscaping, outside lighting and bookkeeping. Minutes to SR 874 and Florida Turnpike, 1 mi from Miami Executive Airport. Rare find for owner-users. Easy to show. _________________________________________________________________________________________________________________________ _________________________________________________________________________________________________________________________________________ _________________________________________________________________________________________________________________________________________ Turnkey-Equipped, Automotive-Zoned Warehouse Condos | 12459 SW 130th St, Miami, FL 33186 This offering consists of three contiguous industrial warehouse condominiums, units #8, #9, and #12, totaling 2, 361 square feet within Devonaire Commercial Center IV in West Kendall. This is an asset sale of the real estate together with the body shop equipment installed in the space: a professional paint booth, three compressors, set-up and pull (frame) machinery, tent and storage equipment, and materials and paint. The result is a facility that is genuinely turnkey. An automotive operator can close, hang their sign, and be working the next day, with none of the build-out cost, permitting timeline, or equipment sourcing that a raw warehouse would require. Replacing this equipment package from scratch would run well into six figures before the first car rolls in. The zoning is the headline. Devonaire Commercial Center IV is one of the few remaining commercial condo parks in the area that still permits automotive repair use, at a time when surrounding associations have moved to ban it. For operators being priced out of or pushed out of neighboring parks, opportunities like this rarely surface. Physically, the units combine to offer access from both sides of the building, 12-foot ceilings, and roll-up loading doors on a single-story concrete block structure with concrete roof and floors, built in 1986. Parking totals 15 assigned spaces, 5 per unit, with additional spaces available, all inside a fenced complex with a security gate that closes nightly. Carrying costs are remarkably low: HOA dues are $120 per month per unit and cover water, trash, insurance, landscaping, outside lighting, and bookkeeping. The property sits just east of Miami Executive Airport with immediate access to SR 874 and the Florida Turnpike, putting the entire South Miami-Dade market within easy reach. Ideal for automotive owner-users who want to be operational immediately, or buyers seeking equipped, automotive-zoned industrial space in a supply-constrained submarket. Shown by appointment.
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $1,000,000 | $1,000,000 | $1,000,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.000% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.277% | 6.110% | 6.183% |
| Monthly Tax Payment | $510 | $510 | $510 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $5,915 | $5,996 | $8,439 |
| Total Monthly Payment | $6,550 | $6,631 | $9,074 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.