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Asset sale that includes 3 contiguous warehouse condos totaling 2, 361 SF, real estate and equipment together, in a rare Kendall commercial park still zoned for automotive use. Fully equipped body shop: paint booth, 3 compressors, set-up and pull machinery, tent and storage equipment, materials and paint. Value is in the real estate and equipment package, not business financials. Open your own shop day one, no build-out, no equipment sourcing; also suits warehouse or flex use. Access from both sides, 12-ft ceilings, roll-up doors, 15 assigned parking spaces (5 per unit) plus extra available. Fenced complex, nightly security gate. HOA just $120/mo per unit covers water, trash, insurance, landscaping, outside lighting and bookkeeping. Minutes to SR 874 and Turnpike, 1 mi from Miami Executive Airport Asset Sale: Fully Equipped Body Shop Facility with 3 Contiguous Warehouse Condos | 12459 SW 130th St, Miami, FL 33186 This is an asset sale, first and foremost: the offering includes three contiguous industrial warehouse condominiums, units #8, #9, and #12, totaling 2, 361 square feet, together with the complete body shop equipment package installed in the space. The buyer acquires real estate and equipment. Business financials are not part of this offering, and the value proposition does not depend on them. What the equipment package includes: a professional paint booth, three compressors, set-up and pull (frame) machinery, tent and storage equipment, and materials and paint. For an automotive operator, this eliminates the two biggest barriers to opening a shop: the six-figure equipment investment and the months of build-out and permitting a raw warehouse would demand. Close, hang your sign, and be working day one under your own name and operation. The real estate itself carries the long-term value. Devonaire Commercial Center IV is one of the few remaining commercial condo parks in the Kendall area that still permits automotive repair use, at a time when surrounding associations have moved to ban it. Operators being pushed out of neighboring parks have very few alternatives, which makes this zoning position genuinely scarce. And if automotive isn't your play, the units work equally well as warehouse or flex space. The three units combine to offer access from both sides of the building, 12-foot ceilings, and roll-up loading doors in 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 within a fenced complex secured by a gate that closes nightly. Carrying costs are minimal: HOA dues run $120 per month per unit and cover water, trash, insurance, landscaping, and outside lighting. Location supports any service operation: just east of Miami Executive Airport, with immediate access to SR 874 and the Florida Turnpike, placing all of South Miami-Dade within a short drive. Best suited for automotive operators ready to run their own shop from day one, or buyers seeking equipped, automotive-zoned industrial real estate in a supply-constrained submarket. Shown by appointment only.
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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.