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7311 NW 12th St - 7311 NW 12 ST UNIT: 29 Doral, FL 33126 3,398 SF Flex Condo Unit Offered at $1,526,382 CAD in Doral, FL 33126
INVESTMENT HIGHLIGHTS
- Total Unit Size: ± 3,398 Sq.Ft | 2 Floors | 2 Bathrooms | 4 Assigned parking spaces
- Seamless access to major highways, including the Palmetto Expressway, Dolphin Expressway, and Florida’s Turnpike, providing excellent connectivity for
- The entire unit has been fully renovated, offering a modern and upgraded feel throughout, including new flooring, new bathrooms, new kitchenette.
- 1 Street-Level Roll-Up Bay Door – Electric & Insulated | Twin-T concrete roof | 2 A/C Units: Cooling Offices area (2nd floor) & Warehouse area
- Warehouse Area Size: ± 1,150 Sq. Ft | The warehouse features LED lighting, providing excellent illumination.
- Not located in a flood zone (no flood insurance required) A new electronic roll-up loading door has been installed, fully insulated.
EXECUTIVE SUMMARY
Prime Industrial Investment Opportunity – 5-Year Lease in Place Don’t miss this rare opportunity to acquire a fully leased industrial condo warehouse located in the heart of Doral, Florida. Ideal for passive investors, the property is being sold with a brand-new 5-year lease in place, generating steady and predictable rental income from day one. Must see this fully functional and updated flex warehouse/office condo in the heart of Doral. Located at 7311 NW 12th St, Unit 29, this ±3,398 Sq.Ft. property is part of the Doral Flex II Condominium and offers an ideal space for light manufacturing, logistics, or distribution operations. The tenant is a well-established business with a signed lease starting August 1, 2025, including 5% annual rent increases. The lease structure offers long-term stability and income growth, making it an attractive investment for those seeking reliable returns in a high-demand industrial submarket. Key investment highlights include: - Base rent starts at $5,500/month with 5% annual increases - Gross annual income: $66,000 in Year 1 - Landlord pays association fees and property taxes - Association Fees: $1,082.71/month - 2024 Real Estate Taxes: $9,876.43/year - Projected Year 1 NOI: $43,131.05 - Asking Price: $1,100,000 - Cap Rate Year 1: ±3.92% This is a turnkey income-producing asset in one of South Florida’s strongest industrial markets—ideal for investors seeking a hands-off, stable return in a high-growth area. The unit is thoughtfully designed with approximately ±1,150 Sq.Ft. of warehouse space (33.84%) and ±2,248 Sq.Ft. of office and support areas (66.16%). The first floor includes a reception/lobby area, one storage room, and a bathroom. The second floor features two offices with cubicles, an IT room, a renovated kitchenette, a closet, an open multi-desk workspace or conference area, and a second bathroom. The warehouse offers two ceiling heights—9’ and 20’, ideal for varied storage or equipment needs—and includes a 10' x 12' electric roll-up bay door, now fully insulated to support the climate-controlled environment. The entire space is air-conditioned by two separate units, and the Twin-T concrete roof provides durability and insulation. Recent upgrades include full renovation of the second floor, new flooring, bright white paint throughout, LED warehouse lighting, and a completely updated kitchenette and bathrooms, providing a professional and clean working environment. The unit comes with four assigned parking spaces and is equipped with 110V and 220V power. A detailed floor plan is available upon request.Please feel free to Email Melissa@TrajanCRE.com or Text (305) 482-1118 to get showing instructions.
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS
AMENITIES
- Security System
- Signage
- Reception
- Storage Space
- Air Conditioning
UTILITIES
- Lighting
- Water
- Sewer
1 UNIT AVAILABLE
Unit 29
| Unit Size | 3,398 SF | Cap Rate | 3.92% |
| Price | $1,526,382 CAD | NOI | $59,849.51 CAD |
| Price Per SF | $449.20 CAD | No. Parking Spaces | 4 |
| Condo Use | Flex | APN/Parcel ID | 30-3035-014-0290 |
| Sale Type | Investment or Owner User |
| Unit Size | 3,398 SF |
| Price | $1,526,382 CAD |
| Price Per SF | $449.20 CAD |
| Condo Use | Flex |
| Sale Type | Investment or Owner User |
| Cap Rate | 3.92% |
| NOI | $59,849.51 CAD |
| No. Parking Spaces | 4 |
| APN/Parcel ID | 30-3035-014-0290 |
DESCRIPTION
Exceptional opportunity to own a flex warehouse/office unit in the highly desirable Doral Flex II Condominium. Offered at $1,100,000 ($323/SF). This is a turnkey income-producing asset in one of South Florida’s strongest industrial markets—ideal for investors seeking a hands-off, stable return in a high-growth area. Located in Doral Flex II Condominium, this flex warehouse/office unit offers a unique blend of industrial and office space in one of Doral's most established and well-connected business communities. This professionally managed condominium provides a secure and functional environment for light manufacturing, logistics, and distribution operations. With easy access to major highways—including the Palmetto Expressway (SR-826), Dolphin Expressway (SR-836), and Florida’s Turnpike—the location is ideal for businesses requiring regional or national reach. The association maintains common areas and covers water and trash services via its monthly fees, offering added convenience and value.
SALE NOTES
Prime Industrial Investment Opportunity – 5-Year Lease in Place
This is a rare opportunity to acquire a fully leased industrial condo warehouse located in the heart of Doral, Florida. Ideal for passive investors, the property is being sold with a brand-new 5-year lease in place, generating steady and predictable rental income from day one.
The tenant is a well-established business with a signed lease starting August 1, 2025, including 5% annual rent increases. The lease structure offers long-term stability and income growth, making it an attractive investment for those seeking reliable returns in a high-demand industrial submarket.
Key investment highlights include:
- Base rent starts at $5,500/month with 5% annual increases
- Gross annual income: $66,000 in Year 1
- Landlord pays association fees and property taxes
- Association Fees: $1,082.71/month
- 2024 Real Estate Taxes: $9,876.43/year
- Projected Year 1 NOI: $43,131.05
- Asking Price: $1,100,000
- Cap Rate Year 1: ±3.92%
This is a turnkey income-producing asset in one of South Florida’s strongest industrial markets—ideal for investors seeking a hands-off, stable return in a high-growth area.
The ±3,398 Sq.Ft. unit includes a fully air-conditioned ±1,150 Sq.Ft. warehouse with 9’ and 20’ ceiling clearances, and ±2,248 Sq.Ft. of renovated office space. Updates include new flooring, fresh paint throughout (including warehouse in bright white), LED lighting, renovated bathrooms and kitchen, and a new insulated electric roll-up door. Functional layout includes 2 floors, 4 assigned parking spaces, 2 bathrooms, and 2 separate A/C units servicing both warehouse and office areas. This unit is perfect for a growing business looking to establish a strong presence in Doral’s prime industrial corridor.
MAJOR TENANT INFORMATION
| TENANT | SF OCCUPIED | LEASE END DATE |
|---|---|---|
| Canopy roofers |
-
|
July 2021
|
| AJ Coulter |
-
|
May 2016
|
| Flat Seal |
-
|
December 2018
|
| Farb Box |
-
|
April 2013
|
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7311 NW 12th St - 7311 NW 12 ST UNIT: 29 Doral, FL 33126
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