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Property profile & analytics
OFF-MARKET
Estimated value
$3,135,000
Office buildings
9260 Hammocks Blvd Miami, FL 33196-1503
Individually Owned
28-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-3457843
Property summary
AI-generated overview
This exceptional 800-square-foot office space is ideally situated in the desirable Kendall, The Hammocks area. Located on a prime corner lot, this single-tenant property offers abundant natural light, creating a bright and welcoming atmosphere perfect for professionals. The layout includes three individual offices, providing ample space for a small team or individual practitioners. A private bathroom adds to the convenience and privacy of the space. A comfortable waiting area is also included, ensuring a professional and welcoming experience for clients. The property is zoned 6200 and features a single story building with one suite. The APN is 30-59-04-003-0010. This is a fantastic opportunity for businesses seeking a serene and productive work environment in a highly sought-after location. The space is ready for immediate occupancy and offers a unique blend of functionality and comfort. This property presents a rare chance to secure a well-appointed office in a thriving area. Contact us today to schedule a viewing and explore the possibilities.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1980
Construction
CONCRETE
Total area
8,856 SF
Lot
1.9 ac (82,764 SF)
Zoning code
6200:COMMERCIAL,ARTERIAL
APN
30-5904-003-0010
UPID
US18-3457843
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Alma Medical Group Hammocks Medical Group
-
Alicia Rodriguez- Jorge Physician
-
Dr. Francisco Armas Physician
-
Dr. Susana Gonzalez Geriatric Care Provider
-
Juan F Colao Insurance Inc Insurance Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$4.17M
Comparable Approach
Comparable
$2.18M
Blend (final)
Blend
$3.14M
Owner & transaction history
9260-90inc
9260-90inc
2 recorded transactions
Zoning & alternative use
6200:COMMERCIAL,ARTERIAL · Miami, FL
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Miami submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Miami submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$4,515,000
6.5%
$4,170,000
7%
$3,870,000
Alternative Use
Use
Estimation
RETAIL STORES
$5,065,000
Change: -16% · Conversion: Moderate
Blend value · Realmo final
$3.14M
Range $2.82M – $3.45M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$354 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$39,956
Tax year 2023
Assessed value
$2,300,000
Assessed 2023
Previous assessed
$2,240,000
+2.7% YoY
Effective rate
1.74%
On assessed value
Assessed land
$1,986,336
Assessed improvement
$313,664
Land market value
$1,986,336
Improvement market value
$313,664
Total market value
$2,300,000
Applied tax rate
3,000.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1980
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Buildings
4
Stories
1
Total area
8,856 SF
Lot
1.9 ac (82,764 SF)
Zoning code
6200:COMMERCIAL,ARTERIAL
APN
30-5904-003-0010
UPID
US18-3457843
Jurisdiction
DADE
Metro division
MIAMI-MIAMI BEACH-KENDALL, FL METROPOLITAN DIVISION
Zoning & alternative use
6200:COMMERCIAL,ARTERIAL · Miami, FLZoning 6200:COMMERCIAL,ARTERIAL · permitted uses
6200:COMMERCIAL,ARTERIAL · Miami, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Planning and Zoning
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES
Est. value
$5.1M
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1980
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Buildings
4
Lot
1.9 ac
Current owner
From public records · entity-resolved
9260-90inc
Individual
Mailing address
9290 SW 150TH AVE402A, MIAMI, FL 33196
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
—
—
9260-90inc
—
Deed Of Trust
related
$900,000 · Suntrust Bank Miami NA
—
—
9260-90 INC
—
Deed Of Trust
related
$1,030,000 · Paulino Espinel
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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