5050 Biscayne Blvd Miami, FL 33137-3203
Entity Owned
18-yr Hold
~
Est. High Equity
Estimated value (blended)
$2.32M
Range $2.08M – $2.55M (±10%)
Property ID
US18-3224464
Property summary
AI-generated overview
This exceptional 1,205 square foot creative office space is situated in the vibrant G&G Plaza, directly on Biscayne Boulevard at 50th Street. The property boasts high visibility and traffic, making it ideal for businesses seeking maximum exposure. Located within a two-story building constructed in 1968, this suite is part of a multi-tenant building with a total of one suite. The space is perfect for a variety of uses, from traditional office settings to showrooms or retail spaces. Ample parking is available for tenants and clients, with a total of 25 spaces provided. Security measures are in place to ensure the safety and security of all occupants. The property is zoned 61/COMME, offering flexibility for various business types. The suite's address is 5050 Biscayne Blvd #203, and its Assessor's Parcel Number (APN) is 01-32-19-028-0010. This is a unique opportunity to secure a well-located, versatile office space in a high-traffic area. The building offers a convenient and accessible location with excellent visibility, making it an attractive option for businesses seeking a prominent presence in a bustling commercial district. Don't miss this chance to establish your business in this desirable location.
Property profile
Verified
Property type
Retail residential properties
Use group
STORES & APARTMENTS
Year built
1968
Construction
CONCRETE
Total area
12,932 SF
Lot
0.51 ac (22,341 SF)
Zoning code
6100:COMMERCIAL,NEIGHBRHD
APN
01-3219-028-0010
UPID
US18-3224464
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Marketing & Advertising Advertising Agency
-
Recording Studio
-
Marketing & Advertising Employment Agency
-
Clothing & Fashion Store
-
Clothing Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.71M
Blend (final)
Blend
$2.32M
Owner & transaction history
since 2008
4 recorded transactions
Zoning & alternative use
6100:COMMERCIAL,NEIGHBRHD · Miami, FL
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
17% off on annual
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 4 comparables with addresses
Sensitivity value band
Source audit · 10 inputs
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Summary
1
Valuation conclusion
Included free
Estimated market value
$2.32M
Value range
$2.08M – $2.55M
±10% around blend
Estimated value / SF
$179 / SF
Confidence
Low
4 county-verified comps
Property data
88
Market benchmarks
100
Comparable evidence
40
$2.08M
blend $2.32M
$2.55M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
12,932 SF
Lot area
0.51 ac
Year built
1968
Stories
2
APN
01-3219-028-0010
Assessed value
$3,356,150
Annual tax
$49,169
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$4.19M
Weighted, 4 comps · low confidence
Evidence
4 found · 4 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
5.4 mi away · 15,070 SF
14.1 mi away · 14,430 SF
22.1 mi away · 13,748 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$2.32M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 60 sales
$3,051
-94%
Submarket 664 sales
$739
-76%
County 734 sales
$674
-73%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $179/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Not available
Market rent
Not available
Actual rent roll
Not available
Tenant leases
Not available
Physical condition
Not inspected
Conversion costs
Not available
Not analyzed due to unavailable source data: tenant leases, physical condition and capital
requirements were not available for this desktop analysis. Cost Approach excluded due to
availability of income evidence.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 4 sales
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$3.36M
Move the market yield to see immediate price impact.
Value / SF
$260
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$211k
$4.23M
$3.02M
$2.35M
$235k
$4.70M
$3.36M
$2.61M
$258k
$5.17M
$3.69M
$2.87M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
4 found
Low confidence · county-verified
Closest comparable
$7.90M
2.5 mi · Sep 2025 · $577/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$49,169
Tax year 2023
Assessed value
$3,356,150
Assessed 2023
Previous assessed
$3,356,150
+0.0% YoY
Effective rate
1.47%
On assessed value
Assessed land
$3,351,150
Assessed improvement
$5,000
Land market value
$3,351,150
Improvement market value
$5,000
Total market value
$3,356,150
Applied tax rate
100.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail residential properties
Use group
STORES & APARTMENTS
Status
Off-Market
Year built
1968
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Stories
2
Total area
12,932 SF
Lot
0.51 ac (22,341 SF)
Zoning code
6100:COMMERCIAL,NEIGHBRHD
APN
01-3219-028-0010
UPID
US18-3224464
Jurisdiction
DADE
Metro division
MIAMI-MIAMI BEACH-KENDALL, FL METROPOLITAN DIVISION
Zoning & alternative use
6100:COMMERCIAL,NEIGHBRHD · Miami, FLZoning 6100:COMMERCIAL,NEIGHBRHD · permitted uses
6100:COMMERCIAL,NEIGHBRHD · Miami, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
1968
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
2
Lot
0.51 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
6100:COMMERCIAL,NEIGHBRHD
Jurisdiction
Miami, FL
Recorded code
6100:COMMERCIAL,NEIGHBRHD
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for 6100:COMMERCIAL,NEIGHBRHD in Miami, FL.
What opens after registration
Zoning profile
2 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
One complete report on every paid plan · 5 · 30 · 100 reports per month.
Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
One complete report on every paid plan · 5 · 30 · 100 reports per month.
Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 5050 Biscayne Blvd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
Full reports are paid
Unlock the full Property Analytics report
Pick a plan to open full owner contacts, all 4 valuations with methodology, the refine flow, comparable adjustments, the foot-traffic deep dive and PDF / CSV export. Cancel anytime.
