Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    13160 6Th St Miami, FL 33144

    • Land
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 13160 6Th St

    Property type
    Land

    Description

    This exceptional offering presents a unique opportunity to acquire two residential lots in the desirable Miami, Florida area. Located at 13160 SW 6th St, Miami, FL 33144, this property boasts a combined parcel identified by APN numbers 3049020420020 and 3049020420010. The land is zoned for residential use, permitting the construction of homes. Importantly, building permit approval is already in place, significantly streamlining the development process and saving considerable time and expense for the buyer. The asking price for this combined parcel is $1,400,000. Situated in Miami-Dade County, this property enjoys a spectacular location, a rarity in the current market. The address is officially listed as 13160 SW 6th St, though marketing materials mention 33184 as the zip code. This discrepancy should be independently verified. This is an ideal opportunity for developers or investors seeking a prime residential development site in a highly sought-after Miami neighborhood. The convenience of having building permit approval already secured makes this a truly exceptional investment prospect. Don't miss this chance to acquire this rare and valuable property.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.409
    Latitude
    25.7619

    Comparable in this City

    • Value Estimation by Request

      1350 Red Rd

      Multifamily properties
      1350 Red Rd, Miami, FL 33144
      View Details
    • Value Estimation by Request

      50 Flagami Blvd

      Multifamily properties
      50 Flagami Blvd, Miami, FL 33144
      View Details
    • Value Estimation by Request

      526 64Th Ave

      Multifamily properties
      526 64Th Ave, Miami, FL 33144
      View Details
    • Value Estimation by Request

      8062 Grand Canal Dr

      Multifamily properties
      8062 Grand Canal Dr, Miami, FL 33144
      View Details
    • Value Estimation by Request
      0.22 Acres

      902 75th Ave

      VACANT COMMERCIAL LAND • 0.22 Acres
      902 75th Ave, Miami, FL 33144
      View Details
    • Value Estimation by Request
      0.08 Acres

      1205 78th Ct

      VACANT COMMERCIAL LAND • 150 SF
      1205 78th Ct, Miami, FL 33144-4309
      View Details

    Similar Nearby for Sale

    • $875,000

      Prime Miami Medical Office Building

      Two Units, 4,084 SF, $875,000
      1350 Red Rd, Miami, FL 33144
      View Details
    • $5,950,000

      Mixed-Use Property in Opportunity Zone

      15-unit mixed-use property with modern amenities and prime location.
      6001 W Flagler St, Miami, FL 33144
      View Details
    • New
      $850,000
      0.30 Acres

      Miami Land Value Opportunity

      Residential land with redevelopment potential in a prime Miami location.
      8490 Grand Canal Dr, Miami, FL 33144
      View Details
    • $1,100,000

      Miami Commercial Lot For Sale

      6,750 SF lot with high-demand uses and development potential.
      7335 W Flagler St, Miami, FL 33144
      View Details
    • $125,000

      Prime Miami Retail Business Opportunity

      Established Smoke Shop, Inventory Included
      0 8Th St, Miami, FL 33144
      View Details
    • $80,000

      Flagler Street Beauty Salon

      Established beauty salon with high foot traffic and low rent.
      6450 W Flagler St, Miami, FL 33144
      View Details

    Similar Nearby for Lease

    • $3,600 /Mo

      West Miami Duplex For Rent

      Spacious 3-bedroom, 2-bath duplex in West Miami available for rent.
      1020 SW 74Th Ave, Miami, FL 33144
      View Details
    • $2,080 /Mo

      Miami Multifamily Rental Opportunity

      Centrally located Miami multifamily property available for long or short-term rental.
      5911 SW 62Nd St, Miami, FL 33144
      View Details
    • $2,600 /Mo

      Spacious 2-Bedroom Duplex Rental

      Duplex featuring a split floor plan; all utilities included.
      934 SW 75Th Ave, Miami, FL 33144
      View Details
    • $2,900 /Mo

      Remodeled Duplex in Desirable Location

      Updated duplex with modern finishes, generous backyard, and prime location.
      8101 SW 4Th St, Miami, FL 33144
      View Details
    • $3,000 /Mo

      Spacious Home Near Palmetto Expressway

      3-bedroom, 2-bathroom home near shopping, airport, and expressway.
      7880 Grand Canal Dr, Miami, FL 33144
      View Details
    • $2,000 /Mo

      Remodeled Duplex Unit For Rent

      Recently remodeled 2-bed, 1-bath duplex unit available for rent.
      380 Tamiami Canal Rd, Miami, FL 33144
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    13160 6Th St
    Miami, FL 33144
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.