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Financial
Distress signals
Property profile

8925 SW 148Th St Palmetto Bay, FL 33176

FOR LEASE
Office buildings
Property ID
US19-0385459
25,135 SF 0.92 ac lot Built 1973
Last sale Dec 2025 · $5,000,000
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This two-story, 22,884 square foot Class B office building in Palmetto Bay, Florida, presents a compelling investment opportunity. Located at 8925 SW 148th St, 33176, this multi-tenant property boasts 29 units and 75 parking spaces on a 0.92-acre lot. Currently 77.1% occupied with 23 tenants, the property offers a pro-forma NOI of $526,034 and a pro-forma cap rate of 9.27%. The asking price is $5,675,000 ($247.99/sq ft). Built in 1973, the building recently passed its 50-year…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$80k
Tax billed · 2023
Assessed value$7.01M
Assessed land$4.41M
Assessed improvement$2.61M
Effective rate1.14%

Value estimate

· Oct 2026
$6.76M
$6.08M – $7.44M
Submarket $/SF estimate$7.19M
NOI build-up
Gross scheduled income$1.04M
Vacancy & credit loss−$235k
Operating expenses−$202k
NOI · 1,318,565.22% cap applied$607k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$356/SF
ZIP average, outlier-cleaned · 37 recorded sales of this use type
Observed band · Q1–Q3$284 – $488

Cap rate analysis

How does the asset earn?
1,318,565.22%
$607k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
6100:COMMERCIAL,NEIGHBRHD
JurisdictionDADE

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility11.2
Electrical Service9.3
Watch Repair Shop8.9

Location

8925 SW 148Th St Palmetto Bay, FL 33176
County assessor Recorded deeds · 5 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
9090 87th Ct, Miami, FL 33176-2317 $14,250,000 May 2025 21,677 SF
8895 136th, Miami, FL 33176-5816 $5,400,000 Oct 2024 5,692 SF
11410 Kendall, Miami, FL 33176-1031 $34,750,000 Jun 2024 37,890 SF
9525 Kendall, Miami, FL 33176-1940 $9,811,800 Jun 2023 18,560 SF
10115 107th, Miami, FL 33176-2793 $3,970,000 Mar 2022 18,178 SF
8770 144th, Palmetto Bay, FL 33176-7217 $5,700,000 Nov 2021 9,932 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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