Financial
Distress signals
Property profile

401 Palm Dr Florida City, FL 33034

OFF-MARKET
Outlet malls
Property ID
US19-0497304
2,569 SF 0.6 ac lot Built 1949
Last sale Jan 2022 · $675,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This Homestead, Florida retail center offers a compelling investment opportunity. The 2,569 square foot property, situated on a 26,250 square foot lot, comprises six fully occupied units in a single-story building. Built in 1949 and renovated in 2015, the property boasts a 3.75% cap rate and a strong net operating income (NOI) of $52,540. The C-1 zoning allows for diverse uses, including daycare, shopping center, and storefront options. With 16 parking spaces and 100% occupancy, this

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$15k
Tax billed · 2023
Assessed value$715k
Assessed land$578k
Assessed improvement$137k
Effective rate2.16%

Value estimate

· Sep 2026
$585k
$527k – $644k
AI approach$645k
CAP approach$670k
Submarket $/SF estimate$892k

Realmo valuation models over county records and 11 qualifying comparable sales.

Recently sold

What actually traded nearby?
$253/SF
Submarket average, outlier-cleaned · 48 recorded sales of this use type
Observed band · Q1–Q3$166 – $347
Qualifying comparables11

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

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

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm17.1
Realty agency16.0
Plumbing Service9.9

Location

401 Palm Dr Florida City, FL 33034-3396
County assessor Recorded deeds · 14 transfers 11 qualifying comp sales 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 · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
904 Palm, Florida City, FL 33034-3104 $2,562,650 May 2025 9,373 SF
32959 Dixie, Florida City, FL 33034-5641 $1,561,200 Apr 2023 6,000 SF
127 Krome, Florida City, FL 33034-3406 $2,350,000 Nov 2021 8,672 SF
51 3rd, Florida City, FL 33034-3407 $1,600,000 Apr 2020 6,715 SF
450 Davis, Florida City, FL 33034-3215 $1,275,000 Oct 2019 3,341 SF
1205 9th, Florida City, FL 33034-1948 $475,000 Mar 2019 5,996 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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