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Property profile & analytics
OFF-MARKET
Estimated value
$530,000
Theaters & concert halls
10530 57th Ave Pinecrest, FL 33156-4107
Individually Owned
7-yr Hold
Free & Clear
Property ID
US18-4996093
Property profile
Verified
Property type
Theaters & concert halls
Use group
ARENA, CONVENTION CENTER
Year built
1951
Construction
CONCRETE
Total area
3,776 SF
Lot
4.95 ac (215,622 SF)
Zoning code
8000:COMMUNITY FACILITY
APN
20-5012-000-0050
UPID
US18-4996093
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
-
Isalis (Bike/Boat/Book/etc) Store
-
Party City Party Supply Store (Bike/Boat/Book/etc) Store
-
Skunk Funk Big Box & Wholesale Store
-
Carl's Trading Co Hat Shop
-
Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$390k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$673k
Blend (final)
Blend
$530k
Owner & transaction history
Coral Oaks Tennis & Wellness L · 7 yrs held
Coral Oaks Tennis & Wellness L
since 2018
7 recorded transactions
Zoning & alternative use
8000:COMMUNITY FACILITY · Pinecrest, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$650,000
+126.9%
Auto repair, garage
$585,000
+104.0%
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 Pinecrest submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pinecrest 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
$390,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$650,000
Change: +127% · Conversion: Difficult
AUTO REPAIR, GARAGE
$585,000
Change: +104% · Conversion: Difficult
Blend value · Realmo final
$530k
Range $477k – $583k · ±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
$140 / 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
$43,080
Tax year 2023
Assessed value
$2,623,905
Assessed 2023
Previous assessed
$2,626,805
-0.1% YoY
Effective rate
1.64%
On assessed value
Assessed land
$2,156,220
Assessed improvement
$467,685
Land market value
$2,156,220
Improvement market value
$467,685
Total market value
$2,623,905
Applied tax rate
2,000.0000
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
Theaters & concert halls
Use group
ARENA, CONVENTION CENTER
Status
Off-Market
Year built
1951
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Buildings
2
Stories
1
Total area
3,776 SF
Lot
4.95 ac (215,622 SF)
Zoning code
8000:COMMUNITY FACILITY
APN
20-5012-000-0050
UPID
US18-4996093
Jurisdiction
DADE
Metro division
MIAMI-MIAMI BEACH-KENDALL, FL METROPOLITAN DIVISION
Zoning & alternative use
8000:COMMUNITY FACILITY · Pinecrest, FL
Zoning 8000:COMMUNITY FACILITY · permitted uses
8000:COMMUNITY FACILITY · Pinecrest, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Pinecrest. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$650,000
AUTO REPAIR, GARAGE
Est. value
$585,000
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
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
1951
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Lot
4.95 ac
Current owner
From public records · entity-resolved
Coral Oaks Tennis & Wellness L
Individual
Free & Clear · 7 yrs held
Mailing address
10530 SW 57TH AVE, PINECREST, FL 33156-4107
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 31, 2020
—
Coral Oaks Tennis & Wellness L
—
Deed
related
$2,225,000 · Firstbank Florida
Oct 10, 2019
—
Coral Oaks Tennis & Wellness L
—
Deed
related
$1,450,000 · City Nat'l Bk/fl
Jan 30, 2019
—
Coral Oaks Tennis & Wellness L
—
Deed
related
$1,500,000 · City Nat'l Bk/fl
Dec 14, 2018
$2,500,000
Coral Oaks Tennis & Wellness L
Coral Oaks Corp
Warranty Deed
—
—
—
Coral Oaks Tennis & Wellness L
—
Deed Of Trust
related
$1,500,000 · City Nat'l Bk/fl
—
—
Coral Oaks Tennis & Wellness L
—
Deed Of Trust
related
$1,450,000 · City Nat'l Bk/fl
—
—
Coral Oaks Tennis & Wellness L
—
Deed Of Trust
related
$2,225,000 · Firstbank Florida
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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