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Financial
Distress signals
Property profile

11720 2nd Ave Miami, FL 33161

OFF-MARKET
Drive through restaurants
Property ID
US18-1544468
3,996 SF 0.43 ac lot Built 1956
Last sale Dec 2024 · $3,000,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a hard-corner commercial land development site suitable for ground-up construction. It is described as approximately one acre and includes multiple points of ingress and egress. The parcel’s configuration is intended to support a mixed-use development with up to 25 residential units and seven retail units, including restaurant use. The site is located near a university and is positioned to accommodate both residential and retail components within a single hard-corner site plan; additional project-specific details were not provided in the listing.

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?
$11k
Tax billed · 2023
Assessed value$771k
Assessed land$563k
Assessed improvement$208k
Effective rate1.49%

Value estimate

· Oct 2026
$3.00M
$2.70M – $3.30M
AI approach$3.00M

Realmo valuation models over county records and 14 qualifying comparable sales.

Recently sold

What actually traded nearby?
$742/SF
Submarket average, outlier-cleaned · 134 recorded sales of this use type
Observed band · Q1–Q3$362 – $1,321
Qualifying comparables14

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?
6400:COMMERCIAL,CENTRAL
JurisdictionDADE

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency40.2
Law Firm31.9
Dental Office25.8

Location

11720 2nd Ave Miami, FL 33161-6106
County assessor Recorded deeds · 4 transfers 14 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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
12955 Dixie, Miami, FL 33161 $1,550,000 Dec 2025 2,726 SF
13870 Dixie, North Miami, FL 33161-3343 $210,000 Dec 2023 4,578 SF
10801 13th, Miami, FL 33161-7416 $330,000 Aug 2023 4,000 SF
13695 Dixie, North Miami, FL 33161-3829 $1,500,000 Jul 2023 3,049 SF
11005 6th, Miami, FL 33161-7135 $2,200,000 Jun 2023 5,314 SF
12327 6th, North Miami, FL 33161-5513 $1,100,000 Dec 2022 3,646 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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