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Property profile & analytics
OFF-MARKET
Estimated value
$3,745,000
Community centers
13720 Biscayne Blvd North Miami Beach, FL 33181-1620
Entity Owned
31-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-5524493
Property summary
AI-generated overview
This exceptional North Miami Beach storefront, located at 13720 Biscayne Blvd, presents a compelling value-add investment opportunity. The 880-square-foot property, built in 1977 and extensively renovated in 2024, boasts a 100% occupancy rate with a single tenant under a gross lease agreement expiring January 31, 2027 (2 years remaining). The current tenant, a credit-rated business, generates a substantial net operating income (NOI) of $45,000, resulting in an attractive 27.27% capitalization rate. The property includes 5 parking spaces and features modern decor, ideal for a beauty studio or similar business. All financial information is readily available for review. This single-story building sits on a 880 square foot lot and is classified as a Class B retail property. The sale is offered as a tenancy in common and is priced at $165,000. This turnkey investment offers a strong income stream with significant upside potential in a high-traffic area with an established clientele. Serious inquiries only.
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1977
Construction
CONCRETE
Total area
11,754 SF
Lot
0.73 ac (31,858 SF)
Zoning code
6400:COMMERCIAL,CENTRAL
APN
07-2221-002-0300
UPID
US18-5524493
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.75M
Owner & transaction history
EDNA BEN-ZVI TRUSTUST
EDNA BEN-ZVI TRUSTUST
Zoning & alternative use
6400:COMMERCIAL,CENTRAL · North Miami Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$5.2M
+54.5%
Retail stores
$3.8M
+14.0%
Warehouse, storage
$3.5M
+4.6%
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 North Miami Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs North Miami Beach 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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$3,340,000
Current use
MEDICAL BUILDING
$5,160,000
Change: +55% · Conversion: Difficult
RETAIL STORES
$3,810,000
Change: +14% · Conversion: Easy
WAREHOUSE, STORAGE
$3,495,000
Change: +5% · Conversion: Difficult
Blend value · Realmo final
$3.75M
Range $3.37M – $4.12M · ±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
$319 / 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
$83,344
Tax year 2023
Assessed value
$5,197,280
Assessed 2023
Previous assessed
$5,197,280
+0.0% YoY
Effective rate
1.60%
On assessed value
Assessed land
$5,097,280
Assessed improvement
$100,000
Land market value
$5,097,280
Improvement market value
$100,000
Total market value
$5,197,280
Applied tax rate
700.0000
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
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
1977
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Stories
1
Total area
11,754 SF
Lot
0.73 ac (31,858 SF)
Zoning code
6400:COMMERCIAL,CENTRAL
APN
07-2221-002-0300
UPID
US18-5524493
Jurisdiction
DADE
Metro division
MIAMI-MIAMI BEACH-KENDALL, FL METROPOLITAN DIVISION
Zoning & alternative use
6400:COMMERCIAL,CENTRAL · North Miami Beach, FL
Zoning 6400:COMMERCIAL,CENTRAL · permitted uses
6400:COMMERCIAL,CENTRAL · North Miami Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
North Miami Beach. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$3.3M
MEDICAL BUILDING
Est. value
$5.2M
RETAIL STORES
Est. value
$3.8M
WAREHOUSE, STORAGE
Est. value
$3.5M
NEIGHBORHOOD: SHOPPING CENTER Current
MEDICAL BUILDING
RETAIL STORES
WAREHOUSE, STORAGE
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
1977
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.73 ac
Current owner
From public records · entity-resolved
EDNA BEN-ZVI TRUSTUST
Individual
Free & Clear · 0 yrs held
Mailing address
836 W DILIDO DR, MIAMI BEACH, FL 33139-1154
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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