Technical
Financial
Distress signals
Property profile

161 29th St Miami, FL 33127

OFF-MARKET
Medical Office Space
Property ID
US18-4389886
4,067 SF 0.16 ac lot Built 1972
Entity Owned 2-yr Hold Free & Clear
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Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1972
Construction CONCRETE
Total area 4,067 SF
Lot 0.16 ac (6,900 SF)
Zoning code 6100:COMMERCIAL,NEIGHBRHD
APN 01-3125-028-0550
UPID US18-4389886

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Dental Office
  • Pediatrician Medical Clinic
  • Physician
  • Physician
  • Pharmacy Industrial Manufacturer

Location

161 29th St Miami, FL 33127-3929
Miami metro Census 2600 MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$5.15M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$5.15M

Owner & transaction history

since 2024
Last sale
$5.2M
5 recorded transactions
2024
$5.2M
2021
Price N/A
2021
$1.3M
2008
Price N/A
2007
Price N/A

Zoning & alternative use

6100:COMMERCIAL,NEIGHBRHD · Miami, FL
Top alternative use upside
Retail stores $4.8M +171.1%
Warehouse, storage $4.5M +152.7%
Commercial (general) $4.3M +138.6%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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