Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$925,000
Office buildings
16751 6th Ave North Miami Beach, FL 33162-2409
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-1741350
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1954
Construction
CONCRETE
Total area
1,652 SF
Lot
0.16 ac (7,150 SF)
Zoning code
4800:PLANNED RESID OFFICE
APN
07-2207-014-0330
UPID
US18-1741350
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
$1.12M
CAP Approach
CAP
$780k
Comparable Approach
Comparable
$645k
Blend (final)
Blend
$925k
Owner & transaction history
Dove Medical Centers LLC · 4 yrs held
Dove Medical Centers LLC
since 2021
Last sale
$900,000
7 recorded transactions
Zoning & alternative use
4800:PLANNED RESID OFFICE · North Miami Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
Official NMB Zoning Map
Top alternative use upside
Commercial (general)
$1.2M
+124.8%
Auto repair, garage
$1.1M
+98.8%
Retail stores
$770,000
+41.9%
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
$1,200,000
ML approach
$1,120,000
CAP Approach
CAP Return
Estimation
6%
$845,000
6.5%
$780,000
7%
$720,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,220,000
Change: +125% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,080,000
Change: +99% · Conversion: Difficult
RETAIL STORES
$770,000
Change: +42% · Conversion: Moderate
MEDICAL BUILDING
$725,000
Change: +34% · Conversion: Easy
Blend value · Realmo final
$925k
Range $833k – $1.02M · ±10% · vs last sale $900k (Oct 21 2021)
Last sale anchor
$900k
Oct 21 2021
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
$560 / 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
$6,694
Tax year 2023
Assessed value
$395,106
Assessed 2023
Previous assessed
$395,106
+0.0% YoY
Effective rate
1.69%
On assessed value
Assessed land
$286,000
Assessed improvement
$109,106
Land market value
$286,000
Improvement market value
$109,106
Total market value
$395,106
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1954
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Stories
1
Total area
1,652 SF
Lot
0.16 ac (7,150 SF)
Zoning code
4800:PLANNED RESID OFFICE
APN
07-2207-014-0330
UPID
US18-1741350
Jurisdiction
DADE
Metro division
MIAMI-MIAMI BEACH-KENDALL, FL METROPOLITAN DIVISION
Zoning & alternative use
4800:PLANNED RESID OFFICE · North Miami Beach, FLZoning 4800:PLANNED RESID OFFICE · permitted uses
4800:PLANNED RESID OFFICE · North Miami Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Official NMB Zoning Map
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$1.2M
AUTO REPAIR, GARAGE
Est. value
$1.1M
RETAIL STORES
Est. value
$770,000
MEDICAL BUILDING
Est. value
$725,000
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
RETAIL STORES
MEDICAL BUILDING
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
1954
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.16 ac
Current owner
From public records · entity-resolved
Dove Medical Centers LLC
Entity
Mailing address
2901 W OAKLAND PARK BLVD, OAKLAND PARK, FL 33311-1243
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 21, 2021
$900,000
Dove Medical Centers LLC
Dominique S Cherqui
Warranty Deed
—
Jan 27, 2011
—
Dominique Cherqui
Kimberly Clark
Other
—
Jan 6, 2011
$164,100
Dominique L Cherqui
Ckark,kimberly Coc
Trustees Deed
—
Jun 7, 2005
—
Kimberly Clark
Abell,ray
Quit Claim Deed
related
—
—
—
Kimberly Clark
—
Deed Of Trust
related
$65,000 · Lewin D (te)
—
—
Kimberly Clark
—
Deed Of Trust
related
$150,000 · Lewin D (te)
—
—
Kimberly Clark
—
Deed Of Trust
related
$270,000 · Liberty Consulting LLC
—
—
Kimberly Clark
—
Deed Of Trust
related
$400,000 · Dominique Cherqui
—
—
Kimberly Clark
—
Deed Of Trust
related
$231,007 · Patricia Burkhart
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 16751 6th Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
