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Property profile & analytics
OFF-MARKET
Office buildings
16921 6th Ave North Miami Beach, FL 33162-2407
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US18-9107088
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1954
Construction
CONCRETE
Total area
1,577 SF
Lot
0.16 ac (7,150 SF)
Zoning code
4800:PLANNED RESID OFFICE
APN
07-2207-014-0260
UPID
US18-9107088
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
by Request
Owner & transaction history
Ajar Holdings LLC · 2 yrs held
Ajar Holdings LLC
since 2024
Last sale
$140,000
7 recorded transactions
Zoning & alternative use
4800:PLANNED RESID OFFICE · North Miami Beach, FL
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$6,479
Tax year 2023
Assessed value
$384,595
Assessed 2023
Previous assessed
$384,595
+0.0% YoY
Effective rate
1.68%
On assessed value
Assessed land
$286,000
Assessed improvement
$98,595
Land market value
$286,000
Improvement market value
$98,595
Total market value
$384,595
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
1,577 SF
Lot
0.16 ac (7,150 SF)
Zoning code
4800:PLANNED RESID OFFICE
APN
07-2207-014-0260
UPID
US18-9107088
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
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
Ajar Holdings LLC
Entity
Mailing address
19 W FLAGER ST 918, MIAMI, FL 33130
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 4, 2024
$405,100
Ajar Holdings LLC
Db Mortgage LLC Et Al
Trust Deed
related
—
Feb 8, 2019
—
Db Mortgage LLC
—
Deed
related
$50,000 · Zodiac Capital LLC
Dec 19, 2018
$100
Db Mortgage LLC
Sheriff Of Dade County|francis,curt
Trustees Deed
related
—
Oct 4, 2016
—
Curt Francis
—
Deed
related
$317,734 · Federal Nat'l Mtg Assn (fnma)
Jun 27, 2008
—
Curt Francis
Francis,curt
Quit Claim Deed
related
—
Jul 16, 2001
$140,000
Curt Francis
Morsello,rosemarie
Grant Deed
$133,000 · New America Ltd
Aug 15, 2000
$125,000
Rosemarie Morsello
Welch,jackie
Grant Deed
$100,000 · New America Ltd
—
—
Db Mortgage LLC
—
Deed Of Trust
related
$50,000 · Zodiac Capital LLC
—
—
Curt Francis
—
Deed Of Trust
related
$32,000 · Rosemarie
—
—
Jackie Welch
—
Deed Of Trust
related
$65,000 · Transatlantic Bank
—
—
Jackie Welch
—
Deed Of Trust
related
$35,000 · Transatlantic Bank
—
—
Curt Francis
—
Loan Modification
related
$317,734 · Federal Nat'l Mtg Assn (fnma)
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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