Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$595,000
Office buildings
17011 6th Ave North Miami Beach, FL 33162-2408
Entity Owned
1-yr Hold
Free & Clear
Property ID
US18-4442057
Property summary
AI-generated overview
This 1308 square foot office building at 17011 NE 6th Ave, North Miami Beach, FL 33162, is offered at $569,000. Built in 1954, the single-building property boasts a recently updated roof (installed 3 years ago) and air conditioning system (2020 installation). The functional layout includes four private offices, providing ample space for individual work, and open workspaces that foster collaboration. Additional features enhance the workspace, including a convenient kitchenette, a dedicated storage room, and on-site parking for staff and clients. A welcoming reception/lobby area creates a positive first impression. The property's location in the heart of North Miami Beach offers easy access to major highways, public transportation, and a variety of nearby amenities such as restaurants, banks, and retail establishments. This strategic location ensures convenient commuting for employees and clients alike. The building's flexible space is ideal for a range of business types, making it a versatile and attractive investment opportunity. Warranties for recent upgrades are available upon request.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1954
Construction
CONCRETE
Total area
1,308 SF
Lot
0.16 ac (7,150 SF)
Zoning code
4800:PLANNED RESID OFFICE
APN
07-2207-014-1250
UPID
US18-4442057
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
$615k
Comparable Approach
Comparable
$616k
Blend (final)
Blend
$595k
Owner & transaction history
Rmms LLC · 1 yrs held
Rmms LLC
since 2024
Last sale
$571,800
5 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)
$965,000
+124.8%
Auto repair, garage
$855,000
+98.8%
Retail stores
$610,000
+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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$665,000
6.5%
$615,000
7%
$570,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$430,000
Current use
COMMERCIAL (GENERAL)
$965,000
Change: +125% · Conversion: Easy
AUTO REPAIR, GARAGE
$855,000
Change: +99% · Conversion: Difficult
RETAIL STORES
$610,000
Change: +42% · Conversion: Moderate
MEDICAL BUILDING
$575,000
Change: +34% · Conversion: Easy
WAREHOUSE, STORAGE
$390,000
Change: -10% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$370,000
Change: -14% · Conversion: Difficult
Blend value · Realmo final
$595k
Range $536k – $655k · ±10% · vs last sale $572k (Aug 1 2024)
Last sale anchor
$572k
Aug 1 2024
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
$455 / 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
$6,958
Tax year 2023
Assessed value
$404,663
Assessed 2023
Previous assessed
$263,099
+53.8% YoY
Effective rate
1.72%
On assessed value
Assessed land
$286,000
Assessed improvement
$118,663
Land market value
$286,000
Improvement market value
$118,663
Total market value
$404,663
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
1,308 SF
Lot
0.16 ac (7,150 SF)
Zoning code
4800:PLANNED RESID OFFICE
APN
07-2207-014-1250
UPID
US18-4442057
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
OFFICE BUILDING Current
Est. value
$430,000
COMMERCIAL (GENERAL)
Est. value
$965,000
AUTO REPAIR, GARAGE
Est. value
$855,000
RETAIL STORES
Est. value
$610,000
MEDICAL BUILDING
Est. value
$575,000
WAREHOUSE, STORAGE
Est. value
$390,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$370,000
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
RETAIL STORES
MEDICAL BUILDING
WAREHOUSE, STORAGE
NEIGHBORHOOD: SHOPPING CENTER
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
Rmms LLC
Entity
Free & Clear · 1 yrs held
Mailing address
17011 NE 6TH AVE, NORTH MIAMI BEACH, FL 33162-2408
Mailing matches property
Yes
Owner-occupied
Yes
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 1, 2024
$571,800
Rmms LLC
Specialized Nursing Services INC
Warranty Deed
—
Dec 15, 2005
—
Coastal Personal Hm Care Svcs
Kellier,nicole A
Grant Deed
$834,000 · Community South Bank
Oct 17, 2003
$200,000
Coastal Home Care Services INC
Kellier,nicole A
Grant Deed
$600,000 · Cit Small Business Lending Co
Mar 12, 1998
$74,000
Nicole A Kellier
Olshina,leila
Grant Deed
$59,700 · Nationsbank
—
—
Coastal Personal Hm Care Svcs
—
Deed Of Trust
related
$100,000 · Jane Makropolo
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 17011 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.
