Technical
Financial
Distress signals
Property profile

1951 7th Ave Miami, FL 33136

OFF-MARKET
Medical Office Space
Property ID
US19-0543641
291,755 SF 0.56 ac lot Built 2011
Entity Owned 17-yr Hold Free & Clear
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Property summary

AI-generated overview

A six-story office building containing approximately 252,000 rentable square feet. The typical floor plates are approximately 38,500 square feet, and the building is constructed and operated with LEED Gold certification. It is designed with hurricane-resistant features rated to withstand Category 4 winds. Emergency power is supported by a generator with capacity up to approximately 4 watts per square foot, and the property provides 24/7 access via card key. The building includes an on-site conference center totaling approximately 2,000 square feet and has on-site parking. The building has a direct connection to the NAP, and use may be subject to restrictions.

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 2011
Construction METAL FRAME
Total area 291,755 SF
Lot 0.56 ac (24,310 SF)
Zoning code 9600:HOSPITALS
APN 01-3136-035-0350
UPID US19-0543641

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
  • Factory Production Facility
  • Physician
  • Laboratory
  • Hospital
  • Insurance Agency

Location

1951 7th Ave Miami, FL 33136-1104
Miami metro Census 3100 MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$41.30M

Owner & transaction history

since 2009
5 recorded transactions
2009
$15,000
2009
Price N/A
2009
Price N/A
2009
$1.0M
2005
$334,650

Zoning & alternative use

9600:HOSPITALS · Miami, FL

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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