Financial
Distress signals
Property profile

20229 NE 16Th Pl 20229 Miami, FL 33179

FOR SALE
Manufacturing properties
Property ID
US18-0354936
1,640 SF Built 1989
Last sale Sep 2018 · $290,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 7-yr Hold Held for 7 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$4k
Tax billed · 2023
Assessed value$328k
Effective rate1.35%

Value estimate

· Sep 2026
$285k
$257k – $314k
NOI build-up
Gross scheduled income$48k
Vacancy & credit loss−$2k
Operating expenses−$14k
NOI · 644.86% cap applied$32k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$268/SF
Submarket average, outlier-cleaned · 1600 recorded sales of this use type
Observed band · Q1–Q3$182 – $380
Qualifying comparables5

Cap rate analysis

How does the asset earn?
644.86%
$32k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
7300:INDUSTRIAL,HVY MFG
JurisdictionDADE

Location intelligence

Which uses thrive at this corner?
Best fit: Restaurant
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Restaurant62.9
Realty agency45.7
Dental Office45.5

Location

20229 NE 16Th Pl, Unit 20229 Miami, FL 33179
County assessor Recorded deeds · 5 transfers 5 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
20145 16th, Miami, FL 33179-2720 $650,000 Jul 2024 1,510 SF
20225 16th, Miami, FL 33179-2719 $475,000 Jan 2021 1,640 SF
20217 16th, Miami, FL 33179-2719 $487,500 Jan 2021 1,594 SF
20221 16th, Miami, FL 33179-2719 $475,000 Jun 2020 1,640 SF
20237 16th, Miami, FL 33179-2719 $1,250,000 Apr 2019 1,640 SF
20241 16th, Miami, FL 33179-2719 $1,250,000 Apr 2019 1,640 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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