Realmo Analytics

Get reports on 50M+ commercial properties in the US. Find and target property leads based on your business goal.

Financial
Distress signals
Property profile

2347 Biscayne Blvd Ru-7 Miami, FL 33137

FOR LEASE
Retail space
Property ID
US18-5981641
2,092 SF 0.98 ac lot Built 2008
Last sale Aug 2017 · $1,150,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 9-yr Hold Held for 9 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

The property is a 640-square-foot office suite located in Miami, Florida (Suite 108) and configured with a modern, fully built-out standard office layout. The interior features two private offices, an open work area sized to accommodate approximately four to five workstations, two conference rooms, a kitchen, and two bathrooms. The suite is designed for small professional teams or client-facing firms, with capacity typically suited to about six to ten people, and is arranged for day-to-day office operations.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$19k
Tax billed · 2023
Assessed value$900k
Effective rate2.10%

Value estimate

· Oct 2026
$880k
$792k – $968k
NOI build-up
Gross scheduled income$11.55M
Vacancy & credit loss−$1.73M
Operating expenses−$2.45M
NOI · 115,920.99% cap applied$7.36M

Realmo valuation models over county records and 13 qualifying comparable sales.

Recently sold

What actually traded nearby?
$625/SF
ZIP average, outlier-cleaned · 40 recorded sales of this use type
Observed band · Q1–Q3$272 – $1,329
Qualifying comparables13

Cap rate analysis

How does the asset earn?
115,920.99%
$7.36M 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?
CEN HI DENS BORDERS CB
JurisdictionDADE

Location intelligence

Which uses thrive at this corner?
Best fit: Laundromat
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Laundromat9.4
Shoe Repair8.8
Nursing Home7.1

Location

2347 Biscayne Blvd, Unit Ru-7 Miami, FL 33137
County assessor Recorded deeds · 7 transfers 13 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
3470 Coast Ave, Miami, FL 33137-3986 $1,200,000 May 2025 2,404 SF
601 23rd, Miami, FL 33137-5062 $220,000 Jan 2025 856 SF
460 28th Stcu1, Miami, FL 33137-5091 $780,000 Jul 2024 1,007 SF
2066 Bayshore Dr, Miami, FL 33137-5124 $4,800,000 Dec 2021 3,396 SF
2395 Biscayne Blvd, Miami, FL 33137 $1,900,000 Jan 2020 4,247 SF
370 24th Stru-1b, Miami, FL 33137-4871 $550,000 May 2019 1,731 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
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?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again