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Financial
Distress signals
Property profile

3050 Biscayne Blvd 702 Miami, FL 33137

FOR SALE
Office buildings
Property ID
US18-0241985
90,480 SF 1.36 ac lot Built 2012
Last sale Feb 2010 · $8,000,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 16-yr Hold Held for 16 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property consists of multiple turn-key office spaces within a building fronting Biscayne Boulevard, providing office views toward the boulevard. The building includes ground-floor parking with access for both staff and visitors, and the office areas are configured as built-out, air-conditioned workspaces with natural light, tall windows, and expansive sightlines. The spaces are suited to a range of small to mid-sized professional and service uses, such as law practices, technology firms, design studios, and specialized consulting services.

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?
$248k
Tax billed · 2023
Assessed value$22.29M
Assessed land$22.16M
Assessed improvement$133k
Effective rate1.11%

Value estimate

· Oct 2026
$23.96M
$21.56M – $26.35M
Submarket $/SF estimate$17.07M
NOI build-up
Gross scheduled income$4.07M
Vacancy & credit loss−$611k
Operating expenses−$865k
NOI · 5,768,100.00% cap applied$2.60M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$616/SF
ZIP average, outlier-cleaned · 54 recorded sales of this use type
Observed band · Q1–Q3$306 – $959

Cap rate analysis

How does the asset earn?
5,768,100.00%
$2.60M 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
Laundromat9.7
Shoe Repair8.8
Nursing Home8.3

Location

3050 Biscayne Blvd, Unit 702 Miami, FL 33137
County assessor Recorded deeds · 9 transfers Qualifying comp sales · not on file 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 · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
112 41st, Miami, FL 33137-3526 $72,500,000 Feb 2026 84,748 SF
2800 Biscayne, Miami, FL 33137-4528 $1,880,000 Dec 2024 80,660 SF
23 41st, Miami, FL 33137-3513 $24,550,000 Jul 2024 30,765 SF
2650 Biscayne, Miami, FL 33137-4531 $9,261,800 May 2024 13,781 SF
3704 2nd, Miami, FL 33137-3618 $272,000 Apr 2024 19,819 SF
3801 Biscayne, Miami, FL 33137-9800 $2,500,000 Mar 2024 45,868 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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