Property profile

405 Palm Bch Rd South Bay, FL 33493

OFF-MARKET
Commercial land
Property ID
US18-3971965
2,034 SF 0.18 ac lot Built 1953
Entity Owned 2-yr Hold Free & Clear
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Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Year built 1953
Total area 2,034 SF
Lot 0.18 ac (7,688 SF)
Zoning code B-1
APN 58-36-44-14-07-000-0010
UPID US18-3971965

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

405 Palm Bch Rd South Bay, FL 33493-2105
South Bay metro Census 8302 MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$155k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$110k

Owner & transaction history

since 2023
Last sale
$115,000
3 recorded transactions
2023
Price N/A
2002
$115,000
2002
Price N/A

Zoning & alternative use

B-1 · South Bay, 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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