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Property profile & analytics
OFF-MARKET
Estimated value
$3,100,000
Office buildings
4100 Pne Tree Dr, Miami Beach, FL 33140
Entity Owned
2-yr Hold
Free & Clear
Property ID
US18-6184485
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1963
Construction
CONCRETE
Total area
39,638 SF
Lot
0.28 ac (12,312 SF)
Zoning code
6600:COMMERCIAL,LIBERAL
APN
02-3222-001-0370
UPID
US18-6184485
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.10M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.10M
Owner & transaction history
Jp Roosevelt Office LLC · 2 yrs held
Jp Roosevelt Office LLC
since 2024
Last sale
$3.1M
7 recorded transactions
Zoning & alternative use
6600:COMMERCIAL,LIBERAL · Miami Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Miami Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Miami Beach submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$3,100,000
ML approach
$3,100,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$3.10M
Range $2.79M – $3.41M · ±10% · vs last sale $3.10M (Jun 11 2024)
Last sale anchor
$3.10M
Jun 11 2024
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$78 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$184,893
Tax year 2023
Assessed value
$10,400,000
Assessed 2023
Previous assessed
$10,180,000
+2.2% YoY
Effective rate
1.78%
On assessed value
Assessed land
$5,232,600
Assessed improvement
$5,167,400
Land market value
$5,232,600
Improvement market value
$5,167,400
Total market value
$10,400,000
Applied tax rate
200.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
Off-Market
Year built
1963
Construction
CONCRETE
Heating
NONE
Cooling
AC.CHILLED WATER
Stories
6
Total area
39,638 SF
Lot
0.28 ac (12,312 SF)
Zoning code
6600:COMMERCIAL,LIBERAL
APN
02-3222-001-0370
UPID
US18-6184485
Jurisdiction
DADE
Metro division
MIAMI-MIAMI BEACH-KENDALL, FL METROPOLITAN DIVISION
Zoning & alternative use
6600:COMMERCIAL,LIBERAL · Miami Beach, FL
Zoning 6600:COMMERCIAL,LIBERAL · permitted uses
6600:COMMERCIAL,LIBERAL · Miami Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Miami Beach. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1963
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
6
Lot
0.28 ac
Current owner
From public records · entity-resolved
Jp Roosevelt Office LLC
Entity
Free & Clear · 2 yrs held
Mailing address
1 W PENN PLZ STE #2527, NEW YORK, NY 10119-2532
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 11, 2024
$12,000,000
Jp Roosevelt Office LLC
Jp Roosevelt LLC
Quit Claim Deed
related
—
Jan 2, 2024
—
Jp Roosevelt LLC
—
Deed
related
$12,000,000 · Bcc Arthur Godfrey LLC
Jul 27, 2021
—
Jp Roosevelt LLC
—
Deed
related
$12,000,000 · Bcc Arthur Godfrey LLC
Oct 13, 2020
—
Jp Roosevelt LLC
—
Deed
related
$18,000,000 · Thorofare Asset Based Lndg Rei
Jul 5, 2017
—
Jp Roosevelt LLC
—
Deed
related
$16,500,000 · Roc Debt Strategies II Mtg Cap
Feb 14, 2017
$3,100,000
Jp Roosevelt LLC
Caton Owner LLC
Special Warranty Deed
—
Aug 7, 2015
$21,000,000
Caton Owner LLC
Netz Bonds Miami Hsbc LLC
Special Warranty Deed
$13,000,000 · Centennial Bank
Mar 27, 2013
—
Netz Bonds Miami-hsbc LLC
Cabi 301 Commerical Lllp
Warranty Deed
$10,650,000 · Bancorp Bank
Jan 25, 2011
—
Cabi 301 Residential Lllp Lllp
Trust 2401-2613-00
Grant Deed
—
Mar 22, 2006
$16,500,000
Trust 2401-2613-00
Ftp Investment Corp
Grant Deed
$15,000,000 · Mellon United National Bank
Mar 22, 2006
—
Trust 2401-2613-00
South Beach Intl Invs INC
Grant Deed
—
May 8, 2000
$5,971,900
Ftp Investment Corp
First Republic Corp Of America
Grant Deed
—
—
—
Jp Roosevelt LLC
—
Loan Modification
related
$16,500,000 · Roc Debt Strategies II Mtg Cap
—
—
Jp Roosevelt LLC
—
Loan Modification
related
$18,000,000 · Thorofare Asset Based Lndg Rei
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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