Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    4200 89th Ave Miami, FL 33165-5336

    • Schools
    • 3,295 SF
    • 11.83 lot acres
    OFF-MARKET
    Value Estimations
    $515,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US18-5103882
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Miami Prime Catering / Catering Service / Take-out & Catering
    • Manuel Penton / Gym & Fitness Center

    Property Details for 4200 89th Ave

    Year built
    1956
    Construction
    CONCRETE
    Lot size
    11.83 lot acres
    Property size
    3,295 SF
    Zone code
    0100:SINGLE FAM,GENERAL
    Property type
    Schools
    APN
    30-4021-000-0290
    APU
    3040210000290

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $685,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $345,000
      Market price range: $96.5k - $346k

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-dade
    State
    Florida
    Longitude
    -80.3407
    Latitude
    25.7299
    CBSA code
    33100
    CBSA name
    MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $334
    $5,916,000
    $9,890,611
    $15,806,611
    -
    $5,916,000
    $9,890,611
    $15,806,611

    Comparable in this City

    • Value Estimation
      $510,000
      8,555 SF

      3800 108th Ave

      COLLEGE, UNIVERSITY, VOC SCHOOL • 8,555 SF
      3800 108th Ave, Miami, FL 33165-4423
      View Details
    • Value Estimation by Request
      2,232 SF

      10370 40th St

      COLLEGE, UNIVERSITY, VOC SCHOOL • 2,232 SF
      10370 40th St, Miami, FL 33165-4575
      View Details
    • Value Estimation by Request
      3,708 SF

      3700 107th Ave

      COLLEGE, UNIVERSITY, VOC SCHOOL • 3,708 SF
      3700 107th Ave, Miami, FL 33165-3639
      View Details
    • Value Estimation
      $1,955,000
      25,442 SF

      5400 102nd Ave

      COLLEGE, UNIVERSITY, VOC SCHOOL • 25,442 SF
      5400 102nd Ave, Miami, FL 33165-7100
      View Details
    • Value Estimation by Request
      11,559 SF

      4201 92nd Ave

      COLLEGE, UNIVERSITY, VOC SCHOOL • 11,559 SF
      4201 92nd Ave, Miami, FL 33165-5213
      View Details
    • Value Estimation
      $1,060,000
      15,100 SF

      4301 107th Ave

      COLLEGE, UNIVERSITY, VOC SCHOOL • 15,100 SF
      4301 107th Ave, Miami, FL 33165-4802
      View Details

    Similar Nearby for Sale

    • $250,000

      Established Daycare Business Opportunity

      Profitable daycare business for sale with active license.
      30xx Miami Ave, Miami, FL 33165
      View Details
    • $1,999,900

      Miami Catering Business Opportunity

      Catering business opportunity in Miami, suitable for commercial kitchen use.
      Miami, FL 33165
      View Details
    • $5,725,000

      Miami Mixed-Use Development Opportunity

      Prime Miami location, 41,873 sq ft lot, development-ready.
      2801 102Nd St, Miami, FL 33165
      View Details
    • $874,900

      Westchester Remodeled Duplex For Sale

      Fully remodeled duplex in Westchester, great investment opportunity.
      3481 SW 87Th Ct, Miami, FL 33165
      View Details
    • $240,000

      Profitable Miami Commercial Printing Business

      Established commercial printing business for sale in Miami, Florida.
      Commercial Printing Business For Sale, Miami, FL 33165
      View Details
    • $1,450,000

      Modern Duplex with Master Suites

      Spacious duplex featuring master suites, balconies, and dedicated parking.
      3620 SW 94Th Ave, Miami, FL 33165
      View Details

    Similar Nearby for Lease

    • $18 SF/Yr
      5,000 SF

      Prime Church Property - Turnkey Ready

      Spacious Sanctuary, Ample Parking, Central Location
      9850 24Th St, Miami, FL 33165
      View Details
    • $0.10 SF/Yr
      4,752 SF

      Westchester Office Building For Sale

      Prime two-story office, 4,752 sq ft.
      3701 87Th Ave, Miami, FL 33165
      View Details
    • Contact for pricing
      36,361 SF

      Jack's Shopping Center: Bird Road Retail

      Prime Bird Road Retail Space Available
      9898 40Th St, Miami, FL 33165
      View Details
    • Contact for pricing
      2,000 SF

      Doral Two-Story Office Building

      Well-maintained Doral office building with flexible space for rent.
      9300 NW 25Th St, Doral, FL 33165
      View Details
    • $132 SF/Yr
      858 SF

      Bird Road Retail Opportunity

      Prime Miami location, 858 sq ft restaurant space
      10737 40Th St, Miami, FL 33165
      View Details
    • $42 SF/Yr
      750 SF

      Bird Road Retail Space for Lease

      750 sq ft, renovated, prime location
      10511 40Th St, Miami, FL 33165
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    4200 89th Ave
    Miami, FL 33165-5336
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    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
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.