5040 7th St Miami, FL 33126-3422
Entity Owned
4-yr Hold
~
Est. High Equity
Estimated value (blended)
$17.37M
Range $15.63M – $19.10M (±10%)
Property ID
US18-2814382
Property summary
AI-generated overview
This exceptional nine-story, 104,307 square foot Class A medical and professional office building is located at 5040 NW 7th St, Miami, FL 33126. Built in 1986, the property offers multiple tenancy options with a minimum divisible space of 3,500 square feet and a maximum contiguous space of 6,500 square feet. The building features a recently renovated lobby, on-site and valet parking, and is conveniently located in the Miami Airport Submarket, providing easy access to major roadways including Florida's Turnpike, the Dolphin and Palmetto Expressways, and I-95. Its prime location within a thriving medical hub boasts approximately 150 physician groups within a three-mile radius and seven hospitals within a 25-minute drive. The building enjoys high visibility with over 40,000 vehicles passing daily on NW 7th Street and over 180,000 vehicles daily on the nearby Dolphin Expressway. Building signage is available. This property presents a unique opportunity for medical or professional practices seeking a prestigious and accessible location in Miami. The building includes elevators.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1986
Construction
CONCRETE
Total area
87,654 SF
Lot
1.33 ac (57,935 SF)
Zoning code
6100:COMMERCIAL,NEIGHBRHD
APN
01-4106-127-0010
UPID
US18-2814382
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Home Health Care Service
-
Big Box & Wholesale Store
-
Physician
-
Dental Office
-
(Bike/Boat/Book/etc) Store Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$17.37M
Owner & transaction history
since 2022
Last sale
$18.0M
7 recorded transactions
Zoning & alternative use
6100:COMMERCIAL,NEIGHBRHD · Miami, FL
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 4 comparables with addresses
Sensitivity value band
Source audit · 10 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$17.37M
Value range
$15.63M – $19.10M
±10% around blend
Estimated value / SF
$198 / SF
Confidence
Low
4 county-verified comps
Property data
88
Market benchmarks
100
Comparable evidence
40
$15.63M
blend $17.37M
$19.10M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
87,654 SF
Lot area
1.33 ac
Year built
1986
Stories
9
APN
01-4106-127-0010
Assessed value
$14,400,000
Annual tax
$276,448
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$15.13M
Weighted, 4 comps · low confidence
Evidence
4 found · 4 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
7.3 mi away · 62,456 SF
22.6 mi away · 101,441 SF
23.6 mi away · 69,800 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$17.37M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 18 sales
$537
-63%
Submarket 2091 sales
$682
-71%
County 2270 sales
$649
-69%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $198/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Not available
Market rent
Not available
Actual rent roll
Not available
Tenant leases
Not available
Physical condition
Not inspected
Conversion costs
Not available
Not analyzed due to unavailable source data: tenant leases, physical condition and capital
requirements were not available for this desktop analysis. Cost Approach excluded due to
availability of income evidence.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 4 sales
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
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Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$18.00M
Move the market yield to see immediate price impact.
Value / SF
$205
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$1.13M
$22.68M
$16.20M
$12.60M
$1.26M
$25.20M
$18.00M
$14.00M
$1.39M
$27.72M
$19.80M
$15.40M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
4 found
Low confidence · county-verified
Closest comparable
$26.25M
3.8 mi · Jan 2026 · $239/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$276,448
Tax year 2023
Assessed value
$14,400,000
Assessed 2023
Previous assessed
$14,400,000
+0.0% YoY
Effective rate
1.92%
On assessed value
Assessed land
$4,634,800
Assessed improvement
$9,765,200
Land market value
$4,634,800
Improvement market value
$9,765,200
Total market value
$14,400,000
Applied tax rate
100.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
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
1986
Construction
CONCRETE
Heating
NONE
Cooling
AC.CHILLED WATER
Buildings
2
Stories
9
Total area
87,654 SF
Lot
1.33 ac (57,935 SF)
Zoning code
6100:COMMERCIAL,NEIGHBRHD
APN
01-4106-127-0010
UPID
US18-2814382
Jurisdiction
DADE
Metro division
MIAMI-MIAMI BEACH-KENDALL, FL METROPOLITAN DIVISION
Zoning & alternative use
6100:COMMERCIAL,NEIGHBRHD · Miami, FLZoning 6100:COMMERCIAL,NEIGHBRHD · permitted uses
6100:COMMERCIAL,NEIGHBRHD · Miami, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
1986
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
9
Buildings
2
Lot
1.33 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
6100:COMMERCIAL,NEIGHBRHD
Jurisdiction
Miami, FL
Recorded code
6100:COMMERCIAL,NEIGHBRHD
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for 6100:COMMERCIAL,NEIGHBRHD in Miami, FL.
What opens after registration
Zoning profile
2 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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