Financial
Distress signals
Property profile

516 NW 57Th Ave 205 Miami, FL 33126

FOR SALE
Office buildings
Property ID
US18-3790488
5,788 SF 0.22 ac lot Built 1974
Last sale Mar 2019 · $1,445,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 7-yr Hold Held for 7 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This property is a shopping center configured for both retail and office use, consisting of 14 total units. The ground floor includes five retail store spaces, while the second floor is arranged with nine office units. The building has completed a 40-year recertification, indicating that structural and safety compliance items associated with that recertification process were addressed. The center is located on a high-traffic corridor and is approximately five minutes from Miami International Airport, with frontage positioned to benefit from regular vehicular flow.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$24k
Tax billed · 2023
Assessed value$1.15M
Assessed land$683k
Assessed improvement$467k
Effective rate2.06%

Value estimate

· Oct 2026
$1.61M
$1.44M – $1.77M
NOI build-up
Gross scheduled income$260k
Vacancy & credit loss−$39k
Operating expenses−$55k
NOI · 20,781.35% cap applied$166k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$537/SF
ZIP average, outlier-cleaned · 18 recorded sales of this use type
Observed band · Q1–Q3$277 – $760

Cap rate analysis

How does the asset earn?
20,781.35%
$166k 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?
6101
JurisdictionDADE

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility14.3
Gym & Fitness12.7
Acupuncture11.4

Location

516 NW 57Th Ave, Unit 205 Miami, FL 33126
County assessor Recorded deeds · 4 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
4630 7th, Miami, FL 33126-2309 $915,000 Feb 2024 1,985 SF
4620 7th, Miami, FL 33126-2309 $900,000 Feb 2024 1,334 SF
5990 7th, Miami, FL 33126 $60,000,000 May 2022 8,000 SF
1250 57th, Miami, FL 33126-2012 $4,250,000 Dec 2021 20,000 SF
242 42nd, Miami, FL 33126-5488 $3,000,000 Mar 2021 24,880 SF
256 42nd, Miami, FL 33126-5452 $660,000 Nov 2019 1,672 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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