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Property profile & analytics
OFF-MARKET
Estimated value
$3,065,000
Grocery and convenience stores
5700 2nd Ave Miami, FL 33127-1608
Trust Owned
16-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-3638199
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1956
Construction
CONCRETE
Total area
11,931 SF
Lot
0.38 ac (16,378 SF)
Zoning code
6107:RESID-MEDIUM RETAIL
APN
01-3113-048-0210
UPID
US18-3638199
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
Current use
Occupant on record · Public records
-
Western Union Bank Credit Union
-
Total Cafeteria Express Restaurant
-
ATM Atm
-
Total Supermarket Grocery & Convenience Store Food Market
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.07M
Owner & transaction history
Beade Caridad Family Trust · 16 yrs held
Beade Caridad Family Trust
since 2010
2 recorded transactions
Zoning & alternative use
6107:RESID-MEDIUM RETAIL · Miami, 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 submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Miami 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$257 / 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
$16,224
Tax year 2023
Assessed value
$1,182,000
Assessed 2023
Previous assessed
$1,005,300
+17.6% YoY
Effective rate
1.37%
On assessed value
Assessed land
$818,900
Assessed improvement
$363,100
Land market value
$818,900
Improvement market value
$363,100
Total market value
$1,182,000
Applied tax rate
100.0000
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
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
1956
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Stories
1
Total area
11,931 SF
Lot
0.38 ac (16,378 SF)
Zoning code
6107:RESID-MEDIUM RETAIL
APN
01-3113-048-0210
UPID
US18-3638199
Jurisdiction
DADE
Metro division
MIAMI-MIAMI BEACH-KENDALL, FL METROPOLITAN DIVISION
Zoning & alternative use
6107:RESID-MEDIUM RETAIL · Miami, FL
Zoning 6107:RESID-MEDIUM RETAIL · permitted uses
6107:RESID-MEDIUM RETAIL · Miami, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Miami. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1956
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.38 ac
Current owner
From public records · entity-resolved
Beade Caridad Family Trust
Trust
Mailing address
4591 NW 9TH ST STE 32A, MIAMI, FL 33126-2324
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2010
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 14, 2010
—
Beade Caridad Family Trust
Beade Caridad Trust
Quit Claim Deed
related
$660,000 · Biscayne Bank
Dec 10, 2007
—
Beade Caridad Trust
Beade,caridad
Quit Claim Deed
related
—
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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