Technical
Financial
Distress signals
Property profile

5859 16th St Miami, FL 33155

OFF-MARKET
Schools
Property ID
US18-8440881
13,511 SF 1.12 ac lot Built 1952
Entity Owned 4-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Schools
Use group COLLEGE, UNIVERSITY, VOC SCHOOL
Year built 1952
Construction CONCRETE
Total area 13,511 SF
Lot 1.12 ac (48,780 SF)
Zoning code 8200:SCHOOLS & CHURCHES
APN 15-4012-000-0060
UPID US18-8440881

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
  • Church
  • High School
  • High School
  • High School

Location

5859 16th St Miami, FL 33155-2104
Miami metro Census 5901 MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$6.35M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$9.12M

Owner & transaction history

since 2022
Last sale
$6.4M
7 recorded transactions
2022
$6.4M
2006
$3.0M
2006
Price N/A
2006
Price N/A
2005
Price N/A
2004
Price N/A
2004
Price N/A

Zoning & alternative use

8200:SCHOOLS & CHURCHES · Miami, FL
Top alternative use upside
Restaurant $10.0M +90.4%
Commercial (general) $10.0M +89.8%
Office building $9.4M +78.2%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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