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    5920 68th St South Miami, FL 33143-3524
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    Property profile & analytics

    5920 68th St, South Miami, FL 33143-3524

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    • Office buildings
    • 5,653 SF
    • 0.34 lot acres
    Off-Market
    Last Sale Aug 4, 2020
    $2,500,000
    Property ID
    US18-1535594
    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.

    Value Estimations
    $2,890,000
    Show details
    Cap Rate Potential
    3.3%
    Office buildings
    Location Intelligence

    Current Use by Public Records

    • Isalis / (Bike/Boat/Book/etc) Store
    • Party City / Party Supply Store / (Bike/Boat/Book/etc) Store
    • Skunk Funk / Big Box & Wholesale Store
    • Carl's Trading Co / Hat Shop
    • Bushka's Kitchen LLC / (Bike/Boat/Book/etc) Store

    Property Details for 5920 68th St

    Year built
    1950
    Construction
    CONCRETE
    Lot size
    0.34 lot acres
    Zone code
    6506:COMMERCIAL
    Property type
    Office buildings
    APN
    09-4025-028-1440
    APU
    940250281440

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Aug 4, 2020 $2,500,000 68th Street Develoment LLC 5920 Crn South LLC Warranty Deed —
    Jun 20, 2008 $875,000 5920 Crn South LLC Berrin Cookie Ents LLC Warranty Deed $1.1M · Mellon United National Bank
    Oct 12, 2000 $150,000 Berrin Cookie Enterprises LLC Berrin,lawrence S & Sheryl J Grant Deed · related —
    Nov 4, 1997 $139,050 Lawrence S Berrin South Miami Bakery INC Grant Deed —
    — — 5920 Crn South LLC — Deed Of Trust · related $110k · Mellon United National Bank

    Value Estimations

    based on Realmo’s proprietary methodology
    • CAP approach

      CAP Return
      Estimation
      6%
      $2,885,000
      6.5%
      $2,660,000
      7%
      $2,470,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $3,820,000
      Market price range: $2.24M - $5.17M
      AI Estimate
      $1,809,000
      Market price range: $391k - $3.44M
    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $3,685,000
      Current use
      RESTAURANT
      $4,190,000
      Change: +14% Conversion: Moderate
      COMMERCIAL (GENERAL)
      $4,180,000
      Change: +13% Conversion: Easy
      AUTO REPAIR, GARAGE
      $3,695,000
      Change: +0% Conversion: Difficult
      RETAIL STORES
      $3,235,000
      Change: -12% Conversion: Moderate

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


    Location Insight

    • Map
    • Local Demand
    City
    South Miami
    County
    Miami-dade
    State
    Florida
    Longitude
    -80.2898
    Latitude
    25.7076
    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
    $38,564
    $730,000
    $1,270,000
    $2,000,000
    -
    $730,000
    $1,270,000
    $2,000,000
    More about this property
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