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Property profile & analytics
OFF-MARKET
Estimated value
$9,915,000
Office buildings
5960 57th Ave Miami, FL 33143-2345
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US18-1574069
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1945
Construction
CONCRETE
Total area
36,674 SF
Lot
1.15 ac (50,100 SF)
Zoning code
6900:SEMI PROFESS OFFICE
APN
30-4025-033-0200
UPID
US18-1574069
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
-
Cisneros Fontanals Art Foundation Theater & Performing Art Venue
-
Miami Art Central Tourist Attraction Museum
-
Efc Holdings Holding Company
-
Digisalud Department Store
-
RDLB agency Advertising Agency Marketing & Advertising
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$6.35M
Blend (final)
Blend
$9.92M
Owner & transaction history
Four Cps Red Door LLC · 1 yrs held
Four Cps Red Door LLC
since 2024
3 recorded transactions
Zoning & alternative use
6900:SEMI PROFESS OFFICE · Miami, FL
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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$9.92M
Range $8.92M – $10.91M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$270 / 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
$103,771
Tax year 2023
Assessed value
$7,018,508
Assessed 2023
Previous assessed
$7,053,378
-0.5% YoY
Effective rate
1.48%
On assessed value
Assessed land
$4,008,000
Assessed improvement
$3,010,508
Land market value
$4,008,000
Improvement market value
$3,010,508
Total market value
$7,018,508
Applied tax rate
3,000.0000
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
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
Off-Market
Year built
1945
Construction
CONCRETE
Heating
NONE
Cooling
AC.CHILLED WATER
Stories
1
Total area
36,674 SF
Lot
1.15 ac (50,100 SF)
Zoning code
6900:SEMI PROFESS OFFICE
APN
30-4025-033-0200
UPID
US18-1574069
Jurisdiction
DADE
Metro division
MIAMI-MIAMI BEACH-KENDALL, FL METROPOLITAN DIVISION
Zoning & alternative use
6900:SEMI PROFESS OFFICE · Miami, FLZoning 6900:SEMI PROFESS OFFICE · permitted uses
6900:SEMI PROFESS OFFICE · Miami, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Planning and Zoning
Building & site characteristics
From public records
Year built
1945
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Lot
1.15 ac
Current owner
From public records · entity-resolved
Four Cps Red Door LLC
Entity
Mailing address
5960 SW 57TH AVE, MIAMI, FL 33143-2345
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 21, 2024
—
Four Cps Red Door LLC
Red Rainbow LLC
Warranty Deed
$6,250,000 · Red Rainbow LLC
Mar 1, 2001
$3,900,000
Red Rainbow Corp
Boardwalk
Grant Deed
—
—
—
Red Rainbow Corp
—
Deed Of Trust
related
$3,000,000 · Ocean Bank
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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