Technical
Financial
Distress signals
Property profile

5961 2nd Ave Miami, FL 33137

OFF-MARKET
Turn key restaurants
Property ID
US19-0336273
2,976 SF 0.18 ac lot Built 1926
Entity Owned 8-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1926
Construction TYPE NOT SPECIFIED
Total area 2,976 SF
Lot 0.18 ac (8,000 SF)
Zoning code 6101
APN 01-3218-016-0030
UPID US19-0336273

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
  • Radio Station Telecommunications Service
  • Bakery Specialty Food Shop

Location

5961 2nd Ave Miami, FL 33137-2044
Miami metro Census 2004 MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$300k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$270k

Owner & transaction history

since 2018
7 recorded transactions
2018
Price N/A
2018
Price N/A
2011
Price N/A
2011
$175,000
2011
Price N/A
2008
Price N/A
2006
$450,000

Zoning & alternative use

6101 · Miami, FL

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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