Back to Search
Property profile & analytics
OFF-MARKET
Office buildings
5975 Sunset Dr Ste 603 South Miami, FL 33143-5174
Entity Owned
1-yr Hold
Free & Clear
Property ID
US19-0511362
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1984
Total area
803 SF
Zoning code
6506:COMMERCIAL
APN
09-4025-080-0240
UPID
US19-0511362
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Cp Property Real Estate Holdings Ll · 1 yrs held
Cp Property Real Estate Holdings Ll
since 2024
Last sale
$507,000
7 recorded transactions
Zoning & alternative use
6506:COMMERCIAL · South 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 South Miami submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs South 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
—
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
$5,387
Tax year 2023
Assessed value
$281,050
Assessed 2023
Previous assessed
$305,140
-7.9% YoY
Effective rate
1.92%
On assessed value
Total market value
$281,050
Applied tax rate
900.0000
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
1984
Heating
NONE
Total area
803 SF
Zoning code
6506:COMMERCIAL
APN
09-4025-080-0240
UPID
US19-0511362
Jurisdiction
DADE
Metro division
MIAMI-MIAMI BEACH-KENDALL, FL METROPOLITAN DIVISION
Zoning & alternative use
6506:COMMERCIAL · South Miami, FLZoning 6506:COMMERCIAL · permitted uses
6506:COMMERCIAL · South Miami, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1984
Heating
NONE
Current owner
From public records · entity-resolved
Cp Property Real Estate Holdings Ll
Entity
Free & Clear · 1 yrs held
Mailing address
5975 SW SUNSET DR STE #701, SOUTH MIAMI, FL 33143-5174
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 26, 2024
$507,000
Cp Property Real Estate Holdings Ll
Sanablue LLC
Warranty Deed
—
Sep 26, 2023
$400,000
Sanablue LLC
Sunset Station 603 LLC
Warranty Deed
$280,000 · Restated Bourgoignie Trust
Aug 12, 2020
—
Sunset Station 603 LLC
—
Deed
related
$190,000 · Bourgoignie Living Trust (rt)
Apr 11, 2016
$265,000
Sunset Station 603 LLC
Jca Family Holdings INC
Grant Deed
—
Mar 24, 2016
$265,000
Sunset Station 603 LLC
Jca Family Holdings INC
Special Warranty Deed
$225,000 · First Citizens Bank & Trust Co
Oct 18, 2007
$280,000
Jca Family Holdings INC
Bluntzer,christopher & Elena
Warranty Deed
—
Aug 24, 2005
$269,905
Christopher Bluntzer
Sunset Station Investors LLC
Grant Deed
—
Aug 9, 2005
$13,245,000
Sunset Station Investors LLC
Acp Of Sunset Station LLC
Grant Deed
related
—
—
—
Sunset Station 603 LLC
—
Deed Of Trust
related
$190,000 · Bourgoignie Living Trust (rt)
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 5975 Sunset Dr Ste, Unit 603?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
