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Property profile

600 Payne Dr Miami Springs, FL 33166

OFF-MARKET
Turn key restaurants
Property ID
US18-4107430
1,250 SF 0.06 ac lot Built 1950
Last sale Apr 2025 · $1,150,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a restaurant real estate package located at 600 Payne Dr in Miami Springs, Florida (33166) and consists of three contiguous parcels plus a 1,238 sq ft building. The improvements support both indoor and outdoor dining, with indoor dining areas connected to outdoor space for combined guest use. The facility includes bar-related space and a designated outdoor entertainment area with outdoor coverings, and it is configured with a well-maintained kitchen equipped with a hood and…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$8k
Tax billed · 2023
Assessed value$360k
Assessed land$115k
Assessed improvement$245k
Effective rate2.21%

Value estimate

· Oct 2026
$995k
$896k – $1.09M
AI approach$935k

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?
$747/SF
County average, outlier-cleaned · 163 recorded sales of this use type
Observed band · Q1–Q3$369 – $1,306
Qualifying comparables4

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
6300:COMMERCIAL,RESTRICT
JurisdictionDADE

Location intelligence

Which uses thrive at this corner?
Best fit: Laundry Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Laundry Service8.9
Locksmith8.9
Veterinary Clinic8.3

Location

600 Payne Dr Miami Springs, FL 33166-4975
County assessor Recorded deeds · 7 transfers 4 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
8401 Nws Riv, Medley, FL 33166-7424 $750,000 Feb 2025 1,638 SF
9 Westward, Miami Springs, FL 33166-5255 $425,000 Aug 2020 1,854 SF
254 Westward, Miami Springs, FL 33166-5260 $365,000 Jan 2019 1,525 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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