Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$3,525,000
Outlet malls
6050 Dixie Hwy South Miami, FL 33143-5042
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US19-0798556
Property profile
Verified
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Year built
2010
Construction
CONCRETE
Total area
6,275 SF
Lot
0.2 ac (8,650 SF)
Zoning code
6300:COMMERCIAL,RESTRICT
APN
09-4036-027-0020
UPID
US19-0798556
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
-
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.40M
CAP Approach
CAP
$3.15M
Comparable Approach
Comparable
$3.57M
Blend (final)
Blend
$3.53M
Owner & transaction history
6050 S Dixie LLC · 5 yrs held
6050 S Dixie LLC
since 2021
Last sale
$3.5M
7 recorded transactions
Zoning & alternative use
6300:COMMERCIAL,RESTRICT · South Miami, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$4.7M
+29.6%
Commercial (general)
$4.6M
+29.2%
Auto repair, garage
$4.1M
+14.3%
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
Method
Estimation
Statistic approach
$3,915,000
ML approach
$4,400,000
CAP Approach
CAP Return
Estimation
6%
$3,410,000
6.5%
$3,150,000
7%
$2,925,000
Alternative Use
Use
Estimation
RETAIL STORES
$3,590,000
Current use
RESTAURANT
$4,655,000
Change: +30% · Conversion: Easy
COMMERCIAL (GENERAL)
$4,640,000
Change: +29% · Conversion: Easy
AUTO REPAIR, GARAGE
$4,105,000
Change: +14% · Conversion: Difficult
OFFICE BUILDING
$4,090,000
Change: +14% · Conversion: Easy
Blend value · Realmo final
$3.53M
Range $3.17M – $3.88M · ±10% · vs last sale $3.50M (May 21 2021)
Last sale anchor
$3.50M
May 21 2021
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
$562 / 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
$53,393
Tax year 2023
Assessed value
$3,000,000
Assessed 2023
Previous assessed
$2,881,600
+4.1% YoY
Effective rate
1.78%
On assessed value
Assessed land
$1,946,250
Assessed improvement
$1,053,750
Land market value
$1,946,250
Improvement market value
$1,053,750
Total market value
$3,000,000
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
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Status
Off-Market
Year built
2010
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Stories
2
Total area
6,275 SF
Lot
0.2 ac (8,650 SF)
Zoning code
6300:COMMERCIAL,RESTRICT
APN
09-4036-027-0020
UPID
US19-0798556
Jurisdiction
DADE
Metro division
MIAMI-MIAMI BEACH-KENDALL, FL METROPOLITAN DIVISION
Zoning & alternative use
6300:COMMERCIAL,RESTRICT · South Miami, FL
Zoning 6300:COMMERCIAL,RESTRICT · permitted uses
6300:COMMERCIAL,RESTRICT · South Miami, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
South Miami. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$3.6M
RESTAURANT
Est. value
$4.7M
COMMERCIAL (GENERAL)
Est. value
$4.6M
AUTO REPAIR, GARAGE
Est. value
$4.1M
OFFICE BUILDING
Est. value
$4.1M
RETAIL STORES Current
RESTAURANT
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2010
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
2
Lot
0.2 ac
Current owner
From public records · entity-resolved
6050 S Dixie LLC
Entity
Mailing address
580 CRANDON BLVD #201, KEY BISCAYNE, FL 33149-1832
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 21, 2021
$3,500,000
6050 S Dixie LLC
Bardisa Enterprises LLC
Special Warranty Deed
$2,145,000 · Terrabank NA
Jun 21, 2007
$1,850,000
Bardisa Ents LLC
Pin-mat INC
Warranty Deed
$1,625,000 · Pin-mat INC
—
—
Bardisa Ents LLC
—
Deed Of Trust
related
$2,500,000 · Td Bk NA
—
—
Bardisa Ents LLC
—
Deed Of Trust
related
$1,133,250 · Bankunited Fsb
—
—
Bardisa Ents LLC
—
Deed Of Trust
related
$1,416,563 · Bankunited Fsb
—
—
Bardisa Ents LLC
—
Loan Modification
related
$1,354,294 · Bank United
—
—
Florida Busn Dev Corp
—
Deed Of Trust
related
$1,485,862 · Bankunited Fsb
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 6050 Dixie Hwy?
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.
