New search
Property profile & analytics
OFF-MARKET
Estimated value
$590,000
Retail residential properties
632 6th St, Miami Beach, FL 33139-8602
Individually Owned
2-yr Hold
Free & Clear
Property ID
US18-2902833
Property profile
Verified
Property type
Retail residential properties
Use group
STORES & APARTMENTS
Year built
1940
Construction
CONCRETE
Total area
1,620 SF
Lot
0.02 ac (900 SF)
Zoning code
6503:COMMERCIAL
APN
02-4203-009-1870
UPID
US18-2902833
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
by Request
CAP Approach
CAP
$590k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$590k
Owner & transaction history
Abu Shaleh Chowdhury · 2 yrs held
Abu Shaleh Chowdhury
since 2024
5 recorded transactions
Zoning & alternative use
6503:COMMERCIAL · Miami Beach, 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 Miami Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Miami Beach 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%
$640,000
6.5%
$590,000
7%
$545,000
Blend value · Realmo final
$590k
Range $531k – $649k · ±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
$364 / 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
$15,590
Tax year 2023
Assessed value
$825,000
Assessed 2023
Previous assessed
$825,000
+0.0% YoY
Effective rate
1.89%
On assessed value
Assessed land
$360,000
Assessed improvement
$465,000
Land market value
$360,000
Improvement market value
$465,000
Total market value
$825,000
Applied tax rate
200.0000
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
Retail residential properties
Use group
STORES & APARTMENTS
Status
Off-Market
Year built
1940
Construction
CONCRETE
Heating
NONE
Stories
2
Bathrooms
2
Total area
1,620 SF
Lot
0.02 ac (900 SF)
Zoning code
6503:COMMERCIAL
APN
02-4203-009-1870
UPID
US18-2902833
Jurisdiction
DADE
Metro division
MIAMI-MIAMI BEACH-KENDALL, FL METROPOLITAN DIVISION
Zoning & alternative use
6503:COMMERCIAL · Miami Beach, FL
Zoning 6503:COMMERCIAL · permitted uses
6503:COMMERCIAL · Miami Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Miami Beach. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1940
Construction
CONCRETE
Heating
NONE
Stories
2
Bathrooms
2
Lot
0.02 ac
Current owner
From public records · entity-resolved
Abu Shaleh Chowdhury
Individual
Free & Clear · 2 yrs held
Mailing address
931 NE 116TH ST, BISCAYNE PARK, FL 33161-6741
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 9, 2024
—
Abu Shaleh Chowdhury
Abu Shaleh Chowdhury
Correction Deed
related
—
Apr 3, 2019
$3,200,000
Abu S Chowdhury
White,linda-lou
Trustees Deed
$2,585,000 · White Linda-lou Family Tr (pt)
Dec 1, 2014
—
White,linda-lou Family Trust
White,linda-lou
Quit Claim Deed
related
—
Oct 28, 1998
$63,000
Wilma J Hagan
Nehemiah Project Of Homestead
Grant Deed
$49,100 · Citibank Fsb
—
—
White,linda-lou Family Trust
—
Deed Of Trust
related
$550,000 · Optimumbank
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 632 6th St?
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.
