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    6353 Bird Rd Miami, FL 33155-4825
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    6353 Bird Rd Miami, FL 33155-4825

    View on Map
    • Banks
    • 1,249 SF
    • 0.10 lot acres
    Off-Market
    Last Sale May 10, 2021
    Property ID
    US18-2030620
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $545,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Sun City Title, Inc. / Title Company / Insurance Agency
    • Miami Realty Law and Title / Law Firm

    Property Details for 6353 Bird Rd

    Year built
    1971
    Construction
    CONCRETE
    Lot size
    0.10 lot acres
    Property size
    1,249 SF
    Zone code
    6900:SEMI PROFESS OFFICE
    Property type
    Banks
    APN
    30-4013-019-1280
    APU
    3040130191280

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $460,000

    • Alternative Use

      Use
      Estimation
      FINANCIAL BUILDING
      $820,000
      Current use
      OFFICE BUILDING
      $865,000
      Change: +5% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $815,000
      Change: -1% Conversion: Difficult
      RETAIL STORES
      $715,000
      Change: -13% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-dade
    State
    Florida
    Longitude
    -80.2979
    Latitude
    25.7339
    CBSA code
    33100
    CBSA name
    MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $8,471
    $637,500
    $80,538
    $718,038
    -
    $637,500
    $80,538
    $718,038

    Comparable in this City

    • Value Estimation
      $750,000
      6,820 SF

      8300 Bird Rd

      FINANCIAL BUILDING • 6,820 SF
      8300 Bird Rd, Miami, FL 33155-3337
      View Details
    • Value Estimation
      $510,000
      3,204 SF

      7400 Bird Rd

      FINANCIAL BUILDING • 3,204 SF
      7400 Bird Rd, Miami, FL 33155-6696
      View Details
    • Value Estimation
      $915,000
      2,612 SF

      3911 67th Ave

      FINANCIAL BUILDING • 2,612 SF
      3911 67th Ave, Miami, FL 33155-3710
      View Details
    • Value Estimation by Request
      3,655 SF

      8311 Bird Rd

      FINANCIAL BUILDING • 3,655 SF
      8311 Bird Rd, Miami, FL 33155-3311
      View Details
    • Value Estimation
      $970,000
      17,005 SF

      8585 Coral Way

      FINANCIAL BUILDING • 17,005 SF
      8585 Coral Way, Miami, FL 33155-2335
      View Details
    • Value Estimation
      $4,800,000
      2,985 SF

      2000 57th Ave

      FINANCIAL BUILDING • 2,985 SF
      2000 57th Ave, Miami, FL 33155-2231
      View Details

    Similar Nearby for Sale

    • $2,400,000
      2,190 SF

      Free Standing Retail Building

      Retail building with high visibility and frontage on Bird Road.
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      Retail Space on Bird Road

      Retail property with frontage on Bird Road and ample parking.
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    • $2,400,000

      Freestanding Retail Building on Bird Road

      2,190 SF retail building with high visibility and traffic.
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      2,200 SF

      Freestanding Retail Property For Sale

      Retail property for sale with frontage and ample parking.
      2228 SW 67Th Ave, Miami, FL 33155
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    Similar Nearby for Lease

    • $40 SF/Yr

      Miami Retail/Office Space Available

      Retail or office space in a convenient Miami location.
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      2,400 SF

      Retail Space in Strong Center

      Grocery-anchored neighborhood center in a densely populated market.
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    • $40 SF/Yr
      5,100 SF

      Retail Space with Open Layout

      Spacious retail space with high traffic and ample parking.
      6550-6578 Bird Rd, Miami, FL 33155
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    • Contact for pricing
      4,125 SF

      Retail Space Near Ludlam Trail

      Mixed-use retail space near Bird Road Art District.
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      Retail Space with High Visibility

      Renovated retail space with ample parking and high foot traffic.
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    • $3,000 /Mo

      Renovated Retail Space on Bird Road

      Move-in ready retail space in a vibrant Miami location.
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      View Details
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    6353 Bird Rd
    Miami, FL 33155-4825
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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