Property profile

640 87th St Miami Shores, FL 33138

OFF-MARKET
Commercial land
Property ID
US18-1548754
0.16 ac lot
Entity Owned 12-yr Hold Free & Clear
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Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 0.16 ac (7,100 SF)
Zoning code 4600:MULTI-FAMILY,5+STORY
APN 01-3206-028-0880
UPID US18-1548754

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

640 87th St Miami Shores, FL 33138-3513
Miami Shores metro Census 1301 MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$270k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$270k

Owner & transaction history

since 2013
5 recorded transactions
2013
$1.2M
2006
$2.5M
2004
$1.0M
1999
$470,000
1969
Price N/A

Zoning & alternative use

4600:MULTI-FAMILY,5+STORY · Miami Shores, FL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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