Technical
Financial
Distress signals
Property profile

640 Palm Dr Florida City, FL 33034

OFF-MARKET
Office buildings
Property ID
US18-1838651
5,933 SF 0.41 ac lot Built 2004
Individually Owned 16-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 2004
Construction CONCRETE
Total area 5,933 SF
Lot 0.41 ac (18,000 SF)
Zoning code 6100:COMMERCIAL,NEIGHBRHD
APN 16-7824-009-0240
UPID US18-1838651

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Crisis Center Medical Clinic
  • High School
  • Daycare Center

Location

640 Palm Dr Florida City, FL 33034-3234
Florida City metro Census 11405 MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$515k
CAP Approach CAP
by Request
Comparable Approach Comparable
$650k
Blend (final) Blend
$515k

Owner & transaction history

since 2010
4 recorded transactions
2010
$420,000
2009
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

6100:COMMERCIAL,NEIGHBRHD · Florida City, 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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