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Property profile & analytics
OFF-MARKET
Estimated value
$11,320,000
Office buildings
657 Ss Dr Miami Springs, FL 33166-5926
Entity Owned
12-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-6103858
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
2010
Construction
CONCRETE
Total area
50,996 SF
Lot
0.49 ac (21,300 SF)
Zoning code
6100:COMMERCIAL,NEIGHBRHD
APN
05-3119-010-4380
UPID
US18-6103858
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$8.92M
Blend (final)
Blend
$11.32M
Owner & transaction history
Naima Group LLC · 12 yrs held
Naima Group LLC
since 2013
7 recorded transactions
Zoning & alternative use
6100:COMMERCIAL,NEIGHBRHD · Miami Springs, FL
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 Springs submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Miami Springs 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%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$11.32M
Range $10.19M – $12.45M · ±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
$222 / 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
$85,568
Tax year 2023
Assessed value
$4,200,000
Assessed 2023
Previous assessed
$3,400,000
+23.5% YoY
Effective rate
2.04%
On assessed value
Assessed land
$958,500
Assessed improvement
$3,241,500
Land market value
$958,500
Improvement market value
$3,241,500
Total market value
$4,200,000
Applied tax rate
500.0000
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
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
Off-Market
Year built
2010
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Stories
4
Total area
50,996 SF
Lot
0.49 ac (21,300 SF)
Zoning code
6100:COMMERCIAL,NEIGHBRHD
APN
05-3119-010-4380
UPID
US18-6103858
Jurisdiction
DADE
Metro division
MIAMI-MIAMI BEACH-KENDALL, FL METROPOLITAN DIVISION
Zoning & alternative use
6100:COMMERCIAL,NEIGHBRHD · Miami Springs, FLZoning 6100:COMMERCIAL,NEIGHBRHD · permitted uses
6100:COMMERCIAL,NEIGHBRHD · Miami Springs, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Zoning Map
Building & site characteristics
From public records
Year built
2010
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
4
Lot
0.49 ac
Current owner
From public records · entity-resolved
Naima Group LLC
Entity
Mailing address
6750 NE 4TH CT, MIAMI, FL 33138-5602
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 25, 2013
$800
Naima Group LLC
East Coast Cap Inv Ll Coc
Trustees Deed
related
—
Oct 17, 2011
—
East Coast Capital Inv LLC
657 South Drive LLC
Grant Deed
related
—
Sep 27, 2007
$1,350,000
East Coast Capital Invs LLC
657 South Drive LLC
Warranty Deed
—
Jun 13, 2006
$925,000
657 South Drive LLC
Phillip S Bradley
Warranty Deed
—
—
—
Phillip S Bradley
—
Deed Of Trust
related
$272,000 · Terrabank
—
—
Phillip S Bradley
—
Deed Of Trust
related
$100,000 · Terrabank
—
—
Phillip S Bradley
—
Deed Of Trust
related
$15,175 · Terrabank
—
—
East Coast Capital Inv LLC
—
Deed Of Trust
related
$3,740,000 · Totalbank
—
—
East Coast Capital Inv LLC
—
Deed Of Trust
related
$3,590,000 · Totalbank
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.
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