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Property profile & analytics
OFF-MARKET
Estimated value
$865,000
Retail space
6590 Pembroke Rd Miramar, FL 33023-2140
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US19-0851334
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2010
Construction
CONCRETE
Total area
2,827 SF
Lot
0.33 ac (14,258 SF)
Zoning code
ML
APN
51-41-23-07-0027
UPID
US19-0851334
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
$890k
CAP Approach
CAP
$605k
Comparable Approach
Comparable
$842k
Blend (final)
Blend
$865k
Owner & transaction history
Jm Miramar LLC · 4 yrs held
Jm Miramar LLC
since 2022
Last sale
$1.0M
5 recorded transactions
Zoning & alternative use
ML · Miramar, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.3M
+86.8%
Medical building
$990,000
+40.9%
Office building
$855,000
+21.2%
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 Miramar submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Miramar 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
$840,000
ML approach
$890,000
CAP Approach
CAP Return
Estimation
6%
$655,000
6.5%
$605,000
7%
$560,000
Alternative Use
Use
Estimation
RETAIL STORES
$705,000
Current use
COMMERCIAL (GENERAL)
$1,315,000
Change: +87% · Conversion: Easy
MEDICAL BUILDING
$990,000
Change: +41% · Conversion: Difficult
OFFICE BUILDING
$855,000
Change: +21% · Conversion: Easy
WAREHOUSE, STORAGE
$800,000
Change: +14% · Conversion: Difficult
Blend value · Realmo final
$865k
Range $779k – $952k · ±10% · vs last sale $1.00M (Jan 4 2022)
Last sale anchor
$1.00M
Jan 4 2022
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
$306 / 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
$14,062
Tax year 2023
Assessed value
$579,260
Assessed 2023
Previous assessed
$579,260
+0.0% YoY
Effective rate
2.43%
On assessed value
Assessed land
$131,890
Assessed improvement
$447,370
Land market value
$131,890
Improvement market value
$447,370
Total market value
$579,260
Applied tax rate
2,713.0000
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 space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2010
Construction
CONCRETE
Heating
NONE
Cooling
YES
Stories
1
Bathrooms
2
Total area
2,827 SF
Lot
0.33 ac (14,258 SF)
Zoning code
ML
APN
51-41-23-07-0027
UPID
US19-0851334
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
ML · Miramar, FL
Zoning ML · permitted uses
ML · Miramar, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Miramar. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$705,000
COMMERCIAL (GENERAL)
Est. value
$1.3M
MEDICAL BUILDING
Est. value
$990,000
OFFICE BUILDING
Est. value
$855,000
WAREHOUSE, STORAGE
Est. value
$800,000
RETAIL STORES Current
COMMERCIAL (GENERAL)
MEDICAL BUILDING
OFFICE BUILDING
WAREHOUSE, STORAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2010
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Bathrooms
2
Lot
0.33 ac
Current owner
From public records · entity-resolved
Jm Miramar LLC
Entity
Mailing address
620 SW 42ND AVE, CORAL GABLES, FL 33134-1912
Ownership since
2022
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
Jan 4, 2022
$1,000,000
Jm Miramar LLC
Ama Realty INC
Warranty Deed
$750,000 · Ama Realty INC
Jun 1, 2017
—
Power Petroleum INC
—
Deed
related
$40,271 · Flagler Bk
Aug 10, 2006
$230,000
Ama Realty INC
Hess Corp
Grant Deed
—
—
—
Ama Realty INC
—
Deed Of Trust
related
$764,000 · Parke Bank
—
—
Power Petroleum INC
—
Loan Modification
related
$40,271 · Flagler Bk
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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