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Property profile & analytics
OFF-MARKET
Banks
700 Brickell Ave Miami, FL 33131-2810
Entity Owned
1-yr Hold
Free & Clear
Property ID
US18-4416040
Property profile
Verified
Property type
Banks
Use group
FINANCIAL BUILDING
Year built
1971
Construction
CONCRETE
Total area
100,258 SF
Lot
1.09 ac (47,610 SF)
Zoning code
6407:HIGH DENS MIX USE
APN
01-0210-030-1180
UPID
US18-4416040
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
Current use
Occupant on record · Public records
-
Martini of Florida Construction Company General Contractor
-
Swire Realty Condominium Complex
-
#CEPODS Container House Corporate Office
-
Water Filter Purifier and Softener Home Appliance Store Hardware & Home Improvement
-
Brickell City Centre Residential Sales Gallery Condominium Complex
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Brickell City Plaza LLC · 1 yrs held
Brickell City Plaza LLC
since 2025
Last sale
$205.0M
7 recorded transactions
Zoning & alternative use
6407:HIGH DENS MIX USE · Miami, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Miami 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$539,133
Tax year 2023
Assessed value
$29,301,000
Assessed 2023
Previous assessed
$29,301,000
+0.0% YoY
Effective rate
1.84%
On assessed value
Assessed land
$29,291,000
Assessed improvement
$10,000
Land market value
$29,291,000
Improvement market value
$10,000
Total market value
$29,301,000
Applied tax rate
101.0000
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
Banks
Use group
FINANCIAL BUILDING
Status
Off-Market
Year built
1971
Construction
CONCRETE
Heating
NONE
Cooling
AC.CHILLED WATER
Buildings
2
Stories
10
Total area
100,258 SF
Lot
1.09 ac (47,610 SF)
Zoning code
6407:HIGH DENS MIX USE
APN
01-0210-030-1180
UPID
US18-4416040
Jurisdiction
DADE
Metro division
MIAMI-MIAMI BEACH-KENDALL, FL METROPOLITAN DIVISION
Zoning & alternative use
6407:HIGH DENS MIX USE · Miami, FL
Zoning 6407:HIGH DENS MIX USE · permitted uses
6407:HIGH DENS MIX USE · Miami, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Miami. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1971
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
10
Buildings
2
Lot
1.09 ac
Current owner
From public records · entity-resolved
Brickell City Plaza LLC
Entity
Free & Clear · 1 yrs held
Mailing address
98 SE 7TH ST STE #601, MIAMI, FL 33131-3530
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 29, 2025
$205,000,000
Brickell City Plaza LLC
Brickell City Centre Plaza LLC
Special Warranty Deed
—
Jul 24, 2020
—
Brickell City Centre Project L
—
Deed
related
—
Jul 15, 2013
$23,599,800
700 Brickell Citycentre LLC
Brickell Marjorie O Trust
Grant Deed
—
Jul 15, 2013
$40,500,300
700 Brickell Citycentre LLC
Northern Trust Co
Grant Deed
—
Nov 8, 2012
—
Northern Trust Co
Brickell Marjorie O Trust
Quit Claim Deed
related
—
Nov 2, 2012
$1,200,000
Northern Trust Co
Liegerot,richard J
Grant Deed
—
Aug 9, 2012
—
Liegerot Living Trust
Liegerot,richard J
Quit Claim Deed
related
—
May 10, 2012
—
Liegerot Frances A Living Trust
Liegerot Frances A
Quit Claim Deed
related
—
Oct 18, 2011
—
Richard J Liegerot
Liegerot Denzil P Trust
Quit Claim Deed
related
—
Feb 12, 2010
—
Minor Linda C Gst Exempt Trust
Brickell Marjorie O Trust
Grant Deed
related
—
Jun 28, 2006
—
Brickell Marjorie O Trust
Brickell,marjorie O
Quit Claim Deed
related
—
May 31, 2006
—
Marjorie O Brickell
Brickell,william O
Quit Claim Deed
—
—
—
Brickell City Centre Project L
—
Loan Modification
related
—
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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