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Property profile & analytics
FOR SALE
Office buildings
7300 North Kendall Dr Miami, FL 33156
Entity Owned
14-yr Hold
Free & Clear
Property ID
US18-4498349
For Sale
1 / 18
$40,265,000
7300 North Kendall Dr, Miami, FL 33156
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1972
Construction
CONCRETE
Total area
108,884 SF
Lot
2.73 ac (118,845 SF)
Zoning code
6114:DKUC CORE SUB DIST
APN
30-4035-021-0035
UPID
US18-4498349
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
-
Dr. Catalina P. Carrillo, DDS Dental Office
-
Luis Torres, DMD Dental Office
-
Flavia Goncalves, DDS Dental Office
-
Norex International Inc Logistics Company
-
Tritan Software Corporation (Bike/Boat/Book/etc) Store Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$51.26M
Comparable Approach
Comparable
$41.99M
Blend (final)
Blend
$40.27M
Owner & transaction history
7300 Kendall Drive LLC · 14 yrs held
7300 Kendall Drive LLC
since 2012
6 recorded transactions
Zoning & alternative use
6114:DKUC CORE SUB DIST · Miami, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$62.3M
+10.0%
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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$55,530,000
6.5%
$51,260,000
7%
$47,600,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$56,640,000
Current use
RETAIL STORES
$62,290,000
Change: +10% · Conversion: Moderate
MEDICAL BUILDING
$47,820,000
Change: -16% · Conversion: Easy
Blend value · Realmo final
$40.27M
Range $36.24M – $44.29M · ±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
$370 / 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
$376,872
Tax year 2023
Assessed value
$25,651,675
Assessed 2023
Previous assessed
$18,600,000
+37.9% YoY
Effective rate
1.47%
On assessed value
Assessed land
$25,551,675
Assessed improvement
$100,000
Land market value
$25,551,675
Improvement market value
$100,000
Total market value
$25,651,675
Applied tax rate
3,000.0000
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
For Sale
Year built
1972
Construction
CONCRETE
Heating
NONE
Cooling
AC.CHILLED WATER
Stories
8
Total area
108,884 SF
Lot
2.73 ac (118,845 SF)
Zoning code
6114:DKUC CORE SUB DIST
APN
30-4035-021-0035
UPID
US18-4498349
Jurisdiction
DADE
Metro division
MIAMI-MIAMI BEACH-KENDALL, FL METROPOLITAN DIVISION
Zoning & alternative use
6114:DKUC CORE SUB DIST · Miami, FL
Zoning 6114:DKUC CORE SUB DIST · permitted uses
6114:DKUC CORE SUB DIST · 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.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$56.6M
RETAIL STORES
Est. value
$62.3M
MEDICAL BUILDING
Est. value
$47.8M
OFFICE BUILDING Current
RETAIL STORES
MEDICAL BUILDING
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
1972
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
8
Lot
2.73 ac
Current owner
From public records · entity-resolved
7300 Kendall Drive LLC
Entity
Free & Clear · 14 yrs held
Mailing address
1175 NE 125TH ST STE #102, NORTH MIAMI, FL 33161-5009
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 23, 2018
—
7300 Kendall Drive LLC
—
Deed
related
$2,500,000 · Marquis Bk
Jul 13, 2016
—
7300 Kendall Drive LLC
—
Deed
related
$8,500,000 · Marquis Bk
Mar 1, 2012
—
7300 Kendall Drive LLC
Tate,james D & J Kenneth
Quit Claim Deed
related
—
Feb 23, 2012
—
James D Tate
Tate,stanley G & Joanne M
Quit Claim Deed
related
—
—
—
7300 Kendall Drive LLC
—
Deed Of Trust
related
$8,500,000 · Marquis Bk
—
—
7300 Kendall Drive LLC
—
Loan Modification
related
$2,500,000 · Marquis 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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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