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Property profile & analytics
FOR SALE
Office buildings
8125 SW 120Th St Pinecrest, FL 33156
Individually Owned
2-yr Hold
Free & Clear
Property ID
US18-1682088
For Sale
1 / 27
$2,950,000
8125 SW 120Th St, Pinecrest, FL 33156
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1964
Construction
CONCRETE
Total area
2,720 SF
Lot
0.26 ac (11,270 SF)
Zoning code
5700:DUPLEXES,GENERAL
APN
20-5010-013-0220
UPID
US18-1682088
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
-
Isalis (Bike/Boat/Book/etc) Store
-
Party City Party Supply Store (Bike/Boat/Book/etc) Store
-
Skunk Funk Big Box & Wholesale Store
-
Carl's Trading Co Hat Shop
-
Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.35M
CAP Approach
CAP
$1.28M
Comparable Approach
Comparable
$1.67M
Blend (final)
Blend
$1.35M
Owner & transaction history
Rodolfo Enrique Rodriguez Rubicondo · 2 yrs held
Rodolfo Enrique Rodriguez Rubicondo
since 2024
Last sale
$1.4M
5 recorded transactions
Zoning & alternative use
5700:DUPLEXES,GENERAL · Pinecrest, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$2.0M
+42.1%
Auto repair, garage
$1.8M
+25.7%
Retail stores
$1.6M
+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 Pinecrest submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pinecrest 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
$1,350,000
ML approach
$1,350,000
CAP Approach
CAP Return
Estimation
6%
$1,385,000
6.5%
$1,280,000
7%
$1,190,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,415,000
Current use
COMMERCIAL (GENERAL)
$2,010,000
Change: +42% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,780,000
Change: +26% · Conversion: Difficult
RETAIL STORES
$1,555,000
Change: +10% · Conversion: Moderate
MEDICAL BUILDING
$1,195,000
Change: -16% · Conversion: Easy
Blend value · Realmo final
$1.35M
Range $1.22M – $1.49M · ±10% · vs last sale $1.35M (Apr 22 2024)
Last sale anchor
$1.35M
Apr 22 2024
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
$496 / 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
$20,181
Tax year 2023
Assessed value
$1,135,000
Assessed 2023
Previous assessed
$1,135,000
+0.0% YoY
Effective rate
1.78%
On assessed value
Assessed land
$529,690
Assessed improvement
$605,310
Land market value
$529,690
Improvement market value
$605,310
Total market value
$1,135,000
Applied tax rate
2,000.0000
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
Status
For Sale
Year built
1964
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Stories
1
Total area
2,720 SF
Lot
0.26 ac (11,270 SF)
Zoning code
5700:DUPLEXES,GENERAL
APN
20-5010-013-0220
UPID
US18-1682088
Jurisdiction
DADE
Metro division
MIAMI-MIAMI BEACH-KENDALL, FL METROPOLITAN DIVISION
Zoning & alternative use
5700:DUPLEXES,GENERAL · Pinecrest, FL
Zoning 5700:DUPLEXES,GENERAL · permitted uses
5700:DUPLEXES,GENERAL · Pinecrest, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Pinecrest. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$1.4M
COMMERCIAL (GENERAL)
Est. value
$2.0M
AUTO REPAIR, GARAGE
Est. value
$1.8M
RETAIL STORES
Est. value
$1.6M
MEDICAL BUILDING
Est. value
$1.2M
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
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
1964
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.26 ac
Current owner
From public records · entity-resolved
Rodolfo Enrique Rodriguez Rubicondo
Individual
Free & Clear · 2 yrs held
Mailing address
11001 NW 83RD ST4-204, DORAL, FL 33178-1728
Ownership since
2024
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
Apr 22, 2024
—
Rodolfo Enrique Rodriguez Rubicondo
Rodolfo Enrique Rodriguez Rubicondo
Intrafamily Transfer
related
—
Jun 2, 2021
—
Fortun Investments Group LLC
—
Deed
related
$548,000 · Popular Bank
Feb 9, 2021
$1,350,000
Fortun Investments Group LLC
Jack Bernstein
Warranty Deed
$1,100,000 · Jack Bernstein Etal
Oct 26, 2018
$599,000
Jack Bernstein
Perea,lillian M
Warranty Deed
—
Sep 13, 2002
$840,000
Jose A Perea
Bernstein,jack G & Sherry L
Grant Deed
$650,000 · Neil I & Freda L Maryanoff
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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