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Property profile & analytics
OFF-MARKET
Estimated value
$4,365,000
Office buildings
8425 132nd St Pinecrest, FL 33156-6505
Entity Owned
~
Est. High Equity
Property ID
US18-3447420
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1969
Construction
CONCRETE
Total area
10,601 SF
Lot
0.83 ac (35,949 SF)
Zoning code
6200:COMMERCIAL,ARTERIAL
APN
20-5015-000-0511
UPID
US18-3447420
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
by Request
CAP Approach
CAP
$4.99M
Comparable Approach
Comparable
$5.11M
Blend (final)
Blend
$4.37M
Owner & transaction history
Abl Pinecrest LLC
Abl Pinecrest LLC
since 2025
Last sale
$4.0M
2 recorded transactions
Zoning & alternative use
6200:COMMERCIAL,ARTERIAL · Pinecrest, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$6.9M
+25.7%
Retail stores
$6.1M
+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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$5,405,000
6.5%
$4,990,000
7%
$4,635,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$5,515,000
Current use
AUTO REPAIR, GARAGE
$6,930,000
Change: +26% · Conversion: Difficult
RETAIL STORES
$6,065,000
Change: +10% · Conversion: Moderate
MEDICAL BUILDING
$4,655,000
Change: -16% · Conversion: Easy
Blend value · Realmo final
$4.37M
Range $3.93M – $4.80M · ±10% · vs last sale $4.00M (Dec 30 2025)
Last sale anchor
$4.00M
Dec 30 2025
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
$412 / 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
$62,916
Tax year 2023
Assessed value
$3,461,104
Assessed 2023
Previous assessed
$3,461,104
+0.0% YoY
Effective rate
1.82%
On assessed value
Assessed land
$3,451,104
Assessed improvement
$10,000
Land market value
$3,451,104
Improvement market value
$10,000
Total market value
$3,461,104
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
Off-Market
Year built
1969
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Buildings
2
Stories
1
Bathrooms
10
Total area
10,601 SF
Lot
0.83 ac (35,949 SF)
Zoning code
6200:COMMERCIAL,ARTERIAL
APN
20-5015-000-0511
UPID
US18-3447420
Jurisdiction
DADE
Metro division
MIAMI-MIAMI BEACH-KENDALL, FL METROPOLITAN DIVISION
Zoning & alternative use
6200:COMMERCIAL,ARTERIAL · Pinecrest, FLZoning 6200:COMMERCIAL,ARTERIAL · permitted uses
6200:COMMERCIAL,ARTERIAL · Pinecrest, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$5.5M
AUTO REPAIR, GARAGE
Est. value
$6.9M
RETAIL STORES
Est. value
$6.1M
MEDICAL BUILDING
Est. value
$4.7M
OFFICE BUILDING Current
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
1969
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Bathrooms
10
Lot
0.83 ac
Current owner
From public records · entity-resolved
Abl Pinecrest LLC
Entity
Mailing address
7491 N FEDERAL HWY STE C5, BOCA RATON, FL 33487-1658
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
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 30, 2025
$4,000,000
Abl Pinecrest LLC
1 3 2 Plaza Building LLC
Warranty Deed
$2,400,000 · Grove Bank & Trust
Jul 2, 2007
—
1-3-2 Plaza Building LLC
Fleisher,judith K
Quit Claim Deed
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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