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Property summary
This two-story, 22,884 square foot Class B office building in Palmetto Bay, Florida, presents a compelling investment opportunity. Located at 8925 SW 148th St, 33176, this multi-tenant property boasts 29 units and 75 parking spaces on a 0.92-acre lot. Currently 77.1% occupied with 23 tenants, the property offers a pro-forma NOI of $526,034 and a pro-forma cap rate of 9.27%. The asking price is $5,675,000 ($247.99/sq ft). Built in 1973, the building recently passed its 50-year… recertification. The property features a mix of office suites, primarily under 1,000 square feet, ideal for small businesses. Its strategic location provides easy access to major thoroughfares, including the Palmetto and Dolphin Expressways, Miami International Airport, and Downtown Miami. The B-1 zoning allows for flexibility, and the property benefits from ample on-site parking and strong tenant demand. Lease terms are gross, with rent bumps projected at 3% - 5%. Seller financing is available at 60% LTV for two years at 7% interest only. This stabilized, value-add investment is well-positioned for future appreciation in a growing market. The property's strong cash flow, combined with the potential for rent increases and future value appreciation, makes it an attractive investment for both owner-users and investors. The building's excellent visibility along South Dixie Highway provides prominent signage opportunities. The property's well-maintained condition and ease of management further enhance its appeal.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
Cap rate analysis
Price anchors at 6 / 6.5 / 7% — in the full report.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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