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Property profile & analytics
OFF-MARKET
Estimated value
$2,045,000
Medical Office Space
9165 Park Dr, Miami Shores, FL 33138-3163
Entity Owned
~
Est. High Equity
Property ID
US18-2100208
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1970
Construction
CONCRETE
Total area
8,236 SF
Lot
0.52 ac (22,500 SF)
Zoning code
6800:COMM,PROFESS OFFICES
APN
11-3206-014-1350
UPID
US18-2100208
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.10M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.05M
Owner & transaction history
Traditions Land Partners LLC
Traditions Land Partners LLC
since 2025
Last sale
$2.5M
7 recorded transactions
Zoning & alternative use
6800:COMM,PROFESS OFFICES · Miami Shores, 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 Shores submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Miami Shores 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%
$2,275,000
6.5%
$2,100,000
7%
$1,950,000
Blend value · Realmo final
$2.05M
Range $1.84M – $2.25M · ±10% · vs last sale $2.53M (May 26 2025)
Last sale anchor
$2.53M
May 26 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
$248 / 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
$47,770
Tax year 2023
Assessed value
$2,288,485
Assessed 2023
Previous assessed
$2,073,889
+10.3% YoY
Effective rate
2.09%
On assessed value
Assessed land
$1,350,000
Assessed improvement
$938,485
Land market value
$1,350,000
Improvement market value
$938,485
Total market value
$2,288,485
Applied tax rate
1,100.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1970
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Stories
1
Total area
8,236 SF
Lot
0.52 ac (22,500 SF)
Zoning code
6800:COMM,PROFESS OFFICES
APN
11-3206-014-1350
UPID
US18-2100208
Jurisdiction
DADE
Metro division
MIAMI-MIAMI BEACH-KENDALL, FL METROPOLITAN DIVISION
Zoning & alternative use
6800:COMM,PROFESS OFFICES · Miami Shores, FL
Zoning 6800:COMM,PROFESS OFFICES · permitted uses
6800:COMM,PROFESS OFFICES · Miami Shores, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Miami Shores. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1970
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.52 ac
Current owner
From public records · entity-resolved
Traditions Land Partners LLC
Entity
Mailing address
9165 PARK DR, MIAMI SHORES, FL 33138-3163
Mailing matches property
Yes
Owner-occupied
Yes
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 26, 2025
$2,534,000
Traditions Land Partners LLC
Devinella LLC
Warranty Deed
$2,027,200 · Jpmorgan Chase Bank NA
Aug 21, 2018
—
Devinella LLC
—
Deed
related
$1,525,000 · Suntrust Bk
Sep 27, 2011
—
Devinella LLC
Marruss Corp
Grant Deed
related
—
May 13, 2011
$725,000
Devinella LLC
Marruss Corp
Warranty Deed
—
—
—
Devinella LLC
—
Loan Modification
related
$612,000 · Suntrust Bk
—
—
Devinella LLC
—
Loan Modification
related
$595,321 · Suntrust Bk
—
—
Devinella LLC
—
Deed Of Trust
related
$1,347,000 · Suntrust Bk
—
—
Devinella LLC
—
Deed Of Trust
related
$835,000 · Suntrust Bank NA
—
—
Devinella LLC
—
Deed Of Trust
related
$835,000 · Suntrust Bk/tallahassee
—
—
Devinella LLC
—
Deed Of Trust
related
$1,347,000 · Suntrust Bank NA
—
—
Devinella LLC
—
Deed Of Trust
related
$1,525,000 · Suntrust 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.
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