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Property profile & analytics
FOR SALE
Office buildings
9299 SW 152Nd St 200 Palmetto Bay, FL 33157
Entity Owned
11-yr Hold
~
Est. High Equity
Property ID
US19-0740508
For Sale
1 / 51
$1,599,900
9299 SW 152Nd St,Unit 200, Palmetto Bay, FL 33157
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1978
Total area
3,018 SF
Zoning code
6900:SEMI PROFESS OFFICE
APN
30-5021-034-0060
UPID
US19-0740508
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
by Request
Comparable Approach
Comparable
$695k
Blend (final)
Blend
$585k
Owner & transaction history
Lynwood LLC · 11 yrs held
Lynwood LLC
since 2015
7 recorded transactions
Zoning & alternative use
6900:SEMI PROFESS OFFICE · Palmetto Bay, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$895,000
+8.4%
Neighborhood: shopping center
$860,000
+3.6%
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 Palmetto Bay submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Palmetto Bay 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$830,000
Current use
WAREHOUSE, STORAGE
$895,000
Change: +8% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$860,000
Change: +4% · Conversion: Difficult
Blend value · Realmo final
$585k
Range $527k – $644k · ±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
$194 / 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
$8,513
Tax year 2023
Assessed value
$603,600
Assessed 2023
Previous assessed
$392,340
+53.8% YoY
Effective rate
1.41%
On assessed value
Total market value
$603,600
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
1978
Heating
NONE
Total area
3,018 SF
Zoning code
6900:SEMI PROFESS OFFICE
APN
30-5021-034-0060
UPID
US19-0740508
Jurisdiction
DADE
Metro division
MIAMI-MIAMI BEACH-KENDALL, FL METROPOLITAN DIVISION
Zoning & alternative use
6900:SEMI PROFESS OFFICE · Palmetto Bay, FL
Zoning 6900:SEMI PROFESS OFFICE · permitted uses
6900:SEMI PROFESS OFFICE · Palmetto Bay, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Palmetto Bay. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$830,000
WAREHOUSE, STORAGE
Est. value
$895,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$860,000
OFFICE BUILDING Current
WAREHOUSE, STORAGE
NEIGHBORHOOD: SHOPPING CENTER
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
1978
Heating
NONE
Current owner
From public records · entity-resolved
Lynwood LLC
Entity
Mailing address
PO BOX 565438, MIAMI, FL 33256-5438
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 5, 2015
—
Lynwood LLC
Cynwood LLC
Quit Claim Deed
related
—
Apr 24, 2013
$265,000
Cynwood LLC
Wells Fargo Bk NA
Grant Deed
—
Jun 23, 2011
$100
Fargo Bk NA Wells
Roura,samuel Coc
Trustees Deed
related
—
Nov 3, 2005
$740,000
Samuel Roura
S & J Medical INC
Warranty Deed
$440,000 · Wachovia Bank NA
Jan 24, 2001
$425,000
S & J Medical INC
Lopez-urizar,gladys
Grant Deed
$340,000 · Coconut Grove Bank
—
—
Gladys Lopez-urizar
—
Deed Of Trust
related
$25,995 · Individual
—
—
S & J Medical INC
—
Deed Of Trust
related
$364,000 · Bank Of America
—
—
S & J Medical INC
—
Deed Of Trust
related
$428,510 · Bank Of America
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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