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Property profile & analytics
OFF-MARKET
Office buildings
9757 Indigo St Palmetto Bay, FL 33157-5643
Entity Owned
17-yr Hold
~
Est. High Equity
Property ID
US18-5790671
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
1954
Construction
CONCRETE
Total area
1,374 SF
Lot
0.33 ac (14,500 SF)
Zoning code
6200:COMMERCIAL,ARTERIAL
APN
33-5032-004-3061
UPID
US18-5790671
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
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Rfg 62 LLC · 17 yrs held
Rfg 62 LLC
since 2009
7 recorded transactions
Zoning & alternative use
6200:COMMERCIAL,ARTERIAL · Palmetto Bay, 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 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$12,981
Tax year 2023
Assessed value
$927,945
Assessed 2023
Previous assessed
$596,157
+55.7% YoY
Effective rate
1.40%
On assessed value
Assessed land
$797,500
Assessed improvement
$130,445
Land market value
$797,500
Improvement market value
$130,445
Total market value
$927,945
Applied tax rate
3,300.0000
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
PROFESSIONAL BUILDING
Status
Off-Market
Year built
1954
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Stories
1
Bathrooms
1
Total area
1,374 SF
Lot
0.33 ac (14,500 SF)
Zoning code
6200:COMMERCIAL,ARTERIAL
APN
33-5032-004-3061
UPID
US18-5790671
Jurisdiction
DADE
Metro division
MIAMI-MIAMI BEACH-KENDALL, FL METROPOLITAN DIVISION
Zoning & alternative use
6200:COMMERCIAL,ARTERIAL · Palmetto Bay, FL
Zoning 6200:COMMERCIAL,ARTERIAL · permitted uses
6200:COMMERCIAL,ARTERIAL · 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.
Building & site characteristics
From public records
Year built
1954
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Bathrooms
1
Lot
0.33 ac
Current owner
From public records · entity-resolved
Rfg 62 LLC
Entity
Mailing address
9757 E INDIGO ST, MIAMI, FL 33157-5643
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2009
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 23, 2019
—
Rfg 62 LLC
—
Deed
related
$222,500 · Capital Bk
Apr 3, 2009
$425,000
Rfg 62 LLC
9757 Indigo Street LLC
Warranty Deed
$222,500 · Tib Bank
Mar 28, 2008
—
9757 Indigo Street LLC
—
Trustees Deed
related
—
Feb 16, 2006
$340,000
9757 Indigo Street LLC
Ness,laura A
Warranty Deed
$238,000 · Coconut Grove Bank
Feb 16, 2006
—
Laura A Ness
Ness,charles P
Quit Claim Deed
—
—
—
Rfg 62 LLC
—
Loan Modification
related
$222,500 · Capital Bk
—
—
9757 Indigo Street LLC
—
Deed Of Trust
related
$224,930 · Coconut Grove Bank
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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