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Property profile & analytics
OFF-MARKET
Estimated value
$900,000
Retail space
455 Flagler Ave Homestead, FL 33030-6134
Individually Owned
2-yr Hold
~
Est. High Equity
Property ID
US18-4192051
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1945
Construction
CONCRETE
Total area
4,484 SF
Lot
0.32 ac (14,100 SF)
Zoning code
6600:COMMERCIAL,LIBERAL
APN
10-7918-008-1300
UPID
US18-4192051
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
-
Garcia Rafael Law Firm Security Service
-
The Pentecostals Of Homestead Church
-
Pentecostals of Homeastead Church
-
Reish Porta Building Supply
-
The Pentecostals Church
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$900k
CAP Approach
CAP
$1.17M
Comparable Approach
Comparable
$724k
Blend (final)
Blend
$900k
Owner & transaction history
Armando Llizo · 2 yrs held
Armando Llizo
since 2024
Last sale
$900,000
6 recorded transactions
Zoning & alternative use
6600:COMMERCIAL,LIBERAL · Homestead, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.5M
+57.5%
Office building
$1.4M
+46.6%
Neighborhood: shopping center
$1.3M
+35.2%
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 Homestead submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Homestead 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
$900,000
ML approach
$900,000
CAP Approach
CAP Return
Estimation
6%
$1,265,000
6.5%
$1,165,000
7%
$1,085,000
Alternative Use
Use
Estimation
RETAIL STORES
$950,000
Current use
COMMERCIAL (GENERAL)
$1,500,000
Change: +58% · Conversion: Easy
OFFICE BUILDING
$1,395,000
Change: +47% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$1,285,000
Change: +35% · Conversion: Moderate
WAREHOUSE, STORAGE
$960,000
Change: +1% · Conversion: Difficult
Blend value · Realmo final
$900k
Range $810k – $990k · ±10% · vs last sale $900k (Feb 22 2024)
Last sale anchor
$900k
Feb 22 2024
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
$201 / 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
$10,289
Tax year 2023
Assessed value
$485,527
Assessed 2023
Previous assessed
$485,527
+0.0% YoY
Effective rate
2.12%
On assessed value
Assessed land
$211,500
Assessed improvement
$274,027
Land market value
$211,500
Improvement market value
$274,027
Total market value
$485,527
Applied tax rate
1,000.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1945
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Stories
1
Total area
4,484 SF
Lot
0.32 ac (14,100 SF)
Zoning code
6600:COMMERCIAL,LIBERAL
APN
10-7918-008-1300
UPID
US18-4192051
Jurisdiction
DADE
Metro division
MIAMI-MIAMI BEACH-KENDALL, FL METROPOLITAN DIVISION
Zoning & alternative use
6600:COMMERCIAL,LIBERAL · Homestead, FL
Zoning 6600:COMMERCIAL,LIBERAL · permitted uses
6600:COMMERCIAL,LIBERAL · Homestead, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Homestead. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$950,000
COMMERCIAL (GENERAL)
Est. value
$1.5M
OFFICE BUILDING
Est. value
$1.4M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.3M
WAREHOUSE, STORAGE
Est. value
$960,000
RETAIL STORES Current
COMMERCIAL (GENERAL)
OFFICE BUILDING
NEIGHBORHOOD: SHOPPING CENTER
WAREHOUSE, STORAGE
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
1945
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.32 ac
Current owner
From public records · entity-resolved
Armando Llizo
Individual
Mailing address
455 N FLAGLER AVE, HOMESTEAD, FL 33030-6134
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 22, 2024
$900,000
Armando Llizo
Vertical Bridge Am II LLC
Special Warranty Deed
—
Jul 16, 2021
—
Vertical Bridge Am LLC
Vertical Bridge Am II LLC
Special Warranty Deed
—
Dec 23, 2020
—
Vertical Bridge Am II LLC
Vertical Bridge Dev LLC
Quit Claim Deed
related
—
Oct 23, 2019
—
Datapath Vertical Bridge LLC
—
Grant Deed
related
$250,000,000 · Toronto Dominion Tx
Jul 1, 2019
$98,700
Datapath Vertical Bridge
Telcom Systems Ltd
Warranty Deed
—
—
—
Willie Wade
—
Deed Of Trust
related
$94,500 · City National Bank Of Florida
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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