Realmo Analytics

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Financial
Distress signals
Property profile

826 Collins Ave Miami Beach, FL 33139

FOR SALE
Retail residential properties
Property ID
US18-8175378
13,225 SF 0.16 ac lot Built 1923
Last sale Jan 2023 · $5,000,000
Trust Owned Owner of record is a trust. 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This specialty commercial property is located at 826 Collins Ave in Miami-Dade County, within the Miami Beach market. The asset is characterized as a non-standard commercial configuration, and its suitability depends on how the existing layout supports a specific operator’s trade requirements; prospective occupants typically need to review space details directly to confirm compatibility. Evaluation is focused on the practical floor/space layout, customer and staff accessibility, and any restrictions or requirements that may be associated with its specialty designation.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$80k
Tax billed · 2023
Assessed value$8.35M
Assessed land$3.50M
Assessed improvement$4.85M
Effective rate0.96%

Value estimate

· Oct 2026
$3.88M
$3.49M – $4.27M
AI approach$3.99M
CAP approach$4.81M
NOI build-up
Gross scheduled income$349k
Vacancy & credit loss−$30k
Operating expenses−$96k
NOI · 372,706.67% cap applied$224k

Realmo valuation models over county records and 78 qualifying comparable sales.

Recently sold

What actually traded nearby?
$835/SF
ZIP average, outlier-cleaned · 25 recorded sales of this use type
Observed band · Q1–Q3$293 – $1,182
Qualifying comparables78

Cap rate analysis

How does the asset earn?
372,706.67%
$224k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
6501:COMMERCIAL
JurisdictionDADE

Location intelligence

Which uses thrive at this corner?
Best fit: Butcher
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Butcher8.9
Laundromat8.3
Nursing Home7.7

Location

826 Collins Ave Miami Beach, FL 33139
County assessor Recorded deeds · 8 transfers 78 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 13 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1057 Washington, Miami Beach, FL 33139-5017 $7,600,000 Feb 2023 9,050 SF
1665 Alton, Miami Beach, FL 33139-2428 $10,000,000 Sep 2022 14,063 SF
531 Michigan, Miami Beach, FL 33139-6317 $2,522,000 Jul 2022 8,858 SF
1208 Collins, Miami Beach, FL 33139-4607 $6,200,000 Mar 2020 17,164 SF
1452 Washington, Miami Beach, FL 33139-4112 $12,000,000 Feb 2020 13,786 SF
239 1st, Miami Beach, FL 33139-7340 $8,000,000 May 2019 8,544 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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