Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    100 Almeria Ave Coral Gables, FL 33134-6023

    • Office buildings
    • 40,541 SF
    • 0.34 lot acres
    OFF-MARKET
    Last Sale
    Oct 28, 2024
    $2,250,000
    Value Estimations
    $2,250,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US18-4633326
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Office buildings

    Property Details for 100 Almeria Ave

    Year built
    1981
    Construction
    CONCRETE
    Lot size
    0.34 lot acres
    Property size
    40,541 SF
    Zone code
    6600:COMMERCIAL,LIBERAL
    Property type
    Office buildings
    APN
    03-4117-005-3810
    APU
    341170053810

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $2,250,000
      ML approach
      $2,250,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,826,000
      Market price range: $1.83M - $8.89M

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Coral Gables
    County
    Miami-dade
    State
    Florida
    Longitude
    -80.2569
    Latitude
    25.747
    CBSA code
    33100
    CBSA name
    MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $95,142
    $5,250,000
    $10,000
    $5,260,000
    -
    $5,250,000
    $10,000
    $5,260,000

    Comparable in this City

    • Value Estimation by Request

      814 Ponce De Leon Blvd Ste, Unit 209

      OFFICE BUILDING (MULTI-STORY)
      814 Ponce De Leon Blvd Ste, Coral Gables, FL 33134-3032
      View Details
    • Value Estimation by Request
      876 SF

      1600 Ponce De Leon Blvd Ste, Unit 1104

      OFFICE BUILDING (MULTI-STORY) • 876 SF
      1600 Ponce De Leon Blvd Ste, Coral Gables, FL 33134-4072
      View Details
    • Value Estimation by Request
      2,289 SF

      2100 Ponce De Leon Blvd Ste, Unit 1201

      OFFICE BUILDING (MULTI-STORY) • 2,289 SF
      2100 Ponce De Leon Blvd Ste, Coral Gables, FL 33134-5201
      View Details
    • Value Estimation
      $620,000
      2,025 SF

      35 Almeria Ave

      OFFICE BUILDING • 2,025 SF
      35 Almeria Ave, Coral Gables, FL 33134-6118
      View Details
    • Value Estimation
      $530,000
      1,600 SF

      124 Almeria Ave

      PROFESSIONAL BUILDING • 1,600 SF
      124 Almeria Ave, Coral Gables, FL 33134-6009
      View Details
    • Value Estimation
      $1,310,000
      5,537 SF

      353 Alcazar Ave

      OFFICE BUILDING • 5,537 SF
      353 Alcazar Ave, Coral Gables, FL 33134-4313
      View Details

    Similar Nearby for Sale

    • $8,999,900

      Coral Gables Office Building For Sale

      Office building in Coral Gables with owner financing available.
      306 Alcazar Ave, Coral Gables, FL 33134
      View Details
    • Contact for pricing

      Coral Gables Office Retail Building

      Office and retail property in a prime Coral Gables location.
      299 Alhambra Cir, Coral Gables, FL 33134
      View Details
    • Contact for pricing

      Coral Gables Office and Retail

      Office and retail space in a prime Coral Gables location.
      299 Alhambra Cir, Coral Gables, FL 33134
      View Details
    • Contact for pricing

      Renovated Retail/Office Building on Calle Ocho

      4,900 SF renovated building on Calle Ocho with parking.
      4725 SW 8Th St, Miami, FL 33134
      View Details
    • Contact for pricing

      Coral Gables Office and Retail

      Office and retail property in a prime Coral Gables location.
      299 Alhambra Cir, Coral Gables, FL 33134
      View Details
    • Contact for pricing

      Coral Gables Office Retail Building

      Office and retail property in prime Coral Gables location.
      299 Alhambra Cir, Coral Gables, FL 33134
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      221,335 SF

      Class-A Office Building in Coral Gables

      Prime Coral Gables location with modern design and amenities.
      201-255 Alhambra Cir, Coral Gables, FL 33134
      View Details
    • Contact for pricing
      3,273 SF

      Boutique Office Building in Coral Gables

      Move-in ready, renovated Class A office in central Coral Gables.
      121-127 Almeria Ave, Coral Gables, FL 33134
      View Details
    • Contact for pricing
      21,806 SF

      Modern Office Building in Coral Gables

      Class A office space with modern design and rooftop terrace.
      2990 Ponce De Leon Blvd, Coral Gables, FL 33134
      View Details
    • Contact for pricing
      8,375 SF

      Class A Office Space Available

      Landmark Coral Gables office building with high-end finishes.
      550 Biltmore Way, Coral Gables, FL 33134
      View Details
    • Contact for pricing
      13,249 SF

      Coral Gables Office Building

      Six-story office building in the Gables business district.
      2555 Ponce De Leon Blvd, Coral Gables, FL 33134
      View Details
    • Contact for pricing
      9,960 SF

      Class A Office Space Available

      Modern Coral Gables office building with renovated spaces for rent.
      999 Ponce De Leon Blvd, Coral Gables, FL 33134
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    100 Almeria Ave
    Coral Gables, FL 33134-6023
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!