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Property profile & analytics
OFF-MARKET
Estimated value
$500,000
Retail residential properties
1021 21st St Miami, FL 33127-4537
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US18-1592691
Property profile
Verified
Property type
Retail residential properties
Use group
STORES & APARTMENTS
Year built
1930
Construction
TYPE NOT SPECIFIED
Total area
1,755 SF
Lot
0.31 ac (13,585 SF)
Zoning code
7700:INDUSTRIAL,RESTRICT
APN
01-3126-054-0020
UPID
US18-1592691
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
-
The Signs Club Miami (Bike/Boat/Book/etc) Store Printing Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$415k
CAP Approach
CAP
$640k
Comparable Approach
Comparable
$525k
Blend (final)
Blend
$500k
Owner & transaction history
Tyg Development LLC · 4 yrs held
Tyg Development LLC
since 2022
Last sale
$500,000
7 recorded transactions
Zoning & alternative use
7700:INDUSTRIAL,RESTRICT · Miami, 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 Miami submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Miami 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
$480,000
ML approach
$415,000
CAP Approach
CAP Return
Estimation
6%
$690,000
6.5%
$640,000
7%
$590,000
Blend value · Realmo final
$500k
Range $450k – $550k · ±10% · vs last sale $500k (Mar 29 2022)
Last sale anchor
$500k
Mar 29 2022
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
$285 / 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
$23,057
Tax year 2023
Assessed value
$1,121,638
Assessed 2023
Previous assessed
$1,053,713
+6.4% YoY
Effective rate
2.06%
On assessed value
Assessed land
$1,086,800
Assessed improvement
$34,838
Land market value
$1,086,800
Improvement market value
$34,838
Total market value
$1,121,638
Applied tax rate
100.0000
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 residential properties
Use group
STORES & APARTMENTS
Status
Off-Market
Year built
1930
Construction
TYPE NOT SPECIFIED
Heating
NONE
Stories
2
Total area
1,755 SF
Lot
0.31 ac (13,585 SF)
Zoning code
7700:INDUSTRIAL,RESTRICT
APN
01-3126-054-0020
UPID
US18-1592691
Jurisdiction
DADE
Metro division
MIAMI-MIAMI BEACH-KENDALL, FL METROPOLITAN DIVISION
Zoning & alternative use
7700:INDUSTRIAL,RESTRICT · Miami, FL
Zoning 7700:INDUSTRIAL,RESTRICT · permitted uses
7700:INDUSTRIAL,RESTRICT · Miami, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Miami. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1930
Construction
TYPE NOT SPECIFIED
Heating
NONE
Stories
2
Lot
0.31 ac
Current owner
From public records · entity-resolved
Tyg Development LLC
Entity
Mailing address
3404 NW 7TH AVE, MIAMI, FL 33127-3306
Ownership since
2022
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
Mar 29, 2022
$500,000
Tyg Development LLC
Hawkins Park Land LLC
Special Warranty Deed
—
Jun 14, 2016
—
Hawkins Park Land LLC
—
Deed
related
$555,000 · Fox Janet L Trust (pt)
Oct 8, 2015
$755,000
Hawkins Park Land LLC
Villar,omar
Warranty Deed
—
Sep 3, 2013
—
Omar Villar
Blanco,judy T
Quit Claim Deed
related
—
Jun 7, 2010
—
Judy T Blanco
Villar,omar & Tania
Quit Claim Deed
related
—
Apr 1, 1999
$130,000
Omar Villar
Efthimiou,gus & Lola
Grant Deed
$97,500 · Seller
—
—
Hawkins Park Land LLC
—
Deed Of Trust
related
$555,000 · Fox Janet L Trust (pt)
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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