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Property profile & analytics
OFF-MARKET
Estimated value
$10,020,000
Hotels
10505 36th St Doral, FL 33178-1801
Entity Owned
4-yr Hold
Free & Clear
Property ID
US19-0750186
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1999
Construction
CONCRETE
Total area
29,518 SF
Lot
1.82 ac (79,279 SF)
Zoning code
7600:INTENSIVE USE
APN
35-3029-001-0281
UPID
US19-0750186
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
$9.18M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$10.02M
Owner & transaction history
Desarollos Palma Setin LLC · 4 yrs held
Desarollos Palma Setin LLC
since 2022
Last sale
$10.3M
7 recorded transactions
Zoning & alternative use
7600:INTENSIVE USE · Doral, 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 Doral submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Doral 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
$10,380,000
ML approach
$9,175,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$13,830,000
Current use
MEDICAL BUILDING
$12,965,000
Change: -6% · Conversion: Difficult
RETAIL STORES
$12,080,000
Change: -13% · Conversion: Difficult
WAREHOUSE, STORAGE
$11,600,000
Change: -16% · Conversion: Difficult
Blend value · Realmo final
$10.02M
Range $9.02M – $11.02M · ±10% · vs last sale $10.26M (Jun 8 2022)
Last sale anchor
$10.26M
Jun 8 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
$339 / 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
$149,147
Tax year 2023
Assessed value
$8,600,000
Assessed 2023
Previous assessed
$4,900,000
+75.5% YoY
Effective rate
1.73%
On assessed value
Assessed land
$3,567,555
Assessed improvement
$5,032,445
Land market value
$3,567,555
Improvement market value
$5,032,445
Total market value
$8,600,000
Applied tax rate
3,500.0000
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
Hotels
Use group
HOTEL
Status
Off-Market
Year built
1999
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Buildings
2
Stories
4
Units
95
Total area
29,518 SF
Lot
1.82 ac (79,279 SF)
Zoning code
7600:INTENSIVE USE
APN
35-3029-001-0281
UPID
US19-0750186
Jurisdiction
DADE
Metro division
MIAMI-MIAMI BEACH-KENDALL, FL METROPOLITAN DIVISION
Zoning & alternative use
7600:INTENSIVE USE · Doral, FL
Zoning 7600:INTENSIVE USE · permitted uses
7600:INTENSIVE USE · Doral, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Doral. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$13.8M
MEDICAL BUILDING
Est. value
$13.0M
RETAIL STORES
Est. value
$12.1M
WAREHOUSE, STORAGE
Est. value
$11.6M
HOTEL/MOTEL Current
MEDICAL BUILDING
RETAIL STORES
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
1999
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
4
Buildings
2
Units
95
Lot
1.82 ac
Current owner
From public records · entity-resolved
Desarollos Palma Setin LLC
Entity
Free & Clear · 4 yrs held
Mailing address
1691 NW 107TH AVE, DORAL, FL 33172-2707
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
Jun 8, 2022
$10,263,500
Desarollos Palma Setin LLC
M 10505 Doral Hotel Owner LLC
Special Warranty Deed
—
Aug 26, 2015
$8,505,000
M-10505 Doral Hotel Owner LLC
10505 Northwest 36th Street Ho
Grant Deed
$9,800,000 · Bankunited Fsb
Aug 26, 2015
—
M-10505 Doral Hotel Owner LLC
10505 Northwest 36th Street Ho
Quit Claim Deed
related
—
Aug 4, 2011
$2,100
Northwest 36th Street Ho 10505
Moody Nat Tps Miami H LLC
Trustees Deed
related
—
May 22, 2007
$9,500,000
Moody Natl Tps Miami H LLC
Ruby Miami Airport
Grant Deed
related
—
May 1, 2007
$9,500,000
Moody Natl Tps Miami H LLC
Owner,record
Grant Deed
related
—
Jul 1, 2005
$6,417,900
Ruby Miami Airport LP
Rose Spe 1 LP
Special Warranty Deed
$31,995,000 · Merrill Lynch Mortgage Lending INC
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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