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Property profile & analytics
OFF-MARKET
Estimated value
$37,370,000
Theaters & concert halls
10551 88th St Doral, FL 33178-4660
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-7799171
Property profile
Verified
Property type
Theaters & concert halls
Use group
THEATER (MOVIE)
Year built
2017
Total area
31,723 SF
Lot
6.58 ac (286,538 SF)
Zoning code
4802:TRADITIONAL NBH DIST
APN
35-3008-005-2600
UPID
US18-7799171
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$37.37M
Owner & transaction history
Grand Bay At Doral Master Assn INC · 1 yrs held
Grand Bay At Doral Master Assn INC
since 2025
Last sale
$39.6M
3 recorded transactions
Zoning & alternative use
4802:TRADITIONAL NBH DIST · 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
$32,895,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$37.37M
Range $33.63M – $41.11M · ±10% · vs last sale $39.61M (Apr 1 2025)
Last sale anchor
$39.61M
Apr 1 2025
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
$1,178 / 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
$187,293
Tax year 2023
Assessed value
$10,736,118
Assessed 2023
Previous assessed
$10,790,798
-0.5% YoY
Effective rate
1.74%
On assessed value
Assessed land
$5,444,222
Assessed improvement
$5,291,896
Land market value
$5,444,222
Improvement market value
$5,291,896
Total market value
$10,736,118
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
Theaters & concert halls
Use group
THEATER (MOVIE)
Status
Off-Market
Year built
2017
Heating
NONE
Cooling
AC.CHILLED WATER
Stories
2
Total area
31,723 SF
Lot
6.58 ac (286,538 SF)
Zoning code
4802:TRADITIONAL NBH DIST
APN
35-3008-005-2600
UPID
US18-7799171
Jurisdiction
DADE
Metro division
MIAMI-MIAMI BEACH-KENDALL, FL METROPOLITAN DIVISION
Zoning & alternative use
4802:TRADITIONAL NBH DIST · Doral, FL
Zoning 4802:TRADITIONAL NBH DIST · permitted uses
4802:TRADITIONAL NBH DIST · 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.
Building & site characteristics
From public records
Year built
2017
Heating
NONE
Cooling
Yes
Stories
2
Lot
6.58 ac
Current owner
From public records · entity-resolved
Grand Bay At Doral Master Assn INC
Entity
Free & Clear · 1 yrs held
Mailing address
730 NW 107TH AVE STE #300, MIAMI, FL 33172-3104
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 1, 2025
—
Grand Bay At Doral Master Assn INC
Grand Bay At Doral Master Assn INC
Deed
related
—
Dec 18, 2024
$39,607,200
Grand Bay At Doral Master Assn INC
Flordade LLC
Special Warranty Deed
—
Jan 11, 2016
—
Grand Bay Of Doral Cmnty Dev Dist
Flordade LLC
Quit Claim Deed
related
—
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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