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Property profile & analytics
OFF-MARKET
Estimated value
$7,800,000
Office buildings
11 12th St Hialeah, FL 33010-3529
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US18-4109774
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1948
Construction
CONCRETE
Total area
1,575 SF
Lot
0.31 ac (13,500 SF)
Zoning code
4300:MULTI-FAMILY,2 STORY
APN
04-3118-003-1930
UPID
US18-4109774
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
-
Happy Babies Daycare Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$7.80M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$7.80M
Owner & transaction history
Habitat Rentals LLC · 2 yrs held
Habitat Rentals LLC
since 2024
Last sale
$7.8M
7 recorded transactions
Zoning & alternative use
4300:MULTI-FAMILY,2 STORY · Hialeah, 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 Hialeah submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hialeah 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
$7,800,000
ML approach
$7,800,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$7.80M
Range $7.02M – $8.58M · ±10% · vs last sale $7.80M (Jan 24 2024)
Last sale anchor
$7.80M
Jan 24 2024
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
$4,952 / 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
$10,576
Tax year 2023
Assessed value
$563,500
Assessed 2023
Previous assessed
$525,963
+7.1% YoY
Effective rate
1.88%
On assessed value
Assessed land
$553,500
Assessed improvement
$10,000
Land market value
$553,500
Improvement market value
$10,000
Total market value
$563,500
Applied tax rate
400.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1948
Construction
CONCRETE
Heating
NONE
Stories
1
Bathrooms
2
Total area
1,575 SF
Lot
0.31 ac (13,500 SF)
Zoning code
4300:MULTI-FAMILY,2 STORY
APN
04-3118-003-1930
UPID
US18-4109774
Jurisdiction
DADE
Metro division
MIAMI-MIAMI BEACH-KENDALL, FL METROPOLITAN DIVISION
Zoning & alternative use
4300:MULTI-FAMILY,2 STORY · Hialeah, FL
Zoning 4300:MULTI-FAMILY,2 STORY · permitted uses
4300:MULTI-FAMILY,2 STORY · Hialeah, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Hialeah. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1948
Construction
CONCRETE
Heating
NONE
Stories
1
Bathrooms
2
Lot
0.31 ac
Current owner
From public records · entity-resolved
Habitat Rentals LLC
Entity
Mailing address
4156 NW 21ST AVE, OAKLAND PARK, FL 33309-3630
Ownership since
2024
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
Jan 24, 2024
$7,800,000
Habitat Rentals LLC
1105 Palm Avenue Qozb LLC
Warranty Deed
—
Mar 27, 2023
—
1105 Palm Avenue Qozb LLC
—
Deed
related
$5,250,000 · Brpx LLC
Aug 11, 2021
$3,720,000
1105 Palm Avenue Qozb LLC
1105 Palm Avenue LLC
Warranty Deed
—
Jan 8, 2021
—
1105 Palm Avenue LLC
—
Deed
related
$3,464,000 · Brpsyndicate LLC
Jan 30, 2020
$765,000
1105 Palm Avenue LLC
Juan N Olazabal
Grant Deed
—
Dec 7, 1998
$150,000
Juan N Olazabal
Urda,jose E & Limbania E
Grant Deed
$142,500 · Commonwealth United Mtg Co
—
—
1105 Palm Avenue LLC
—
Deed Of Trust
related
$3,464,000 · Brpsyndicate LLC
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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