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Property profile & analytics
OFF-MARKET
Motels
11102 Biscayne Blvd Miami, FL 33181-3405
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US18-3324642
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1951
Construction
CONCRETE
Total area
3,656 SF
Lot
0.71 ac (30,993 SF)
Zoning code
6200:COMMERCIAL,ARTERIAL
APN
30-2232-004-0320
UPID
US18-3324642
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
-
Nexx Motel - Biscayne Hotel & Motel
-
Sun N Surf Inn Hotel & Motel
-
On Sale Fare Travel Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Prestige Yachtlife LLC · 1 yrs held
Prestige Yachtlife LLC
since 2025
Last sale
$5.0M
4 recorded transactions
Zoning & alternative use
6200:COMMERCIAL,ARTERIAL · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$36,499
Tax year 2023
Assessed value
$2,277,084
Assessed 2023
Previous assessed
$2,067,264
+10.1% YoY
Effective rate
1.60%
On assessed value
Assessed land
$1,919,760
Assessed improvement
$357,324
Land market value
$1,919,760
Improvement market value
$357,324
Total market value
$2,277,084
Applied tax rate
3,000.0000
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
Motels
Use group
MOTEL
Status
Off-Market
Year built
1951
Construction
CONCRETE
Heating
NONE
Buildings
2
Stories
1
Units
24
Bathrooms
24
Total area
3,656 SF
Lot
0.71 ac (30,993 SF)
Zoning code
6200:COMMERCIAL,ARTERIAL
APN
30-2232-004-0320
UPID
US18-3324642
Jurisdiction
DADE
Metro division
MIAMI-MIAMI BEACH-KENDALL, FL METROPOLITAN DIVISION
Zoning & alternative use
6200:COMMERCIAL,ARTERIAL · Miami, FL
Zoning 6200:COMMERCIAL,ARTERIAL · permitted uses
6200:COMMERCIAL,ARTERIAL · 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
1951
Construction
CONCRETE
Heating
NONE
Stories
1
Buildings
2
Units
24
Bathrooms
24
Lot
0.71 ac
Current owner
From public records · entity-resolved
Prestige Yachtlife LLC
Entity
Mailing address
11102 BISCAYNE BLVD, MIAMI, FL 33181-3405
Mailing matches property
Yes
Owner-occupied
Yes
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 27, 2025
$5,000,000
Prestige Yachtlife LLC
Sunmira INC
Warranty Deed
$7,400,000 · Us Century Bank
Apr 20, 2023
—
Nexx Office LLC
Sunmira INC
Lease
—
Sep 1, 2011
$1,200,000
Sunmira INC
Sun N Surf Motel Of Miami INC
Warranty Deed
$625,000 · Totalbank
—
—
Sunmira INC
—
Deed Of Trust
related
$625,000 · Totalbank
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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