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Property profile & analytics
OFF-MARKET
Estimated value
$16,925,000
Commercial land
11121 Biscayne Blvd Miami, FL 33181-3470
Entity Owned
10-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-8298054
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
1960
Total area
60,000 SF
Lot
9.63 ac (419,483 SF)
Zoning code
6400:COMMERCIAL,CENTRAL
APN
30-2232-009-0010
UPID
US18-8298054
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
$21.81M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$16.93M
Owner & transaction history
Bvk LLC · 10 yrs held
Bvk LLC
since 2015
7 recorded transactions
Zoning & alternative use
6400:COMMERCIAL,CENTRAL · Miami, FL
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$23,625,000
6.5%
$21,810,000
7%
$20,250,000
Blend value · Realmo final
$16.93M
Range $15.23M – $18.62M · ±10%
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
$282 / 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
$237,120
Tax year 2023
Assessed value
$17,333,330
Assessed 2023
Previous assessed
$11,149,121
+55.5% YoY
Effective rate
1.37%
On assessed value
Assessed land
$17,333,330
Land market value
$17,333,330
Total market value
$17,333,330
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Year built
1960
Heating
NONE
Total area
60,000 SF
Lot
9.63 ac (419,483 SF)
Zoning code
6400:COMMERCIAL,CENTRAL
APN
30-2232-009-0010
UPID
US18-8298054
Jurisdiction
DADE
Metro division
MIAMI-MIAMI BEACH-KENDALL, FL METROPOLITAN DIVISION
Zoning & alternative use
6400:COMMERCIAL,CENTRAL · Miami, FLZoning 6400:COMMERCIAL,CENTRAL · permitted uses
6400:COMMERCIAL,CENTRAL · Miami, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Planning and Zoning
Building & site characteristics
From public records
Year built
1960
Heating
NONE
Lot
9.63 ac
Current owner
From public records · entity-resolved
Bvk LLC
Entity
Mailing address
3501 N OCEAN DR APT 4F, HOLLYWOOD, FL 33019-3817
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
34 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 13, 2015
$5,000
Bvk LLC
Dorow,w A JR
Quit Claim Deed
related
—
Jul 17, 2014
$3,250,000
Apeiron Miami LLC
Jockey Segal LLC
Warranty Deed
—
Jun 28, 2012
$8,200,000
Jockey Segal LLC
Jc Property 2010 LLC
Grant Deed
—
Sep 17, 2010
$5,000,100
Jc Property 2010 LLC
Cineret LLC Coc
Trustees Deed
—
Jul 3, 2008
—
Emc Mortgage Corp
Cwabs II INC Lft 2005-2
Quit Claim Deed
related
—
Jul 3, 2008
$450,000
William M Pizzorni
Emc Mortgage Corp
Grant Deed
—
Feb 1, 2007
—
Cwabs II INC Lft 2005-2
Tony,yolene Coc
Trustees Deed
related
—
Apr 13, 2005
$9,646,000
Tifeeret LLC
Jupiter Miami Building LLC
Grant Deed
—
Jan 26, 2005
$500,000
Louis Baptiste
Giarratano,robert & Leonor
Warranty Deed
$400,000 · Long Beach Mortgage Co
Aug 24, 2004
$105,000
Barbara R Herman
Herman,barbara R
Quit Claim Deed
related
$337,500 · Ocean Bank
Jul 29, 2004
—
Denise M Lindsay
Natoli,frank
Grant Deed
related
—
May 7, 2002
—
Jupiter Miami Building LLC
Agincourt IV LLC
Grant Deed
related
—
Jun 28, 2000
$1,210,000
Agincourt IV LLC
Jockey Holding INC
Grant Deed
—
—
—
Julian Fernandez
—
Deed Of Trust
related
$43,410 · Great Florida Bank
—
—
Hermann Z Reveron
—
Deed Of Trust
related
$73,000 · Citimortgage INC
—
—
Robert Venuti JR.
—
Deed Of Trust
related
$200,000 · First Financial Equities INC
—
—
Lauren G Anscher
—
Deed Of Trust
related
$120,000 · Bank Of America
—
—
Nicholas Martinelli
—
Deed Of Trust
related
$141,000 · Countrywide Home Loans INC
—
—
Integrated Equities
—
Deed Of Trust
related
$113,750 · Washington Mutual Fsb
—
—
Barry P Nierenberg
—
Deed Of Trust
related
$51,400 · Southtrust Bank NA
—
—
Pedro J Telemaco
—
Deed Of Trust
related
$35,000 · Long Beach Mortgage Co
—
—
Paul Berkowitz
—
Deed Of Trust
related
$150,000 · Totalbank
—
—
Alexander Morales
—
Deed Of Trust
related
$150,000 · Bankatlantic Fsb
—
—
J L Eisenberg
—
Deed Of Trust
related
$180,000 · Rbc Mortgage Co
—
—
Richard S Wolfson
—
Deed Of Trust
related
$107,536 · Countrywide Home Loans INC
—
—
Apeiron Miami LLC
—
Deed Of Trust
related
$21,000,000 · Romspen Mtg
—
—
Ruthie M Ellington
—
Deed Of Trust
related
$49,473 · Aames Home Loan
—
—
Antonio Rivero
—
Deed Of Trust
related
$135,750 · Encore Mortgage Service
—
—
Joseph E Hararri
—
Deed Of Trust
related
$90,000 · National City Bank
—
—
Cristina Ziegert
—
Deed Of Trust
related
$20,000 · Suntrust Bank NA
—
—
Joseph F Urbansky
—
Deed Of Trust
related
$50,000 · Citibank Fsb
—
—
Hermann Z Reveron
—
Deed Of Trust
related
$77,000 · Citimortgage INC
—
—
Sondra Mamber
—
Deed Of Trust
related
$20,000 · Equity Lenders
—
—
Joseph Harari
—
Deed Of Trust
related
$480,000 · National City Mortgage Co
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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