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Property profile & analytics
OFF-MARKET
Estimated value
$1,300,000
Warehouses
11340 208th Dr Miami, FL 33189-2231
Entity Owned
10-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-3520479
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1958
Construction
CONCRETE
Total area
10,044 SF
Lot
0.46 ac (20,000 SF)
Zoning code
7051
APN
30-6007-005-0450
UPID
US18-3520479
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
-
Discount Lawn Parts General Contractor Hardware & Home Improvement
-
Power Mower Sales (Bike/Boat/Book/etc) Store Garden Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.30M
Owner & transaction history
Austral Intl Marina Corp · 10 yrs held
Austral Intl Marina Corp
since 2016
7 recorded transactions
Zoning & alternative use
7051 · 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
$129 / 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
$12,367
Tax year 2023
Assessed value
$901,965
Assessed 2023
Previous assessed
$801,965
+12.5% YoY
Effective rate
1.37%
On assessed value
Assessed land
$600,000
Assessed improvement
$301,965
Land market value
$600,000
Improvement market value
$301,965
Total market value
$901,965
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1958
Construction
CONCRETE
Heating
NONE
Stories
1
Total area
10,044 SF
Lot
0.46 ac (20,000 SF)
Zoning code
7051
APN
30-6007-005-0450
UPID
US18-3520479
Jurisdiction
DADE
Metro division
MIAMI-MIAMI BEACH-KENDALL, FL METROPOLITAN DIVISION
Zoning & alternative use
7051 · Miami, FL
Zoning 7051 · permitted uses
7051 · 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
1958
Construction
CONCRETE
Heating
NONE
Stories
1
Lot
0.46 ac
Current owner
From public records · entity-resolved
Austral Intl Marina Corp
Entity
Mailing address
7350 SW 89TH STCU02, MIAMI, FL 33156-7683
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 16, 2022
—
Austral International Marina Corp
—
Deed
related
$980,000 · Rodolfo Dumenigo Etux
Oct 16, 2019
—
Austral Intl Marina Corp
—
Deed
related
$925,000 · Rodolfo Dumenigo
Sep 26, 2018
—
Austral Intl Marina Corp
—
Deed
related
$900,000 · Rodolfo Dumenigo
May 17, 2017
—
Austral Intl Marina Corp
—
Deed
related
$650,000 · Carlos Anllo
Mar 16, 2017
—
Austral Intl Marina Corp
—
Deed
related
$450,000 · Carlos Anllo
Jan 22, 2016
$900,000
Austral Intl Marina Corp
Spare Me II LLC
Warranty Deed
—
Jul 31, 2009
$600,000
Spare Me II LLC
Jeffrey Pritchett Wallace
Personal Representative Deed
$450,000 · First National Bank Of South Miami
—
—
Austral Intl Marina Corp
—
Deed Of Trust
related
$925,000 · Rodolfo Dumenigo
—
—
Austral Intl Marina Corp
—
Deed Of Trust
related
$450,000 · Carlos Anllo
—
—
Austral Intl Marina Corp
—
Loan Modification
related
$650,000 · Carlos Anllo
—
—
Austral Intl Marina Corp
—
Loan Modification
related
$650,000 · Carlos Anllo
—
—
Austral Intl Marina Corp
—
Deed Of Trust
related
$900,000 · Rodolfo Dumenigo
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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