New search
Property profile & analytics
OFF-MARKET
Estimated value
$905,000
Turn key restaurants
114 54th St, Miami, FL 33137-2416
Entity Owned
1-yr Hold
Free & Clear
Property ID
US18-8422715
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1981
Construction
CONCRETE
Total area
2,146 SF
Lot
0.18 ac (8,000 SF)
Zoning code
6101
APN
01-3124-008-0090
UPID
US18-8422715
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
-
Chez Le Bebe Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$655k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$977k
Blend (final)
Blend
$905k
Owner & transaction history
Roche A Bateau LLC · 1 yrs held
Roche A Bateau LLC
since 2025
Last sale
$1.1M
7 recorded transactions
Zoning & alternative use
6101 · 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
Method
Estimation
Statistic approach
$745,000
ML approach
$655,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$1,405,000
Change: -12% · Conversion: Difficult
RETAIL STORES
$1,340,000
Change: -16% · Conversion: Easy
OFFICE BUILDING
$1,320,000
Change: -17% · Conversion: Moderate
Blend value · Realmo final
$905k
Range $815k – $996k · ±10% · vs last sale $1.07M (May 23 2025)
Last sale anchor
$1.07M
May 23 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
$422 / 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
$13,744
Tax year 2023
Assessed value
$710,223
Assessed 2023
Previous assessed
$630,091
+12.7% YoY
Effective rate
1.94%
On assessed value
Assessed land
$560,000
Assessed improvement
$150,223
Land market value
$560,000
Improvement market value
$150,223
Total market value
$710,223
Applied tax rate
100.0000
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1981
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Stories
1
Total area
2,146 SF
Lot
0.18 ac (8,000 SF)
Zoning code
6101
APN
01-3124-008-0090
UPID
US18-8422715
Jurisdiction
DADE
Metro division
MIAMI-MIAMI BEACH-KENDALL, FL METROPOLITAN DIVISION
Zoning & alternative use
6101 · Miami, FL
Zoning 6101 · permitted uses
6101 · 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.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE
Est. value
$1.4M
RETAIL STORES
Est. value
$1.3M
OFFICE BUILDING
Est. value
$1.3M
AUTO REPAIR, GARAGE
RETAIL STORES
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1981
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.18 ac
Current owner
From public records · entity-resolved
Roche A Bateau LLC
Entity
Free & Clear · 1 yrs held
Mailing address
20001 E OAKMONT DR, HIALEAH, FL 33015-2048
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
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 23, 2025
$1,070,000
Roche A Bateau LLC
20001 E Oakmont LLC
Warranty Deed
—
Aug 24, 2018
—
20001 E Oakmont LLC
—
Deed
related
$325,000 · Taylor Made Lending LLC
May 30, 2018
—
20001 E Oakmont LLC
14 Ne 54th Street LLC
Quit Claim Deed
related
—
Aug 26, 2013
$550,000
114 Ne 54 Street LLC
Mayor,bernardo
Warranty Deed
$150,000 · Jbs Financial Group INC
Jan 14, 2013
—
Bernardo Mayor
Mayor,bernardo
Quit Claim Deed
related
—
Sep 19, 2007
—
Bernardo A
Mayor,rafael D
Quit Claim Deed
—
Feb 28, 2007
—
Bernardo Mayor
Mayor,rafael
Quit Claim Deed
related
—
Jan 4, 2006
$224,000
Rafael Mayor
Lamothe,marie R
Warranty Deed
$100,000 · Boothby William G Fam Tr (tr)
—
—
Bernardo Mayor
—
Deed Of Trust
related
$260,000 · American First Equity LLC
—
—
Bernardo Mayor
—
Deed Of Trust
related
$260,000 · Stauber Edward & B Tr (pt)
—
—
Bernardo Mayor
—
Deed Of Trust
related
$260,000 · Stauber Edward Trust (pt)
—
—
20001 E Oakmont LLC
—
Deed Of Trust
related
$325,000 · Taylor Made Lending 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 114 54th St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
