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Property profile & analytics
OFF-MARKET
Estimated value
$8,735,000
Hotels
11520 Kendall Dr Miami, FL 33176-1003
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US18-6182651
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1996
Construction
CONCRETE
Total area
44,259 SF
Lot
1.02 ac (44,379 SF)
Zoning code
6200:COMMERCIAL,ARTERIAL
APN
30-5006-000-0592
UPID
US18-6182651
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
$8.78M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$10.71M
Blend (final)
Blend
$8.74M
Owner & transaction history
Bd 11520 LLC · 3 yrs held
Bd 11520 LLC
since 2022
Last sale
$8.8M
7 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
Method
Estimation
Statistic approach
$8,515,000
ML approach
$8,775,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$8.74M
Range $7.86M – $9.61M · ±10% · vs last sale $8.83M (Oct 19 2022)
Last sale anchor
$8.83M
Oct 19 2022
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
$197 / 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
$110,852
Tax year 2023
Assessed value
$6,500,000
Assessed 2023
Previous assessed
$5,100,000
+27.5% YoY
Effective rate
1.71%
On assessed value
Assessed land
$2,130,192
Assessed improvement
$4,369,808
Land market value
$2,130,192
Improvement market value
$4,369,808
Total market value
$6,500,000
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
Hotels
Use group
HOTEL
Status
Off-Market
Year built
1996
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Stories
4
Units
66
Bathrooms
66
Total area
44,259 SF
Lot
1.02 ac (44,379 SF)
Zoning code
6200:COMMERCIAL,ARTERIAL
APN
30-5006-000-0592
UPID
US18-6182651
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
1996
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
4
Units
66
Bathrooms
66
Lot
1.02 ac
Current owner
From public records · entity-resolved
Bd 11520 LLC
Entity
Mailing address
13001 ZAMBRANA ST, CORAL GABLES, FL 33156-6439
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 19, 2022
$8,825,000
Bd 11520 LLC
Kendall Hospitality LLC
Warranty Deed
$5,400,000 · Bank Of America NA
Nov 14, 2019
$7,507,500
Kendall Hospitality LLC
Hit Portfolio I Owner LLC
Grant Deed
$4,439,000 · Amerant Bk NA
May 18, 2017
—
Hit Portfolio I Owner LLC
—
Deed
related
$793,592,228 · Deutsche Bk Ag/ny Branch
Mar 13, 2015
$7,607,400
Arc Hospitality Portfolio I Ow
W2007 Equity Inns Realty LLC
Grant Deed
—
Nov 29, 2007
—
W2007 Equity Inns Realty LLC
W2007 Equity Inns Ptshp
Quit Claim Deed
related
—
Jul 1, 1998
$8,285,800
Equity Inns Partnership LP
Prime Hospitality Corp
Grant Deed
related
—
—
—
W2007 Equity Inns Realty LLC
—
Loan Modification
related
$865,000,000 · German Am Cap
—
—
Hit Portfolio I Owner LLC
—
Loan Modification
related
$793,592,228 · Deutsche Bk Ag/ny Branch
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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