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Property profile & analytics
OFF-MARKET
Estimated value
$7,440,000
Banks
1190 163rd St North Miami Beach, FL 33162-4516
Entity Owned
~
Est. High Equity
Property ID
US18-4654400
Property profile
Verified
Property type
Banks
Use group
FINANCIAL BUILDING
Year built
2012
Construction
CONCRETE
Total area
4,566 SF
Lot
0.96 ac (41,818 SF)
Zoning code
6400:COMMERCIAL,CENTRAL
APN
07-2217-029-0010
UPID
US18-4654400
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
$7.21M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$5.13M
Blend (final)
Blend
$7.44M
Owner & transaction history
Platinum Courtyard LLC
Platinum Courtyard LLC
since 2025
Last sale
$7.7M
7 recorded transactions
Zoning & alternative use
6400:COMMERCIAL,CENTRAL · North Miami Beach, 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 North Miami Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs North Miami Beach 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
$7,160,000
ML approach
$7,205,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$7.44M
Range $6.70M – $8.18M · ±10% · vs last sale $7.70M (Jan 19 2022)
Last sale anchor
$7.70M
Jan 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
$1,629 / 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
$132,525
Tax year 2023
Assessed value
$6,200,000
Assessed 2023
Previous assessed
$4,730,000
+31.1% YoY
Effective rate
2.14%
On assessed value
Assessed land
$4,599,980
Assessed improvement
$1,600,020
Land market value
$4,599,980
Improvement market value
$1,600,020
Total market value
$6,200,000
Applied tax rate
700.0000
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
Banks
Use group
FINANCIAL BUILDING
Status
Off-Market
Year built
2012
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Buildings
2
Stories
3
Total area
4,566 SF
Lot
0.96 ac (41,818 SF)
Zoning code
6400:COMMERCIAL,CENTRAL
APN
07-2217-029-0010
UPID
US18-4654400
Jurisdiction
DADE
Metro division
MIAMI-MIAMI BEACH-KENDALL, FL METROPOLITAN DIVISION
Zoning & alternative use
6400:COMMERCIAL,CENTRAL · North Miami Beach, FLZoning 6400:COMMERCIAL,CENTRAL · permitted uses
6400:COMMERCIAL,CENTRAL · North Miami Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Official NMB Zoning Map
Building & site characteristics
From public records
Year built
2012
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
3
Buildings
2
Lot
0.96 ac
Current owner
From public records · entity-resolved
Platinum Courtyard LLC
Entity
Mailing address
11693 SAN VICENTE BLVD #378, LOS ANGELES, CA 90049-5105
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
Aug 11, 2025
$1,643,497
Platinum Courtyard LLC
Platinum Courtyard LLC
Warranty Deed
related
—
Jan 19, 2022
$7,700,000
Platinum Courtyard LLC
Baskir Capital Management LLC
Warranty Deed
—
Apr 2, 2019
$6,600,000
Baskir Capital Management LLC
Jagil 163rd Street LLC
Grant Deed
—
Aug 13, 2018
$210,000
Echad Holdings II LLC
Jagil 163r Street Residl LLC
Grant Deed
related
—
Jun 26, 2017
—
Jagil 163rd Street LLC
—
Deed
related
$2,787,816 · City Nat'l Bk/fl
Jul 27, 2012
—
Jagil 163rd Street Residl LLC
Jagil 163rd Street LLC
Quit Claim Deed
related
—
Sep 1, 2011
$2,550,000
Jagil 163rd Street LLC
1190 Building Co INC
Warranty Deed
—
Sep 1, 2011
—
Jagil 163rd Street LLC
1190 Building Co INC
Quit Claim Deed
related
—
Mar 24, 1998
—
Hoch Beiswenger
—
Deed Of Trust
related
$1,000,000 · Nationsbank
—
—
1190 Building Co INC
—
Deed Of Trust
related
$1,270,000 · Totalbank
—
—
Jagil 163rd Street LLC
—
Deed Of Trust
related
$3,000,000 · City National Bank Of Florida
—
—
Jagil 163rd Street LLC
—
Loan Modification
related
$2,787,816 · City Nat'l Bk/fl
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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