Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$6,060,000
Automotive properties
1200 57th Ave Miami, FL 33126-2012
Entity Owned
4-yr Hold
Free & Clear
Property ID
US18-4336955
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
1954
Construction
CONCRETE
Total area
5,910 SF
Lot
1.19 ac (51,963 SF)
Zoning code
7100:INDUSTRIAL,LIGHT MFG
APN
30-3131-007-0102
UPID
US18-4336955
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
-
Vacation Yacht Rental Boats and Mantions Miami Boat Rental Service
-
Cèrto Italian Restaurant (Events Room available) Restaurant
-
Cèrto Restaurant
-
Viejo Food Market Grocery & Convenience Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$6.99M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$7.25M
Blend (final)
Blend
$6.06M
Owner & transaction history
State Of Florida Department Of Tran · 4 yrs held
State Of Florida Department Of Tran
since 2021
Last sale
$4.5M
4 recorded transactions
Zoning & alternative use
7100:INDUSTRIAL,LIGHT MFG · Miami, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
Planning and Zoning
Top alternative use upside
Industrial (general)
$9.2M
+137.5%
Restaurant
$4.4M
+13.4%
Commercial (general)
$4.4M
+13.1%
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
$7,075,000
ML approach
$6,990,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$3,865,000
Current use
INDUSTRIAL (GENERAL)
$9,180,000
Change: +138% · Conversion: Easy
RESTAURANT
$4,385,000
Change: +13% · Conversion: Difficult
COMMERCIAL (GENERAL)
$4,370,000
Change: +13% · Conversion: Moderate
Blend value · Realmo final
$6.06M
Range $5.45M – $6.67M · ±10% · vs last sale $4.50M (Nov 5 2020)
Last sale anchor
$4.50M
Nov 5 2020
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
$1,025 / 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
$63,782
Tax year 2023
Assessed value
$3,740,000
Assessed 2023
Previous assessed
$3,740,000
+0.0% YoY
Effective rate
1.71%
On assessed value
Assessed land
$1,818,705
Assessed improvement
$1,921,295
Land market value
$1,818,705
Improvement market value
$1,921,295
Total market value
$3,740,000
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
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Year built
1954
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Buildings
4
Stories
1
Total area
5,910 SF
Lot
1.19 ac (51,963 SF)
Zoning code
7100:INDUSTRIAL,LIGHT MFG
APN
30-3131-007-0102
UPID
US18-4336955
Jurisdiction
DADE
Metro division
MIAMI-MIAMI BEACH-KENDALL, FL METROPOLITAN DIVISION
Zoning & alternative use
7100:INDUSTRIAL,LIGHT MFG · Miami, FLZoning 7100:INDUSTRIAL,LIGHT MFG · permitted uses
7100:INDUSTRIAL,LIGHT MFG · Miami, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Planning and Zoning
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$3.9M
INDUSTRIAL (GENERAL)
Est. value
$9.2M
RESTAURANT
Est. value
$4.4M
COMMERCIAL (GENERAL)
Est. value
$4.4M
AUTO REPAIR, GARAGE Current
INDUSTRIAL (GENERAL)
RESTAURANT
COMMERCIAL (GENERAL)
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
1954
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Buildings
4
Lot
1.19 ac
Current owner
From public records · entity-resolved
State Of Florida Department Of Tran
Entity
Free & Clear · 4 yrs held
Mailing address
PO BOX 261688, MIAMI, FL 33126-0030
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 9, 2021
—
State Of Florida Department Of Tran
Keystone 1200 LLC
Warranty Deed
—
Nov 5, 2020
$4,500,000
Keystone 1200 LLC
Motoport USA Corp
Warranty Deed
—
—
—
Catherine Sutton
—
Deed Of Trust
related
$65,600 · Ameriquest Mortgage Corp
—
—
Motoport USA Corp
—
Deed Of Trust
related
$850,000 · Northern Trust Bank Of Florida
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 1200 57th Ave?
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.
