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Property profile & analytics
OFF-MARKET
Estimated value
$27,635,000
Parking lots & garages
1210 Brickell Ave Miami, FL 33131
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US19-0805813
Property profile
Verified
Property type
Parking lots & garages
Use group
PARKING LOT
Year built
1982
Construction
CONCRETE
Total area
248,533 SF
Lot
1.06 ac (46,373 SF)
Zoning code
6407:HIGH DENS MIX USE
APN
01-0209-090-1300
UPID
US19-0805813
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
-
Dpe Self Storage Units Storage Facility
-
Krispy Rice Restaurant
-
Credit Repair Financial Advisor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$22.91M
Blend (final)
Blend
$27.64M
Owner & transaction history
1210 Brickell Development LLC · 2 yrs held
1210 Brickell Development LLC
since 2024
Last sale
$30.0M
7 recorded transactions
Zoning & alternative use
6407:HIGH DENS MIX USE · 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$27.64M
Range $24.87M – $30.40M · ±10% · vs last sale $30.00M (Apr 9 2024)
Last sale anchor
$30.00M
Apr 9 2024
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
$111 / 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
$328,815
Tax year 2023
Assessed value
$22,370,650
Assessed 2023
Previous assessed
$17,735,152
+26.1% YoY
Effective rate
1.47%
On assessed value
Assessed land
$22,259,040
Assessed improvement
$111,610
Land market value
$22,259,040
Improvement market value
$111,610
Total market value
$22,370,650
Applied tax rate
101.0000
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
Parking lots & garages
Use group
PARKING LOT
Status
Off-Market
Year built
1982
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Buildings
2
Stories
7
Total area
248,533 SF
Lot
1.06 ac (46,373 SF)
Zoning code
6407:HIGH DENS MIX USE
APN
01-0209-090-1300
UPID
US19-0805813
Jurisdiction
DADE
Metro division
MIAMI-MIAMI BEACH-KENDALL, FL METROPOLITAN DIVISION
Zoning & alternative use
6407:HIGH DENS MIX USE · Miami, FL
Zoning 6407:HIGH DENS MIX USE · permitted uses
6407:HIGH DENS MIX USE · 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
1982
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
7
Buildings
2
Lot
1.06 ac
Current owner
From public records · entity-resolved
1210 Brickell Development LLC
Entity
Mailing address
1200 BRICKELL AVE STE #1480, MIAMI, FL 33131-4101
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
19 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 9, 2024
$30,000,000
1210 Brickell Development LLC
Patagonian Investments Internaciona
Special Warranty Deed
—
Oct 4, 2019
—
Patagonian Invs Internacional
—
Grant Deed
related
$18,000,000 · Keystone R/e Income Tr LLC
Aug 4, 2016
—
Mdr Bond Commercial LLC
Mdr Toledo LLC
Quit Claim Deed
related
—
Jun 24, 2010
$6,300,000
Inv Internacional L Patagonian
1210 Brickell LLC
Grant Deed
$4,680,000 · Park Lending Co LLC
Dec 31, 2009
$100,000
1210 Brickell LLC
1200 Brickell Investments LLC
Grant Deed
—
May 20, 2009
$4,600,000
Castle Business INC
1200 Brickell Investments LLC
Grant Deed
$1,600,000 · Bbu Bank
Dec 9, 2008
$6,335,000
Castellum INC
1200 Brickell Investments LLC
Grant Deed
$2,900,000 · Bbu Bank
Mar 25, 2008
$4,600,000
Jacobson Prop Mgmt Group LLC
1200 Brickell Investments LLC
Grant Deed
$3,680,000 · Totalbank
Sep 18, 2007
—
1200 Brickell Ave Land Trust
Cruz,jorge L
Warranty Deed
—
Sep 18, 2006
$68,500,000
1200 Brickell Investments LLC
Crlp Brickell LLC
Grant Deed
$62,250,000 · Fremont Investment & Loan
Jun 2, 2005
$275,000
Alejandro Vasquez
Joseph P Tommasino
Warranty Deed
—
Apr 28, 2005
$44,000,000
Crlp Brickell LLC
Slb 1200 Brickell LLC
Special Warranty Deed
$45,000,000 · Colonial Realty LP
—
—
Clyde E Maddock JR.
—
Deed Of Trust
related
$34,662 · Homebridge Mortgage Bankers
—
—
Charmaine Campbell
—
Deed Of Trust
related
$43,729 · Bank Of America
—
—
Patagonian Inv Internacional L
—
Deed Of Trust
related
$8,400,000 · Floridian Cmnty Bk
—
—
Patagonian Inv Internacional L
—
Deed Of Trust
related
$1,834,000 · Espirito Santo Bk
—
—
Patagonian Inv Internacional L
—
Deed Of Trust
related
$5,516,000 · Espirito Santo Bk
—
—
Patagonian Inv Internacional L
—
Loan Modification
related
$7,099,415 · Floridian Cmnty Bk
—
—
Robert Ramos
—
Deed Of Trust
related
$250,000 · Intercredit Bank NA
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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