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Property profile & analytics
OFF-MARKET
Estimated value
$1,565,000
Retail residential properties
122 79th St Miami, FL 33150-3016
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US18-2312471
Property summary
AI-generated overview
This exceptional Miami-Dade County commercial property at 122 NW 79th St, Miami, FL 33150, offers 4,901 square feet of versatile space across two stories. The building is zoned T6-8-0 and features two available flex spaces, totaling 1,388 square feet, which can be leased individually (643 sq ft and 745 sq ft) or combined. The property boasts a newly renovated interior, including a shared outdoor area, ten parking spaces, ADA-compliant bathrooms, newly installed air conditioning, and impact glass storefront windows. This location provides excellent visibility and accessibility on the bustling 79th Street corridor, making it ideal for a variety of businesses. The 22,356 square foot lot offers ample space, and the property's flexible layout allows for customization to meet specific business needs. This is a rare opportunity to secure a prime location in a thriving commercial district. The property is suitable for retail, industrial, or restaurant uses.
Property profile
Verified
Property type
Retail residential properties
Use group
STORES & APARTMENTS
Year built
1937
Construction
CONCRETE
Total area
4,901 SF
Lot
0.51 ac (22,279 SF)
Zoning code
6100:COMMERCIAL,NEIGHBRHD
APN
01-3112-048-0080
UPID
US18-2312471
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
-
D'Ivo 79 Cucina Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.78M
Comparable Approach
Comparable
$1.47M
Blend (final)
Blend
$1.57M
Owner & transaction history
Future Mosu 127 LLC · 7 yrs held
Future Mosu 127 LLC
since 2019
7 recorded transactions
Zoning & alternative use
6100:COMMERCIAL,NEIGHBRHD · Miami, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$2.2M
+28.9%
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%
$1,930,000
6.5%
$1,780,000
7%
$1,655,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,670,000
Current use
MEDICAL BUILDING
$2,150,000
Change: +29% · Conversion: Easy
WAREHOUSE, STORAGE
$1,660,000
Change: -1% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$1,395,000
Change: -17% · Conversion: Difficult
Blend value · Realmo final
$1.57M
Range $1.41M – $1.72M · ±10%
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
$319 / 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
$28,799
Tax year 2023
Assessed value
$1,869,029
Assessed 2023
Previous assessed
$1,869,029
+0.0% YoY
Effective rate
1.54%
On assessed value
Assessed land
$1,695,730
Assessed improvement
$173,299
Land market value
$1,695,730
Improvement market value
$173,299
Total market value
$1,869,029
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
Retail residential properties
Use group
STORES & APARTMENTS
Status
Off-Market
Year built
1937
Construction
CONCRETE
Heating
NONE
Stories
1
Units
2
Bathrooms
2
Total area
4,901 SF
Lot
0.51 ac (22,279 SF)
Zoning code
6100:COMMERCIAL,NEIGHBRHD
APN
01-3112-048-0080
UPID
US18-2312471
Jurisdiction
DADE
Metro division
MIAMI-MIAMI BEACH-KENDALL, FL METROPOLITAN DIVISION
Zoning & alternative use
6100:COMMERCIAL,NEIGHBRHD · Miami, FL
Zoning 6100:COMMERCIAL,NEIGHBRHD · permitted uses
6100:COMMERCIAL,NEIGHBRHD · 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
COMMERCIAL (GENERAL) Current
Est. value
$1.7M
MEDICAL BUILDING
Est. value
$2.2M
WAREHOUSE, STORAGE
Est. value
$1.7M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.4M
COMMERCIAL (GENERAL) Current
MEDICAL BUILDING
WAREHOUSE, STORAGE
NEIGHBORHOOD: SHOPPING CENTER
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
1937
Construction
CONCRETE
Heating
NONE
Stories
1
Units
2
Bathrooms
2
Lot
0.51 ac
Current owner
From public records · entity-resolved
Future Mosu 127 LLC
Entity
Mailing address
302 NE 92ND ST, MIAMI SHORES, FL 33138-3134
Ownership since
2019
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
Mar 2, 2019
$800,000
Future Mosu 127 LLC
122 Nw 79th Street Invs LLC
Warranty Deed
$500,000 · 122 Nw 79th Street Invs LLC
Dec 6, 2011
—
122 Nw 79th Street Inv LLC
Bma Automotive Group INC
Quit Claim Deed
related
—
Sep 3, 2010
$265,000
Bma Automotive Group INC
City First Mortgage Corp
Warranty Deed
—
Sep 3, 2010
—
Bma Automotive Group INC
Jean,estine
Quit Claim Deed
related
—
Aug 13, 2010
—
City First Mtg
Jean,estine Coc
Trustees Deed
related
—
Oct 29, 2009
—
First Clearing LLC
Jean,estine Coc
Trustees Deed
related
—
—
—
Jean Estine
—
Deed Of Trust
related
$50,097 · City First Mortgage Corp
—
—
Jean Estine
—
Deed Of Trust
related
$50,000 · City First Mortgage Corp
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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