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Property profile & analytics
OFF-MARKET
Estimated value
$20,930,000
Community centers
1250 Dixie Hwy Coral Gables, FL 33146-2902
Entity Owned
11-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-6862968
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1953
Construction
CONCRETE
Total area
64,549 SF
Lot
3.18 ac (138,521 SF)
Zoning code
6400:COMMERCIAL,CENTRAL
APN
03-4130-004-0010
UPID
US18-6862968
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
-
Isalis (Bike/Boat/Book/etc) Store
-
Party City Party Supply Store (Bike/Boat/Book/etc) Store
-
Skunk Funk Big Box & Wholesale Store
-
Carl's Trading Co Hat Shop
-
Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$20.93M
Owner & transaction history
Atlanta Restaurant Ptrs LLC · 11 yrs held
Atlanta Restaurant Ptrs LLC
since 2015
7 recorded transactions
Zoning & alternative use
6400:COMMERCIAL,CENTRAL · Coral Gables, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$33.2M
+80.8%
Medical building
$28.4M
+54.5%
Warehouse, storage
$19.2M
+4.6%
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 Coral Gables submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Coral Gables 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
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$18,345,000
Current use
OFFICE BUILDING
$33,175,000
Change: +81% · Conversion: Moderate
MEDICAL BUILDING
$28,350,000
Change: +55% · Conversion: Difficult
WAREHOUSE, STORAGE
$19,190,000
Change: +5% · Conversion: Difficult
Blend value · Realmo final
$20.93M
Range $18.84M – $23.02M · ±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
$324 / 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
$577,999
Tax year 2023
Assessed value
$35,132,406
Assessed 2023
Previous assessed
$35,132,406
+0.0% YoY
Effective rate
1.65%
On assessed value
Assessed land
$34,630,250
Assessed improvement
$502,156
Land market value
$34,630,250
Improvement market value
$502,156
Total market value
$35,132,406
Applied tax rate
300.0000
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
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
1953
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Stories
2
Total area
64,549 SF
Lot
3.18 ac (138,521 SF)
Zoning code
6400:COMMERCIAL,CENTRAL
APN
03-4130-004-0010
UPID
US18-6862968
Jurisdiction
DADE
Metro division
MIAMI-MIAMI BEACH-KENDALL, FL METROPOLITAN DIVISION
Zoning & alternative use
6400:COMMERCIAL,CENTRAL · Coral Gables, FL
Zoning 6400:COMMERCIAL,CENTRAL · permitted uses
6400:COMMERCIAL,CENTRAL · Coral Gables, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Coral Gables. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$18.3M
OFFICE BUILDING
Est. value
$33.2M
MEDICAL BUILDING
Est. value
$28.4M
WAREHOUSE, STORAGE
Est. value
$19.2M
NEIGHBORHOOD: SHOPPING CENTER Current
OFFICE BUILDING
MEDICAL BUILDING
WAREHOUSE, STORAGE
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
1953
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
2
Lot
3.18 ac
Current owner
From public records · entity-resolved
Atlanta Restaurant Ptrs LLC
Entity
Free & Clear · 11 yrs held
Mailing address
2875 NE 191ST ST STE #605, AVENTURA, FL 33180-2833
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 8, 2022
—
Atlanta Res Taurant Partners LLC
—
Deed
related
—
May 27, 2015
$420,600
Atlanta Restaurant Ptrs LLC
Tgi Fridays INC
Grant Deed
related
—
Mar 10, 2015
$4,196,200
University Shopping Center LLP
Grossman Theodore R
Grant Deed
—
—
—
University Shopping Center LLP
—
Loan Modification
related
$4,196,184 · Miscellaneous Ins Co
—
—
Louis Grossman
—
Deed Of Trust
related
$1,050,000 · American United Life Ins Co
—
—
Louis Grossman
—
Deed Of Trust
related
$1,050,000 · American United Life Ins Co
—
—
Atlanta Restaurant Ptrs LLC
—
Deed Of Trust
related
$155,000,000 · Brightwood Loan Services LLC
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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