Entity Owned Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
2016
Construction
METAL FRAME
Total area
353,788 SF
Lot
1.15 ac (49,998 SF)
Zoning code
6408:RAPID TRANS-HI DENS
APN
01-0209-050-1010
UPID
US18-0298790
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Hardware & Home Improvement HVAC Service
-
Hotel & Motel
-
Big Box & Wholesale Store
-
Industrial Manufacturer
-
Electric Vehicle Charging Station
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$40.95M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$42.42M
Owner & transaction history
since 2025
Last sale
$46.3M
7 recorded transactions
Zoning & alternative use
6408:RAPID TRANS-HI DENS · Miami, FL
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Sensitivity value band
Source audit · 6 inputs
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Summary
1
Valuation conclusion
Included free
Estimated market value
$42.42M
Value range
$38.18M – $46.66M
±10% around blend
Estimated value / SF
$120 / SF
Confidence
Property data
100
Market benchmarks
67
Comparable evidence
60
$38.18M
blend $42.42M
$46.66M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
353,788 SF
Lot area
1.15 ac
Year built
2016
Stories
9
APN
01-0209-050-1010
Zoning
6408:RAPID TRANS-HI DENS
Assessed value
$23,700,000
Annual tax
$498,262
3
Income approach: direct capitalization
Partial preview
Income approach indication
$40.95M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$44.37M
@ 6.5% CAP return
$40.95M
@ 7% CAP return
$38.03M
4
Sales comparison
Partial preview
Too few qualifying comparables for a sales-approach estimation.
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$42.42M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
Submarket 86 sales
$469
-74%
County 100 sales
$456
-74%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $120/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Professional Plan · 30 reports
from $99/month
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Overview
Implied cap rate
7.40%
Implied, in-place cap rate for this hotels
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 7.40%
9.0%
NOI (est.)
$3.24M *
Last sale · Nov 2023
$46.28M
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$43.78M
Move the market yield to see immediate price impact.
Value / SF
$124
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
6.90%7.40%7.90%
$2.92M
$42.26M
$39.40M
$36.91M
$3.24M
$46.95M
$43.78M
$41.01M
$3.56M
$51.65M
$48.16M
$45.11M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$498,262
Tax year 2023
Assessed value
$23,700,000
Assessed 2023
Previous assessed
$22,800,000
+3.9% YoY
Effective rate
2.10%
On assessed value
Assessed land
$6,499,740
Assessed improvement
$17,200,260
Land market value
$6,499,740
Improvement market value
$17,200,260
Total market value
$23,700,000
Applied tax rate
101.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Hotels
Use group
HOTEL
Status
Off-Market
Year built
2016
Construction
METAL FRAME
Heating
NONE
Cooling
CENTRAL
Stories
9
Units
124
Bathrooms
124
Total area
353,788 SF
Lot
1.15 ac (49,998 SF)
Zoning code
6408:RAPID TRANS-HI DENS
APN
01-0209-050-1010
UPID
US18-0298790
Jurisdiction
DADE
Metro division
MIAMI-MIAMI BEACH-KENDALL, FL METROPOLITAN DIVISION
Zoning & alternative use
6408:RAPID TRANS-HI DENS · Miami, FLZoning 6408:RAPID TRANS-HI DENS · permitted uses
6408:RAPID TRANS-HI DENS · Miami, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
2016
Construction
METAL FRAME
Heating
NONE
Cooling
Yes
Stories
9
Units
124
Bathrooms
124
Lot
1.15 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
6408:RAPID TRANS-HI DENS
Jurisdiction
Miami, FL
Recorded code
6408:RAPID TRANS-HI DENS
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for 6408:RAPID TRANS-HI DENS in Miami, FL.
What opens after registration
Zoning profile
2 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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