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Property profile & analytics
OFF-MARKET
Estimated value
$2,165,000
Office buildings
1329 Alton Rd Miami Beach, FL 33139-3811
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US18-8032126
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1933
Construction
CONCRETE
Total area
2,717 SF
Lot
0.17 ac (7,500 SF)
Zoning code
4800:PLANNED RESID OFFICE
APN
02-4203-009-8900
UPID
US18-8032126
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.22M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.17M
Owner & transaction history
1329alton LLC · 4 yrs held
1329alton LLC
since 2022
Last sale
$2.1M
7 recorded transactions
Zoning & alternative use
4800:PLANNED RESID OFFICE · Miami Beach, 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 Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Miami Beach 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
$2,240,000
ML approach
$2,215,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.17M
Range $1.95M – $2.38M · ±10% · vs last sale $2.10M (Jun 2 2022)
Last sale anchor
$2.10M
Jun 2 2022
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
$797 / 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
$34,203
Tax year 2023
Assessed value
$1,810,000
Assessed 2023
Previous assessed
$1,810,000
+0.0% YoY
Effective rate
1.89%
On assessed value
Assessed land
$1,800,000
Assessed improvement
$10,000
Land market value
$1,800,000
Improvement market value
$10,000
Total market value
$1,810,000
Applied tax rate
200.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1933
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Buildings
2
Stories
1
Bathrooms
3
Total area
2,717 SF
Lot
0.17 ac (7,500 SF)
Zoning code
4800:PLANNED RESID OFFICE
APN
02-4203-009-8900
UPID
US18-8032126
Jurisdiction
DADE
Metro division
MIAMI-MIAMI BEACH-KENDALL, FL METROPOLITAN DIVISION
Zoning & alternative use
4800:PLANNED RESID OFFICE · Miami Beach, FL
Zoning 4800:PLANNED RESID OFFICE · permitted uses
4800:PLANNED RESID OFFICE · Miami Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Miami Beach. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1933
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Bathrooms
3
Lot
0.17 ac
Current owner
From public records · entity-resolved
1329alton LLC
Entity
Mailing address
2300 ALTON RD, MIAMI BEACH, FL 33140-4256
Ownership since
2022
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
Jun 2, 2022
$2,100,000
1329alton LLC
1329 Alton Road LLC
Warranty Deed
$2,743,398 · Td Bank NA
Aug 18, 2020
—
1329 Alton Road LLC
—
Deed
related
$1,000,000 · Eastern Fin'l Mtg
Aug 23, 2017
—
1329 Alton Road LLC
—
Grant Deed
related
$4,150,000 · Eastern Fin'l Mtg
Dec 15, 2010
$725,300
1329 Alton Road LLC
Harari,eric
Warranty Deed
—
May 2, 2006
$1,200,000
Eric Harari
Susan P Rodell
Warranty Deed
$780,000 · Bac Florida Bank
Mar 16, 2006
—
Susan P Rodell
—
Trustees Deed
related
$850,000 · Coconut Grove Bank
—
—
1329 Alton Road LLC
—
Loan Modification
related
$691,511 · Bac Fl Bk
—
—
1329 Alton Road LLC
—
Loan Modification
related
$1,000,000 · Eastern Fin'l Mtg
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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