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Property profile & analytics
FOR SALE
Commercial land
1343 NW 1St St Miami, FL 33125
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US18-4903739
For Sale
1 / 12
$6,900,000
1343 NW 1St St, Miami, FL 33125
View Listing →
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Lot
0.17 ac (7,500 SF)
Zoning code
6107:RESID-MEDIUM RETAIL
APN
01-4102-005-9180
UPID
US18-4903739
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
$3.10M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.92M
Owner & transaction history
Fuse Funding Fund I LLC · 4 yrs held
Fuse Funding Fund I LLC
since 2022
Last sale
$2.7M
7 recorded transactions
Zoning & alternative use
6107:RESID-MEDIUM RETAIL · 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
$3,185,000
ML approach
$3,095,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.92M
Range $2.63M – $3.21M · ±10% · vs last sale $2.70M (Jul 7 2021)
Last sale anchor
$2.70M
Jul 7 2021
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
—
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
$11,130
Tax year 2023
Assessed value
$637,500
Assessed 2023
Previous assessed
$450,000
+41.7% YoY
Effective rate
1.75%
On assessed value
Assessed land
$637,500
Land market value
$637,500
Total market value
$637,500
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
For Sale
Heating
NONE
Lot
0.17 ac (7,500 SF)
Zoning code
6107:RESID-MEDIUM RETAIL
APN
01-4102-005-9180
UPID
US18-4903739
Jurisdiction
DADE
Metro division
MIAMI-MIAMI BEACH-KENDALL, FL METROPOLITAN DIVISION
Zoning & alternative use
6107:RESID-MEDIUM RETAIL · Miami, FL
Zoning 6107:RESID-MEDIUM RETAIL · permitted uses
6107:RESID-MEDIUM RETAIL · 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
Heating
NONE
Lot
0.17 ac
Current owner
From public records · entity-resolved
Fuse Funding Fund I LLC
Entity
Mailing address
3801 NE 207TH STTH2, AVENTURA, FL 33180-4703
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
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 20, 2023
—
1343 Nw 1st LLC
—
Deed
related
$6,510,000 · Launch Cu
May 26, 2022
—
Fuse Funding Fund I LLC
Ron Glass
Correction Deed
related
—
Sep 21, 2021
—
1343 Nw 1st LLC
—
Deed
related
$6,762 · Rfalty Capital Finance LLC
Jul 7, 2021
$2,700,000
1343 Nw 1st LLC
Fuse Funding Fund I LLC
Special Warranty Deed
—
Jun 4, 2021
$17,091,700
Fuse Funding Fund I LLC
Ron Glass Chief Restruction Officer
Quit Claim Deed
related
—
Feb 12, 2019
—
La Elaina LLC
—
Loan Modification
related
$5,450,000 · Fuse Fndg Fund I LLC
Sep 28, 2018
—
Plaza Celia LLC
—
Loan Modification
related
$12,550,000 · Fuse Fndg Fund I LLC
Jul 2, 2018
—
Plaza Celia LLC
—
Loan Modification
related
$12,550,000 · Fuse Fndg Fund I LLC
Jun 5, 2018
—
Plaza Celia LLC
—
Loan Modification
related
$1,600,000 · Fuse Fndg Fund I LLC
Mar 13, 2018
—
Plaza Celia LLC
—
Grant Deed
related
$10,000,000 · Fuse Fndg Fund I LLC
Nov 17, 2017
—
Metroplace Suites LLC
Metrosuites LLC
Warranty Deed
—
Jun 29, 2017
$380,000
Metrosuites LLC
Omega Grid Development Corp
Warranty Deed
—
Aug 20, 2014
$195,000
Omega Grid Development Corp
Grazia T Adriani
Warranty Deed
—
May 11, 2006
—
Grazia T Adriani
Sila Commercial Realty INC
Quit Claim Deed
related
—
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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