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Property profile & analytics
OFF-MARKET
Commercial land
1425 Bay Rd Miami Beach, FL 33139-3741
Entity Owned
2-yr Hold
Property ID
US18-5356358
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
1947
Construction
CONCRETE
Total area
1,156 SF
Lot
0.14 ac (6,000 SF)
Zoning code
3900:MULTI-FAM,38-62 U/A
APN
02-3233-016-0420
UPID
US18-5356358
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Pampa Sunbelt 18 LLC · 2 yrs held
Pampa Sunbelt 18 LLC
since 2023
Last sale
$2.7M
7 recorded transactions
Zoning & alternative use
3900:MULTI-FAM,38-62 U/A · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
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
$32,555
Tax year 2023
Assessed value
$1,722,800
Assessed 2023
Previous assessed
$1,032,960
+66.8% YoY
Effective rate
1.89%
On assessed value
Assessed land
$1,710,000
Assessed improvement
$12,800
Land market value
$1,710,000
Improvement market value
$12,800
Total market value
$1,722,800
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Year built
1947
Construction
CONCRETE
Heating
NONE
Stories
1
Bathrooms
2
Total area
1,156 SF
Lot
0.14 ac (6,000 SF)
Zoning code
3900:MULTI-FAM,38-62 U/A
APN
02-3233-016-0420
UPID
US18-5356358
Jurisdiction
DADE
Metro division
MIAMI-MIAMI BEACH-KENDALL, FL METROPOLITAN DIVISION
Zoning & alternative use
3900:MULTI-FAM,38-62 U/A · Miami Beach, FL
Zoning 3900:MULTI-FAM,38-62 U/A · permitted uses
3900:MULTI-FAM,38-62 U/A · 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
1947
Construction
CONCRETE
Heating
NONE
Stories
1
Bathrooms
2
Lot
0.14 ac
Current owner
From public records · entity-resolved
Pampa Sunbelt 18 LLC
Entity
Mailing address
2125 BISCAYNE BLVD STE #206, MIAMI, FL 33137-5029
Ownership since
2023
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
Aug 7, 2025
—
Pampa Sunbelt 16 LLC
—
Deed
related
$7,250,000 · Kalulu Incorporated
Sep 20, 2023
$2,695,000
Pampa Sunbelt 18 LLC
1425 Bay Spe LLC
Warranty Deed
—
Jan 11, 2023
—
1425 Bay Spe LLC
Bay West 1 LLC
Correction Deed
related
—
Jun 13, 2022
$2,150,000
1425 Bay Spe LLC
Bay West I LLC
Warranty Deed
$900,000 · Bd Capital Se LLC
Apr 12, 2018
$1,300,000
Bay West 1 LLC
1425 Bay Road LLC
Warranty Deed
$650,000 · Grove Bk&tr
Dec 1, 2016
$1,074,600
1425 Bay Road LLC
Sampera Carlos E
Grant Deed
—
Dec 1, 2016
—
1425 Bay Road LLC
Passmore,pilar C
Warranty Deed
—
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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