Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$775,000
Outlet malls
1520 7th Ave Miami, FL 33136-1414
Entity Owned
3-yr Hold
Free & Clear
Property ID
US18-5607763
Property profile
Verified
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Year built
1930
Construction
CONCRETE
Total area
3,080 SF
Lot
0.14 ac (6,197 SF)
Zoning code
9600:HOSPITALS
APN
01-3135-019-0110
UPID
US18-5607763
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
$810k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$775k
Owner & transaction history
East Urban LLC · 3 yrs held
East Urban LLC
since 2023
Last sale
$725,000
7 recorded transactions
Zoning & alternative use
9600:HOSPITALS · 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
$845,000
ML approach
$810,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$775k
Range $698k – $853k · ±10% · vs last sale $725k (Feb 6 2023)
Last sale anchor
$725k
Feb 6 2023
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
$252 / 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
$9,587
Tax year 2023
Assessed value
$588,754
Assessed 2023
Previous assessed
$557,776
+5.6% YoY
Effective rate
1.63%
On assessed value
Assessed land
$464,775
Assessed improvement
$123,979
Land market value
$464,775
Improvement market value
$123,979
Total market value
$588,754
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
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Status
Off-Market
Year built
1930
Construction
CONCRETE
Heating
NONE
Stories
1
Total area
3,080 SF
Lot
0.14 ac (6,197 SF)
Zoning code
9600:HOSPITALS
APN
01-3135-019-0110
UPID
US18-5607763
Jurisdiction
DADE
Metro division
MIAMI-MIAMI BEACH-KENDALL, FL METROPOLITAN DIVISION
Zoning & alternative use
9600:HOSPITALS · Miami, FL
Zoning 9600:HOSPITALS · permitted uses
9600:HOSPITALS · 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
Year built
1930
Construction
CONCRETE
Heating
NONE
Stories
1
Lot
0.14 ac
Current owner
From public records · entity-resolved
East Urban LLC
Entity
Free & Clear · 3 yrs held
Mailing address
1400 NW 10TH AVE STE 408H, MIAMI, FL 33136-1021
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
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 6, 2023
$725,000
East Urban LLC
Innovative Investments & Asset Mgmt
Warranty Deed
—
Sep 6, 2022
—
Tefran INC
Innovative Investment Group INC
Correction Deed
related
—
Jan 24, 2019
$100
Florida Land Trust
N & I Holdings & Investments INC
Quit Claim Deed
related
—
May 10, 2016
—
N & I Holdings & Invs INC
1520 LLC
Trustees Deed
related
—
Jul 8, 2011
—
N & I Holdings & Invs INC
1520 LLC
Deed In Lieu Of Foreclosure
related
—
Sep 5, 2008
—
Tefran INC
Innovative Inv Group INC
Quit Claim Deed
related
—
Sep 5, 2008
$600,000
1520 LLC
Tefran INC
Warranty Deed
$540,912 · Diaz Alicia Trust (tr)
May 18, 2004
—
Innovative Investments Group
Tefran INC Trustee
Quit Claim Deed
related
—
Jan 15, 2004
—
Tefran INC Trustee
Innovative Investment Group Tt
Quit Claim Deed
related
—
Oct 29, 2003
$125,000
Innovative Investments Group
Verde,amanda
Grant Deed
$70,000 · Garraway B Vernon
—
—
Innovative Inve Group Trustee
—
Deed Of Trust
related
$100,000 · Placido Diaz Trustee
—
—
1520 LLC
—
Deed Of Trust
related
$561,912 · Diaz Alicia (te)
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1520 7th Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
