Property profile

1535 123rd St North Miami, FL 33161

OFF-MARKET
Commercial land
Property ID
US18-6744841
0.26 ac lot
Entity Owned 5-yr Hold Free & Clear
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Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 0.26 ac (11,506 SF)
Zoning code 3800:MULTI-FAM,22-37 U/A
APN 06-2229-047-0011
UPID US18-6744841

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1535 123rd St North Miami, FL 33161-6029
North Miami metro Census 124 MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.67M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.49M

Owner & transaction history

since 2021
Last sale
$1.3M
5 recorded transactions
2021
$1.3M
2012
$250,000
2006
$850,000
2005
$138,500
2003
$570,000

Zoning & alternative use

3800:MULTI-FAM,22-37 U/A · North Miami, FL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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