Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$1,430,000
Outlet malls
1541 12th Ave Homestead, FL 33034-2699
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US18-1535634
Property profile
Verified
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Year built
1989
Construction
CONCRETE
Total area
27,930 SF
Lot
3.41 ac (148,714 SF)
Zoning code
6300:COMMERCIAL,RESTRICT
APN
10-7920-006-0670
UPID
US18-1535634
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
Current use
Occupant on record · Public records
-
Country Place Store Grocery & Convenience Store Food Market
-
Amerika Grocery Store Grocery & Convenience Store
-
Keys Gate Community Homeowners' Association
-
Only Devotion Catering Take-out & Catering Catering Service
-
Kike's Driving School Training Center Vocational School
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.47M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.43M
Owner & transaction history
Diana L Fernandez · 4 yrs held
Diana L Fernandez
since 2021
Last sale
$1.4M
7 recorded transactions
Zoning & alternative use
6300:COMMERCIAL,RESTRICT · Homestead, 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 Homestead submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Homestead 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
$1,520,000
ML approach
$1,470,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.43M
Range $1.29M – $1.57M · ±10% · vs last sale $1.36M (Nov 12 2021)
Last sale anchor
$1.36M
Nov 12 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
$51 / 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
$116,701
Tax year 2023
Assessed value
$6,902,000
Assessed 2023
Previous assessed
$4,390,166
+57.2% YoY
Effective rate
1.69%
On assessed value
Assessed land
$1,338,426
Assessed improvement
$5,563,574
Land market value
$1,338,426
Improvement market value
$5,563,574
Total market value
$6,902,000
Applied tax rate
1,000.0000
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
1989
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Buildings
2
Stories
1
Total area
27,930 SF
Lot
3.41 ac (148,714 SF)
Zoning code
6300:COMMERCIAL,RESTRICT
APN
10-7920-006-0670
UPID
US18-1535634
Jurisdiction
DADE
Metro division
MIAMI-MIAMI BEACH-KENDALL, FL METROPOLITAN DIVISION
Zoning & alternative use
6300:COMMERCIAL,RESTRICT · Homestead, FL
Zoning 6300:COMMERCIAL,RESTRICT · permitted uses
6300:COMMERCIAL,RESTRICT · Homestead, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Homestead. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1989
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Lot
3.41 ac
Current owner
From public records · entity-resolved
Diana L Fernandez
Individual
Mailing address
3158 SW 23RD ST, MIAMI, FL 33145-3118
Ownership since
2021
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
Nov 12, 2021
—
Diana L Fernandez
Diana L Fernandez
Intrafamily Transfer
related
—
Jul 9, 2002
$1,360,000
Benito Fernandez
D & G Properties INC
Grant Deed
$1,000,000 · Eduardo & Jose L Castro
May 1, 2002
$818,000
D & G Properties INC
Shopping Investment Co INC
Grant Deed
$712,500 · First National Bank South Fl
Feb 5, 2002
—
Jesus A Gonzalez
Moor,marta
Quit Claim Deed
related
—
—
—
Benito Fernandez
—
Loan Modification
related
$2,400,000 · Jose R A Martinez
—
—
Benito Fernandez
—
Deed Of Trust
related
$200,000 · Eduardo Castro
—
—
Benito Fernandez
—
Deed Of Trust
related
$2,300,000 · Eduardo & Jose L Castro
—
—
Benito Fernandez
—
Deed Of Trust
related
$475,000 · Siro E Garcia
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 1541 12th 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.
