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Property profile & analytics
OFF-MARKET
Estimated value
$2,570,000
Automotive properties
16050 Dixie Hwy North Miami Beach, FL 33160-4308
Entity Owned
5-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-3948429
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
1967
Construction
CONCRETE
Total area
64,122 SF
Lot
3.88 ac (168,797 SF)
Zoning code
7100:INDUSTRIAL,LIGHT MFG
APN
07-2216-011-0270
UPID
US18-3948429
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
$2.57M
Owner & transaction history
2150 Aventura Realty LLC · 5 yrs held
2150 Aventura Realty LLC
since 2021
3 recorded transactions
Zoning & alternative use
7100:INDUSTRIAL,LIGHT MFG · North Miami Beach, FL
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 North Miami Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs North 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
$40 / 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
$159,823
Tax year 2023
Assessed value
$7,477,109
Assessed 2023
Previous assessed
$7,527,702
-0.7% YoY
Effective rate
2.14%
On assessed value
Assessed land
$4,219,925
Assessed improvement
$3,257,184
Land market value
$4,219,925
Improvement market value
$3,257,184
Total market value
$7,477,109
Applied tax rate
700.0000
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
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Year built
1967
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Buildings
2
Stories
3
Bathrooms
2
Total area
64,122 SF
Lot
3.88 ac (168,797 SF)
Zoning code
7100:INDUSTRIAL,LIGHT MFG
APN
07-2216-011-0270
UPID
US18-3948429
Jurisdiction
DADE
Metro division
MIAMI-MIAMI BEACH-KENDALL, FL METROPOLITAN DIVISION
Zoning & alternative use
7100:INDUSTRIAL,LIGHT MFG · North Miami Beach, FLZoning 7100:INDUSTRIAL,LIGHT MFG · permitted uses
7100:INDUSTRIAL,LIGHT MFG · North Miami Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Official NMB Zoning Map
Building & site characteristics
From public records
Year built
1967
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
3
Buildings
2
Bathrooms
2
Lot
3.88 ac
Current owner
From public records · entity-resolved
2150 Aventura Realty LLC
Entity
Free & Clear · 5 yrs held
Mailing address
1124 US HWY 202ND STE B9, RARITAN, NJ 08869-1463
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 28, 2021
—
2150 Aventura Realty LLC
Samkle N Miami Prop INC
Correction Deed
related
—
Oct 7, 2020
—
2150 Aventura Realty LLC
—
Deed
related
$13,500,000 · Connectone Bank
Jul 27, 2020
$21,000,000
2150 Aventura Realty LLC
Samkle N Miami Prop INC
Grant 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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