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Property profile & analytics
OFF-MARKET
Estimated value
$4,670,000
Hotels
16055 117th Ave Miami, FL 33177-1609
Entity Owned
~
Est. High Equity
Property ID
US18-6992106
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
2017
Total area
47,242 SF
Lot
2.82 ac (122,700 SF)
Zoning code
7700:INDUSTRIAL,RESTRICT
APN
30-5030-018-0090
UPID
US18-6992106
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
-
WoodSpring Suites Miami Southwest Hotel & Motel Vacation Rental
-
Quenta's Closet Hair Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.67M
Owner & transaction history
Nf V Es W IV Miami Sw LLC
Nf V Es W IV Miami Sw LLC
since 2026
7 recorded transactions
Zoning & alternative use
7700:INDUSTRIAL,RESTRICT · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$99 / 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
$100,765
Tax year 2023
Assessed value
$6,200,000
Assessed 2023
Previous assessed
$5,400,000
+14.8% YoY
Effective rate
1.63%
On assessed value
Assessed land
$3,067,500
Assessed improvement
$3,132,500
Land market value
$3,067,500
Improvement market value
$3,132,500
Total market value
$6,200,000
Applied tax rate
3,000.0000
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
Hotels
Use group
HOTEL
Status
Off-Market
Year built
2017
Heating
NONE
Cooling
CENTRAL
Stories
4
Total area
47,242 SF
Lot
2.82 ac (122,700 SF)
Zoning code
7700:INDUSTRIAL,RESTRICT
APN
30-5030-018-0090
UPID
US18-6992106
Jurisdiction
DADE
Metro division
MIAMI-MIAMI BEACH-KENDALL, FL METROPOLITAN DIVISION
Zoning & alternative use
7700:INDUSTRIAL,RESTRICT · Miami, FL
Zoning 7700:INDUSTRIAL,RESTRICT · permitted uses
7700:INDUSTRIAL,RESTRICT · 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
2017
Heating
NONE
Cooling
Yes
Stories
4
Lot
2.82 ac
Current owner
From public records · entity-resolved
Nf V Es W IV Miami Sw LLC
Entity
Mailing address
16115 SW 117TH AVE STE A7, MIAMI, FL 33177-1614
Ownership since
2026
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 10, 2026
$6,895,000
Nf V Es W IV Miami Sw LLC
Gold Coast Premier Properties LLC
Special Warranty Deed
$125,400,000 · Wells Fargo Bank NA
Jul 29, 2025
—
Gold Coast Premier Properties LLC
—
Deed
related
$18,500,000 · International Finance Bank
Dec 20, 2018
—
Gold Coast Premier Prop LLC
—
Grant Deed
related
$11,250,000 · Lincoln Benefit Life Co
May 23, 2016
—
Gold Coast Premier Properties LLC
—
Deed
related
$7,339,510 · Apollo Bank
Oct 2, 2015
$721,500
Gold Coast Premier Props LLC
Nava Land INC
Warranty Deed
—
Sep 28, 2012
$3,930,000
Nava Land INC
First Bk Of Miami
Warranty Deed
—
Sep 1, 2010
$3,725,400
First Bk Of Miami
Nava Brothers Investments LLC
Deed In Lieu Of Foreclosure
—
Jan 4, 2010
—
Nava Brothers Investments LLC
—
Trustees Deed
related
$4,062,000 · First Bank Of Miami
Jan 9, 2009
—
Nava Brothers Investments LLC
—
Trustees Deed
related
$4,062,000 · First Bank Of Miami
Apr 2, 2007
$6,250,000
Nava Brothers Investments LLC
A Noy Dev LLC
Warranty Deed
$4,062,000 · First Bank Of Miami
Jun 22, 2006
—
Noy Dev LLC
—
Trustees Deed
related
$115,000 · Northern Trust Bank Of Florida
Sep 25, 2003
$1,573,900
Noy Development LLC
Pioneer Metals 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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