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Property profile & analytics
OFF-MARKET
Turn key restaurants
1610 119th St, Miami, FL 33167-3120
Individually Owned
7-yr Hold
~
Est. High Equity
Property ID
US18-2658439
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1957
Construction
CONCRETE
Total area
4,320 SF
Lot
0.66 ac (28,751 SF)
Zoning code
6062
APN
30-2135-030-0020
UPID
US18-2658439
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
-
Wocaxak Dryer Duct Cleaning North Miami HVAC Service General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
El Elyon Kingdom Tabernacle In · 7 yrs held
El Elyon Kingdom Tabernacle In
since 2018
4 recorded transactions
Zoning & alternative use
6062 · 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
—
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
Assessed value
$1,007,914
Assessed 2023
Previous assessed
$1,007,285
+0.1% YoY
Assessed land
$1,006,285
Assessed improvement
$1,629
Land market value
$1,006,285
Improvement market value
$1,629
Total market value
$1,007,914
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1957
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Stories
1
Total area
4,320 SF
Lot
0.66 ac (28,751 SF)
Zoning code
6062
APN
30-2135-030-0020
UPID
US18-2658439
Jurisdiction
DADE
Metro division
MIAMI-MIAMI BEACH-KENDALL, FL METROPOLITAN DIVISION
Zoning & alternative use
6062 · Miami, FL
Zoning 6062 · permitted uses
6062 · 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
1957
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.66 ac
Current owner
From public records · entity-resolved
El Elyon Kingdom Tabernacle In
Individual
Mailing address
15020 NW 103RD ST, MIAMI, FL 33150
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 24, 2018
$1,100,000
El Elyon Kingdom Tabernacle In
Music Makers Miami LLC
Warranty Deed
$450,000 · Taylor Made Lending LLC
Jun 30, 2016
$650,000
Music Makers Miami LLC
Farrell,roger
Warranty Deed
$400,000 · Other Institutional Lenders
—
—
Roger Farrell
—
Deed Of Trust
related
$150,000 · Individual
—
—
Roger Farrell
—
Deed Of Trust
related
$150,000 · George D Miller
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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