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Property profile & analytics
OFF-MARKET
Schools
1612 16th St Miami, FL 33125-2420
Individually Owned
12-yr Hold
~
Est. High Equity
Property ID
US18-2537838
Property profile
Verified
Property type
Schools
Use group
COLLEGE, UNIVERSITY, VOC SCHOOL
Year built
2007
Construction
CONCRETE
Total area
5,906 SF
Lot
0.34 ac (14,600 SF)
Zoning code
4601
APN
01-3135-004-0331
UPID
US18-2537838
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
by Request
Owner & transaction history
Allapattah-wynwood Cmnty · 12 yrs held
Allapattah-wynwood Cmnty
since 2013
7 recorded transactions
Zoning & alternative use
4601 · 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
$1,691,911
Assessed 2023
Previous assessed
$1,552,767
+9.0% YoY
Assessed land
$1,095,000
Assessed improvement
$596,911
Land market value
$1,095,000
Improvement market value
$596,911
Total market value
$1,691,911
Applied tax rate
100.0000
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
Schools
Use group
COLLEGE, UNIVERSITY, VOC SCHOOL
Status
Off-Market
Year built
2007
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Stories
1
Total area
5,906 SF
Lot
0.34 ac (14,600 SF)
Zoning code
4601
APN
01-3135-004-0331
UPID
US18-2537838
Jurisdiction
DADE
Metro division
MIAMI-MIAMI BEACH-KENDALL, FL METROPOLITAN DIVISION
Zoning & alternative use
4601 · Miami, FL
Zoning 4601 · permitted uses
4601 · 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
2007
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.34 ac
Current owner
From public records · entity-resolved
Allapattah-wynwood Cmnty
Individual
Mailing address
1500 NW 16TH AVE, MIAMI, FL 33125-2422
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
18 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 14, 2022
—
Allapattah Wynwood Cmnty & Dev Ctr
—
Deed
related
$790,000 · Truist Bank
Oct 30, 2020
—
Allapattah-wynwood Cmnty & Dev
—
Deed
related
$100,000 · 3270 INC
Sep 29, 2020
—
Allapattah-wynwood Cmnty & Dev
—
Deed
related
$650,000 · 3270 INC
Nov 16, 2018
—
Allapattah Wynwood Community And De
—
Deed
related
$100,000 · Suntrust Bank
Aug 3, 2017
—
Allapattah-wynwood Cmnty & Dev
—
Deed
related
$510,000 · 3270 INC
May 24, 2016
—
Allapattah-wynwood Cmnty & Dev
—
Deed
related
$100,000 · Regions Bk
Oct 31, 2013
—
Allapattah-wynwood Cmnty
Allapattah-wynwood Cmnty Dev C
Quit Claim Deed
related
—
Jul 12, 2007
—
Allapattah-wynwood Cmnty
—
Trustees Deed
related
$50,451 · William Fonseca
Jan 13, 2004
$225,200
Roderick L Delgado
Westbrooke Homes
Grant Deed
$213,845 · Eastern Financial Florida Cu
—
—
Allapattah-wynwood Cmnty
—
Deed Of Trust
related
$89,548 · William Fonseca
—
—
Allapattah-wynwood Cmnty
—
Deed Of Trust
related
$463,500 · Arch Creek Lending INC
—
—
Allapattah-wynwood Cmnty
—
Loan Modification
related
$100,000 · Regions Bank
—
—
Cmnty Dev C Allapattah-wynwood
—
Deed Of Trust
related
$40,000 · Regions Bank
—
—
Cmnty Dev C Allapattah-wynwood
—
Deed Of Trust
related
$460,000 · Regions Bk/fayette
—
—
Allapattah-wynwood Cmnty & Dev
—
Deed Of Trust
related
$100,000 · Regions Bk
—
—
Allapattah-wynwood Cmnty & Dev
—
Deed Of Trust
related
$510,000 · 3270 INC
—
—
Allapattah-wynwood Cmnty & Dev
—
Deed Of Trust
related
$650,000 · 3270 INC
—
—
Allapattah-wynwood Cmnty & Dev
—
Deed Of Trust
related
$100,000 · 3270 INC
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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