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Property profile & analytics
OFF-MARKET
Estimated value
$1,775,000
Hotels
162 Alcazar Ave Coral Gables, FL 33134-4501
Entity Owned
~
Est. High Equity
Property ID
US18-9882055
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1923
Construction
CONCRETE
Total area
16,832 SF
Lot
0.13 ac (5,575 SF)
Zoning code
6400:COMMERCIAL,CENTRAL
APN
03-4108-007-2230
UPID
US18-9882055
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
$1.95M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.78M
Owner & transaction history
Battlecreek Properties
Battlecreek Properties
4 recorded transactions
Zoning & alternative use
6400:COMMERCIAL,CENTRAL · Coral Gables, 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 Coral Gables submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Coral Gables 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$2,110,000
6.5%
$1,950,000
7%
$1,810,000
Blend value · Realmo final
$1.78M
Range $1.60M – $1.95M · ±10%
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
$105 / 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
$36,120
Tax year 2023
Assessed value
$2,000,000
Assessed 2023
Previous assessed
$1,700,000
+17.6% YoY
Effective rate
1.81%
On assessed value
Assessed land
$1,951,250
Assessed improvement
$48,750
Land market value
$1,951,250
Improvement market value
$48,750
Total market value
$2,000,000
Applied tax rate
300.0000
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
1923
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Stories
3
Units
28
Bathrooms
28
Total area
16,832 SF
Lot
0.13 ac (5,575 SF)
Zoning code
6400:COMMERCIAL,CENTRAL
APN
03-4108-007-2230
UPID
US18-9882055
Jurisdiction
DADE
Metro division
MIAMI-MIAMI BEACH-KENDALL, FL METROPOLITAN DIVISION
Zoning & alternative use
6400:COMMERCIAL,CENTRAL · Coral Gables, FL
Zoning 6400:COMMERCIAL,CENTRAL · permitted uses
6400:COMMERCIAL,CENTRAL · Coral Gables, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Coral Gables. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1923
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
3
Units
28
Bathrooms
28
Lot
0.13 ac
Current owner
From public records · entity-resolved
Battlecreek Properties
Entity
Mailing address
162 ALCAZAR AVE, CORAL GABLES, FL 33134-4501
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
—
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
—
—
Battlecreek Properties
—
Deed Of Trust
related
$181,295 · International Bank Of Miami
—
—
Battlecreek Properties
—
Deed Of Trust
related
$1,000,000 · International Bank Of Miami
—
—
Battlecreek Properties
—
Deed Of Trust
related
$1,531,545 · Bank Of Miami NA
—
—
Battlecreek Properties
—
Deed Of Trust
related
$1,900,000 · Marquis Bk
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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