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Property profile & analytics
OFF-MARKET
Estimated value
$5,140,000
Outlet malls
16360 26th Ave North Miami Beach, FL 33160-4004
Entity Owned
12-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-0327128
Property profile
Verified
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Year built
2017
Construction
CONCRETE
Total area
24,270 SF
Lot
0.44 ac (19,331 SF)
Zoning code
6400:COMMERCIAL,CENTRAL
APN
07-2215-001-0060
UPID
US18-0327128
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
$6.85M
Blend (final)
Blend
$5.14M
Owner & transaction history
16348 Ne 26th Avenue LLC · 12 yrs held
16348 Ne 26th Avenue LLC
since 2014
7 recorded transactions
Zoning & alternative use
6400:COMMERCIAL,CENTRAL · North Miami Beach, 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 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$5.14M
Range $4.63M – $5.65M · ±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
$212 / 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
$58,946
Tax year 2023
Assessed value
$3,034,174
Assessed 2023
Previous assessed
$3,057,481
-0.8% YoY
Effective rate
1.94%
On assessed value
Assessed land
$773,240
Assessed improvement
$2,260,934
Land market value
$773,240
Improvement market value
$2,260,934
Total market value
$3,034,174
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
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Status
Off-Market
Year built
2017
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Stories
3
Total area
24,270 SF
Lot
0.44 ac (19,331 SF)
Zoning code
6400:COMMERCIAL,CENTRAL
APN
07-2215-001-0060
UPID
US18-0327128
Jurisdiction
DADE
Metro division
MIAMI-MIAMI BEACH-KENDALL, FL METROPOLITAN DIVISION
Zoning & alternative use
6400:COMMERCIAL,CENTRAL · North Miami Beach, FL
Zoning 6400:COMMERCIAL,CENTRAL · permitted uses
6400:COMMERCIAL,CENTRAL · North Miami Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
North Miami Beach. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2017
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
3
Lot
0.44 ac
Current owner
From public records · entity-resolved
16348 Ne 26th Avenue LLC
Entity
Mailing address
3165 NE 163RD ST, NORTH MIAMI BEACH, FL 33160-4463
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2014
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
Nov 20, 2017
—
16348 Ne 26th Avenue LLC
—
Deed
related
$1,725,000 · Jp Morgan Chase Bk
Jul 26, 2016
—
16348 Ne 26th Avenue LLC
—
Deed
related
$1,380,000 · Jp Morgan Chase Bk
Apr 24, 2015
—
16348 Ne 26th Avenue LLC
—
Grant Deed
related
$1,450,000 · Jp Morgan Chase Bk
Mar 13, 2014
$1,200,000
16348 Ne 26th Avenue LLC
Steven Gettis
Warranty Deed
$960,000 · Jpmorgan Chase Bank NA
Sep 24, 2013
$1,254,900
Steven Gettis
Danya LLC
Deed In Lieu Of Foreclosure
related
—
Aug 25, 2005
$1,750,000
Danya LLC
Peaches School Of Dance INC
Warranty Deed
$1,342,000 · Steven & Leslie Gettis
Mar 4, 2004
—
Peaches School Of Dance INC
—
Trustees Deed
related
$425,000 · Bankunited Fsb
Dec 30, 1999
$400,000
Peaches School Of Dance INC
Freddie Properties INC
Grant Deed
$370,000 · Zions First National Bank
—
—
Steve Gettis
—
Deed Of Trust
related
$25,000 · Freddie Properties INC
—
—
16348 Ne 26th Avenue LLC
—
Loan Modification
related
$1,380,000 · Jp Morgan Chase Bk
—
—
16348 Ne 26th Avenue LLC
—
Loan Modification
related
$1,725,000 · Jp Morgan Chase Bk
—
—
Danya LLC
—
Deed Of Trust
related
$1,294,335 · Steven & Leslie Gettis
—
—
Danya LLC
—
Deed Of Trust
related
$108,675 · Big G Associates
—
—
Danya LLC
—
Deed Of Trust
related
$1,254,877 · Steven & Leslie Gettis
—
—
Danya LLC
—
Deed Of Trust
related
$108,675 · Big G Associates
—
—
Danya LLC
—
Loan Modification
related
$1,174,172 · Big G Associates
—
—
16348 Ne 26th Avenue LLC
—
Deed Of Trust
related
$1,725,000 · Jp Morgan Chase Bk
—
—
16348 Ne 26th Avenue LLC
—
Loan Modification
related
$1,421,000 · Jp Morgan Chase 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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