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    1650 117th Pl Miami, FL 33182-1526
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    Property profile & analytics

    1650 117th Pl, Miami, FL 33182-1526

    View on Map

    • Outlet malls
    • 154,520 SF
    • 9.45 lot acres
    Off-Market
    Last Sale Dec 20, 2021
    $108,700,000
    Property ID
    US18-4942453
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • KeyExpress Locksmiths / Locksmith / (Bike/Boat/Book/etc) Store
    • Primo Water Exchange / Big Box & Wholesale Store
    • Plumbing Repair Service at Depot / Plumbing Service / General Contractor
    • Garden Center at The Home Depot / Garden Center
    • Tool & Truck Rental Center at The Home Depot / Rental Equipment Company

    Property Details for 1650 117th Pl

    Year built
    2019
    Construction
    CONCRETE
    Lot size
    9.45 lot acres
    Zone code
    6600:COMMERCIAL,LIBERAL
    Property type
    Outlet malls
    Property subtype
    Shopping centers
    APN
    25-3936-008-0040
    APU
    2539360080040

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Dec 20, 2021 $108,700,000 Bl Power Owner LLC S Viib Beacon Lakes LLC Special Warranty Deed $43.5M · Prudential Insurance Of America

    Value Estimations

    based on Realmo’s proprietary methodology
    • CAP approach

      CAP Return
      Estimation
      6%
      $84,020,000
      6.5%
      $77,560,000
      7%
      $72,020,000
    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $88,395,000
      Current use
      RESTAURANT
      $114,585,000
      Change: +30% Conversion: Easy
      COMMERCIAL (GENERAL)
      $114,235,000
      Change: +29% Conversion: Easy
      AUTO REPAIR, GARAGE
      $101,025,000
      Change: +14% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-dade
    State
    Florida
    Longitude
    -80.388
    Latitude
    25.7887
    CBSA code
    33100
    CBSA name
    MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $507,383
    $10,288,425
    $15,311,575
    $25,600,000
    -
    $10,288,425
    $15,311,575
    $25,600,000
    More about this property
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