Technical
Financial
Distress signals
Property profile

167 23rd St Miami, FL 33127

OFF-MARKET
Bars & Pubs
Property ID
US18-8711772
1,456 SF 0.12 ac lot Built 1927
Entity Owned 10-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property profile

Verified
Property type Bars & Pubs
Use group NIGHTCLUB (COCKTAIL LOUNGE)
Year built 1927
Construction CONCRETE
Total area 1,456 SF
Lot 0.12 ac (5,250 SF)
Zoning code 6101
APN 01-3125-038-0160
UPID US18-8711772

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Bar & Pub
  • Corporate Office

Location

167 23rd St Miami, FL 33127-4409
Miami metro Census 2800 MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$420k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$335k

Owner & transaction history

since 2015
7 recorded transactions
2018
Price N/A
2017
Price N/A
2015
$442,275
2015
$589,700
2006
$475,000
2004
$205,000
2003
$91,000

Zoning & alternative use

6101 · Miami, FL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 167 23rd St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message