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    Property profile & analytics

    17640 Homestead Ave Miami, FL 33157-5340

    • Outlet malls
    • 1,250 SF
    • 0.16 lot acres
    OFF-MARKET
    Value Estimation
    $410,000
    Last Sale
    Oct 16, 2024
    $410,000
    Location Intelligence
    Property ID
    US18-8175301
    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.

    Current Use by Public Records

    • Paramores Barber Shop / Barber Shop
    • Braids by shanell / Hair Salon
    • SRLuxuryStylez / Clothing Store

    Property Details for 17640 Homestead Ave

    Year built
    1951
    Construction
    CONCRETE
    Lot size
    0.16 lot acres
    Property size
    1,250 SF
    Zone code
    6161
    Property type
    Outlet malls
    APN
    30-5032-004-0940
    APU
    3050320040940

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $410,000

    • CAP approach

      CAP return
      Estimation
      6%
      $415,000
      6.5%
      $410,000
      7%
      $430,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $425,000
      Geo Method
      $380,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $415,000
      Retail
      $380,000
      Mixed-Use
      $390,000
      Hospitality
      $465,000
      Educational
      $430,000
      Residential Income
      $445,000
      Energy
      $420,000
      Income-Based Land
      $345,000
      Food Service
      $460,000

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-dade
    State
    Florida
    Longitude
    -80.3541
    Latitude
    25.6048
    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
    $2,657
    $142,500
    $38,201
    $180,701
    -
    $142,500
    $38,201
    $180,701

    Comparable in this City

    • Value Estimation by Request
      37,553 SF

      18325 Dixie Hwy

      WHOLESALE OUTLET, DISCOUNT STORE • 37,553 SF
      18325 Dixie Hwy, Palmetto Bay, FL 33157-5526
      View Details
    • Value Estimation by Request
      39,253 SF

      19825 Dixie Hwy

      WHOLESALE OUTLET, DISCOUNT STORE • 39,253 SF
      19825 Dixie Hwy, Cutler Bay, FL 33157-7613
      View Details
    • Value Estimation by Request
      2,040 SF

      18040 Dixie Hwy

      WHOLESALE OUTLET, DISCOUNT STORE • 2,040 SF
      18040 Dixie Hwy, Miami, FL 33157-5522
      View Details
    • Value Estimation by Request
      31,398 SF

      17005 Dixie Hwy

      WHOLESALE OUTLET, DISCOUNT STORE • 31,398 SF
      17005 Dixie Hwy, Palmetto Bay, FL 33157-4362
      View Details
    • Value Estimation by Request
      5,600 SF

      16942 Dixie Hwy

      WHOLESALE OUTLET, DISCOUNT STORE • 5,600 SF
      16942 Dixie Hwy, Palmetto Bay, FL 33157-4354
      View Details
    • Value Estimation by Request
      12,894 SF

      19198 Dixie Hwy

      WHOLESALE OUTLET, DISCOUNT STORE • 12,894 SF
      19198 Dixie Hwy, Cutler Bay, FL 33157-7715
      View Details

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      Two large retail spaces available in early 2026.
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      Palmetto Bay Retail/Office Space

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    17640 Homestead Ave
    Miami, FL 33157-5340
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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