Back to Search
Property profile & analytics
OFF-MARKET
Hotels
1775 Collins Ave Miami Beach, FL 33139-2006
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US18-8426446
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1940
Construction
CONCRETE
Total area
62,265 SF
Lot
1.39 ac (60,541 SF)
Zoning code
4100:MULTI-FAMILY,101+U/A
APN
02-3234-019-0460
UPID
US18-8426446
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
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Nahla Raleigh LLC
Nahla Raleigh LLC
since 2025
Last sale
$270.0M
7 recorded transactions
Zoning & alternative use
4100:MULTI-FAMILY,101+U/A · 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 Miami Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$481,870
Tax year 2023
Assessed value
$25,500,229
Assessed 2023
Previous assessed
$24,290,371
+5.0% YoY
Effective rate
1.89%
On assessed value
Assessed land
$25,427,220
Assessed improvement
$73,009
Land market value
$25,427,220
Improvement market value
$73,009
Total market value
$25,500,229
Applied tax rate
200.0000
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
1940
Construction
CONCRETE
Heating
NONE
Cooling
AC.CHILLED WATER
Buildings
2
Stories
8
Units
105
Total area
62,265 SF
Lot
1.39 ac (60,541 SF)
Zoning code
4100:MULTI-FAMILY,101+U/A
APN
02-3234-019-0460
UPID
US18-8426446
Jurisdiction
DADE
Metro division
MIAMI-MIAMI BEACH-KENDALL, FL METROPOLITAN DIVISION
Zoning & alternative use
4100:MULTI-FAMILY,101+U/A · Miami Beach, FL
Zoning 4100:MULTI-FAMILY,101+U/A · permitted uses
4100:MULTI-FAMILY,101+U/A · Miami Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Miami Beach. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1940
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
8
Buildings
2
Units
105
Lot
1.39 ac
Current owner
From public records · entity-resolved
Nahla Raleigh LLC
Entity
Mailing address
745 5TH AVE, NEW YORK, NY 10151-0099
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
21 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 17, 2025
$270,000,000
Nahla Raleigh LLC
Raleigh Land Trust
Special Warranty Deed
—
Aug 2, 2019
$100
Raleigh,land Trust
Bsd Raleigh Propco LLC
Grant Deed
related
—
Feb 13, 2019
$103,000,000
Bsd Raleigh Propco LLC
Elmira Miami LLC
Grant Deed
—
Jul 27, 2017
—
Elmira Miami LLC
—
Loan Modification
related
$40,000,000 · Koronus Hldgs Designated Activ
Jan 3, 2017
—
Elmira Miami LLC
—
Deed
related
$35,000,000 · * Other Institutional Lenders
Apr 16, 2014
$56,500,000
Elmira Miami LLC
Twice Around 1775 LLC
Grant Deed
—
Dec 21, 2012
$39,500,000
Twice Around 1775 LLC
Brilla Aj Rmb LLC
Grant Deed
—
Oct 9, 2009
$21,800,000
Brilla Aj Rmb LLC
Ab Green Raleigh LLC
Grant Deed
related
—
Sep 30, 2009
$30,000,000
Brilla Aj Rmb LLC
Ab Green Raleigh LLC
Grant Deed
—
Nov 15, 2002
$25,500,000
Ab Green Raleigh LLC
Florida Hotel Corp
Grant Deed
—
Apr 14, 2000
$445,000
Florida Hotel Corp
Dockter,bonnie B
Grant Deed
—
Feb 17, 1999
$145,000
Florida Hotel Corp
Bernstein,susan
Grant Deed
—
Sep 21, 1998
$386,700
Florida Hotel Corp
Glosser,jeffrey M
Trustees Deed
—
—
—
Brilla Aj Rmb LLC
—
Deed Of Trust
related
$10,000,000 · Rl Miami Funding LLC
—
—
Brilla Aj Rmb LLC
—
Deed Of Trust
related
$10,000,000 · Rl Miami Funding LLC
—
—
Elmira Miami LLC
—
Loan Modification
related
$35,000,000 · * Other Institutional Lenders
—
—
Ab Green Raleigh LLC
—
Deed Of Trust
related
$8,250,000 · International Bank Of Commerce
—
—
Ab Green Raleigh LLC
—
Deed Of Trust
related
$5,892,718 · International Bank Of Commerce
—
—
Twice Around 1775 LLC
—
Deed Of Trust
related
$35,000,000 · Rl Miami Funding LLC
—
—
Elmira Miami LLC
—
Loan Modification
related
$35,000,000 · * Other Institutional Lenders
—
—
Florida Hotel Corp
—
Deed Of Trust
related
$3,475,155 · America Bank Of Tulsa Fsb
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.
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 1775 Collins Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
