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Property profile & analytics
OFF-MARKET
Estimated value
$1,150,000
Hotels
18001 Collins Ave Sunny Isles Beach, FL 33160-2722
Individually Owned
1-yr Hold
Free & Clear
Property ID
US18-3833929
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1956
Construction
CONCRETE
Total area
54,742 SF
Lot
2.95 ac (128,492 SF)
Zoning code
5000:HOTELS&MOTELS-GEN
APN
31-2202-003-0281
UPID
US18-3833929
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
Current use
Occupant on record · Public records
-
Isalis (Bike/Boat/Book/etc) Store
-
Party City Party Supply Store (Bike/Boat/Book/etc) Store
-
Skunk Funk Big Box & Wholesale Store
-
Carl's Trading Co Hat Shop
-
Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.15M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.03M
Blend (final)
Blend
$1.15M
Owner & transaction history
William Iannaci · 1 yrs held
William Iannaci
since 2024
Last sale
$1.2M
7 recorded transactions
Zoning & alternative use
5000:HOTELS&MOTELS-GEN · Sunny Isles 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 Sunny Isles Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sunny Isles 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
$1,150,000
ML approach
$1,150,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.15M
Range $1.04M – $1.27M · ±10% · vs last sale $1.15M (Dec 12 2024)
Last sale anchor
$1.15M
Dec 12 2024
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
$21 / 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
$158,179
Tax year 2023
Assessed value
$9,280,000
Assessed 2023
Previous assessed
$9,280,000
+0.0% YoY
Effective rate
1.70%
On assessed value
Total market value
$9,280,000
Applied tax rate
3,100.0000
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/MOTEL
Status
Off-Market
Year built
1956
Construction
CONCRETE
Heating
NONE
Cooling
YES
Stories
3
Bathrooms
121
Total area
54,742 SF
Lot
2.95 ac (128,492 SF)
Zoning code
5000:HOTELS&MOTELS-GEN
APN
31-2202-003-0281
UPID
US18-3833929
Jurisdiction
DADE
Metro division
MIAMI-MIAMI BEACH-KENDALL, FL METROPOLITAN DIVISION
Zoning & alternative use
5000:HOTELS&MOTELS-GEN · Sunny Isles Beach, FL
Zoning 5000:HOTELS&MOTELS-GEN · permitted uses
5000:HOTELS&MOTELS-GEN · Sunny Isles Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Sunny Isles Beach. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1956
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
3
Bathrooms
121
Lot
2.95 ac
Current owner
From public records · entity-resolved
William Iannaci
Individual
Free & Clear · 1 yrs held
Mailing address
323 S 21ST AVEC, HOLLYWOOD, FL 33020-5011
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
71 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 12, 2024
$1,150,000
William Iannaci
Sam Amigo 3 INC
Warranty Deed
—
Apr 26, 2024
$270,000
USA Real State LLC
Carmen Rosa Behety
Warranty Deed
$180,000 · Oceanshore Investments LLC
Jun 23, 2016
—
Pablo M Lopez
Callado,barbara
Quit Claim Deed
related
—
Aug 20, 2014
—
Vida Aida INC
Dorsa,renee E
Warranty Deed
—
Jul 15, 2004
—
Gvp Management Corp
Perrier,greggory
Quit Claim Deed
related
—
May 28, 2004
$325,000
Nd Productions Corp
Sunny Isles Luxury Ventures L
Grant Deed
—
May 27, 2004
$285,000
Arturo Cepero
Sunny Isles Luxury Ventures L
Grant Deed
—
May 20, 2004
$295,000
Greggory Perrier
Sunny Isles Luxury Ventures L
Grant Deed
—
May 18, 2004
$275,000
Isles Luxury Ventures L Sunny
Sunny Isles Luxury Ventures L
Grant Deed
related
—
May 3, 2004
$243,000
Louis Bisaquino
Rodriguez,susana M
Grant Deed
—
May 3, 2004
$318,000
Sunny Isles LLC
Sunny Isles Luxury Ventures L
Grant Deed
related
—
May 3, 2004
$861,300
Sunny Isles LLC
Sunny Isles Luxury Ventures L
Grant Deed
related
—
May 3, 2004
$277,000
Sunny Isles LLC
Sunny Isles Luxury Ventures Tr
Grant Deed
related
—
May 3, 2004
$288,000
Sunny Isles LLC
Sunny Isles Luxury Ventures L
Grant Deed
related
—
May 3, 2004
$306,000
Sunny Isles LLC
Sunny Isles Luxury Ventures Tr
Grant Deed
related
—
May 3, 2004
$279,000
Sunny Isles LLC
Sunny Isles Luxury Ventures Tr
Grant Deed
related
—
Apr 26, 2004
$165,000
David Sadek
Sunny Isles Luxury Ventures Lc
Grant Deed
—
Apr 26, 2004
$585,000
David Sadek
Sunny Isles Luxury Ventures Lc
Grant Deed
—
Apr 6, 2004
$425,000
Ngam Nwachukwu Corp
Sunny Isles Luxury Ventures Lc
Grant Deed
$210,000 · City First Mortgage Corp
Mar 22, 2004
—
Sunny Isles Property Inv INC
Brener,leon
Grant Deed
related
—
Mar 12, 2004
$370,000
Frank M Congine
Roger,vicnete E & Lauar M
Grant Deed
—
Mar 1, 2004
$270,000
Ponnuswamy,tr
Odissey Corp
Grant Deed
—
Feb 23, 2004
—
Arthur Haruvi
Api Properties 256 LLC
Grant Deed
related
—
Jan 30, 2004
$615,000
David Rodbard
Sunny Isles Luxury Ventures L
Grant Deed
—
Dec 29, 2003
$277,500
Eck Investments LLC
Sunny Isles Luxury Ventures L
Grant Deed
—
Dec 24, 2003
$360,000
Inalvan Corp
Sunny Isles Luxury Ventures L
Grant Deed
—
Dec 24, 2003
$350,000
William Rutherford
Sunny Isles Luxury Ventures L
Grant Deed
—
Dec 18, 2003
$300,000
Frank M Congine
Russo,salvadore
Grant Deed
—
Dec 2, 2003
$173,000
Rachel Bilia
Sunny Isles Luxury Ventures L
Grant Deed
—
Nov 14, 2003
$289,000
Irina Pilyavsky
Sunny Isles Luxury Ventures L
Grant Deed
$200,000 · Barbara Sax
Nov 7, 2003
$500,000
Sung K Lee
Sunny Isles Luxury Ventures L
Grant Deed
—
Oct 16, 2003
$293,000
Tovaron-usa INC
Sunny Isles Luxury Ventures L
Grant Deed
—
Oct 15, 2003
$310,000
Daisy S Arana
Sunny Isles Luxury Ventures Lc
Grant Deed
$180,000 · Sasco Financial Corp
Sep 22, 2003
$181,800
Laurence Lewitas
Sunny Isles Luxury Ventures L
Grant Deed
—
Sep 11, 2003
$255,100
Tres Hermanos LLC
Sunny Isles Luxury Ventures L
Grant Deed
—
Sep 4, 2003
$181,900
Chimol Chocron Deuropa LLC
Sunny Isles Luxury Ventures L
Grant Deed
—
Sep 2, 2003
$304,000
Isles Luxury Ventures L Sunny
Sunny Isles Luxury Ventures L
Grant Deed
related
—
Aug 28, 2003
$253,000
Cresud USA Investments Corp
Sunny Isles Luxury Ventures L
Grant Deed
—
Aug 28, 2003
$175,000
Patricia S Rincon
Sunny Isles Luxury Ventures L
Grant Deed
—
Aug 28, 2003
$214,000
Tovaron USA INC
Sunny Isles Luxury Ventures L
Grant Deed
—
Aug 19, 2003
$607,500
Sonnia A Cisneros
Sunny Isles Luxury Ventures
Grant Deed
$300,000 · Ocean Bank
Aug 13, 2003
$315,000
Elijah Wu
Sunny Isles Luxury Ventures L
Grant Deed
—
Aug 6, 2003
$600,000
David Yoo
Sunny Isles Luxury Ventures L
Grant Deed
$450,000 · Interaudi Bank
Aug 5, 2003
$454,000
European Wines & Spirits INC
Sunny Isles Luxury Ventures L
Grant Deed
$317,800 · International Bank Of Miami
Aug 5, 2003
$155,500
Isles Luxury Ventures L Sunny
Sunny Isles Luxury Ventures L
Grant Deed
related
—
Aug 2, 2003
$287,000
La Rhesa Properties 1 LP
Ocean 1401 INC
Grant Deed
$179,000 · Frederick P Wurlitzer
Jul 31, 2003
$205,000
33160 Edsy LLC
Sunny Isles Luxury Ventures L
Grant Deed
—
Jul 28, 2003
$260,000
Edsy LLC
Sunny Isles Luxury Ventures L
Grant Deed
—
Jul 24, 2003
$182,000
Ocean Grande LLC
Sunny Isles Luxury Ventures L
Grant Deed
—
Jul 24, 2003
$725,000
Igor Lantsov
Sunny Isles Luxury Ventures L
Grant Deed
—
Jul 22, 2003
$855,400
Alan Rusenblum
Sunny Isles Luxury Ventures L
Grant Deed
$600,000 · Interaudi Bank
Jul 22, 2003
$143,400
Chimol Chocron Deuropa LLC
Sunny Isles Luxury Ventures L
Grant Deed
—
Jul 22, 2003
$169,700
Chimol Chocron Deuropa LLC
Sunny Isles Luxury Ventures L
Grant Deed
—
Jul 18, 2003
$400,000
Pedro De Armas
Sunny Isles Luxury Ventures L
Grant Deed
—
Jul 17, 2003
$250,000
Danog LLC
Sunny Isles Luxury Ventures L
Grant Deed
—
Jul 17, 2003
$226,000
Clara Pisada
Sunny Isles Luxury Ventures L
Grant Deed
—
Jul 9, 2003
$300,000
Vito Pitta
Sunny Isles Luxury Ventures L
Grant Deed
—
Jul 9, 2003
$134,500
Chimol Chocron Deuropa LLC
Sunny Isles Luxury Ventures L
Grant Deed
—
Jun 26, 2003
$250,000
David I Schaffer Partnership
Sunny Isles Luxury Ventures Lc
Grant Deed
—
Apr 29, 2003
$184,000
Ocean 1402 INC
Sunny Isles Luxury Ventures
Grant Deed
$128,800 · United Mortgage Bankers INC
Apr 29, 2003
$146,000
Ocean 1401 INC
Sunny Isles Luxury Ventures
Grant Deed
$102,200 · United Mortgage Bankers INC
Apr 3, 2003
$261,000
Juan C Castaneda
Sunny Isles Ventures Trustee
Grant Deed
$182,700 · Colonial Bank
Mar 24, 2003
$257,900
Chumar Group LLC
Sunny Isles Luxury Ventures Lc
Grant Deed
$206,000 · Bristol Bank
Mar 24, 2003
$315,000
Chumar Group LLC
Sunny Isles Luxury Ventures
Grant Deed
$252,000 · Bristol Bank
Mar 21, 2003
$370,000
Athp 2408 Corp
Sunnys Isles Luxury Ventures
Grant Deed
$259,000 · Union Credit Bank
Mar 20, 2003
$339,000
Karl Amalia
Sunny Isles Luxury Ventures Tr
Grant Deed
—
Feb 26, 2003
$450,000
Laura Fitzgibbons
Sunny Isles Luxury Ventures Lc
Grant Deed
$337,500 · Pinnacle Direct Funding Corp
Feb 11, 2003
$143,700
Mckay Properties INC
Sunny Isles Luxury Ventures Lc
Grant Deed
—
Feb 11, 2003
$337,100
Mckay Properties INC
Sunny Isles Luxury Ventures Lc
Grant Deed
—
Oct 19, 2000
$12,000,000
Sunny Isles Luxury Ventures Lc
Ocean Grade Beach Resort Lc
Grant Deed
—
Apr 26, 1999
$5,800,000
Surf Vista LLC
North Beach Hotel INC
Grant Deed
—
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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