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Property profile & analytics
OFF-MARKET
Estimated value
$5,920,000
Assisted living facilities
1864 175th St Miami Gardens, FL 33056-4840
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US18-8477318
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1947
Construction
CONCRETE
Total area
21,104 SF
Lot
1.67 ac (72,759 SF)
Zoning code
0100:SINGLE FAM,GENERAL
APN
34-2110-001-3661
UPID
US18-8477318
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
$5.92M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.63M
Blend (final)
Blend
$5.92M
Owner & transaction history
Sarepta No5 LLC · 1 yrs held
Sarepta No5 LLC
since 2024
Last sale
$5.9M
4 recorded transactions
Zoning & alternative use
0100:SINGLE FAM,GENERAL · Miami Gardens, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$9.3M
+82.3%
Warehouse, storage
$6.3M
+23.4%
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 Gardens submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Miami Gardens 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
$5,920,000
ML approach
$5,920,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING)
$5,085,000
Current use
MEDICAL BUILDING
$9,270,000
Change: +82% · Conversion: Difficult
WAREHOUSE, STORAGE
$6,275,000
Change: +23% · Conversion: Difficult
Blend value · Realmo final
$5.92M
Range $5.33M – $6.51M · ±10% · vs last sale $5.92M (Aug 28 2024)
Last sale anchor
$5.92M
Aug 28 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
$281 / 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
$62,819
Tax year 2023
Assessed value
$4,030,000
Assessed 2023
Previous assessed
$4,030,000
+0.0% YoY
Effective rate
1.56%
On assessed value
Assessed land
$152,794
Assessed improvement
$3,877,206
Land market value
$152,794
Improvement market value
$3,877,206
Total market value
$4,030,000
Applied tax rate
3,400.0000
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
1947
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Stories
36
Units
13
Bathrooms
31
Total area
21,104 SF
Lot
1.67 ac (72,759 SF)
Zoning code
0100:SINGLE FAM,GENERAL
APN
34-2110-001-3661
UPID
US18-8477318
Jurisdiction
DADE
Metro division
MIAMI-MIAMI BEACH-KENDALL, FL METROPOLITAN DIVISION
Zoning & alternative use
0100:SINGLE FAM,GENERAL · Miami Gardens, FL
Zoning 0100:SINGLE FAM,GENERAL · permitted uses
0100:SINGLE FAM,GENERAL · Miami Gardens, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Miami Gardens. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING) Current
Est. value
$5.1M
MEDICAL BUILDING
Est. value
$9.3M
WAREHOUSE, STORAGE
Est. value
$6.3M
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING) Current
MEDICAL BUILDING
WAREHOUSE, STORAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1947
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
36
Units
13
Bathrooms
31
Lot
1.67 ac
Current owner
From public records · entity-resolved
Sarepta No5 LLC
Entity
Mailing address
240 E 5TH ST #1, HIALEAH, FL 33010-4822
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 28, 2024
$5,921,500
Sarepta No5 LLC
Gold Standard Of Care Of Miami Fl L
Special Warranty Deed
$3,600,000 · New Wave Loans Residential LLC
Dec 23, 2011
—
Gold Standard Of Care/miami Flori
American Counselling Education
Grant Deed
—
Apr 30, 2003
—
American Counselling Education
Orlle,cornell & Bobbie
Quit Claim Deed
related
$1,680,000 · Commerce Bank NA
—
—
Gold Standard Of Care & Miami Flori
—
Deed Of Trust
related
$3,200,000 · Landmark Bk
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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