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Property profile & analytics
FOR SALE
Retail properties & Spaces
18950 SW 256Th St Homestead, FL 33031
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US18-0479744
For Sale
1 / 14
Contact for pricing
18950 SW 256Th St, Homestead, FL 33031
View Listing →
Property profile
Verified
Property type
Retail properties & Spaces
Use group
NURSERY, GREENHOUSE, FLORIST
Year built
2017
Total area
1,200 SF
Lot
5 ac (217,800 SF)
Zoning code
9000:AGRICULTURE
APN
30-6826-000-0656
UPID
US18-0479744
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
Blooming Paradise Nursery INC · 8 yrs held
Blooming Paradise Nursery INC
since 2018
7 recorded transactions
Zoning & alternative use
9000:AGRICULTURE · Homestead, FL
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 Homestead submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Homestead 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
$1,388
Tax year 2023
Assessed value
$81,391
Assessed 2023
Previous assessed
$78,013
+4.3% YoY
Effective rate
1.71%
On assessed value
Land market value
$550,000
Improvement market value
$50,046
Total market value
$600,046
Applied tax rate
3,000.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Retail properties & Spaces
Use group
NURSERY, GREENHOUSE, FLORIST
Status
For Sale
Year built
2017
Heating
NONE
Total area
1,200 SF
Lot
5 ac (217,800 SF)
Zoning code
9000:AGRICULTURE
APN
30-6826-000-0656
UPID
US18-0479744
Jurisdiction
DADE
Metro division
MIAMI-MIAMI BEACH-KENDALL, FL METROPOLITAN DIVISION
Zoning & alternative use
9000:AGRICULTURE · Homestead, FLZoning 9000:AGRICULTURE · permitted uses
9000:AGRICULTURE · Homestead, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
code of ordinances
Building & site characteristics
From public records
Year built
2017
Heating
NONE
Lot
5 ac
Current owner
From public records · entity-resolved
Blooming Paradise Nursery INC
Entity
Mailing address
16022 SW 287TH ST, HOMESTEAD, FL 33033-1185
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
16 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 8, 2018
$270,000
Blooming Paradise Nursery INC
Duenas Family Corp
Warranty Deed
$100,000 · Alexis V Duenas
Aug 2, 2017
—
Duenas Family Corp
—
Deed
related
$65,000 · Luis A Romero
Jun 28, 2017
—
Duenas Family Corp
—
Deed
related
$50,000 · Luis A Romero
May 24, 2017
$280,000
Duenas Family Corp
Uy,valentin
Warranty Deed
—
Dec 4, 2014
$239,000
Valentin|sim Chheang K Uy
Community Bk Of Fl
Grant Deed
$167,300 · Community Bk/fl
Jun 20, 2014
$100
Community Bk Of Fl
Hunt Land Trust 2 Coc
Trustees Deed
related
—
May 5, 2010
—
Hunt Land Trust No 2
—
Trustees Deed
related
—
Jun 15, 2009
—
Medallion Companies LLC
—
Deed Of Trust
related
$1,000,000 · Floridian Community Bank
Apr 16, 2008
—
Hunt Land Trust No 2
—
Trustees Deed
related
—
Apr 4, 2005
$375,000
Neal Sandberg
Kasa Nursery & Foliage INC
Warranty Deed
$275,000 · Community Bank Of Florida
—
—
Kasa Nursery & Follage INC
—
Deed Of Trust
related
$81,250 · First National Bank South Fl
—
—
Kasa Nursery & Foliage INC
—
Deed Of Trust
related
$50,000 · Hunt Land Trust #2 (tr)
—
—
Hunt Land Trust No 2
—
Deed Of Trust
related
—
—
—
Hunt Land Trust 2
—
Deed Of Trust
related
—
—
—
Duenas Family Corp
—
Deed Of Trust
related
$65,000 · Luis A Romero
—
—
Duenas Family Corp
—
Deed Of Trust
related
$50,000 · Luis A Romero
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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