Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$13,580,000
Hotels
1901 Collins Ave Miami Beach, FL 33139-1911
Entity Owned
12-yr Hold
~
Est. High Equity
Property ID
US18-2593401
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1938
Construction
CONCRETE
Total area
292,919 SF
Lot
2.73 ac (118,799 SF)
Zoning code
4100:MULTI-FAMILY,101+U/A
APN
02-3226-001-0020
UPID
US18-2593401
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
$13.58M
Owner & transaction history
Shore Club Property Owner LLC · 12 yrs held
Shore Club Property Owner LLC
since 2013
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
$46 / 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
$1,118,408
Tax year 2023
Assessed value
$59,884,696
Assessed 2023
Previous assessed
$57,200,000
+4.7% YoY
Effective rate
1.87%
On assessed value
Assessed land
$59,874,696
Assessed improvement
$10,000
Land market value
$59,874,696
Improvement market value
$10,000
Total market value
$59,884,696
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
1938
Construction
CONCRETE
Heating
NONE
Cooling
AC.CHILLED WATER
Buildings
3
Stories
18
Units
309
Total area
292,919 SF
Lot
2.73 ac (118,799 SF)
Zoning code
4100:MULTI-FAMILY,101+U/A
APN
02-3226-001-0020
UPID
US18-2593401
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
1938
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
18
Buildings
3
Units
309
Lot
2.73 ac
Current owner
From public records · entity-resolved
Shore Club Property Owner LLC
Entity
Mailing address
600 MADISON AVE FL #17, NEW YORK, NY 10022-1680
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 28, 2023
—
Shore Club Property Owner LLC
—
Deed
related
$344,000,000 · Jpmorgan Chase Bank NA
Jan 12, 2015
—
Shore Club Property Owner LLC
—
Loan Modification
related
$12,000,000 · Fortress Cr
Dec 31, 2013
$175,337,000
Shore Club Property Owner LLC
Philips South Beach LLC
Grant Deed
$160,497,833 · Fortress Credit Corp
Jun 25, 2013
—
Philips South Beach LLC
—
Grant Deed
related
$160,497,833 · Fortress Cr
May 29, 2001
—
Philips South Beach LLC
—
Grant Deed
related
$27,674,250 · Bank One NA Trustee
Nov 17, 1997
$8,750,000
South Beach LP Phillips
Chof Yamim INC
Grant Deed
—
—
—
Philips South Beach LLC
—
Deed Of Trust
related
$5,033,475 · First National Bank Trustee
—
—
Philips South Beach LLC
—
Deed Of Trust
related
$29,348,177 · Cibc INC
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 1901 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.
