Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$935,000
Bars & Pubs
1911 Miami Ct Miami, FL 33136-1315
Entity Owned
14-yr Hold
Free & Clear
Property ID
US18-2093037
Property profile
Verified
Property type
Bars & Pubs
Use group
NIGHTCLUB (COCKTAIL LOUNGE)
Year built
1936
Construction
CONCRETE
Total area
10,920 SF
Lot
0.27 ac (11,610 SF)
Zoning code
7700:INDUSTRIAL,RESTRICT
APN
01-3125-048-0580
UPID
US18-2093037
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
-
Centner Academy Middle + High School Campus High School
-
Centner Academy High School
-
Punch Elite Fitness Miami Gym & Fitness Center Sports School
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$935k
Owner & transaction history
Aa Holdings LLC · 14 yrs held
Aa Holdings LLC
since 2012
6 recorded transactions
Zoning & alternative use
7700:INDUSTRIAL,RESTRICT · Miami, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$1.5M
+20.9%
Restaurant
$1.5M
+16.7%
Commercial (general)
$1.3M
+1.4%
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 submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Miami 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NIGHTCLUB (COCKTAIL LOUNGE)
$1,245,000
Current use
RETAIL STORES
$1,505,000
Change: +21% · Conversion: Difficult
RESTAURANT
$1,455,000
Change: +17% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,265,000
Change: +1% · Conversion: Difficult
WAREHOUSE, STORAGE
$1,080,000
Change: -13% · Conversion: Difficult
Blend value · Realmo final
$935k
Range $842k – $1.03M · ±10%
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
$86 / 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
$46,371
Tax year 2023
Assessed value
$3,588,000
Assessed 2023
Previous assessed
$1,465,230
+144.9% YoY
Effective rate
1.29%
On assessed value
Assessed land
$1,451,250
Assessed improvement
$2,136,750
Land market value
$1,451,250
Improvement market value
$2,136,750
Total market value
$3,588,000
Applied tax rate
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
Bars & Pubs
Use group
NIGHTCLUB (COCKTAIL LOUNGE)
Status
Off-Market
Year built
1936
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Stories
1
Total area
10,920 SF
Lot
0.27 ac (11,610 SF)
Zoning code
7700:INDUSTRIAL,RESTRICT
APN
01-3125-048-0580
UPID
US18-2093037
Jurisdiction
DADE
Metro division
MIAMI-MIAMI BEACH-KENDALL, FL METROPOLITAN DIVISION
Zoning & alternative use
7700:INDUSTRIAL,RESTRICT · Miami, FL
Zoning 7700:INDUSTRIAL,RESTRICT · permitted uses
7700:INDUSTRIAL,RESTRICT · Miami, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Miami. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NIGHTCLUB (COCKTAIL LOUNGE) Current
Est. value
$1.2M
RETAIL STORES
Est. value
$1.5M
RESTAURANT
Est. value
$1.5M
COMMERCIAL (GENERAL)
Est. value
$1.3M
WAREHOUSE, STORAGE
Est. value
$1.1M
NIGHTCLUB (COCKTAIL LOUNGE) Current
RETAIL STORES
RESTAURANT
COMMERCIAL (GENERAL)
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
1936
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.27 ac
Current owner
From public records · entity-resolved
Aa Holdings LLC
Entity
Free & Clear · 14 yrs held
Mailing address
2627 S BAYSHORE DR APT #2504, MIAMI, FL 33133-5449
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 5, 2012
—
Aa Holdings LLC
Hibbs,william R
Quit Claim Deed
related
—
Oct 9, 2008
—
Aa Holdings LLC
—
Deed Of Trust
related
$1,400,000 · First Farmers & Merchants Nati
Oct 22, 2003
$300,000
A A Holdings LLC
Ssa Holdings LLC
Grant Deed
related
$1,400,000 · First Farmers & Merchants Nati
Mar 1, 2003
$32,500
Robert R Hibbs
Hibbs,william R
Quit Claim Deed
related
—
Jul 12, 2002
$1,300,000
A A Holdings LLC
Savitz,alan D
Grant Deed
related
$975,000 · Hayhurst Mortgage INC
—
—
A A Holdings LLC
—
Deed Of Trust
related
$1,197,084 · First Farmers & Merchants Nati
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 1911 Miami Ct?
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.
