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Property profile & analytics
OFF-MARKET
Golf courses & driving ranges
19650 18th Ave Miami, FL 33179
Entity Owned
2-yr Hold
Free & Clear
Property ID
US18-5942582
Property profile
Verified
Property type
Golf courses & driving ranges
Use group
GOLF COURSE
Year built
1962
Construction
CONCRETE
Total area
13,816 SF
Lot
6.76 ac (294,466 SF)
Zoning code
3900:MULTI-FAM,38-62 U/A
APN
30-2205-060-1810
UPID
US18-5942582
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
Bh Lennar Presidential LLC · 2 yrs held
Bh Lennar Presidential LLC
since 2024
Last sale
$17.5M
4 recorded transactions
Zoning & alternative use
3900:MULTI-FAM,38-62 U/A · Miami, 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 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
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
$3,650
Tax year 2023
Assessed value
$294,466
Assessed 2023
Previous assessed
$147,233
+100.0% YoY
Effective rate
1.24%
On assessed value
Assessed land
$294,466
Land market value
$294,466
Total market value
$294,466
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
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
Golf courses & driving ranges
Use group
GOLF COURSE
Status
Off-Market
Year built
1962
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Stories
1
Total area
13,816 SF
Lot
6.76 ac (294,466 SF)
Zoning code
3900:MULTI-FAM,38-62 U/A
APN
30-2205-060-1810
UPID
US18-5942582
Jurisdiction
DADE
Metro division
MIAMI-MIAMI BEACH-KENDALL, FL METROPOLITAN DIVISION
Zoning & alternative use
3900:MULTI-FAM,38-62 U/A · Miami, FLZoning 3900:MULTI-FAM,38-62 U/A · permitted uses
3900:MULTI-FAM,38-62 U/A · Miami, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Planning and Zoning
Building & site characteristics
From public records
Year built
1962
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Lot
6.76 ac
Current owner
From public records · entity-resolved
Bh Lennar Presidential LLC
Entity
Free & Clear · 2 yrs held
Mailing address
2999 NE 191ST STPH2, AVENTURA, FL 33180-3123
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
Jul 23, 2024
$17,500,000
Bh Lennar Presidential LLC
Bh Aventura Presidential Golf Club
Special Warranty Deed
—
Jul 2, 2020
$5,750,000
Bh Aventura Presidential Golf
19650 Ne 18ave LLC
Grant Deed
—
Aug 11, 2011
$20,100
19650 Ne 18th Ave LLC
Presidential Club Lllp Coc
Trustees Deed
—
Sep 15, 2005
$6,500,000
Presidential Club Lllp
Presidential Golf LLC
Grant Deed
$17,250,000 · Union Labor Life Insurance Co
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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