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Property profile & analytics
OFF-MARKET
Estimated value
$7,175,000
Community centers
2050 56th St Hialeah, FL 33016-2601
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US19-0812584
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1988
Construction
CONCRETE
Total area
31,490 SF
Lot
2.79 ac (121,585 SF)
Zoning code
6400:COMMERCIAL,CENTRAL
APN
04-2034-164-0020
UPID
US19-0812584
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
-
Growing Up Day Care Daycare Center
-
Lifestar Mental Wellness Center, Inc Medical Clinic
-
Valdivielso Barber Shop Inc Barber Shop
-
Samir Jerez Physician Medical Clinic
-
Super Tax Plus, Inc. Accounting Firm Tax Preparation
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$7.36M
CAP Approach
CAP
$9.73M
Comparable Approach
Comparable
$8.68M
Blend (final)
Blend
$7.18M
Owner & transaction history
2050 West 56th Fl LLC · 3 yrs held
2050 West 56th Fl LLC
since 2022
Last sale
$7.0M
7 recorded transactions
Zoning & alternative use
6400:COMMERCIAL,CENTRAL · Hialeah, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$11.4M
+26.2%
Office building
$10.2M
+13.3%
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 Hialeah submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hialeah 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
$7,335,000
ML approach
$7,355,000
CAP Approach
CAP Return
Estimation
6%
$10,545,000
6.5%
$9,730,000
7%
$9,035,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$9,040,000
Current use
AUTO REPAIR, GARAGE
$11,400,000
Change: +26% · Conversion: Difficult
OFFICE BUILDING
$10,240,000
Change: +13% · Conversion: Moderate
COMMERCIAL (GENERAL)
$8,830,000
Change: -2% · Conversion: Easy
RETAIL STORES
$8,545,000
Change: -5% · Conversion: Easy
Blend value · Realmo final
$7.18M
Range $6.46M – $7.89M · ±10% · vs last sale $7.00M (Oct 24 2022)
Last sale anchor
$7.00M
Oct 24 2022
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
$228 / 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
$105,108
Tax year 2023
Assessed value
$5,600,000
Assessed 2023
Previous assessed
$3,825,053
+46.4% YoY
Effective rate
1.88%
On assessed value
Assessed land
$3,039,625
Assessed improvement
$2,560,375
Land market value
$3,039,625
Improvement market value
$2,560,375
Total market value
$5,600,000
Applied tax rate
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
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
1988
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Buildings
2
Stories
1
Total area
31,490 SF
Lot
2.79 ac (121,585 SF)
Zoning code
6400:COMMERCIAL,CENTRAL
APN
04-2034-164-0020
UPID
US19-0812584
Jurisdiction
DADE
Metro division
MIAMI-MIAMI BEACH-KENDALL, FL METROPOLITAN DIVISION
Zoning & alternative use
6400:COMMERCIAL,CENTRAL · Hialeah, FL
Zoning 6400:COMMERCIAL,CENTRAL · permitted uses
6400:COMMERCIAL,CENTRAL · Hialeah, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Hialeah. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$9.0M
AUTO REPAIR, GARAGE
Est. value
$11.4M
OFFICE BUILDING
Est. value
$10.2M
COMMERCIAL (GENERAL)
Est. value
$8.8M
RETAIL STORES
Est. value
$8.5M
NEIGHBORHOOD: SHOPPING CENTER Current
AUTO REPAIR, GARAGE
OFFICE BUILDING
COMMERCIAL (GENERAL)
RETAIL STORES
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
1988
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Lot
2.79 ac
Current owner
From public records · entity-resolved
2050 West 56th Fl LLC
Entity
Mailing address
18610 NW 87TH AVE STE #204, HIALEAH, FL 33015-3537
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 23, 2025
—
2050 West 56th Fl LLC
—
Deed
related
$1,750,000 · Connectone Bank
Oct 24, 2022
$7,000,000
2050 West 56th Fl LLC
Fernando J Garcia
Warranty Deed
$4,200,000 · Connectone Bank
Jul 15, 2022
—
Eden Ashourzadeh
Fernando Garcia Martinez
Contract Sale
—
Feb 1, 2012
—
Fernando J G Martinez
—
Deed Of Trust
related
$3,950,000 · Ocean Bank
Jan 21, 2004
$5,750,000
Fernando J Martinez
Batista Investment Corp
Grant Deed
$4,600,000 · International Bank Of Miami
Dec 8, 1999
$3,850,000
Batista Investment Corp
Denis Investment Group INC
Grant Deed
$2,920,000 · Union Planters National Bank
Apr 1, 1997
$2,000,000
Denis Investment Group
P F Shopping Center INC
Grant Deed
$240,000 · Seller
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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