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Property profile & analytics
OFF-MARKET
Estimated value
$1,000,000
Office buildings
211 89th St El Portal, FL 33138-3119
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US18-0483070
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
1954
Construction
CONCRETE
Total area
2,486 SF
Lot
0.18 ac (7,911 SF)
Zoning code
4800:PLANNED RESID OFFICE
APN
18-3206-019-0680
UPID
US18-0483070
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
-
Isalis (Bike/Boat/Book/etc) Store
-
Party City Party Supply Store (Bike/Boat/Book/etc) Store
-
Skunk Funk Big Box & Wholesale Store
-
Carl's Trading Co Hat Shop
-
Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.11M
CAP Approach
CAP
$1.17M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.00M
Owner & transaction history
El Portal 221 LLC · 5 yrs held
El Portal 221 LLC
since 2020
Last sale
$845,000
7 recorded transactions
Zoning & alternative use
4800:PLANNED RESID OFFICE · El Portal, 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 El Portal submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs El Portal 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
$1,040,000
ML approach
$1,105,000
CAP Approach
CAP Return
Estimation
6%
$1,270,000
6.5%
$1,170,000
7%
$1,085,000
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$1,625,000
Change: -14% · Conversion: Difficult
Blend value · Realmo final
$1.00M
Range $900k – $1.10M · ±10% · vs last sale $845k (Dec 16 2020)
Last sale anchor
$845k
Dec 16 2020
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
$402 / 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
$15,516
Tax year 2023
Assessed value
$772,180
Assessed 2023
Previous assessed
$656,503
+17.6% YoY
Effective rate
2.01%
On assessed value
Assessed land
$514,215
Assessed improvement
$257,965
Land market value
$514,215
Improvement market value
$257,965
Total market value
$772,180
Applied tax rate
1,800.0000
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
Office buildings
Use group
PROFESSIONAL BUILDING
Status
Off-Market
Year built
1954
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Stories
1
Units
4
Bathrooms
8
Total area
2,486 SF
Lot
0.18 ac (7,911 SF)
Zoning code
4800:PLANNED RESID OFFICE
APN
18-3206-019-0680
UPID
US18-0483070
Jurisdiction
DADE
Metro division
MIAMI-MIAMI BEACH-KENDALL, FL METROPOLITAN DIVISION
Zoning & alternative use
4800:PLANNED RESID OFFICE · El Portal, FLZoning 4800:PLANNED RESID OFFICE · permitted uses
4800:PLANNED RESID OFFICE · El Portal, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE
Est. value
$1.6M
AUTO REPAIR, GARAGE
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
1954
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Units
4
Bathrooms
8
Lot
0.18 ac
Current owner
From public records · entity-resolved
El Portal 221 LLC
Entity
Mailing address
1205 SW 37TH AVE #3, MIAMI, FL 33135-4226
Ownership since
2020
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
Dec 16, 2020
$845,000
El Portal 221 LLC
Toto 15 LLC
Warranty Deed
—
Jan 17, 2017
—
Toto 15 LLC
—
Deed
related
$234,998 · Regions Bank
Dec 28, 2015
$450,000
Toto 15 LLC
Richard Antoine Zadorozny
Warranty Deed
$360,000 · Regions Bank
Dec 20, 2011
—
Richard A Zadorozny
Zadorozny,richard
Quit Claim Deed
related
—
Jun 23, 2004
$193,000
Richard Zadorzny
Desir,anne
Grant Deed
$183,350 · Mortgage Store Financial INC
Jul 23, 1997
$111,000
Anne Desir
Lockley,carmen J
Grant Deed
$110,092 · Venture Mortgage Investment In
—
—
Anne Desir
—
Deed Of Trust
related
$124,600 · Novastar Mortgage
—
—
Richard Zadorozny
—
Deed Of Trust
related
$198,000 · Eastern Capital 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.
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