Entity Owned Property summary
AI-generated overview
This exceptional 19,000 square foot commercial land parcel presents a unique development opportunity in Miami's thriving Edgewater neighborhood. Situated on the northeast corner of 22nd Street and Biscayne Boulevard, this property boasts four separate folios and convenient vehicular access via surrounding alleys. Currently improved with approximately 4,000 square feet of existing buildings occupied by short-term tenants paying below-market rents, this site offers significant upside potential. The T6-36A-O zoning allows for a variety of mixed-use, residential, or hotel developments. Its strategic location places it east of Wynwood, north of Downtown Miami, south of the Design District, and west of Biscayne Bay, providing easy access to major highways and surrounding neighborhoods. The proximity to the future Edition Residences development site and the bay further enhances its desirability. This is an unparalleled chance to capitalize on Edgewater's rapid growth and create a landmark project in a highly sought-after luxury residential submarket. The address encompasses 2201, 2219, and 2229 Biscayne Boulevard.
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1922
Construction
CONCRETE
Total area
3,168 SF
Lot
0.1 ac (4,500 SF)
Zoning code
CEN HI DENS BORDERS CB
APN
01-3230-026-0510
UPID
US18-3739166
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.31M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.25M
Owner & transaction history
since 2022
Last sale
$4.4M
7 recorded transactions
Zoning & alternative use
CEN HI DENS BORDERS CB · Miami, FL
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 12 comparables with addresses
Sensitivity value band
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$4.25M
Value range
$3.82M – $4.67M
±10% around blend
Estimated value / SF
$1,340 / SF
Confidence
High
12 county-verified comps
Property data
100
Market benchmarks
67
Comparable evidence
100
$3.82M
blend $4.25M
$4.67M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
3,168 SF
Lot area
0.1 ac
Year built
1922
Stories
2
APN
01-3230-026-0510
Zoning
CEN HI DENS BORDERS CB
Assessed value
$1,850,349
Annual tax
$38,901
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$3.12M
Weighted, 12 comps · high confidence
Evidence
12 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
8.1 mi away · 3,508 SF
9.6 mi away · 3,754 SF
11.3 mi away · 2,928 SF
11.4 mi away · 3,165 SF
12.4 mi away · 3,397 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$4.25M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
Submarket 134 sales
$742
+81%
County 163 sales
$747
+79%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $1,340/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 12 sales
Market rates by use type
PDF export
Professional Plan · 30 reports
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Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$4.40M
Move the market yield to see immediate price impact.
Value / SF
$1,389
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$277k
$5.54M
$3.96M
$3.08M
$308k
$6.16M
$4.40M
$3.42M
$339k
$6.78M
$4.84M
$3.76M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
12 found
High confidence · county-verified
Closest comparable
$3.08M
4.9 mi · Jan 2026 · $1,362/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$38,901
Tax year 2023
Assessed value
$1,850,349
Assessed 2023
Previous assessed
$1,513,906
+22.2% YoY
Effective rate
2.10%
On assessed value
Assessed land
$1,687,500
Assessed improvement
$162,849
Land market value
$1,687,500
Improvement market value
$162,849
Total market value
$1,850,349
Applied tax rate
101.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1922
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Buildings
2
Stories
2
Total area
3,168 SF
Lot
0.1 ac (4,500 SF)
Zoning code
CEN HI DENS BORDERS CB
APN
01-3230-026-0510
UPID
US18-3739166
Jurisdiction
DADE
Metro division
MIAMI-MIAMI BEACH-KENDALL, FL METROPOLITAN DIVISION
Zoning & alternative use
CEN HI DENS BORDERS CB · Miami, FLZoning CEN HI DENS BORDERS CB · permitted uses
CEN HI DENS BORDERS CB · Miami, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
1922
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
2
Buildings
2
Lot
0.1 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
CEN HI DENS BORDERS CB
Jurisdiction
Miami, FL
Recorded code
CEN HI DENS BORDERS CB
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for CEN HI DENS BORDERS CB in Miami, FL.
What opens after registration
Zoning profile
2 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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