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Property profile & analytics
OFF-MARKET
Estimated value
$765,000
Retail residential properties
222 27th St, Miami, FL 33137-4522
Entity Owned
14-yr Hold
~
Est. High Equity
Property ID
US18-6360571
Property profile
Verified
Property type
Retail residential properties
Use group
STORES & APARTMENTS
Year built
1921
Construction
CONCRETE
Total area
2,204 SF
Lot
0.12 ac (5,280 SF)
Zoning code
CEN HI DENS BORDERS CB
APN
01-3230-018-0110
UPID
US18-6360571
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
-
Custom Doors Hardware & Home Improvement Production Facility
-
Borano Custom Doors 7 Windows Hardware & Home Improvement Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$800k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$765k
Owner & transaction history
Cervona LLC · 14 yrs held
Cervona LLC
since 2012
7 recorded transactions
Zoning & alternative use
CEN HI DENS BORDERS CB · Miami, 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 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%
$870,000
6.5%
$800,000
7%
$745,000
Blend value · Realmo final
$765k
Range $689k – $842k · ±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
$347 / 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
$24,554
Tax year 2023
Assessed value
$2,231,369
Assessed 2023
Previous assessed
$2,231,369
+0.0% YoY
Effective rate
1.10%
On assessed value
Assessed land
$1,980,000
Assessed improvement
$251,369
Land market value
$1,980,000
Improvement market value
$251,369
Total market value
$2,231,369
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
Retail residential properties
Use group
STORES & APARTMENTS
Status
Off-Market
Year built
1921
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Buildings
2
Stories
2
Bathrooms
2
Total area
2,204 SF
Lot
0.12 ac (5,280 SF)
Zoning code
CEN HI DENS BORDERS CB
APN
01-3230-018-0110
UPID
US18-6360571
Jurisdiction
DADE
Metro division
MIAMI-MIAMI BEACH-KENDALL, FL METROPOLITAN DIVISION
Zoning & alternative use
CEN HI DENS BORDERS CB · Miami, FL
Zoning CEN HI DENS BORDERS CB · permitted uses
CEN HI DENS BORDERS CB · 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.
Building & site characteristics
From public records
Year built
1921
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
2
Buildings
2
Bathrooms
2
Lot
0.12 ac
Current owner
From public records · entity-resolved
Cervona LLC
Entity
Mailing address
4220 MYRICA LN, MIAMI, FL 33137-3368
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
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 20, 2021
—
Cervona LLC
—
Deed
related
$1,000,000 · Bankunited NA
Jan 9, 2018
—
Cervona LLC
—
Deed
related
$2,200,000 · Branch Bk&tr
Jan 23, 2012
$400,000
Cervona LLC
Euroholdings INC
Warranty Deed
—
Nov 3, 2009
—
Euroholdings INC
Richards,ruel Coc
Trustees Deed
related
—
Dec 27, 2007
$621,900
Ruel Richards
Dillon,clifton
Warranty Deed
—
Jun 14, 2004
$286,000
Clifton Dillon
Dillon,nicola
Quit Claim Deed
related
—
Nov 6, 2002
$357,000
Nicola Dillon
Dillon,clifton
Grant Deed
related
$285,600 · Rfs Mortgage Bankers
Jun 16, 2000
$210,000
Clifton Dillon
Palacios,martha
Grant Deed
$140,000 · Diversified Capital Corp Tn
—
—
Martha C Palacios
—
Deed Of Trust
related
$116,000 · Prime Mortgage Investors INC
—
—
Clifton Dillon
—
Deed Of Trust
related
$180,000 · Eduardo & Lillian Fuentes
—
—
Clifton Dillon
—
Deed Of Trust
related
$430,000 · Eurobank
—
—
Clifton Dillon
—
Deed Of Trust
related
$200,000 · Eurobank
—
—
Cervona LLC
—
Deed Of Trust
related
$2,200,000 · Branch Bk&tr
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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