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Property profile & analytics
OFF-MARKET
Estimated value
$8,100,000
Office buildings
2300 89th Pl, Doral, FL 33172-2431
Entity Owned
Free & Clear
Property ID
US18-0230299
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
1984
Construction
CONCRETE
Total area
16,240 SF
Lot
2.82 ac (123,013 SF)
Zoning code
7600:INTENSIVE USE
APN
35-3033-007-0190
UPID
US18-0230299
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
by Request
CAP Approach
CAP
$7.65M
Comparable Approach
Comparable
$8.65M
Blend (final)
Blend
$8.10M
Owner & transaction history
89th Place Doral Owner LLC
89th Place Doral Owner LLC
since 2025
Last sale
$8.0M
3 recorded transactions
Zoning & alternative use
7600:INTENSIVE USE · Doral, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$12.0M
+81.5%
Commercial (general)
$12.0M
+80.9%
Auto repair, garage
$10.6M
+60.0%
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 Doral submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Doral 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%
$8,280,000
6.5%
$7,645,000
7%
$7,100,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$6,635,000
Current use
RESTAURANT
$12,045,000
Change: +81% · Conversion: Moderate
COMMERCIAL (GENERAL)
$12,005,000
Change: +81% · Conversion: Easy
AUTO REPAIR, GARAGE
$10,620,000
Change: +60% · Conversion: Difficult
RETAIL STORES
$9,320,000
Change: +40% · Conversion: Moderate
MEDICAL BUILDING
$7,130,000
Change: +7% · Conversion: Easy
Blend value · Realmo final
$8.10M
Range $7.29M – $8.91M · ±10% · vs last sale $8.00M (May 29 2025)
Last sale anchor
$8.00M
May 29 2025
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
$499 / 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
$123,925
Tax year 2023
Assessed value
$7,200,000
Assessed 2023
Previous assessed
$6,465,000
+11.4% YoY
Effective rate
1.72%
On assessed value
Assessed land
$3,936,416
Assessed improvement
$3,263,584
Land market value
$3,936,416
Improvement market value
$3,263,584
Total market value
$7,200,000
Applied tax rate
3,500.0000
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
1984
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Buildings
2
Stories
2
Total area
16,240 SF
Lot
2.82 ac (123,013 SF)
Zoning code
7600:INTENSIVE USE
APN
35-3033-007-0190
UPID
US18-0230299
Jurisdiction
DADE
Metro division
MIAMI-MIAMI BEACH-KENDALL, FL METROPOLITAN DIVISION
Zoning & alternative use
7600:INTENSIVE USE · Doral, FL
Zoning 7600:INTENSIVE USE · permitted uses
7600:INTENSIVE USE · Doral, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Doral. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$6.6M
RESTAURANT
Est. value
$12.0M
COMMERCIAL (GENERAL)
Est. value
$12.0M
AUTO REPAIR, GARAGE
Est. value
$10.6M
RETAIL STORES
Est. value
$9.3M
MEDICAL BUILDING
Est. value
$7.1M
OFFICE BUILDING Current
RESTAURANT
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
RETAIL STORES
MEDICAL BUILDING
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
1984
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
2
Buildings
2
Lot
2.82 ac
Current owner
From public records · entity-resolved
89th Place Doral Owner LLC
Entity
Free & Clear · 0 yrs held
Mailing address
560 MSN ST STE #2900, SAN FRANCISCO, CA 94105-2992
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 29, 2025
$8,000,000
89th Place Doral Owner LLC
Digital 89th Place LLC
Special Warranty Deed
—
Oct 2, 2006
$4,617,300
Peer 1 Dedicated Hosting INC
Hill Properties LLC
Warranty Deed
—
Oct 2, 2006
$5,600,000
Digital 89th Place LLC
Peer 1 Dedicated Hosting INC
Grant Deed
—
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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