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Property profile & analytics
OFF-MARKET
Estimated value
$13,000,000
Retail residential properties
2328 Miami Ave Miami, FL 33127-4432
Entity Owned
2-yr Hold
Free & Clear
Property ID
US18-0187784
Property profile
Verified
Property type
Retail residential properties
Use group
STORES & APARTMENTS
Year built
1928
Construction
CONCRETE
Total area
2,154 SF
Lot
0.15 ac (6,500 SF)
Zoning code
6100:COMMERCIAL,NEIGHBRHD
APN
01-3125-037-0260
UPID
US18-0187784
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
-
Perro Negro Miami Nightclub Music Venue
-
Found Design LLC Furniture & Home Goods Home Decor Store
-
Miami Green Screen Studio Rental Film Production Television Studio
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$13.00M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$13.00M
Owner & transaction history
Wynwood 126 LLC · 2 yrs held
Wynwood 126 LLC
since 2024
Last sale
$13.0M
7 recorded transactions
Zoning & alternative use
6100:COMMERCIAL,NEIGHBRHD · 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
$13,000,000
ML approach
$13,000,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$13.00M
Range $11.70M – $14.30M · ±10% · vs last sale $13.00M (Apr 30 2024)
Last sale anchor
$13.00M
Apr 30 2024
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
$6,035 / 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
$42,161
Tax year 2023
Assessed value
$2,464,600
Assessed 2023
Previous assessed
$2,464,600
+0.0% YoY
Effective rate
1.71%
On assessed value
Assessed land
$2,275,000
Assessed improvement
$189,600
Land market value
$2,275,000
Improvement market value
$189,600
Total market value
$2,464,600
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
1928
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Stories
1
Total area
2,154 SF
Lot
0.15 ac (6,500 SF)
Zoning code
6100:COMMERCIAL,NEIGHBRHD
APN
01-3125-037-0260
UPID
US18-0187784
Jurisdiction
DADE
Metro division
MIAMI-MIAMI BEACH-KENDALL, FL METROPOLITAN DIVISION
Zoning & alternative use
6100:COMMERCIAL,NEIGHBRHD · Miami, FL
Zoning 6100:COMMERCIAL,NEIGHBRHD · permitted uses
6100:COMMERCIAL,NEIGHBRHD · 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
1928
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.15 ac
Current owner
From public records · entity-resolved
Wynwood 126 LLC
Entity
Free & Clear · 2 yrs held
Mailing address
1027 46TH AVE, LONG ISLAND CITY, NY 11101-5245
Ownership since
2024
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
Apr 30, 2024
$13,000,000
Wynwood 126 LLC
North Miami Ave LLC
Special Warranty Deed
—
Sep 29, 2021
—
Whisk It LLC
—
Deed
related
$210,000 · Lpc Fund LLC
Sep 19, 2019
—
2324-2328 North Miami Ave LLC
—
Loan Modification
related
$3,225,000 · Bank Of America
Jul 16, 2014
$4,369,500
2324-2328 North Miami Ave LLC
Windsor Invs Wynwoo 2324-2328
Grant Deed
$3,225,000 · Bank Of America
Jul 9, 2012
$1,725,000
Windsor Invs Wynwoo 2324-2328
2324-2328 Nma LLC
Warranty Deed
—
Oct 5, 2007
$360,000
2324-2328 Nma LLC
2328 Nma LLC
Warranty Deed
$925,000 · Mellon United National Bank
Apr 5, 2004
$385,000
2328 Nma LLC
Diaz,hilda
Grant Deed
—
Jan 24, 2003
$215,000
Hilda Diaz
Lumpuy,carlos & Marilu
Grant Deed
$180,000 · Carlos & Marilu Lumpuy
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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