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Property profile & analytics
OFF-MARKET
Estimated value
$750,000
Office buildings
234 49th St Hialeah, FL 33013-1855
Entity Owned
1-yr Hold
Free & Clear
Property ID
US18-9108176
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1950
Construction
CONCRETE
Total area
2,746 SF
Lot
0.16 ac (6,878 SF)
Zoning code
4800:PLANNED RESID OFFICE
APN
04-3106-058-0060
UPID
US18-9108176
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
-
Mederos Francisco S MD Physician
-
Veterinary Associates of South Florida Veterinary Clinic
-
South Florida Premier Lenders Loan Service Bank
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$750k
CAP Approach
CAP
$870k
Comparable Approach
Comparable
$806k
Blend (final)
Blend
$750k
Owner & transaction history
234west LLC · 1 yrs held
234west LLC
since 2024
Last sale
$750,000
7 recorded transactions
Zoning & alternative use
4800:PLANNED RESID OFFICE · Hialeah, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.2M
+1.6%
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 Hialeah submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hialeah 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
$750,000
ML approach
$750,000
CAP Approach
CAP Return
Estimation
6%
$940,000
6.5%
$870,000
7%
$810,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,185,000
Current use
MEDICAL BUILDING
$1,205,000
Change: +2% · Conversion: Easy
AUTO REPAIR, GARAGE
$995,000
Change: -16% · Conversion: Difficult
Blend value · Realmo final
$750k
Range $675k – $825k · ±10% · vs last sale $750k (Dec 26 2024)
Last sale anchor
$750k
Dec 26 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
$273 / 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
$8,746
Tax year 2023
Assessed value
$564,755
Assessed 2023
Previous assessed
$373,809
+51.1% YoY
Effective rate
1.55%
On assessed value
Assessed land
$398,924
Assessed improvement
$165,831
Land market value
$398,924
Improvement market value
$165,831
Total market value
$564,755
Applied tax rate
400.0000
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
OFFICE BUILDING (MULTI-STORY)
Status
Off-Market
Year built
1950
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Stories
2
Total area
2,746 SF
Lot
0.16 ac (6,878 SF)
Zoning code
4800:PLANNED RESID OFFICE
APN
04-3106-058-0060
UPID
US18-9108176
Jurisdiction
DADE
Metro division
MIAMI-MIAMI BEACH-KENDALL, FL METROPOLITAN DIVISION
Zoning & alternative use
4800:PLANNED RESID OFFICE · Hialeah, FL
Zoning 4800:PLANNED RESID OFFICE · permitted uses
4800:PLANNED RESID OFFICE · Hialeah, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Hialeah. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$1.2M
MEDICAL BUILDING
Est. value
$1.2M
AUTO REPAIR, GARAGE
Est. value
$995,000
OFFICE BUILDING Current
MEDICAL BUILDING
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
1950
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
2
Lot
0.16 ac
Current owner
From public records · entity-resolved
234west LLC
Entity
Free & Clear · 1 yrs held
Mailing address
234 E 49TH ST, HIALEAH, FL 33013-1855
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 26, 2024
$750,000
234west LLC
Veterinary Associates Of South Fl I
Warranty Deed
—
Jul 15, 2021
—
Veterinary Associates Of South Flor
—
Deed
related
$255,000 · United States Small Business Admin
Feb 1, 2021
$670,000
Veterinary Associates Of South Fl I
Mario Alfredo Pinero
Special Warranty Deed
$435,700 · Poppy Bank
Dec 31, 2007
—
Mario A Pinero
Sebastian,judith
Quit Claim Deed
related
$257,000 · Jesus Mayea
Dec 5, 2006
$450,000
Judith Hernandez
Pinero,mario A
Warranty Deed
—
Nov 4, 2003
$240,000
Mario A Pinero
Mederos,francisco S & Carmen S
Grant Deed
—
Apr 18, 2000
$170,000
Francisco S Mederos
R & R Grand INC
Grant Deed
—
Apr 29, 1997
$230,000
R & R Grand INC
Marrero,julio C
Grant Deed
$172,500 · Interamerican Bank Fsb
—
—
Francisco S Mederos
—
Deed Of Trust
related
$261,250 · Equicredit Corp Of America
—
—
Mario A Pinero
—
Deed Of Trust
related
$290,000 · Ocean Bank
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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