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Property profile & analytics
OFF-MARKET
Estimated value
$2,585,000
Retail space
252 Sunny Isle Blvd Ste 3 Sunny Isles Beach, FL 33160-4678
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US18-6279020
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2010
Total area
5,454 SF
APN
31-2214-041-1000
UPID
US18-6279020
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.74M
Comparable Approach
Comparable
$3.03M
Blend (final)
Blend
$2.59M
Owner & transaction history
252 Sunny Isles Blvd Cu2 LLC · 4 yrs held
252 Sunny Isles Blvd Cu2 LLC
since 2022
Last sale
$2.6M
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$4.0M
+29.6%
Commercial (general)
$4.0M
+29.2%
Office building
$3.7M
+19.2%
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 Sunny Isles Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sunny Isles Beach 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
$1,955,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$2,965,000
6.5%
$2,740,000
7%
$2,540,000
Alternative Use
Use
Estimation
RETAIL STORES
$3,120,000
Current use
RESTAURANT
$4,045,000
Change: +30% · Conversion: Easy
COMMERCIAL (GENERAL)
$4,030,000
Change: +29% · Conversion: Easy
OFFICE BUILDING
$3,720,000
Change: +19% · Conversion: Easy
AUTO REPAIR, GARAGE
$3,565,000
Change: +14% · Conversion: Difficult
Blend value · Realmo final
$2.59M
Range $2.33M – $2.84M · ±10% · vs last sale $2.60M (May 25 2022)
Last sale anchor
$2.60M
May 25 2022
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
$474 / 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
$30,213
Tax year 2023
Assessed value
$1,772,550
Assessed 2023
Previous assessed
$1,772,550
+0.0% YoY
Effective rate
1.70%
On assessed value
Total market value
$1,772,550
Applied tax rate
3,100.0000
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 space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2010
Heating
NONE
Total area
5,454 SF
APN
31-2214-041-1000
UPID
US18-6279020
Jurisdiction
DADE
Metro division
MIAMI-MIAMI BEACH-KENDALL, FL METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$3.1M
RESTAURANT
Est. value
$4.0M
COMMERCIAL (GENERAL)
Est. value
$4.0M
OFFICE BUILDING
Est. value
$3.7M
AUTO REPAIR, GARAGE
Est. value
$3.6M
RETAIL STORES Current
RESTAURANT
COMMERCIAL (GENERAL)
OFFICE 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
2010
Heating
NONE
Current owner
From public records · entity-resolved
252 Sunny Isles Blvd Cu2 LLC
Entity
Mailing address
202 SUNNY ISLE BLVD STE #6, SUNNY ISLES BEACH, FL 33160-4680
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 19, 2022
—
252 Sunny Isles Blvd Cu2 LLC
—
Deed
related
$760,000 · First Horizon Bank
May 25, 2022
$2,600,000
252 Sunny Isles Blvd Cu2 LLC
Sayola St Tropez LLC
Warranty Deed
$2,470,000 · First Horizon Bank
Jun 3, 2016
$2,150,000
Lazaro Negrin
Zyz Investments LLC
Warranty Deed
$1,050,000 · Private Individual
Mar 10, 2014
$875,000
Zyz Investments LLC
Posteraro,franco
Warranty Deed
—
Mar 10, 2014
—
Zyz Investments LLC
Figlia Domenico
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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