Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$22,205,000
Hotels
2524 Le Jeune Rd Coral Gables, FL 33134-5806
Individually Owned
13-yr Hold
~
Est. High Equity
Property ID
US18-6964272
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
2018
Total area
184,461 SF
Lot
0.65 ac (28,164 SF)
Zoning code
6100:COMMERCIAL,NEIGHBRHD
APN
03-4117-008-1111
UPID
US18-6964272
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
$21.35M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$22.21M
Owner & transaction history
Coral Gables Miracle Mile Hote · 13 yrs held
Coral Gables Miracle Mile Hote
since 2012
4 recorded transactions
Zoning & alternative use
6100:COMMERCIAL,NEIGHBRHD · Coral Gables, 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 Coral Gables submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Coral Gables 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%
$23,130,000
6.5%
$21,350,000
7%
$19,825,000
Blend value · Realmo final
$22.21M
Range $19.98M – $24.43M · ±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
$120 / 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
$461,887
Tax year 2023
Assessed value
$27,800,000
Assessed 2023
Previous assessed
$24,900,000
+11.6% YoY
Effective rate
1.66%
On assessed value
Assessed land
$11,265,600
Assessed improvement
$16,534,400
Land market value
$11,265,600
Improvement market value
$16,534,400
Total market value
$27,800,000
Applied tax rate
300.0000
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
Hotels
Use group
HOTEL
Status
Off-Market
Year built
2018
Heating
NONE
Cooling
CENTRAL
Stories
7
Units
171
Bathrooms
171
Total area
184,461 SF
Lot
0.65 ac (28,164 SF)
Zoning code
6100:COMMERCIAL,NEIGHBRHD
APN
03-4117-008-1111
UPID
US18-6964272
Jurisdiction
DADE
Metro division
MIAMI-MIAMI BEACH-KENDALL, FL METROPOLITAN DIVISION
Zoning & alternative use
6100:COMMERCIAL,NEIGHBRHD · Coral Gables, FL
Zoning 6100:COMMERCIAL,NEIGHBRHD · permitted uses
6100:COMMERCIAL,NEIGHBRHD · Coral Gables, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Coral Gables. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2018
Heating
NONE
Cooling
Yes
Stories
7
Units
171
Bathrooms
171
Lot
0.65 ac
Current owner
From public records · entity-resolved
Coral Gables Miracle Mile Hote
Individual
Mailing address
2533 SW 19TH AVE APT #400, COCONUT GROVE, FL 33133-2465
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 18, 2012
$4,000,000
Coral Gables Miracle Mile Hote
Arc Gables LLC
Warranty Deed
$290,000 · Arc Gables LLC
Jul 14, 2011
$2,945,900
Arc Gables LLC
Us Century Bk
Grant Deed
$2,000,000 · Kireland General Invs LLC
Feb 28, 2011
$300,100
U S Century Bank
Valencia Investors LLC Coc
Trustees Deed
related
—
Oct 14, 2005
—
Valencia Investors LLC
Gables Manor INC
Warranty 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2524 Le Jeune Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
