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Property profile & analytics
OFF-MARKET
Estimated value
$2,700,000
Retail residential properties
2554 8th St Miami, FL 33135-3006
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US18-0419641
Property profile
Verified
Property type
Retail residential properties
Use group
STORES & APARTMENTS
Year built
1928
Construction
CONCRETE
Total area
5,816 SF
Lot
0.11 ac (5,000 SF)
Zoning code
6100:COMMERCIAL,NEIGHBRHD
APN
01-4110-009-0030
UPID
US18-0419641
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
-
Foreign Labor Certification Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.65M
CAP Approach
CAP
$2.12M
Comparable Approach
Comparable
$1.94M
Blend (final)
Blend
$2.70M
Owner & transaction history
2554 Southwest 8th St LLC · 4 yrs held
2554 Southwest 8th St LLC
since 2022
Last sale
$2.8M
7 recorded transactions
Zoning & alternative use
6100:COMMERCIAL,NEIGHBRHD · Miami, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$4.3M
+53.1%
Auto repair, garage
$3.8M
+35.0%
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 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
$2,655,000
ML approach
$2,645,000
CAP Approach
CAP Return
Estimation
6%
$2,290,000
6.5%
$2,115,000
7%
$1,965,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$2,820,000
Current use
RESTAURANT
$4,315,000
Change: +53% · Conversion: Difficult
AUTO REPAIR, GARAGE
$3,805,000
Change: +35% · Conversion: Difficult
MEDICAL BUILDING
$2,555,000
Change: -9% · Conversion: Easy
Blend value · Realmo final
$2.70M
Range $2.43M – $2.97M · ±10% · vs last sale $2.75M (Jul 5 2022)
Last sale anchor
$2.75M
Jul 5 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
$464 / 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
$21,918
Tax year 2023
Assessed value
$1,066,250
Assessed 2023
Previous assessed
$1,088,536
-2.0% YoY
Effective rate
2.06%
On assessed value
Assessed land
$625,000
Assessed improvement
$441,250
Land market value
$625,000
Improvement market value
$441,250
Total market value
$1,066,250
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
Stories
2
Units
3
Bathrooms
3
Total area
5,816 SF
Lot
0.11 ac (5,000 SF)
Zoning code
6100:COMMERCIAL,NEIGHBRHD
APN
01-4110-009-0030
UPID
US18-0419641
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.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$2.8M
RESTAURANT
Est. value
$4.3M
AUTO REPAIR, GARAGE
Est. value
$3.8M
MEDICAL BUILDING
Est. value
$2.6M
COMMERCIAL (GENERAL) Current
RESTAURANT
AUTO REPAIR, GARAGE
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
1928
Construction
CONCRETE
Heating
NONE
Stories
2
Units
3
Bathrooms
3
Lot
0.11 ac
Current owner
From public records · entity-resolved
2554 Southwest 8th St LLC
Entity
Mailing address
1428 BRICKELL AVE STE #202, MIAMI, FL 33131-3409
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 7, 2026
—
2554 Southwest 8th St LLC
—
Deed
related
$2,200,000 · Nm 1900 Group LLC
Dec 20, 2022
—
2554 Southwest 8th St LLC
—
Deed
related
$1,900,000 · Inlight Investments LLC
Jul 5, 2022
$2,750,000
2554 Southwest 8th St LLC
25 Mimo LLC
Warranty Deed
$1,700,000 · IV Holdings Group LLC
Dec 18, 2019
$1,250,000
25 Mimo LLC
Maverick Realty Management LLC
Warranty Deed
$812,500 · Altamar Financial Group LLC
Oct 1, 2015
$650,000
Maverick Realty Management LLC
Sa Acquisition Prop Xvi LLC
Grant Deed
—
Nov 21, 2014
$734,200
Sa Acquisition Prop Xvi LLC
Maria Property & Inv LLC
Deed In Lieu Of Foreclosure
related
—
Feb 3, 2006
—
Maria Property & Inv LLC
Mendez,maria J
Quit Claim Deed
related
$615,000 · Greenpoint Mortgage Funding
Jun 28, 2005
—
Maria J Mendez
Turino,oscar M
Quit Claim Deed
related
—
Mar 25, 2005
$725,000
Oscar M Turino
Garcia Triana Corp
Warranty Deed
$545,000 · Libra Corp
Mar 25, 2005
—
Patricia Williams
Triana,armando G
Affidavit Of Death
related
—
—
—
Maria Property & Inv LLC
—
Deed Of Trust
related
$630,000 · Bank Of America
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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