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Property profile & analytics
OFF-MARKET
Estimated value
$2,655,000
Outlet malls
2626 2nd Ave Miami, FL 33137-4415
Entity Owned
Free & Clear
Property ID
US18-5507298
Property profile
Verified
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Year built
1980
Construction
CONCRETE
Total area
8,522 SF
Lot
0.3 ac (13,050 SF)
Zoning code
6110:COMM/RES-DESIGN DIST
APN
01-3125-007-0200
UPID
US18-5507298
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
-
Avanti Shoe Corporation Clothing & Fashion Store (Bike/Boat/Book/etc) Store
-
1811 Revolution Food from Paraguay y Uruguay Restaurant Take-out & Catering
-
The Screening Room Exhibit
-
1811 Pasta Restaurant
-
D'Licious Bakery Take-out & Catering
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.66M
Owner & transaction history
Is H Group INC
Is H Group INC
since 2026
4 recorded transactions
Zoning & alternative use
6110:COMM/RES-DESIGN DIST · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$312 / 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
$71,152
Tax year 2023
Assessed value
$3,887,109
Assessed 2023
Previous assessed
$3,887,109
+0.0% YoY
Effective rate
1.83%
On assessed value
Assessed land
$3,588,750
Assessed improvement
$298,359
Land market value
$3,588,750
Improvement market value
$298,359
Total market value
$3,887,109
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
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Status
Off-Market
Year built
1980
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Stories
2
Total area
8,522 SF
Lot
0.3 ac (13,050 SF)
Zoning code
6110:COMM/RES-DESIGN DIST
APN
01-3125-007-0200
UPID
US18-5507298
Jurisdiction
DADE
Metro division
MIAMI-MIAMI BEACH-KENDALL, FL METROPOLITAN DIVISION
Zoning & alternative use
6110:COMM/RES-DESIGN DIST · Miami, FL
Zoning 6110:COMM/RES-DESIGN DIST · permitted uses
6110:COMM/RES-DESIGN DIST · 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
1980
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
2
Lot
0.3 ac
Current owner
From public records · entity-resolved
Is H Group INC
Entity
Free & Clear · 0 yrs held
Mailing address
1413 BISCAYA DR, SURFSIDE, FL 33154-3319
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2026
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
Mar 16, 2026
—
Is H Group INC
Mario A Arber Revocable Living Trus
Quitclaim Deed
related
—
Mar 16, 2026
$4,900,000
Franchi Umberto Marmi USA Re LLC
I S H Group INC
Warranty Deed
—
Feb 12, 2014
—
I S H Group INC
Arber Mario A Living Trust
Quit Claim Deed
related
—
Nov 30, 2011
—
Arber Mario A Living Trust
Arber,mario A
Quit Claim Deed
related
—
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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