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Property profile & analytics
OFF-MARKET
Estimated value
$22,745,000
Hotels
2835 Tigertail Ave Miami, FL 33133-5301
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US18-3143568
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1966
Construction
CONCRETE
Total area
33,962 SF
Lot
1.97 ac (85,688 SF)
Zoning code
6101
APN
01-4121-025-0310
UPID
US18-3143568
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
-
The Malone Hotel & Motel
-
Residence Inn Mariott Parking Lot & Garage
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$28.76M
Blend (final)
Blend
$22.75M
Owner & transaction history
Ab Cg Owner LLC · 5 yrs held
Ab Cg Owner LLC
since 2021
Last sale
$21.7M
6 recorded transactions
Zoning & alternative use
6101 · Miami, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$29.7M
+86.9%
Restaurant
$25.2M
+58.3%
Auto repair, garage
$22.2M
+39.5%
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
$28,270,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$15,915,000
Current use
OFFICE BUILDING
$29,740,000
Change: +87% · Conversion: Difficult
RESTAURANT
$25,185,000
Change: +58% · Conversion: Difficult
AUTO REPAIR, GARAGE
$22,205,000
Change: +40% · Conversion: Difficult
RETAIL STORES
$20,190,000
Change: +27% · Conversion: Difficult
MEDICAL BUILDING
$14,915,000
Change: -6% · Conversion: Difficult
Blend value · Realmo final
$22.75M
Range $20.47M – $25.02M · ±10% · vs last sale $21.70M (Mar 17 2021)
Last sale anchor
$21.70M
Mar 17 2021
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
$670 / 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
$395,877
Tax year 2023
Assessed value
$19,280,800
Assessed 2023
Previous assessed
$16,710,160
+15.4% YoY
Effective rate
2.05%
On assessed value
Assessed land
$19,279,800
Assessed improvement
$1,000
Land market value
$19,279,800
Improvement market value
$1,000
Total market value
$19,280,800
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
Hotels
Use group
HOTEL
Status
Off-Market
Year built
1966
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Buildings
3
Stories
2
Units
42
Bathrooms
149
Total area
33,962 SF
Lot
1.97 ac (85,688 SF)
Zoning code
6101
APN
01-4121-025-0310
UPID
US18-3143568
Jurisdiction
DADE
Metro division
MIAMI-MIAMI BEACH-KENDALL, FL METROPOLITAN DIVISION
Zoning & alternative use
6101 · Miami, FL
Zoning 6101 · permitted uses
6101 · 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
HOTEL/MOTEL Current
Est. value
$15.9M
OFFICE BUILDING
Est. value
$29.7M
RESTAURANT
Est. value
$25.2M
AUTO REPAIR, GARAGE
Est. value
$22.2M
RETAIL STORES
Est. value
$20.2M
MEDICAL BUILDING
Est. value
$14.9M
HOTEL/MOTEL Current
OFFICE BUILDING
RESTAURANT
AUTO REPAIR, GARAGE
RETAIL STORES
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
1966
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
2
Buildings
3
Units
42
Bathrooms
149
Lot
1.97 ac
Current owner
From public records · entity-resolved
Ab Cg Owner LLC
Entity
Mailing address
301 W 41ST ST STE #505, MIAMI BEACH, FL 33140-3609
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 3, 2026
—
Ab Cg Owner LLC
—
Deed
related
$410,000,000 · Well Cg Debt Lender LLC
Mar 2, 2023
—
Ab Cg Owner LLC
—
Deed
related
$27,500,000 · City National Bank Of Florida
Mar 17, 2021
$21,700,000
Ab Cg Owner LLC
Hhlp Coconut Grove Associates LLC
Special Warranty Deed
$27,500,000 · Hgi Commercial Funding I LLC
Jun 19, 2013
$14,659,500
Hhlp Coconut Grove Assocs LLC
Grove Hospitality Props LLC
Grant Deed
—
May 11, 2011
—
Grove Hospitality Props LLC
—
Deed Of Trust
related
$17,225,000 · Capmark Bank
Mar 17, 2006
—
The Grove Hospitality Properties Ll
Coconut Grove Associates Ltd
Special Warranty Deed
$17,225,000 · Gmac Commercial Mortgage 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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