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Property profile & analytics
OFF-MARKET
Estimated value
$1,240,000
Parking lots & garages
29 24th St Miami, FL 33137
Entity Owned
4-yr Hold
Free & Clear
Property ID
US18-1566626
Property profile
Verified
Property type
Parking lots & garages
Use group
PARKING LOT
Year built
1921
Lot
0.16 ac (7,000 SF)
Zoning code
6101
APN
01-3125-010-0200
UPID
US18-1566626
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
-
Big Move Properties Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.42M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.24M
Owner & transaction history
Livwrk Sol Wynwood LLC · 4 yrs held
Livwrk Sol Wynwood LLC
since 2021
Last sale
$1.1M
7 recorded transactions
Zoning & alternative use
6101 · 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
Method
Estimation
Statistic approach
$1,400,000
ML approach
$1,415,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.24M
Range $1.12M – $1.36M · ±10% · vs last sale $1.08M (May 20 2021)
Last sale anchor
$1.08M
May 20 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
—
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
$28,877
Tax year 2023
Assessed value
$1,581,083
Assessed 2023
Previous assessed
$1,406,083
+12.4% YoY
Effective rate
1.83%
On assessed value
Assessed land
$1,575,000
Assessed improvement
$6,083
Land market value
$1,575,000
Improvement market value
$6,083
Total market value
$1,581,083
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
Parking lots & garages
Use group
PARKING LOT
Status
Off-Market
Year built
1921
Heating
NONE
Lot
0.16 ac (7,000 SF)
Zoning code
6101
APN
01-3125-010-0200
UPID
US18-1566626
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.
Building & site characteristics
From public records
Year built
1921
Heating
NONE
Lot
0.16 ac
Current owner
From public records · entity-resolved
Livwrk Sol Wynwood LLC
Entity
Free & Clear · 4 yrs held
Mailing address
2760 N BAY RD, MIAMI BEACH, FL 33140-4265
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 12, 2021
$18,511,300
Livwrk Sol Wynwood LLC
Eefc 2400 Nma Owner LLC
Special Warranty Deed
—
May 20, 2021
—
24th St Magoo LLC
17 East Mr P LLC
Quit Claim Deed
related
—
Dec 27, 2019
$1,075,000
17 East Mr P LLC
29 Ne 24th St LLC
Grant Deed
—
Sep 21, 2009
$875,000
26 Ne 25 St LLC
Jec Warehouse Investments INC
Warranty Deed
$650,000 · Jec Warehouse Investments INC
Jan 25, 1999
$152,500
Jec Investments INC
Rothman Associates INC
Grant Deed
$110,000 · Seller
—
—
Jec Investments INC
—
Deed Of Trust
related
$10,000 · City National Bank Of Florida
—
—
Nmc2 LLC
—
Deed Of Trust
related
$1,155,000 · Intercontinental Bk
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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