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Property profile & analytics
FOR SALE
Drive through restaurants
2928 NW 17Th Ave, Miami, FL 33142
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US18-1504861
For Sale
1 / 29
$2,300,000
2928 NW 17Th Ave, Miami, FL 33142
View Listing →
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
1924
Construction
CONCRETE
Total area
1,061 SF
Lot
0.13 ac (5,750 SF)
Zoning code
6100:COMMERCIAL,NEIGHBRHD
APN
01-3127-095-0010
UPID
US18-1504861
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
-
Papo Llega Y Pon Restaurant
-
Mejor Pan Con Lechon Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
La Lechonera Cuba LLC · 1 yrs held
La Lechonera Cuba LLC
since 2025
Last sale
$117,900
4 recorded transactions
Zoning & alternative use
6100:COMMERCIAL,NEIGHBRHD · 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
—
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
$5,814
Tax year 2023
Assessed value
$424,424
Assessed 2023
Previous assessed
$309,678
+37.1% YoY
Effective rate
1.37%
On assessed value
Assessed land
$373,750
Assessed improvement
$50,674
Land market value
$373,750
Improvement market value
$50,674
Total market value
$424,424
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
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Status
For Sale
Year built
1924
Construction
CONCRETE
Heating
NONE
Stories
1
Bathrooms
1
Total area
1,061 SF
Lot
0.13 ac (5,750 SF)
Zoning code
6100:COMMERCIAL,NEIGHBRHD
APN
01-3127-095-0010
UPID
US18-1504861
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.
Building & site characteristics
From public records
Year built
1924
Construction
CONCRETE
Heating
NONE
Stories
1
Bathrooms
1
Lot
0.13 ac
Current owner
From public records · entity-resolved
La Lechonera Cuba LLC
Entity
Mailing address
4325 BERKSHIRE WHARF DR, LAKE WORTH, FL 33461-4991
Ownership since
2025
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
Jun 25, 2025
—
La Lechonera Cuba LLC
—
Deed
related
$275,000 · Altaloans LLC
Mar 25, 2025
$117,900
La Lechonera Cuba LLC
Bellande Fenelon
Warranty Deed
$175,000 · Choice Investments Com-pany LLC
Sep 19, 2014
—
Bellande Fenelon
Fenelon,bellande
Quit Claim Deed
related
—
Aug 29, 2014
—
Bellande Fienelon
Cristales,victoria
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.
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?”
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