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Property profile & analytics
OFF-MARKET
Estimated value
$615,000
Banks
2952 8th St Homestead, FL 33033-5694
Entity Owned
17-yr Hold
Free & Clear
Property ID
US18-6192984
Property profile
Verified
Property type
Banks
Use group
FINANCIAL BUILDING
Year built
2006
Construction
CONCRETE
Total area
6,489 SF
Lot
1.19 ac (51,619 SF)
Zoning code
PLANNED UNIT DEVELOPMENT
APN
10-7916-001-0092
UPID
US18-6192984
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
-
Oasis Plaza Shopping Center & Mall
-
ATM (Suntrust Bank) Atm
-
SunTrust Mortgage Bank Loan Service
-
Truist Bank Loan Service
-
Truist - ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$545k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$688k
Blend (final)
Blend
$615k
Owner & transaction history
Suntrust Bank · 17 yrs held
Suntrust Bank
since 2009
5 recorded transactions
Zoning & alternative use
PLANNED UNIT DEVELOPMENT · Homestead, FL
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 Homestead submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Homestead 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
by Request
ML approach
$545,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$615k
Range $554k – $677k · ±10%
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
$95 / 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
$63,576
Tax year 2023
Assessed value
$3,000,000
Assessed 2023
Previous assessed
$2,800,000
+7.1% YoY
Effective rate
2.12%
On assessed value
Assessed land
$980,761
Assessed improvement
$2,019,239
Land market value
$980,761
Improvement market value
$2,019,239
Total market value
$3,000,000
Applied tax rate
1,000.0000
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
Banks
Use group
FINANCIAL BUILDING
Status
Off-Market
Year built
2006
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Stories
1
Total area
6,489 SF
Lot
1.19 ac (51,619 SF)
Zoning code
PLANNED UNIT DEVELOPMENT
APN
10-7916-001-0092
UPID
US18-6192984
Jurisdiction
DADE
Metro division
MIAMI-MIAMI BEACH-KENDALL, FL METROPOLITAN DIVISION
Zoning & alternative use
PLANNED UNIT DEVELOPMENT · Homestead, FLZoning PLANNED UNIT DEVELOPMENT · permitted uses
PLANNED UNIT DEVELOPMENT · Homestead, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
code of ordinances
Building & site characteristics
From public records
Year built
2006
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Lot
1.19 ac
Current owner
From public records · entity-resolved
Suntrust Bank
Entity
Free & Clear · 17 yrs held
Mailing address
200 S ORANGE AVE DEPT MC-2032, ORLANDO, FL 32801-3410
Ownership since
2009
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 3, 2009
—
Suntrust Bank
Cip Group Of Homestead II LLC
Grant Deed
related
—
Nov 7, 2006
$2,600,000
Suntrust Bank
Group Of Homestead II LLC
Warranty Deed
—
Jul 5, 2005
$1,600,000
Cip Group Of Homestead II LLC
Tib Bank Of The Keys
Warranty Deed
$1,100,000 · Tib Bank Of The Keys
—
—
Cip Group Of Homestead LLC
—
Deed Of Trust
related
$2,100,000 · Amsouth Bank
—
—
Cip Group Of Homestead LLC
—
Deed Of Trust
related
$12,400,000 · Tib-independent Bankers 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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