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Property profile & analytics
OFF-MARKET
Estimated value
$15,340,000
Grocery and convenience stores
311 7th St Miami, FL 33130-2917
Entity Owned
14-yr Hold
Free & Clear
Property ID
US18-1675756
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
2003
Construction
CONCRETE
Total area
58,634 SF
Lot
1.72 ac (75,058 SF)
Zoning code
6402:MIX USE-BORDERS CBD
APN
01-0204-010-1010
UPID
US18-1675756
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
-
Publix Pharmacy at Miami River Pharmacy
-
Western Union Bank Credit Union
-
S&O Upholstery Cleaning INC. Renovation Specialist
-
higi Physician
-
Presto! ATM at Publix Super Market Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$14.83M
Blend (final)
Blend
$15.34M
Owner & transaction history
Publix Super Markets INC · 14 yrs held
Publix Super Markets INC
since 2012
3 recorded transactions
Zoning & alternative use
6402:MIX USE-BORDERS CBD · 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$15.34M
Range $13.81M – $16.87M · ±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
$262 / 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
$568,281
Tax year 2023
Assessed value
$43,258,350
Assessed 2023
Previous assessed
$43,258,350
+0.0% YoY
Effective rate
1.31%
On assessed value
Assessed land
$43,158,350
Assessed improvement
$100,000
Land market value
$43,158,350
Improvement market value
$100,000
Total market value
$43,258,350
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
2003
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Stories
2
Total area
58,634 SF
Lot
1.72 ac (75,058 SF)
Zoning code
6402:MIX USE-BORDERS CBD
APN
01-0204-010-1010
UPID
US18-1675756
Jurisdiction
DADE
Metro division
MIAMI-MIAMI BEACH-KENDALL, FL METROPOLITAN DIVISION
Zoning & alternative use
6402:MIX USE-BORDERS CBD · Miami, FL
Zoning 6402:MIX USE-BORDERS CBD · permitted uses
6402:MIX USE-BORDERS CBD · 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
2003
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
2
Lot
1.72 ac
Current owner
From public records · entity-resolved
Publix Super Markets INC
Entity
Free & Clear · 14 yrs held
Mailing address
PO BOX 32018, LAKELAND, FL 33802-2018
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 13, 2012
$10,300,000
Publix Super Markets INC
Equity Partners Nine Ltd
Grant Deed
—
Mar 13, 2012
—
Publix Super Markets INC
—
Loan Modification, Consolidation And Extension
related
$7,500,000 · New York Life Insurance
Dec 28, 2001
$2,620,000
Equity Partners Nine Ltd
Brickell Gateway INC
Grant 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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