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Property profile & analytics
OFF-MARKET
Estimated value
$795,000
Turn key restaurants
3157 Commodore Plz Miami, FL 33133-5817
Entity Owned
15-yr Hold
~
Est. High Equity
Property ID
US18-9460545
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
2007
Construction
CONCRETE
Total area
11,491 SF
Lot
0.11 ac (5,000 SF)
Zoning code
6101
APN
01-4121-047-0390
UPID
US18-9460545
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
-
Trabajo restaurant Restaurant
-
The Cruz Building Hotel & Motel Resort
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$670k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$922k
Blend (final)
Blend
$795k
Owner & transaction history
Commodore 3157 LLC · 15 yrs held
Commodore 3157 LLC
since 2011
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
by Request
ML approach
$670,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$795k
Range $716k – $875k · ±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
$69 / 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
$56,185
Tax year 2023
Assessed value
$2,795,200
Assessed 2023
Previous assessed
$2,810,091
-0.5% YoY
Effective rate
2.01%
On assessed value
Assessed land
$1,500,000
Assessed improvement
$1,295,200
Land market value
$1,500,000
Improvement market value
$1,295,200
Total market value
$2,795,200
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
2007
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Stories
3
Total area
11,491 SF
Lot
0.11 ac (5,000 SF)
Zoning code
6101
APN
01-4121-047-0390
UPID
US18-9460545
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
2007
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
3
Lot
0.11 ac
Current owner
From public records · entity-resolved
Commodore 3157 LLC
Entity
Mailing address
PO BOX 431436, MIAMI, FL 33243-1436
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 7, 2011
$1,001,000
Commodore 3157 LLC
Hammertoe Holdings INC Coc
Trustees Deed
related
—
Feb 3, 2011
$1,001,000
Zions First Natl Bk
Hammertoe Holdings INC Coc
Trustees Deed
related
—
Feb 3, 2009
—
Hammertoe Holdings LLC
—
Trustees Deed
related
$300,000 · Jodansi Invs LLC
Dec 23, 2008
—
Hammertoe Holdings INC
—
Trustees Deed
related
$30,000 · Eight Peaks Capital LLC
Sep 4, 2007
—
Hammertoe Holdings INC
—
Trustees Deed
related
$110,000 · Eight Peaks Capital LLC
Feb 7, 2006
—
Hammertoe Holdings INC
—
Trustees Deed
related
$2,613,046 · Zions First National Bank
Oct 29, 2002
$950,000
Hammertoe Holdings INC
Solovision INC
Grant Deed
related
$800,000 · Coconut Grove Bank
Dec 3, 1997
$675,000
Solovision INC
Continental Bank NA
Grant Deed
$545,000 · Continental Bank NA
—
—
Hammertoe Holdings INC
—
Deed Of Trust
related
$1,710,000 · First United Bank
—
—
Hammertoe Holdings INC
—
Deed Of Trust
related
$75,000 · Raymon Balassiano
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
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