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Property profile & analytics
OFF-MARKET
Hotels
3255 87th Ave Doral, FL 33172-1209
Entity Owned
~
Est. High Equity
Property ID
US19-0715673
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1998
Construction
CONCRETE
Total area
68,911 SF
Lot
3.1 ac (135,115 SF)
Zoning code
7100:INDUSTRIAL,LIGHT MFG
APN
35-3027-052-0050
UPID
US19-0715673
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
-
Isalis (Bike/Boat/Book/etc) Store
-
Party City Party Supply Store (Bike/Boat/Book/etc) Store
-
Skunk Funk Big Box & Wholesale Store
-
Carl's Trading Co Hat Shop
-
Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
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
Miami Airport Hotels LLC
Miami Airport Hotels LLC
since 2025
Last sale
$24.0M
7 recorded transactions
Zoning & alternative use
7100:INDUSTRIAL,LIGHT MFG · Doral, 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 Doral submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Doral 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
$312,100
Tax year 2023
Assessed value
$18,800,000
Assessed 2023
Previous assessed
$16,600,000
+13.3% YoY
Effective rate
1.66%
On assessed value
Assessed land
$6,755,750
Assessed improvement
$12,044,250
Land market value
$6,755,750
Improvement market value
$12,044,250
Total market value
$18,800,000
Applied tax rate
3,500.0000
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
Hotels
Use group
HOTEL
Status
Off-Market
Year built
1998
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Buildings
2
Stories
6
Units
216
Bathrooms
216
Total area
68,911 SF
Lot
3.1 ac (135,115 SF)
Zoning code
7100:INDUSTRIAL,LIGHT MFG
APN
35-3027-052-0050
UPID
US19-0715673
Jurisdiction
DADE
Metro division
MIAMI-MIAMI BEACH-KENDALL, FL METROPOLITAN DIVISION
Zoning & alternative use
7100:INDUSTRIAL,LIGHT MFG · Doral, FL
Zoning 7100:INDUSTRIAL,LIGHT MFG · permitted uses
7100:INDUSTRIAL,LIGHT MFG · Doral, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Doral. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1998
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
6
Buildings
2
Units
216
Bathrooms
216
Lot
3.1 ac
Current owner
From public records · entity-resolved
Miami Airport Hotels LLC
Entity
Mailing address
1290 AVE OF THE AMERICAS, NEW YORK, NY 10104-0101
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 16, 2025
$24,000,000
Miami Airport Hotels LLC
Dre Flco LLC
Special Warranty Deed
$17,475,000 · Intercredit Bank NA
Dec 17, 2019
$32,224,600
Dre Flco LLC
Hotel 3265 North West 87 LP
Grant Deed
—
Feb 12, 2016
$36,000,000
Hotel 3265 North West 87 LP
Avjc Ent LLC
Grant Deed
—
Dec 30, 2015
$15,766,000
Avjc Ent LLC
87 Avenue Hospitality LLC
Grant Deed
—
Nov 29, 2012
$17,000,000
87 Avenue Hospitality LLC
Dha Nw 87th Ave Assoc Coc
Trustees Deed
—
Oct 11, 2005
$13,960,000
Doral Hotel Associates
Cardel Hotel Dev Lc
Grant Deed
$14,000 · Column Financial INC
—
—
Cardel Hotel Development Lc
—
Deed Of Trust
related
$600,000 · Ocean Bank
—
—
Hotel 3265 North West 87 LP
—
Deed Of Trust
related
$30,540,000 · Bank Of America
—
—
87 Avenue Hospitality LLC
—
Deed Of Trust
related
$16,700,000 · Interbank Fsb
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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