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Property profile & analytics
OFF-MARKET
Estimated value
$4,445,000
Hotels
3425 Collins Ave Miami Beach, FL 33140-4005
Entity Owned
12-yr Hold
Absentee Owner
Property ID
US18-9162567
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1940
Total area
70,958 SF
Lot
1.69 ac (73,812 SF)
Zoning code
4100:MULTI-FAMILY,101+U/A
APN
02-3226-001-1440
UPID
US18-9162567
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.95M
Blend (final)
Blend
$4.45M
Owner & transaction history
3425 Collins LLC · 12 yrs held
3425 Collins LLC
since 2013
7 recorded transactions
Zoning & alternative use
4100:MULTI-FAMILY,101+U/A · Miami Beach, 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 Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Miami Beach 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
$4.45M
Range $4.00M – $4.89M · ±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
$63 / 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
$879,423
Tax year 2023
Assessed value
$46,538,426
Assessed 2023
Previous assessed
$46,538,426
+0.0% YoY
Effective rate
1.89%
On assessed value
Assessed land
$46,501,560
Assessed improvement
$36,866
Land market value
$46,501,560
Improvement market value
$36,866
Total market value
$46,538,426
Applied tax rate
200.0000
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
1940
Heating
NONE
Stories
14
Total area
70,958 SF
Lot
1.69 ac (73,812 SF)
Zoning code
4100:MULTI-FAMILY,101+U/A
APN
02-3226-001-1440
UPID
US18-9162567
Jurisdiction
DADE
Metro division
MIAMI-MIAMI BEACH-KENDALL, FL METROPOLITAN DIVISION
Zoning & alternative use
4100:MULTI-FAMILY,101+U/A · Miami Beach, FL
Zoning 4100:MULTI-FAMILY,101+U/A · permitted uses
4100:MULTI-FAMILY,101+U/A · Miami Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Miami Beach. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1940
Heating
NONE
Stories
14
Lot
1.69 ac
Current owner
From public records · entity-resolved
3425 Collins LLC
Entity
Mailing address
4100 NE 2ND AVE STE #307, MIAMI, FL 33137-3525
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 11, 2020
—
3425 Collins LLC
—
Deed
related
$34,800,000 · Bank Ozk
Aug 12, 2013
$100,000,000
3425 Collins LLC
Chevet Comfort LLC
Warranty Deed
—
Aug 12, 2013
—
Chevet Comfort LLC
Chevet Comfort LLC
Quit Claim Deed
—
Jun 27, 2011
$38,000
Versailles Hotel Condominium Associ
Federal Home Loan Mortgage Corporat
Special Warranty Deed
—
Jan 27, 2011
$49,000
Niklas Albinsson Collander
Federal Home Loan Mortgage Corporat
Special Warranty Deed
—
Jan 27, 2011
—
Federal Home Loan Mortgage Corp
Jpmorgan Chase Bank National Associ
Special Warranty Deed
—
Dec 21, 2010
—
Federal Home Loan Mortgage Corp
Wells Fargo Bank NA
Special Warranty Deed
—
—
—
3425 Collins LLC
—
Deed Of Trust
related
$34,800,000 · Bank Ozk
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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