New search
Property profile & analytics
OFF-MARKET
Estimated value
$6,835,000
Hotels
3449 42nd Ave Miami, FL 33142-5628
Entity Owned
10-yr Hold
Free & Clear
Property ID
US18-3119111
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
2017
Construction
CONCRETE
Total area
75,627 SF
Lot
1.84 ac (80,242 SF)
Zoning code
6200:COMMERCIAL,ARTERIAL
APN
05-3129-000-0010
UPID
US18-3119111
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
-
Hotel Haptom Airport Hotel & Motel
-
Hampton Inn Miami Airport East Hotel & Motel
-
Fritanga Diner Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$8.76M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$6.84M
Owner & transaction history
Miami Airport Lodging LLC · 10 yrs held
Miami Airport Lodging LLC
since 2015
5 recorded transactions
Zoning & alternative use
6200:COMMERCIAL,ARTERIAL · 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%
$9,485,000
6.5%
$8,755,000
7%
$8,130,000
Blend value · Realmo final
$6.84M
Range $6.15M – $7.52M · ±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
$90 / 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
$220,551
Tax year 2023
Assessed value
$10,000,000
Assessed 2023
Previous assessed
$9,400,000
+6.4% YoY
Effective rate
2.21%
On assessed value
Assessed land
$1,845,566
Assessed improvement
$8,154,434
Land market value
$1,845,566
Improvement market value
$8,154,434
Total market value
$10,000,000
Applied tax rate
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
2017
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Buildings
2
Stories
5
Total area
75,627 SF
Lot
1.84 ac (80,242 SF)
Zoning code
6200:COMMERCIAL,ARTERIAL
APN
05-3129-000-0010
UPID
US18-3119111
Jurisdiction
DADE
Metro division
MIAMI-MIAMI BEACH-KENDALL, FL METROPOLITAN DIVISION
Zoning & alternative use
6200:COMMERCIAL,ARTERIAL · Miami, FL
Zoning 6200:COMMERCIAL,ARTERIAL · permitted uses
6200:COMMERCIAL,ARTERIAL · 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
2017
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
5
Buildings
2
Lot
1.84 ac
Current owner
From public records · entity-resolved
Miami Airport Lodging LLC
Entity
Free & Clear · 10 yrs held
Mailing address
3785 NW 82ND AVE STE #204, DORAL, FL 33166-6630
Ownership since
2015
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
Dec 29, 2020
—
Miami Airport Lodging LLC
—
Deed
related
$15,390,465 · Firstbank Puerto Rico
Dec 22, 2017
—
Miami Airport Lodging LLC
—
Loan Modification
related
$17,000,000 · Firstbank Florida
Oct 19, 2015
—
Miami Airport Lodging LLC
Jaya Jaya Satnaam INC
Grant Deed
related
—
Sep 25, 2015
$2,812,500
Miami Airport Lodging LLC
Jaya Jaya Satnaam INC
Grant Deed
—
May 11, 2012
$1,500,000
Jaya Jaya Satnaam INC
Prince-bush Investments-dade C
Grant Deed
$1,340,100 · Prince-bush Investments-dade C
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 3449 42nd Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
