Back to Search
Property profile & analytics
OFF-MARKET
Commercial land
399 82nd St Miami, FL 33138
Individually Owned
6-yr Hold
~
Est. High Equity
Property ID
US18-5536385
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Construction
CONCRETE
Lot
0.57 ac (24,740 SF)
Zoning code
4600:MULTI-FAMILY,5+STORY
APN
01-3207-023-0080
UPID
US18-5536385
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
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Pelican Harbor Seabird Station · 6 yrs held
Pelican Harbor Seabird Station
since 2020
7 recorded transactions
Zoning & alternative use
4600:MULTI-FAMILY,5+STORY · 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
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
$14,708
Tax year 2023
Assessed value
$1,863,852
Assessed 2023
Previous assessed
$750,648
+148.3% YoY
Effective rate
0.79%
On assessed value
Assessed land
$1,855,500
Assessed improvement
$8,352
Land market value
$1,855,500
Improvement market value
$8,352
Total market value
$1,863,852
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Construction
CONCRETE
Heating
NONE
Stories
1
Lot
0.57 ac (24,740 SF)
Zoning code
4600:MULTI-FAMILY,5+STORY
APN
01-3207-023-0080
UPID
US18-5536385
Jurisdiction
DADE
Metro division
MIAMI-MIAMI BEACH-KENDALL, FL METROPOLITAN DIVISION
Zoning & alternative use
4600:MULTI-FAMILY,5+STORY · Miami, FL
Zoning 4600:MULTI-FAMILY,5+STORY · permitted uses
4600:MULTI-FAMILY,5+STORY · 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
Construction
CONCRETE
Heating
NONE
Stories
1
Lot
0.57 ac
Current owner
From public records · entity-resolved
Pelican Harbor Seabird Station
Individual
Mailing address
4125 N PNE IS RD, SUNRISE, FL 33351-6005
Ownership since
2020
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
Aug 15, 2025
—
Pelican Harbor Seabird Station INC
—
Deed
related
$2,000,000 · Three Opinions Foundation INC
Sep 6, 2023
—
Pelican Harbor Seabird Station INC
—
Deed
related
$3,760,000 · Bank Of The Ozarks
Feb 1, 2022
—
Pelican Harbor Seabird Station INC
—
Deed
related
$1,580,400 · United States Of America
Jul 29, 2020
—
Pelican Harbor Seabird Station
—
Deed
related
$550,000 · Grove Bk&tr
Feb 11, 2020
$2,450,000
Pelican Harbor Seabird Station
Little River Plaza LLC
Warranty Deed
$550,000 · Private Individual
Mar 27, 2013
$12,000,000
79 Biscayne Plaza LLC
Green-east 2 Ltd
Grant Deed
—
Mar 6, 2012
—
Green-east 2 Ltd
—
Deed Of Trust
related
$9,222,083 · Wells Fargo Bank
Jul 31, 2008
—
Green-east 2 Ltd
—
Deed Of Trust
related
$9,857,843 · Wachovia Bank NA
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 399 82nd St?
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.