Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$53,090,000
Retail residential properties
3995 Miami Ave Miami, FL 33127
Entity Owned
3-yr Hold
Free & Clear
Property ID
US18-6877588
Property profile
Verified
Property type
Retail residential properties
Use group
STORES & APARTMENTS
Year built
1980
Construction
CONCRETE
Total area
32,733 SF
Lot
0.85 ac (37,066 SF)
Zoning code
6101
APN
01-3124-027-0430
UPID
US18-6877588
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
-
Hedgeforce Bank
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$54.49M
Blend (final)
Blend
$53.09M
Owner & transaction history
Rfd South 40 LLC · 3 yrs held
Rfd South 40 LLC
since 2022
Last sale
$53.3M
7 recorded transactions
Zoning & alternative use
6101 · Miami, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$39.0M
+13.6%
Warehouse, storage
$36.3M
+5.9%
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
$51,365,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$34,295,000
Current use
RETAIL STORES
$38,970,000
Change: +14% · Conversion: Easy
WAREHOUSE, STORAGE
$36,330,000
Change: +6% · Conversion: Difficult
Blend value · Realmo final
$53.09M
Range $47.78M – $58.40M · ±10% · vs last sale $53.25M (Dec 28 2022)
Last sale anchor
$53.25M
Dec 28 2022
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
$1,622 / 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
$614,444
Tax year 2023
Assessed value
$29,890,660
Assessed 2023
Previous assessed
$7,208,712
+314.6% YoY
Effective rate
2.06%
On assessed value
Assessed land
$26,872,850
Assessed improvement
$3,017,810
Land market value
$26,872,850
Improvement market value
$3,017,810
Total market value
$29,890,660
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
Retail residential properties
Use group
STORES & APARTMENTS
Status
Off-Market
Year built
1980
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Buildings
7
Stories
4
Total area
32,733 SF
Lot
0.85 ac (37,066 SF)
Zoning code
6101
APN
01-3124-027-0430
UPID
US18-6877588
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.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$34.3M
RETAIL STORES
Est. value
$39.0M
WAREHOUSE, STORAGE
Est. value
$36.3M
COMMERCIAL (GENERAL) Current
RETAIL STORES
WAREHOUSE, STORAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1980
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
4
Buildings
7
Lot
0.85 ac
Current owner
From public records · entity-resolved
Rfd South 40 LLC
Entity
Free & Clear · 3 yrs held
Mailing address
645 MADISON AVE #401, NEW YORK, NY 10022-1010
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 28, 2022
$53,250,000
Rfd South 40 LLC
Rs Jz 21 Ne 39th LLC
Special Warranty Deed
—
Jun 17, 2016
—
Rs Jz 21 Ne 39th LLC
—
Deed
related
$185,227,364 · Acrefi Holdings J-i LLC
Feb 8, 2016
—
Thor Design District Mm LLC
Thor 2-54 Ne 40th LLC
Quit Claim Deed
—
Feb 8, 2016
$42,755,000
Rs Jz 21 Ne 39th LLC
Thor Design District Mm LLC
Grant Deed
—
May 20, 2014
$5,400,000
Thor 2-54 Ne 40th LLC
Rd Design District LLC
Grant Deed
—
Feb 23, 2012
$6,000,000
Rd Design District LLC
F T Holding LLC
Warranty Deed
$4,500,000 · Wells Fargo Bank NA
Nov 6, 2007
$899,925
Ft Holding LLC
White Dove Holdings LLC
Grant Deed
—
Dec 8, 2004
$3,300,000
White Dove Holdings LLC
Miami Horizon Group LLC
Warranty Deed
related
$2,310,000 · Turnberry Bank
—
—
Rs Jz 21 Ne 39th LLC
—
Loan Modification
related
$185,227,364 · Acrefi Holdings J-i LLC
—
—
Rs Jz 21 Ne 39th LLC
—
Loan Modification
related
$177,500,000 · Private Individual
—
—
Rd Design District LLC
—
Deed Of Trust
related
$5,000,000 · Wells Fargo Bank
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 3995 Miami 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.
