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Property profile & analytics
OFF-MARKET
Estimated value
$13,545,000
Banks
4234 1st Ave Miami, FL 33127
Entity Owned
4-yr Hold
Free & Clear
Property ID
US18-5125383
Property profile
Verified
Property type
Banks
Use group
FINANCIAL BUILDING
Year built
1970
Construction
CONCRETE
Total area
759 SF
Lot
0.14 ac (6,250 SF)
Zoning code
6100:COMMERCIAL,NEIGHBRHD
APN
01-4105-027-0150
UPID
US18-5125383
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
$9.71M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$13.55M
Owner & transaction history
Tulip Re Services LLC · 4 yrs held
Tulip Re Services LLC
since 2022
Last sale
$15.0M
6 recorded transactions
Zoning & alternative use
6100:COMMERCIAL,NEIGHBRHD · 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
$14,470,000
ML approach
$9,710,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$13.55M
Range $12.19M – $14.90M · ±10% · vs last sale $15.00M (Apr 23 2022)
Last sale anchor
$15.00M
Apr 23 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
$17,846 / 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
$7,540
Tax year 2023
Assessed value
$366,805
Assessed 2023
Previous assessed
$366,805
+0.0% YoY
Effective rate
2.06%
On assessed value
Assessed land
$312,500
Assessed improvement
$54,305
Land market value
$312,500
Improvement market value
$54,305
Total market value
$366,805
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
Banks
Use group
FINANCIAL BUILDING
Status
Off-Market
Year built
1970
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Stories
1
Total area
759 SF
Lot
0.14 ac (6,250 SF)
Zoning code
6100:COMMERCIAL,NEIGHBRHD
APN
01-4105-027-0150
UPID
US18-5125383
Jurisdiction
DADE
Metro division
MIAMI-MIAMI BEACH-KENDALL, FL METROPOLITAN DIVISION
Zoning & alternative use
6100:COMMERCIAL,NEIGHBRHD · Miami, FL
Zoning 6100:COMMERCIAL,NEIGHBRHD · permitted uses
6100:COMMERCIAL,NEIGHBRHD · 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
1970
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.14 ac
Current owner
From public records · entity-resolved
Tulip Re Services LLC
Entity
Free & Clear · 4 yrs held
Mailing address
8700 W FLAGLER ST STE #380, MIAMI, FL 33174-2545
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 23, 2022
$15,000,000
Tulip Re Services LLC
Keystone Havana Club LLC
Special Warranty Deed
—
Apr 14, 2017
—
Keystone Havana Club LLC
Lejeune Corp Center INC
Grant Deed
related
—
Oct 14, 2016
$1,100,000
Keystone Havana Club LLC
Lejeune Corp Center INC
Grant Deed
—
Mar 8, 2012
—
Lejeune Corp Center INC
—
Deed Of Trust
related
$3,495,500 · Sabadell United Bank NA
May 15, 2009
—
Lejeune Corporate Center INC
—
Deed Of Trust
related
$3,500,000 · Transatlantic Bank
Apr 23, 2003
$2,400,000
Lejeune Corporate Center INC
10 Lejeune INC
Grant Deed
related
—
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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