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Property profile & analytics
OFF-MARKET
Estimated value
$1,585,000
Medical Office Space
434 Washington Ave Homestead, FL 33030-6036
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US18-4479732
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1956
Construction
CONCRETE
Total area
8,393 SF
Lot
0.46 ac (19,950 SF)
Zoning code
6300:COMMERCIAL,RESTRICT
APN
10-7918-003-0410
UPID
US18-4479732
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
-
GastroMed Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.38M
CAP Approach
CAP
$1.70M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.59M
Owner & transaction history
Mavs1 LLC · 2 yrs held
Mavs1 LLC
since 2023
Last sale
$1.8M
7 recorded transactions
Zoning & alternative use
6300:COMMERCIAL,RESTRICT · Homestead, 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 Homestead submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Homestead 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
$1,360,000
ML approach
$1,375,000
CAP Approach
CAP Return
Estimation
6%
$1,845,000
6.5%
$1,700,000
7%
$1,580,000
Blend value · Realmo final
$1.59M
Range $1.43M – $1.74M · ±10% · vs last sale $1.75M (Oct 3 2023)
Last sale anchor
$1.75M
Oct 3 2023
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
$189 / 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
$27,894
Tax year 2023
Assessed value
$1,427,116
Assessed 2023
Previous assessed
$1,237,995
+15.3% YoY
Effective rate
1.95%
On assessed value
Assessed land
$498,750
Assessed improvement
$928,366
Land market value
$498,750
Improvement market value
$928,366
Total market value
$1,427,116
Applied tax rate
1,000.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1956
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Stories
1
Total area
8,393 SF
Lot
0.46 ac (19,950 SF)
Zoning code
6300:COMMERCIAL,RESTRICT
APN
10-7918-003-0410
UPID
US18-4479732
Jurisdiction
DADE
Metro division
MIAMI-MIAMI BEACH-KENDALL, FL METROPOLITAN DIVISION
Zoning & alternative use
6300:COMMERCIAL,RESTRICT · Homestead, FL
Zoning 6300:COMMERCIAL,RESTRICT · permitted uses
6300:COMMERCIAL,RESTRICT · Homestead, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Homestead. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1956
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.46 ac
Current owner
From public records · entity-resolved
Mavs1 LLC
Entity
Mailing address
5101 SW 8TH ST, CORAL GABLES, FL 33134-2442
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 6, 2026
—
Mavs1 LLC
—
Deed
related
$1,664,723 · First Citizens Bank & Trust Co
Oct 3, 2023
$1,750,000
Mavs1 LLC
Hum Provider Holdings LLC
Special Warranty Deed
$1,487,500 · First Citizens Bank & Trust Co
Oct 5, 2018
$100
Hum Provider Holdings LLC
Continucare Mdhc LLC
Grant Deed
—
Oct 7, 2011
—
Continucare Mdhc LLC
—
Deed Of Trust
related
$10,200,000 · General Electric Capital Corp
Jan 7, 2010
—
Continucare Mdhc LLC
—
Deed Of Trust
related
$6,000,000 · Bank Of America
Oct 4, 2006
$2,039,800
Continucare Mdhc LLC
Peluca Investments LLC
Grant Deed
—
Jul 11, 2005
$815,000
Peluca Investments LLC
Adair,mary H
Warranty Deed
$652,000 · Transatlantic Bank
Oct 4, 2004
—
Mary H Adair
—
Trustees Deed
related
$150,000 · Coconut Grove Bank
—
—
Continucare Mdhc LLC
—
Deed Of Trust
related
$20,400 · General Electric Capital Corp
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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