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Property profile & analytics
OFF-MARKET
Estimated value
$1,935,000
Assisted living facilities
47 32nd Pl Miami, FL 33125-4914
Entity Owned
~
Est. High Equity
Property ID
US18-4228920
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1924
Construction
CONCRETE
Total area
35,485 SF
Lot
0.92 ac (40,000 SF)
Zoning code
6107:RESID-MEDIUM RETAIL
APN
01-4104-024-0640
UPID
US18-4228920
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
-
Nspire Healthcare Association / Organization
-
Floridean Nursing and Rehabilitation Center Medical Center Nursing Home
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.94M
Owner & transaction history
Floridean Snf Operations LLC
Floridean Snf Operations LLC
since 2026
4 recorded transactions
Zoning & alternative use
6107:RESID-MEDIUM RETAIL · 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
$55 / 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
$125,133
Tax year 2023
Assessed value
$6,665,000
Assessed 2023
Previous assessed
$5,280,000
+26.2% YoY
Effective rate
1.88%
On assessed value
Assessed land
$2,200,000
Assessed improvement
$4,465,000
Land market value
$2,200,000
Improvement market value
$4,465,000
Total market value
$6,665,000
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
1924
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Buildings
2
Stories
2
Units
55
Bathrooms
49
Total area
35,485 SF
Lot
0.92 ac (40,000 SF)
Zoning code
6107:RESID-MEDIUM RETAIL
APN
01-4104-024-0640
UPID
US18-4228920
Jurisdiction
DADE
Metro division
MIAMI-MIAMI BEACH-KENDALL, FL METROPOLITAN DIVISION
Zoning & alternative use
6107:RESID-MEDIUM RETAIL · Miami, FL
Zoning 6107:RESID-MEDIUM RETAIL · permitted uses
6107:RESID-MEDIUM RETAIL · 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
1924
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
2
Buildings
2
Units
55
Bathrooms
49
Lot
0.92 ac
Current owner
From public records · entity-resolved
Floridean Snf Operations LLC
Entity
Mailing address
551 5TH AVE RM #2500, NEW YORK, NY 10176-2600
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 26, 2026
—
Floridean Snf Operations LLC
Floridean Realty Group LLC
Deed
$12,000,000 · Ikaria Mortgage LLC
May 9, 2019
—
Floridean Realty Group LLC
—
Loan Modification
related
$12,625,000 · Popular Bk
Feb 6, 2015
$7,500,000
Floridean Realty Group LLC
Floridean Realty LLC
Special Warranty Deed
$12,000,000 · Pacific Western National Bank
Jul 26, 2002
—
Floridean Realty LLC
Rice,tr
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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