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Property profile & analytics
OFF-MARKET
Estimated value
$675,000
Hotels
508 1st Ave, Hialeah, FL 33010-4704
Entity Owned
20-yr Hold
~
Est. High Equity
Property ID
US19-0383629
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1935
Construction
TYPE NOT SPECIFIED
Total area
9,474 SF
Lot
0.15 ac (6,750 SF)
Zoning code
6100:COMMERCIAL,NEIGHBRHD
APN
04-3118-001-2200
UPID
US19-0383629
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
-
Cabana Motel Hotel & Motel
-
Humbertojr paint & remodeling Painting
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$600k
CAP Approach
CAP
$875k
Comparable Approach
Comparable
$546k
Blend (final)
Blend
$675k
Owner & transaction history
508 Cabana Hotel LLC · 20 yrs held
508 Cabana Hotel LLC
since 2006
7 recorded transactions
Zoning & alternative use
6100:COMMERCIAL,NEIGHBRHD · Hialeah, 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 Hialeah submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hialeah 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
by Request
ML approach
$600,000
CAP Approach
CAP Return
Estimation
6%
$950,000
6.5%
$875,000
7%
$815,000
Blend value · Realmo final
$675k
Range $608k – $743k · ±10%
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
$71 / 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
$28,991
Tax year 2023
Assessed value
$1,600,000
Assessed 2023
Previous assessed
$1,410,000
+13.5% YoY
Effective rate
1.81%
On assessed value
Assessed land
$303,750
Assessed improvement
$1,296,250
Land market value
$303,750
Improvement market value
$1,296,250
Total market value
$1,600,000
Applied tax rate
400.0000
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
Hotels
Use group
HOTEL
Status
Off-Market
Year built
1935
Construction
TYPE NOT SPECIFIED
Heating
NONE
Stories
1
Units
45
Bathrooms
45
Total area
9,474 SF
Lot
0.15 ac (6,750 SF)
Zoning code
6100:COMMERCIAL,NEIGHBRHD
APN
04-3118-001-2200
UPID
US19-0383629
Jurisdiction
DADE
Metro division
MIAMI-MIAMI BEACH-KENDALL, FL METROPOLITAN DIVISION
Zoning & alternative use
6100:COMMERCIAL,NEIGHBRHD · Hialeah, FL
Zoning 6100:COMMERCIAL,NEIGHBRHD · permitted uses
6100:COMMERCIAL,NEIGHBRHD · Hialeah, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Hialeah. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1935
Construction
TYPE NOT SPECIFIED
Heating
NONE
Stories
1
Units
45
Bathrooms
45
Lot
0.15 ac
Current owner
From public records · entity-resolved
508 Cabana Hotel LLC
Entity
Mailing address
19410 ROYAL BIRKDALE DR, HIALEAH, FL 33015-2313
Ownership since
2006
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
Jun 13, 2006
$900,000
508 Cabana Hotel LLC
Principle Investment Props INC
Warranty Deed
$585,000 · Spectrum Mortgage Group INC
Jul 16, 1997
$100,000
Principle Investment Propertie
Penabaz,manuel
Grant Deed
—
—
—
Principle Inv Properties INC
—
Deed Of Trust
related
$210,000 · City First Mortgage Corp
—
—
903 Anchor LLC
—
Deed Of Trust
related
$152,000 · Gisela Sanchez-medina
—
—
508 Cabana Hotel LLC
—
Deed Of Trust
related
$50,000 · Julio C Guanche
—
—
508 Cabana Hotel LLC
—
Deed Of Trust
related
$50,000 · Roberto & Roberto Rodriguez
—
—
508 Cabana Hotel LLC
—
Deed Of Trust
related
$207,922 · Julio C Guanche
—
—
508 Cabana Hotel LLC
—
Loan Modification
related
$971,078 · Biscayne Bk
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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