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Property profile & analytics
OFF-MARKET
Hotels
528 9th Ave Miami, FL 33130-2517
Entity Owned
1-yr Hold
Free & Clear
Property ID
US18-3255833
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1925
Construction
CONCRETE
Total area
13,535 SF
Lot
0.12 ac (5,114 SF)
Zoning code
3900:MULTI-FAM,38-62 U/A
APN
01-4138-003-1950
UPID
US18-3255833
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
-
Terras Restaurant
-
Life House, Little Havana Hotel & Motel
-
Parcela Cafe & Coffee Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Jefferson Hotel LLC · 1 yrs held
Jefferson Hotel LLC
since 2025
Last sale
$7.0M
7 recorded transactions
Zoning & alternative use
3900:MULTI-FAM,38-62 U/A · 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
—
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
$103,120
Tax year 2023
Assessed value
$6,100,000
Assessed 2023
Previous assessed
$5,500,000
+10.9% YoY
Effective rate
1.69%
On assessed value
Assessed land
$306,840
Assessed improvement
$5,793,160
Land market value
$306,840
Improvement market value
$5,793,160
Total market value
$6,100,000
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
Hotels
Use group
HOTEL
Status
Off-Market
Year built
1925
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Stories
3
Units
33
Bathrooms
33
Total area
13,535 SF
Lot
0.12 ac (5,114 SF)
Zoning code
3900:MULTI-FAM,38-62 U/A
APN
01-4138-003-1950
UPID
US18-3255833
Jurisdiction
DADE
Metro division
MIAMI-MIAMI BEACH-KENDALL, FL METROPOLITAN DIVISION
Zoning & alternative use
3900:MULTI-FAM,38-62 U/A · Miami, FL
Zoning 3900:MULTI-FAM,38-62 U/A · permitted uses
3900:MULTI-FAM,38-62 U/A · 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
1925
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
3
Units
33
Bathrooms
33
Lot
0.12 ac
Current owner
From public records · entity-resolved
Jefferson Hotel LLC
Entity
Free & Clear · 1 yrs held
Mailing address
1521 ALTON RD #529, MIAMI BEACH, FL 33139-3301
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 20, 2025
$7,000,000
Jefferson Hotel LLC
Bcd 3 LLC
Special Warranty Deed
—
Jun 5, 2024
—
Bcd 3 LLC
—
Deed
related
$10,400,000 · Maxim Credit Group LLC
Dec 29, 2023
—
Bcd 3 LLC
Husa Lh Jf LLC
Warranty Deed
—
Aug 21, 2019
—
Husa Lh Jf LLC
—
Loan Modification
related
$13,000,000 · Miof Credit 1 LLC
Apr 18, 2018
$8,585,000
Husa Lh Jf LLC
West Brickell Square LLC
Trustees Deed
$23,000,000 · Miof Credit 1 LLC
Sep 22, 2017
—
West Brickell Square LLC
—
Loan Modification
related
$3,100,000 · Eastern Nat'l Bk
Apr 22, 2014
$1,000,000
West Brickell Square LLC
Jefferson Hotel Dev LLC
Warranty Deed
—
Aug 3, 2009
—
Fms Realty INC
—
Grant Deed
related
$1,288,280 · Republic Federal Bank NA
May 19, 2004
$950,000
Fms Realty INC
Herscovici,randy
Grant Deed
$875,000 · Hemisphere National Bank
—
—
West Brickell Square LLC
—
Deed Of Trust
related
$1,800,000 · Eastern Nat'l Bk
—
—
West Brickell Square LLC
—
Loan Modification
related
$2,100,000 · Eastern Nat'l Bk
—
—
Fms Realty INC
—
Deed Of Trust
related
$300,000 · First United 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.
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