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    Property profile & analytics

    5350 16th Ave Hialeah, FL 33012-2165

    • Turn key restaurants
    • 17,962 SF
    • 0.34 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US18-1515905
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Mariachis los Mensajeros - Mariachis en Hialeah / Entertainer / Live Music Venue
    • La Carreta / Cuban Restaurant / Breakfast Restaurant

    Property Details for 5350 16th Ave

    Year built
    1985
    Construction
    CONCRETE
    Lot size
    0.34 lot acres
    Property size
    17,962 SF
    Zone code
    6400:COMMERCIAL,CENTRAL
    Property type
    Turn key restaurants
    APN
    04-2035-071-0040
    APU
    420350710040

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Hialeah
    County
    Miami-dade
    State
    Florida
    Longitude
    -80.3157
    Latitude
    25.871
    CBSA code
    33100
    CBSA name
    MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $29,199
    $525,000
    $1,080,735
    $1,605,735
    -
    $525,000
    $1,080,735
    $1,605,735

    Comparable in this City

    • Value Estimation by Request
      4,166 SF

      330 29th St

      RESTAURANT • 4,166 SF
      330 29th St, Hialeah, FL 33012-5708
      View Details
    • Value Estimation
      $355,000
      3,277 SF

      4950 12th Ave

      RESTAURANT • 3,277 SF
      4950 12th Ave, Hialeah, FL 33012-3115
      View Details
    • Value Estimation by Request
      2,287 SF

      6475 4th Ave

      RESTAURANT • 2,287 SF
      6475 4th Ave, Hialeah, FL 33012-6602
      View Details
    • Value Estimation
      $265,000
      1,540 SF

      5000 12th Ave

      RESTAURANT • 1,540 SF
      5000 12th Ave, Hialeah, FL 33012-3116
      View Details
    • Value Estimation by Request
      1,930 SF

      3333 Okeechobee Rd

      RESTAURANT • 1,930 SF
      3333 Okeechobee Rd, Hialeah, FL 33012-4521
      View Details
    • Value Estimation by Request
      4,486 SF

      1101 49th St

      RESTAURANT • 4,486 SF
      1101 49th St, Hialeah, FL 33012-3337
      View Details

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    • $350,000

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    • $1,950,000
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      Hialeah Restaurant - Prime Location

      Established Restaurant, High Traffic Area
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    Similar Nearby for Lease

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      Stand alone building in Hialeah, renovated in 2015.
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      Westland Promenade Retail Center

      Hialeah Retail Space: Prime Location, Renovated
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      Hialeah Office/Retail Space For Lease

      Prime Hialeah location, 17,816 sq ft.
      4646 4Th Ave, Hialeah, FL 33012
      View Details

    Property Visit Statistics

    • Visits by month
      25.7k
    • Visitors by month
      16.5k
    • Avg Time on site
      37 min
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    Hialeah, FL 33012-2165
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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