Property profile

540 123rd St North Miami, FL 33161

OFF-MARKET
Commercial land
Property ID
US19-0800439
0.21 ac lot
Entity Owned 2-yr Hold Free & Clear
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Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 0.21 ac (8,957 SF)
Zoning code 3700:MULTI-FAM,10-21 U/A
APN 06-2230-031-0010
UPID US19-0800439

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

540 123rd St North Miami, FL 33161
North Miami metro Census 306 MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.03M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.20M

Owner & transaction history

since 2023
Last sale
$1.4M
7 recorded transactions
2023
$1.4M
2022
$881,250
2014
$160,000
2013
$19,500
2005
$136,990
2005
Price N/A
2004
Price N/A

Zoning & alternative use

3700:MULTI-FAM,10-21 U/A · North Miami, FL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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