Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$15,625,000
Hotels
60 352nd St Florida City, FL 33034-4894
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US18-6884242
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
2021
Construction
CONCRETE
Total area
84,305 SF
Lot
2.9 ac (126,225 SF)
Zoning code
7000:INDUSTRIAL,GENERAL
APN
16-7930-001-0290
UPID
US18-6884242
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$11.71M
Comparable Approach
Comparable
$9.82M
Blend (final)
Blend
$15.63M
Owner & transaction history
60 Sw 352 Street Owner LP · 4 yrs held
60 Sw 352 Street Owner LP
since 2022
Last sale
$21.5M
5 recorded transactions
Zoning & alternative use
7000:INDUSTRIAL,GENERAL · Florida City, FL
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 Florida City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Florida City 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
$19,995,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$12,685,000
6.5%
$11,710,000
7%
$10,875,000
Blend value · Realmo final
$15.63M
Range $14.06M – $17.19M · ±10% · vs last sale $21.50M (May 10 2022)
Last sale anchor
$21.50M
May 10 2022
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
$185 / 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
$345,986
Tax year 2023
Assessed value
$17,200,000
Assessed 2023
Previous assessed
$17,200,000
+0.0% YoY
Effective rate
2.01%
On assessed value
Assessed land
$1,716,660
Assessed improvement
$15,483,340
Land market value
$1,716,660
Improvement market value
$15,483,340
Total market value
$17,200,000
Applied tax rate
1,600.0000
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
2021
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Buildings
2
Stories
6
Units
132
Total area
84,305 SF
Lot
2.9 ac (126,225 SF)
Zoning code
7000:INDUSTRIAL,GENERAL
APN
16-7930-001-0290
UPID
US18-6884242
Jurisdiction
DADE
Metro division
MIAMI-MIAMI BEACH-KENDALL, FL METROPOLITAN DIVISION
Zoning & alternative use
7000:INDUSTRIAL,GENERAL · Florida City, FLZoning 7000:INDUSTRIAL,GENERAL · permitted uses
7000:INDUSTRIAL,GENERAL · Florida City, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
C-4 Zoning
Building & site characteristics
From public records
Year built
2021
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
6
Buildings
2
Units
132
Lot
2.9 ac
Current owner
From public records · entity-resolved
60 Sw 352 Street Owner LP
Entity
Mailing address
60 SW 352ND ST, FLORIDA CITY, FL 33034-4894
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 10, 2022
$21,500,000
60 Sw 352 Street Owner LP
Florida City Hospitality LLC
Special Warranty Deed
$17,597,738 · Parlex 14 Finco LLC
Oct 7, 2019
—
Florida City Hospitality LLC
Mango Hotel Development LLC
Special Warranty Deed
$12,650,000 · Centennial Bank
Feb 2, 2016
—
Mango Hotel Dev LLC
Reiss,david P
Warranty Deed
—
Jan 15, 2016
$900,100
Mango Hotel Dev LLC
Reiss,david P
Warranty Deed
—
Mar 19, 2010
$300,000
David P Reiss
Reiss,michael J
Quit Claim 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 60 352nd St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
