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Property profile & analytics
OFF-MARKET
Estimated value
$6,915,000
Assisted living facilities
68 7th St Hialeah, FL 33010-4308
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US18-1808638
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1970
Construction
CONCRETE
Total area
15,654 SF
Lot
0.46 ac (20,250 SF)
Zoning code
3900:MULTI-FAM,38-62 U/A
APN
04-3118-001-3050
UPID
US18-1808638
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
-
Revival Home Inc Nursing Home Retirement Community
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$8.07M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$5.32M
Blend (final)
Blend
$6.92M
Owner & transaction history
Sarepta No 4 LLC · 3 yrs held
Sarepta No 4 LLC
since 2022
Last sale
$6.5M
7 recorded transactions
Zoning & alternative use
3900:MULTI-FAM,38-62 U/A · Hialeah, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$6.9M
+90.9%
Office building
$6.8M
+87.8%
Auto repair, garage
$5.7M
+57.4%
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
$8,195,000
ML approach
$8,065,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$6,875,000
Change: +91% · Conversion: Difficult
OFFICE BUILDING
$6,765,000
Change: +88% · Conversion: Difficult
AUTO REPAIR, GARAGE
$5,670,000
Change: +57% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$4,495,000
Change: +25% · Conversion: Difficult
COMMERCIAL (GENERAL)
$4,390,000
Change: +22% · Conversion: Difficult
RETAIL STORES
$4,230,000
Change: +17% · Conversion: Difficult
Blend value · Realmo final
$6.92M
Range $6.22M – $7.61M · ±10% · vs last sale $6.50M (Dec 27 2022)
Last sale anchor
$6.50M
Dec 27 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
$442 / 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
$99,664
Tax year 2023
Assessed value
$5,310,000
Assessed 2023
Previous assessed
$3,660,000
+45.1% YoY
Effective rate
1.88%
On assessed value
Assessed land
$830,250
Assessed improvement
$4,479,750
Land market value
$830,250
Improvement market value
$4,479,750
Total market value
$5,310,000
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
1970
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Stories
6
Units
36
Bathrooms
12
Total area
15,654 SF
Lot
0.46 ac (20,250 SF)
Zoning code
3900:MULTI-FAM,38-62 U/A
APN
04-3118-001-3050
UPID
US18-1808638
Jurisdiction
DADE
Metro division
MIAMI-MIAMI BEACH-KENDALL, FL METROPOLITAN DIVISION
Zoning & alternative use
3900:MULTI-FAM,38-62 U/A · Hialeah, FL
Zoning 3900:MULTI-FAM,38-62 U/A · permitted uses
3900:MULTI-FAM,38-62 U/A · 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.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING
Est. value
$6.9M
OFFICE BUILDING
Est. value
$6.8M
AUTO REPAIR, GARAGE
Est. value
$5.7M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$4.5M
COMMERCIAL (GENERAL)
Est. value
$4.4M
RETAIL STORES
Est. value
$4.2M
MEDICAL BUILDING
OFFICE BUILDING
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
COMMERCIAL (GENERAL)
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1970
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
6
Units
36
Bathrooms
12
Lot
0.46 ac
Current owner
From public records · entity-resolved
Sarepta No 4 LLC
Entity
Mailing address
240 E 5TH ST, HIALEAH, FL 33010-4822
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 27, 2022
$6,500,000
Sarepta No 4 LLC
Zams Investment Group INC
Special Warranty Deed
$7,800,000 · New Wave Loans Residential LLC
Aug 20, 2019
—
Zams Investment Group INC
—
Deed
related
$1,000,000 · Amerant Bk NA
Jul 22, 2016
—
Zams Investment Group INC
—
Deed
related
$1,329,133 · Mercantil Commercebank
Jun 1, 2009
$2,600,000
Zams Investment Group INC
Ajb Group INC
Warranty Deed
$1,300,000 · Continental National Bank Of Miami
Nov 17, 1998
$1,000,000
Ajb Group INC
Tamiani Trail Medical Center
Grant Deed
$1,000,000 · Seller
—
—
Zams Investment Group INC
—
Deed Of Trust
related
$1,000,000 · Amerant Bk NA
—
—
Zams Investment Group INC
—
Deed Of Trust
related
$1,329,133 · Mercantil Commercebank
—
—
Zams Investment Group INC
—
Deed Of Trust
related
$1,394,307 · Continental Nat'l Bank Miami
—
—
Zams Investment Group INC
—
Deed Of Trust
related
$1,370,000 · Continental Nat'l Bank Miami
—
—
Zams Investment Group INC
—
Deed Of Trust
related
$1,370,000 · Continental Nat'l Bank Miami
—
—
Zams Investment Group INC
—
Deed Of Trust
related
$850,000 · Continental Nat'l Bank Miami
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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