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Property profile & analytics
OFF-MARKET
Estimated value
$3,625,000
Retail residential properties
686 125th St North Miami, FL 33161-5546
Entity Owned
25-yr Hold
~
Est. High Equity
Property ID
US18-2836864
Property profile
Verified
Property type
Retail residential properties
Use group
STORES & APARTMENTS
Year built
1952
Construction
CONCRETE
Total area
20,173 SF
Lot
0.26 ac (11,500 SF)
Zoning code
6000:COMMERCIAL,GENERAL
APN
06-2230-032-0010
UPID
US18-2836864
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.63M
Owner & transaction history
M I A Properties INC · 25 yrs held
M I A Properties INC
since 2000
7 recorded transactions
Zoning & alternative use
6000:COMMERCIAL,GENERAL · North 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 North Miami submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs North 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
$180 / 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
$33,719
Tax year 2023
Assessed value
$1,801,780
Assessed 2023
Previous assessed
$1,801,780
+0.0% YoY
Effective rate
1.87%
On assessed value
Assessed land
$805,000
Assessed improvement
$996,780
Land market value
$805,000
Improvement market value
$996,780
Total market value
$1,801,780
Applied tax rate
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
Retail residential properties
Use group
STORES & APARTMENTS
Status
Off-Market
Year built
1952
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Stories
2
Total area
20,173 SF
Lot
0.26 ac (11,500 SF)
Zoning code
6000:COMMERCIAL,GENERAL
APN
06-2230-032-0010
UPID
US18-2836864
Jurisdiction
DADE
Metro division
MIAMI-MIAMI BEACH-KENDALL, FL METROPOLITAN DIVISION
Zoning & alternative use
6000:COMMERCIAL,GENERAL · North Miami, FL
Zoning 6000:COMMERCIAL,GENERAL · permitted uses
6000:COMMERCIAL,GENERAL · North Miami, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
North Miami. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1952
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
2
Lot
0.26 ac
Current owner
From public records · entity-resolved
M I A Properties INC
Entity
Mailing address
696 NE 125TH ST, NORTH MIAMI, FL 33161-5546
Ownership since
2000
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 28, 2018
—
Mia Properties INC
—
Loan Modification
related
$1,772,764 · Popular Bk
Aug 31, 2000
$1,400,000
M I A Properties INC
Carlaine Of North Miami Beach
Grant Deed
$1,000,000 · Seller
—
—
Mia Properties INC
—
Deed Of Trust
related
$590,000 · Banco Popular NA
—
—
Mia Properties INC
—
Deed Of Trust
related
$600,000 · Banco Popular NA
—
—
Mia Properties INC
—
Deed Of Trust
related
$1,322,000 · Banco Popular NA
—
—
Mia Properties INC
—
Deed Of Trust
related
$200,000 · Banco Popular NA
—
—
Mia Properties INC
—
Deed Of Trust
related
$2,043,750 · Banco Popular NA
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
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