Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$4,595,000
Retail residential properties
6890 Flagler St Miami, FL 33144-2814
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US18-3877568
Property profile
Verified
Property type
Retail residential properties
Use group
STORES & APARTMENTS
Year built
1974
Construction
CONCRETE
Total area
19,767 SF
Lot
0.53 ac (23,216 SF)
Zoning code
6100:COMMERCIAL,NEIGHBRHD
APN
01-4002-002-1750
UPID
US18-3877568
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
-
Evolution barbershop Barber Shop
-
Dr. August M. Dennis, DDS Physician
-
Tacos El Carnal 2 Restaurant
-
Rach Elle P Suite Pet Grooming Service
-
Orange TableStand Interesting Repair General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.60M
Owner & transaction history
Vesta Flagler LLC · 9 yrs held
Vesta Flagler LLC
since 2017
4 recorded transactions
Zoning & alternative use
6100:COMMERCIAL,NEIGHBRHD · Miami, 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 Miami submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs 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
$232 / 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
$44,381
Tax year 2023
Assessed value
$2,800,000
Assessed 2023
Previous assessed
$2,800,000
+0.0% YoY
Effective rate
1.59%
On assessed value
Assessed land
$1,509,040
Assessed improvement
$1,290,960
Land market value
$1,509,040
Improvement market value
$1,290,960
Total market value
$2,800,000
Applied tax rate
100.0000
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
1974
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Stories
2
Total area
19,767 SF
Lot
0.53 ac (23,216 SF)
Zoning code
6100:COMMERCIAL,NEIGHBRHD
APN
01-4002-002-1750
UPID
US18-3877568
Jurisdiction
DADE
Metro division
MIAMI-MIAMI BEACH-KENDALL, FL METROPOLITAN DIVISION
Zoning & alternative use
6100:COMMERCIAL,NEIGHBRHD · Miami, FLZoning 6100:COMMERCIAL,NEIGHBRHD · permitted uses
6100:COMMERCIAL,NEIGHBRHD · Miami, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Planning and Zoning
Building & site characteristics
From public records
Year built
1974
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
2
Lot
0.53 ac
Current owner
From public records · entity-resolved
Vesta Flagler LLC
Entity
Mailing address
2829 BIRD AVE, MIAMI, FL 33133-4607
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 8, 2017
—
Vesta Flagler LLC
—
Deed
related
$1,650,000 · Grove Bk&tr
Jul 7, 2017
$2,200,000
Vesta Flagler LLC
Valls Garcia & Vila Ptshp
Warranty Deed
—
Dec 7, 2012
—
Valls Garcia
Valls,felipe A
Quit Claim Deed
related
—
—
—
Vesta Flagler LLC
—
Deed Of Trust
related
$1,650,000 · Grove Bk&tr
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 6890 Flagler 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.
