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Property profile & analytics
FOR SALE
Commercial land
700 SW 107Th Ave Miami, FL 33174
Entity Owned
4-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-4400555
For Sale
1 / 7
$1,435,000
700 SW 107Th Ave, Miami, FL 33174
View Listing →
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
1973
Construction
CONCRETE
Total area
5,380 SF
Lot
1.71 ac (74,351 SF)
Zoning code
3800
APN
25-4006-001-0199
UPID
US18-4400555
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
-
Universal American Mortgage Company Loan Service Bank
-
FedEx Drop Box Postal Service Courier Service
-
SunStreet Energy Group Corporate Office
-
Calatlantic Title Group, Llc Title Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.96M
Comparable Approach
Comparable
$1.81M
Blend (final)
Blend
$1.44M
Owner & transaction history
K2 Sweetwater 2 LLC · 4 yrs held
K2 Sweetwater 2 LLC
since 2022
6 recorded transactions
Zoning & alternative use
3800 · 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$2,120,000
6.5%
$1,955,000
7%
$1,815,000
Blend value · Realmo final
$1.44M
Range $1.29M – $1.58M · ±10%
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
$267 / 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
$159,014
Tax year 2023
Assessed value
$10,409,140
Assessed 2023
Previous assessed
$10,409,140
+0.0% YoY
Effective rate
1.53%
On assessed value
Assessed land
$10,409,140
Land market value
$10,409,140
Total market value
$10,409,140
Applied tax rate
2,500.0000
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
For Sale
Year built
1973
Construction
CONCRETE
Heating
NONE
Stories
1
Bathrooms
9
Total area
5,380 SF
Lot
1.71 ac (74,351 SF)
Zoning code
3800
APN
25-4006-001-0199
UPID
US18-4400555
Jurisdiction
DADE
Metro division
MIAMI-MIAMI BEACH-KENDALL, FL METROPOLITAN DIVISION
Zoning & alternative use
3800 · Miami, FLZoning 3800 · permitted uses
3800 · 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
1973
Construction
CONCRETE
Heating
NONE
Stories
1
Bathrooms
9
Lot
1.71 ac
Current owner
From public records · entity-resolved
K2 Sweetwater 2 LLC
Entity
Free & Clear · 4 yrs held
Mailing address
445 PARK AVE STE #1502, NEW YORK, NY 10022-8637
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 3, 2022
—
K2 Sweetwater 2 LLC
K2 Sweetwater 2 LLC
Correction Deed
related
—
Dec 3, 2021
—
K2 Sweetwater LLC
K2 Sweetwater 2 LLC
Intrafamily Transfer
related
—
Dec 2, 2021
—
K2 Sweetwater 2 LLC
K2 Sweetwater 2 LLC
Correction Deed
related
—
Aug 23, 2021
—
K2 Sweetwater 2 LLC
K2 Sweetwater 2 LLC
Intrafamily Transfer
related
—
Jan 23, 2020
$5,200,000
K2 Sweetwater 2 LLC
Victor H Hernandez
Warranty Deed
—
Aug 8, 2006
—
Victor H Hernandez
Hernandez,victor H & Elisa
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.
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