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Property profile & analytics
OFF-MARKET
Automotive properties
711 23rd St Miami, FL 33127-4242
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US18-2125069
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
1949
Construction
CONCRETE
Total area
2,040 SF
Lot
0.21 ac (9,000 SF)
Zoning code
7000:INDUSTRIAL,GENERAL
APN
01-3126-010-0070
UPID
US18-2125069
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
-
GIP Alliance Business Management Consultant
-
Artex Productions, Inc. Film Production Television Studio
-
7 AVE Design Studio LLC Architect
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Los Machetes LLC · 6 yrs held
Los Machetes LLC
since 2020
Last sale
$105,000
7 recorded transactions
Zoning & alternative use
7000:INDUSTRIAL,GENERAL · 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
—
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
$13,586
Tax year 2023
Assessed value
$883,525
Assessed 2023
Previous assessed
$503,000
+75.7% YoY
Effective rate
1.54%
On assessed value
Assessed land
$720,000
Assessed improvement
$163,525
Land market value
$720,000
Improvement market value
$163,525
Total market value
$883,525
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
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Year built
1949
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Stories
1
Total area
2,040 SF
Lot
0.21 ac (9,000 SF)
Zoning code
7000:INDUSTRIAL,GENERAL
APN
01-3126-010-0070
UPID
US18-2125069
Jurisdiction
DADE
Metro division
MIAMI-MIAMI BEACH-KENDALL, FL METROPOLITAN DIVISION
Zoning & alternative use
7000:INDUSTRIAL,GENERAL · Miami, FLZoning 7000:INDUSTRIAL,GENERAL · permitted uses
7000:INDUSTRIAL,GENERAL · 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
1949
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.21 ac
Current owner
From public records · entity-resolved
Los Machetes LLC
Entity
Mailing address
2545 SW 21ST ST, MIAMI, FL 33145-2531
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 30, 2020
$105,000
Los Machetes LLC
711 23 Investment LLC
Warranty Deed
$792,000 · Jpmorgan Chase Bank NA
Feb 15, 2018
$227,900
711/23 Investment LLC
Global One Inv Group LLC
Quit Claim Deed
related
—
Sep 24, 2013
$150,000
Global One Inv Group LLC
Sabadell United Bk NA
Grant Deed
—
Jul 19, 2012
$200
Sabadell United Bk NA
Orellana,jorge S Coc
Trustees Deed
related
—
Jul 11, 2008
—
Jorge S Orellana
—
Trustees Deed
related
$375,000 · Transatlantic Bank
Feb 1, 2007
—
Jorge S Orellana
Orellana,esperanza
Quit Claim Deed
—
—
—
Global One Inv Group LLC
—
Deed Of Trust
related
$75,000 · Howard & Barbara Berg
—
—
Jorge S Orellana
—
Deed Of Trust
related
$375,000 · Transatlantic Bank
—
—
Jorge S Orellana
—
Deed Of Trust
related
$375,000 · Transatlantic Bank
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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