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Property profile & analytics
OFF-MARKET
Estimated value
$59,800,000
Hotels
711 72nd Ave Miami, FL 33126-3001
Entity Owned
19-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-2657512
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1968
Total area
570,000 SF
Lot
20.05 ac (873,378 SF)
Zoning code
7300:INDUSTRIAL,HVY MFG
APN
30-3052-000-0050
UPID
US18-2657512
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
-
Naurys Med Spa & Beauty Hair Salon Nail Salon
-
DoubleTree Hilton Miami Convention Center Training Center Tutoring Service
-
Kube Kreative Marketing & Advertising Advertising Agency
-
Honduran consulate Government Office
-
Berquez Consulting Firm Tax Preparation Consultant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$59.80M
Owner & transaction history
Trendy Style LLC · 19 yrs held
Trendy Style LLC
since 2006
7 recorded transactions
Zoning & alternative use
7300:INDUSTRIAL,HVY MFG · 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 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
$105 / 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
$474,179
Tax year 2023
Assessed value
$28,700,000
Assessed 2023
Previous assessed
$27,500,000
+4.4% YoY
Effective rate
1.65%
On assessed value
Total market value
$28,700,000
Applied tax rate
3,000.0000
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
Hotels
Use group
HOTEL/MOTEL
Status
Off-Market
Year built
1968
Heating
NONE
Units
334
Total area
570,000 SF
Lot
20.05 ac (873,378 SF)
Zoning code
7300:INDUSTRIAL,HVY MFG
APN
30-3052-000-0050
UPID
US18-2657512
Jurisdiction
DADE
Metro division
MIAMI-MIAMI BEACH-KENDALL, FL METROPOLITAN DIVISION
Zoning & alternative use
7300:INDUSTRIAL,HVY MFG · Miami, FL
Zoning 7300:INDUSTRIAL,HVY MFG · permitted uses
7300:INDUSTRIAL,HVY MFG · Miami, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Miami. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1968
Heating
NONE
Units
334
Lot
20.05 ac
Current owner
From public records · entity-resolved
Trendy Style LLC
Entity
Free & Clear · 19 yrs held
Mailing address
9 PARK PL FL #4, GREAT NECK, NY 11021-5030
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2006
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
23 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 11, 2006
$200,000
Trendy Style LLC
Kaczmarek,martin R
Grant Deed
—
Nov 23, 2005
$588,900
Bag Town INC
South Florida Hotel INC
Grant Deed
$441,000 · Unibank
Nov 7, 2005
$476,946
Energyro Corp
South Florida Hotel INC
Grant Deed
$381,556 · Great Florida Bank
Oct 12, 2005
—
Sf Hotels INC
South Florida Hotel INC
Grant Deed
$50,000,000 · Column Financial INC
Oct 8, 2005
$696,206
Ks International Corp
South Florida Hotel INC
Grant Deed
$556,964 · Great Florida Bank
Jul 6, 2005
$361,600
Vicente A Sotolongo
South Florida Hotel INC
Grant Deed
$294,185 · Bank Of America
Jun 30, 2005
$304,500
Lord Lady Of Miami INC
South Florida Hotel INC
Special Warranty Deed
$281,400 · Wachovia Sba Lending INC
Jun 28, 2005
$598,398
Next Fashion Jewelry INC
South Florida Hotel INC
Grant Deed
$478,719 · Great Florida Bank
Jun 28, 2005
$206,900
Miguel Ruiz-funes
South Florida Hotel INC
Grant Deed
—
Mar 23, 2005
$450,600
Edgar Pacheco
South Florida Hotel INC
Special Warranty Deed
$364,000 · Bayview Financial Small Business Fu
Dec 13, 2004
$519,894
Medinas Collections INC
South Florida Hotel INC
Grant Deed
$207,957 · Bank Of America
Sep 8, 2004
$358,422
Ok Investments INC
South Florida Hotel INC
Grant Deed
$269,000 · Totalbank
Aug 9, 2004
$170,400
International Packing System I
South Florida Hotel INC
Grant Deed
$85,000 · Continental Nat'l Bank Miami
Aug 9, 2004
$458,400
Sun Jewelry & Art INC
South Florida Hotel INC
Grant Deed
$229,152 · Continental Nat'l Bank Miami
Aug 4, 2004
$196,600
Nirmal K Dadlani
South Florida Hotel INC
Grant Deed
—
Jul 26, 2004
$1,373,343
Domani Krizzia INC
South Florida Hotel INC
Grant Deed
$824,000 · Bank Of The West
Jul 16, 2004
$403,300
Minas Jewelry INC
South Florida Hotel INC
Grant Deed
$201,624 · Continental Nat'l Bank Miami
Jun 8, 2004
$89,900
Tas & Tria INC
South Florida Hotel INC
Grant Deed
—
May 27, 2004
$140,200
Roberto Guerra
South Florida Hotel INC
Grant Deed
—
May 27, 2004
$117,300
Roberto Guerra
South Florida Hotel INC
Grant Deed
—
May 21, 2004
$129,000
Nikki Danielle INC
South Florida Hotel INC
Grant Deed
—
May 21, 2004
$255,200
Floats INC
South Florida Hotel INC
Grant Deed
$205,000 · Wachovia Bank NA
Oct 8, 1997
$16,666,665
South Florida Hotel INC
Mmh Venture
Grant Deed
—
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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