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Property profile & analytics
OFF-MARKET
Estimated value
$985,000
Retail residential properties
7521 Biscayne Blvd Miami, FL 33138-5123
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US19-0185126
Property profile
Verified
Property type
Retail residential properties
Use group
STORES & APARTMENTS
Year built
1948
Construction
CONCRETE
Total area
2,369 SF
Lot
0.15 ac (6,400 SF)
Zoning code
6100:COMMERCIAL,NEIGHBRHD
APN
01-3207-018-0580
UPID
US19-0185126
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
-
Sanchez Coleman Studio Interior Design Home Decor Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$860k
Comparable Approach
Comparable
$903k
Blend (final)
Blend
$985k
Owner & transaction history
Andromeda Partners LLC · 7 yrs held
Andromeda Partners LLC
since 2019
7 recorded transactions
Zoning & alternative use
6100:COMMERCIAL,NEIGHBRHD · Miami, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
Planning and Zoning
Top alternative use upside
Auto repair, garage
$1.6M
+33.1%
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%
$935,000
6.5%
$860,000
7%
$800,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,165,000
Current use
AUTO REPAIR, GARAGE
$1,550,000
Change: +33% · Conversion: Difficult
RETAIL STORES
$1,055,000
Change: -9% · Conversion: Easy
MEDICAL BUILDING
$1,040,000
Change: -11% · Conversion: Easy
Blend value · Realmo final
$985k
Range $887k – $1.08M · ±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
$416 / 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
$24,257
Tax year 2023
Assessed value
$1,330,000
Assessed 2023
Previous assessed
$1,330,000
+0.0% YoY
Effective rate
1.82%
On assessed value
Assessed land
$960,000
Assessed improvement
$370,000
Land market value
$960,000
Improvement market value
$370,000
Total market value
$1,330,000
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
1948
Construction
CONCRETE
Heating
NONE
Stories
1
Bathrooms
1
Total area
2,369 SF
Lot
0.15 ac (6,400 SF)
Zoning code
6100:COMMERCIAL,NEIGHBRHD
APN
01-3207-018-0580
UPID
US19-0185126
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
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$1.2M
AUTO REPAIR, GARAGE
Est. value
$1.6M
RETAIL STORES
Est. value
$1.1M
MEDICAL BUILDING
Est. value
$1.0M
COMMERCIAL (GENERAL) Current
AUTO REPAIR, GARAGE
RETAIL STORES
MEDICAL BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1948
Construction
CONCRETE
Heating
NONE
Stories
1
Bathrooms
1
Lot
0.15 ac
Current owner
From public records · entity-resolved
Andromeda Partners LLC
Entity
Mailing address
IS STATES DR, AVENTURA, FL 33160
Ownership since
2019
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
Jul 16, 2019
$1,545,000
Andromeda Partners LLC
560 Ne 69th Street LLC
Warranty Deed
—
Aug 19, 2016
—
560 Ne 69th Street LLC
—
Deed
related
$1,020,000 · First Nat'l Bk/s Miami
Jan 27, 2016
$1,450,000
560 Ne 69th Street LLC
Sdbm Biscayne LLC
Grant Deed
—
Oct 29, 2015
—
Alexander Karakhanian
Sdbm Biscayne LLC
Quit Claim Deed
related
—
Dec 24, 2008
$422,500
Sdbm Biscayne LLC
Barnes,josef
Warranty Deed
—
Mar 27, 2008
$412,500
Josef Barnes
Roybal Eloy Trust
Grant Deed
—
Nov 30, 2007
—
Roybal Eloy Trust
Roybal,eloy
Quit Claim Deed
related
—
Nov 29, 2006
—
Rampatie Lee
Lee,anthony
Quit Claim Deed
—
—
—
560 Ne 69th Street LLC
—
Deed Of Trust
related
$1,020,000 · First Nat'l Bk/s Miami
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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