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Property profile & analytics
OFF-MARKET
Estimated value
$2,785,000
Outlet malls
7604 22nd Ave Miami, FL 33147-5650
Entity Owned
Free & Clear
Property ID
US18-5006740
Property profile
Verified
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Year built
1954
Construction
CONCRETE
Total area
8,918 SF
Lot
0.73 ac (31,681 SF)
Zoning code
6600:COMMERCIAL,LIBERAL
APN
30-3110-058-0080
UPID
US18-5006740
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
-
Faith Crusade For Christ Center Church
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.79M
Owner & transaction history
Miami Nw Portfolio LLC
Miami Nw Portfolio LLC
since 2025
4 recorded transactions
Zoning & alternative use
6600:COMMERCIAL,LIBERAL · 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
$312 / 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
$17,391
Tax year 2023
Assessed value
$1,311,000
Assessed 2023
Previous assessed
$1,171,800
+11.9% YoY
Effective rate
1.33%
On assessed value
Assessed land
$443,534
Assessed improvement
$867,466
Land market value
$443,534
Improvement market value
$867,466
Total market value
$1,311,000
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
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Status
Off-Market
Year built
1954
Construction
CONCRETE
Heating
NONE
Stories
1
Total area
8,918 SF
Lot
0.73 ac (31,681 SF)
Zoning code
6600:COMMERCIAL,LIBERAL
APN
30-3110-058-0080
UPID
US18-5006740
Jurisdiction
DADE
Metro division
MIAMI-MIAMI BEACH-KENDALL, FL METROPOLITAN DIVISION
Zoning & alternative use
6600:COMMERCIAL,LIBERAL · Miami, FL
Zoning 6600:COMMERCIAL,LIBERAL · permitted uses
6600:COMMERCIAL,LIBERAL · 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
1954
Construction
CONCRETE
Heating
NONE
Stories
1
Lot
0.73 ac
Current owner
From public records · entity-resolved
Miami Nw Portfolio LLC
Entity
Free & Clear · 0 yrs held
Mailing address
500 NW 62ND ST STE #350, FORT LAUDERDALE, FL 33309-6155
Ownership since
2025
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
Sep 18, 2025
—
Miami Nw Portfolio LLC
Miami 33 Capital LLC
Deed
related
—
Apr 9, 2025
—
Miami Nw Portfolio LLC
Miami 33 Capital LLC
Warranty Deed
—
Dec 29, 2015
—
Miami 33 Capital LLC
330 Nw 71st St Lc
Grant Deed
—
Aug 20, 2015
$6,670,000
Miami 33 Capital LLC
330 Nw 71st St Lc
Grant 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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