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Property profile & analytics
OFF-MARKET
Estimated value
$13,115,000
Office buildings
801 Arthur Godfrey Rd, Miami Beach, FL 33140-3323
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US18-2923859
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1969
Construction
CONCRETE
Total area
53,400 SF
Lot
0.32 ac (14,010 SF)
Zoning code
6600:COMMERCIAL,LIBERAL
APN
02-3222-019-0240
UPID
US18-2923859
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$8.26M
Blend (final)
Blend
$13.12M
Owner & transaction history
Leah 801 LLC · 1 yrs held
Leah 801 LLC
since 2024
Last sale
$17.5M
7 recorded transactions
Zoning & alternative use
6600:COMMERCIAL,LIBERAL · Miami Beach, 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 Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Miami Beach 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%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$13.12M
Range $11.80M – $14.43M · ±10% · vs last sale $17.50M (May 8 2024)
Last sale anchor
$17.50M
May 8 2024
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
$246 / 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
$336,352
Tax year 2023
Assessed value
$18,500,000
Assessed 2023
Previous assessed
$17,800,000
+3.9% YoY
Effective rate
1.82%
On assessed value
Assessed land
$5,954,250
Assessed improvement
$12,545,750
Land market value
$5,954,250
Improvement market value
$12,545,750
Total market value
$18,500,000
Applied tax rate
200.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
Off-Market
Year built
1969
Construction
CONCRETE
Heating
NONE
Cooling
AC.CHILLED WATER
Stories
6
Total area
53,400 SF
Lot
0.32 ac (14,010 SF)
Zoning code
6600:COMMERCIAL,LIBERAL
APN
02-3222-019-0240
UPID
US18-2923859
Jurisdiction
DADE
Metro division
MIAMI-MIAMI BEACH-KENDALL, FL METROPOLITAN DIVISION
Zoning & alternative use
6600:COMMERCIAL,LIBERAL · Miami Beach, FL
Zoning 6600:COMMERCIAL,LIBERAL · permitted uses
6600:COMMERCIAL,LIBERAL · Miami Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Miami Beach. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1969
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
6
Lot
0.32 ac
Current owner
From public records · entity-resolved
Leah 801 LLC
Entity
Mailing address
47 NE 36TH ST2FL, MIAMI, FL 33137-3646
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 8, 2024
$17,500,000
Leah 801 LLC
Fg 801 Arthur Godfrey Owner LLC
Special Warranty Deed
$11,500,000 · Vernon Capital Funding LLC
Dec 17, 2021
$22,000,000
Fg 801 Arthur Godfrey Owner LLC
801 Arthur Godfrey Ltd
Special Warranty Deed
related
$16,700,000 · City National Bank Of Florida
May 4, 2020
—
801 Arthur Godfrey Ltd
—
Deed
related
$1,500,000 · Dahari I LLC
May 1, 2017
—
801 Arthur Godfrey Ltd
—
Deed
related
$3,150,000 · City Nat'l Bk/fl
Apr 17, 2017
—
801 Arthur Godfrey Ltd
—
Deed
related
$3,000,000 · City Nat'l Bk/fl
Sep 8, 2016
—
801 Arthur Godfrey Ltd
—
Deed
related
$2,000,000 · City Nat'l Bk/fl
Sep 25, 2014
—
801 Arthur Godfrey Ltd
—
Loan Modification
related
$2,000,000 · City Nat'l Bk/fl
Jun 28, 2012
—
801 Arthur Godfrey Ltd
—
Deed Of Trust
related
$2,000,000 · City Nat'l Bk/fl
Dec 18, 2002
$4,261,000
801 Arthur Godfrey Ltd
First Realty Corp Ltd
Grant Deed
$3,150,000 · City National Bank Of Florida
—
—
801 Arthur Godfrey Ltd
—
Loan Modification
related
$1,000,000 · City Nat'l Bk/fl
—
—
801 Arthur Godfrey Ltd
—
Deed Of Trust
related
$1,047,000 · City National Bank Of Florida
—
—
801 Arthur Godfrey Ltd
—
Deed Of Trust
related
$1,500,000 · Dahari I LLC
—
—
801 Arthur Godfrey Ltd
—
Loan Modification
related
$2,000,000 · City Nat'l Bk/fl
—
—
801 Arthur Godfrey Ltd
—
Loan Modification
related
$3,150,000 · City Nat'l Bk/fl
—
—
801 Arthur Godfrey Ltd
—
Loan Modification
related
$3,000,000 · City Nat'l Bk/fl
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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