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Property profile & analytics
OFF-MARKET
Estimated value
$1,335,000
Retail residential properties
815 Flagler St Miami, FL 33130-1221
Entity Owned
9-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-0227994
Property profile
Verified
Property type
Retail residential properties
Use group
STORES & APARTMENTS
Year built
1922
Construction
CONCRETE
Total area
4,180 SF
Lot
0.17 ac (7,500 SF)
Zoning code
6110:COMM/RES-DESIGN DIST
APN
01-4138-003-3230
UPID
US18-0227994
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
$1.52M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.34M
Owner & transaction history
Riverwest Miami LLC · 9 yrs held
Riverwest Miami LLC
since 2017
4 recorded transactions
Zoning & alternative use
6110:COMM/RES-DESIGN DIST · 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,645,000
6.5%
$1,520,000
7%
$1,410,000
Blend value · Realmo final
$1.34M
Range $1.20M – $1.47M · ±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
$319 / 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
$17,811
Tax year 2023
Assessed value
$1,670,149
Assessed 2023
Previous assessed
$1,670,149
+0.0% YoY
Effective rate
1.07%
On assessed value
Assessed land
$1,500,000
Assessed improvement
$170,149
Land market value
$1,500,000
Improvement market value
$170,149
Total market value
$1,670,149
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
1922
Construction
CONCRETE
Heating
NONE
Buildings
2
Stories
2
Units
2
Total area
4,180 SF
Lot
0.17 ac (7,500 SF)
Zoning code
6110:COMM/RES-DESIGN DIST
APN
01-4138-003-3230
UPID
US18-0227994
Jurisdiction
DADE
Metro division
MIAMI-MIAMI BEACH-KENDALL, FL METROPOLITAN DIVISION
Zoning & alternative use
6110:COMM/RES-DESIGN DIST · Miami, FL
Zoning 6110:COMM/RES-DESIGN DIST · permitted uses
6110:COMM/RES-DESIGN DIST · 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
1922
Construction
CONCRETE
Heating
NONE
Stories
2
Buildings
2
Units
2
Lot
0.17 ac
Current owner
From public records · entity-resolved
Riverwest Miami LLC
Entity
Mailing address
3750 S DIXIE HWY PH #1, MIAMI, FL 33133-4780
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2017
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
Aug 20, 2021
—
River West Miami LLC
—
Deed
related
$53,000,000 · Parkview Financial Reit LP
Oct 9, 2019
—
Riverwest Miami LLC
—
Loan Modification
related
$2,700,000 · Vincci Consulting Corp +
Jun 7, 2017
$957,000
Riverwest Miami LLC
Chicago On Flagler LLC
Warranty Deed
$990,000 · Lv Lndg
Mar 12, 2004
$500,000
Chicago On Flagler LLC
Toledo,erasmo & Oncida
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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