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Property profile & analytics
OFF-MARKET
Commercial land
899 67th Ave West Miami, FL 33144-4712
Entity Owned
~
Est. High Equity
Property ID
US18-2989239
Property summary
AI-generated overview
This commercially zoned lot offers potential for investors or developers. The 5,600 sq ft lot includes a duplex. Zoned 6200/Commercial - Arterial, the property features 40 feet of street frontage in a high-traffic area on 67th Avenue and 8th Street within the West Miami urban community. The zoning allows for a range of commercial and residential uses. The property is located across from a shopping center and supermarket. The duplex includes a top floor with 2 bedrooms and 1 bathroom, and a bottom floor with 1 bedroom and 1 bathroom. The lot size is 0.1286 acres.
Property profile
Verified
Property type
Commercial land
Use group
STORES & APARTMENTS
Year built
1949
Construction
CONCRETE
Total area
1,566 SF
Lot
0.13 ac (5,600 SF)
Zoning code
6200:COMMERCIAL,ARTERIAL
APN
15-4012-044-0101
UPID
US18-2989239
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
-
Isalis (Bike/Boat/Book/etc) Store
-
Party City Party Supply Store (Bike/Boat/Book/etc) Store
-
Skunk Funk Big Box & Wholesale Store
-
Carl's Trading Co Hat Shop
-
Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Frari LLC
Frari LLC
since 2025
Last sale
$720,000
3 recorded transactions
Zoning & alternative use
6200:COMMERCIAL,ARTERIAL · West 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 West Miami submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs West 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
—
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
$10,749
Tax year 2023
Assessed value
$587,130
Assessed 2023
Previous assessed
$430,427
+36.4% YoY
Effective rate
1.83%
On assessed value
Assessed land
$504,000
Assessed improvement
$83,130
Land market value
$504,000
Improvement market value
$83,130
Total market value
$587,130
Applied tax rate
1,500.0000
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
Commercial land
Use group
STORES & APARTMENTS
Status
Off-Market
Year built
1949
Construction
CONCRETE
Heating
NONE
Stories
2
Bathrooms
2
Total area
1,566 SF
Lot
0.13 ac (5,600 SF)
Zoning code
6200:COMMERCIAL,ARTERIAL
APN
15-4012-044-0101
UPID
US18-2989239
Jurisdiction
DADE
Metro division
MIAMI-MIAMI BEACH-KENDALL, FL METROPOLITAN DIVISION
Zoning & alternative use
6200:COMMERCIAL,ARTERIAL · West Miami, FLZoning 6200:COMMERCIAL,ARTERIAL · permitted uses
6200:COMMERCIAL,ARTERIAL · West Miami, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1949
Construction
CONCRETE
Heating
NONE
Stories
2
Bathrooms
2
Lot
0.13 ac
Current owner
From public records · entity-resolved
Frari LLC
Entity
Mailing address
899 SW 67TH AVE, MIAMI, FL 33144-4712
Mailing matches property
Yes
Owner-occupied
Yes
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 13, 2025
$720,000
Frari LLC
Earl Hagood INC
Warranty Deed
$540,000 · The Loan Store INC
—
—
Earl Hagood INC
—
Deed Of Trust
related
$320,000 · Robin Blank
—
—
Earl Hagood INC
—
Deed Of Trust
related
$125,000 · William C JR Lambert
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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