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Property profile & analytics
OFF-MARKET
Estimated value
$3,520,000
Apartment buildings
900 Miramar Ave Indialantic, FL 32903-3231
Entity Owned
Free & Clear
Property ID
US18-5301369
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1960
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
10,494 SF
Lot
0.69 ac (30,056 SF)
Zoning code
R3
APN
27-38-31-EO-00035.0-0012.00
UPID
US18-5301369
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
$3.44M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.44M
Blend (final)
Blend
$3.52M
Owner & transaction history
Edisto Loan Fund LLC
Edisto Loan Fund LLC
since 2026
Last sale
$3.5M
7 recorded transactions
Zoning & alternative use
R3 · Indialantic, FL
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 Indialantic submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Indialantic 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
$3,645,000
ML approach
$3,435,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$3.52M
Range $3.17M – $3.87M · ±10% · vs last sale $3.50M (Nov 16 2020)
Last sale anchor
$3.50M
Nov 16 2020
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
$335 / 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
$31,542
Tax year 2023
Assessed value
$2,308,800
Assessed 2023
Previous assessed
$2,311,190
-0.1% YoY
Effective rate
1.37%
On assessed value
Assessed land
$294,000
Assessed improvement
$2,014,800
Land market value
$294,000
Improvement market value
$2,014,800
Total market value
$2,308,800
Applied tax rate
54.0000
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1960
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
NONE
Stories
2
Units
12
Total area
10,494 SF
Lot
0.69 ac (30,056 SF)
Zoning code
R3
APN
27-38-31-EO-00035.0-0012.00
UPID
US18-5301369
Jurisdiction
BREVARD
Zoning & alternative use
R3 · Indialantic, FLZoning R3 · permitted uses
R3 · Indialantic, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Zoning Map
Building & site characteristics
From public records
Year built
1960
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Stories
2
Units
12
Lot
0.69 ac
Current owner
From public records · entity-resolved
Edisto Loan Fund LLC
Entity
Free & Clear · 0 yrs held
Mailing address
110 HWY A1A, SATELLITE BEACH, FL 32937-2042
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 10, 2026
—
Edisto Loan Fund LLC
900 Miramar LLC
Trust Deed
related
—
Jun 23, 2022
—
900 Miramar LLC
—
Deed
related
$500,000 · Edisto Loan Fund LLC
Nov 16, 2020
$3,500,000
900 Miramar LLC
Ocean Pearl 900 LLC
Warranty Deed
$1,750,000 · Rbi Mortgages LLC
Nov 12, 2020
$1,400,000
Ocean Pearl 900 LLC
Seaside 900 Place LLC
Warranty Deed
—
Apr 21, 2017
$1,000,000
Seaside 900 Place LLC
Hadjilogiou John Trust
Grant Deed
$800,000 · Hadjilogiou John Trust (pt)
Aug 12, 2005
—
Hadjilogiou John Trust
Hadjilogiou,john & Frances
Quit Claim Deed
related
—
Sep 1, 1985
—
Charles R Carter
—
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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