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Property profile & analytics
FOR LEASE
Warehouses
901 N Miami Beach Blvd North Miami Beach, FL 33162
Entity Owned
22-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-5796811
For Lease
1 / 3
$30 SF/Yr
901 N Miami Beach Blvd, North Miami Beach, FL 33162
View Listing →
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2005
Construction
CONCRETE
Total area
91,144 SF
Lot
0.8 ac (34,933 SF)
Zoning code
6400:COMMERCIAL,CENTRAL
APN
07-2217-013-0010
UPID
US18-5796811
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
by Request
Blend (final)
Blend
$15.07M
Owner & transaction history
North Miami City (fl) · 22 yrs held
North Miami City (fl)
since 2004
6 recorded transactions
Zoning & alternative use
6400:COMMERCIAL,CENTRAL · North Miami Beach, 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 North Miami Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs North 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$165 / 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
$254,016
Tax year 2023
Assessed value
$16,399,000
Assessed 2023
Previous assessed
$12,649,000
+29.6% YoY
Effective rate
1.55%
On assessed value
Assessed land
$3,842,630
Assessed improvement
$12,556,370
Land market value
$3,842,630
Improvement market value
$12,556,370
Total market value
$16,399,000
Applied tax rate
700.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
For Lease
Year built
2005
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Stories
5
Total area
91,144 SF
Lot
0.8 ac (34,933 SF)
Zoning code
6400:COMMERCIAL,CENTRAL
APN
07-2217-013-0010
UPID
US18-5796811
Jurisdiction
DADE
Metro division
MIAMI-MIAMI BEACH-KENDALL, FL METROPOLITAN DIVISION
Zoning & alternative use
6400:COMMERCIAL,CENTRAL · North Miami Beach, FLZoning 6400:COMMERCIAL,CENTRAL · permitted uses
6400:COMMERCIAL,CENTRAL · North Miami Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Official NMB Zoning Map
Building & site characteristics
From public records
Year built
2005
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
5
Lot
0.8 ac
Current owner
From public records · entity-resolved
North Miami City (fl)
Entity
Mailing address
3201 W COMMERCIAL BLVD STE #218, FORT LAUDERDALE, FL 33309-3466
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2004
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 5, 2022
—
Value Store It North Miami Beach Ll
—
Deed
related
$100,000 · Aim Cu
Mar 26, 2013
—
Value Store It North Miami Bch
—
Deed Of Trust
related
$7,500,000 · Bank Of America
Apr 2, 2004
—
North Miami City (fl)
Valuestore It North Miami Beac
Quit Claim Deed
related
$4,853,000 · Bankatlantic Fsb
Sep 15, 2003
$850,000
Value Store Ti
Salzman,david
Grant Deed
—
Oct 6, 1998
$450,000
David Salzman
Corkys Restaurants INC
Grant Deed
$272,179 · Seller
—
—
Value Store It North Miami Bch
—
Deed Of Trust
related
$3,962,565 · Wells Fargo Financial Leasing
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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