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Property profile & analytics
FOR SALE
Commercial land
9201 W Bay Harbor Dr Bay Harbor Islands, FL 33154
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US18-1519673
For Sale
1 / 14
$5,500,000
9201 W Bay Harbor Dr, Bay Harbor Islands, FL 33154
View Listing →
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
1951
Construction
CONCRETE
Total area
17,382 SF
Lot
1.03 ac (45,006 SF)
Zoning code
4500:MULTI-FAMILY,4 STORY
APN
13-2227-001-0170
UPID
US18-1519673
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
by Request
Owner & transaction history
Bay Harbor Islands Property Owner I · 3 yrs held
Bay Harbor Islands Property Owner I
since 2022
Last sale
$375,000
7 recorded transactions
Zoning & alternative use
4500:MULTI-FAMILY,4 STORY · Bay Harbor Islands, 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 Bay Harbor Islands submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bay Harbor Islands 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
$267,935
Tax year 2023
Assessed value
$14,626,950
Assessed 2023
Previous assessed
$13,501,800
+8.3% YoY
Effective rate
1.83%
On assessed value
Assessed land
$14,626,950
Land market value
$14,626,950
Total market value
$14,626,950
Applied tax rate
1,300.0000
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
VACANT COMMERCIAL LAND
Status
For Sale
Year built
1951
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Stories
2
Bathrooms
26
Total area
17,382 SF
Lot
1.03 ac (45,006 SF)
Zoning code
4500:MULTI-FAMILY,4 STORY
APN
13-2227-001-0170
UPID
US18-1519673
Jurisdiction
DADE
Metro division
MIAMI-MIAMI BEACH-KENDALL, FL METROPOLITAN DIVISION
Zoning & alternative use
4500:MULTI-FAMILY,4 STORY · Bay Harbor Islands, FLZoning 4500:MULTI-FAMILY,4 STORY · permitted uses
4500:MULTI-FAMILY,4 STORY · Bay Harbor Islands, 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
1951
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
2
Bathrooms
26
Lot
1.03 ac
Current owner
From public records · entity-resolved
Bay Harbor Islands Property Owner I
Entity
Mailing address
49 W 23RD ST FL #4, NEW YORK, NY 10010-4228
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
16 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 10, 2026
—
Tavin Ellis
—
Deed
related
$675,000 · Clearedgelending
Apr 7, 2026
—
La Baia Bay Harbor 307 LLC
—
Deed
related
$835,250
Apr 1, 2026
—
Dachs Sharon
—
Deed
related
$1,557,000
Oct 26, 2022
$375,000
Bay Harbor Islands Property Owner I
Town Of Bay Harbor Islands
Warranty Deed
—
May 25, 2021
$17,500,000
Bay Harbor Islands Property Owner I
Casa Capri South LLC
Special Warranty Deed
$48,925,886 · Fortress Credit Corp
Apr 28, 2021
$1,875,000
9201 West LLC
9201 Wbh LLC
Warranty Deed
—
Jan 23, 2018
—
Causeway Village LLC
—
Loan Modification
related
$15,500,000 · Miof Credit 1 LLC
Jul 27, 2017
—
Causeway Village LLC
—
Loan Modification
related
$15,500,000 · Miof Credit 1 LLC
Mar 17, 2016
—
Town Of Bay Hbr Iss Of St & Florida
Bay Harbor Holdings LLC
Quit Claim Deed
related
—
Nov 27, 2013
—
Royale Club Towers LLC
—
Deed Of Trust
related
$3,300,000 · New York Community Bank
Jan 11, 2002
$2,800,000
Island Club Towers LLC
Gator Bay Harbor I Lc
Grant Deed
—
Dec 2, 1999
$475,000
Gator Bay Harbor I Lc
Dohle,kurt & Maria
Quit Claim Deed
related
—
—
—
La Maison 123 LLC
—
Loan Modification
related
$27,900,000 · Other Institutional Lenders
—
—
La Maison 123 LLC
—
Loan Modification
related
$31,000,000 · Other Institutional Lenders
—
—
Causeway Village LLC
—
Deed Of Trust
related
$13,000,000 · Maxim Credit Group LLC
—
—
Island Club Towers LLC
—
Deed Of Trust
related
$5,000,000 · Maxim Credit Corp
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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