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Property profile & analytics
OFF-MARKET
Estimated value
$4,185,000
Hotels
1 Hendry Ave Cocoa Beach, FL 32931-5615
Individually Owned
18-yr Hold
~
Est. High Equity
Property ID
US18-0440348
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1984
Construction
CONCRETE
Total area
50,747 SF
Lot
2.06 ac (89,734 SF)
Zoning code
CG
APN
24-37-26-CG-00112.0-0008.00
UPID
US18-0440348
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
-
La Quinta Inn & Suites by Wyndham Cocoa Beach Oceanfront Hotel & Motel
-
space commerce way Resort
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.19M
Owner & transaction history
Pacifica Tampa · 18 yrs held
Pacifica Tampa
since 2007
3 recorded transactions
Zoning & alternative use
CG · Cocoa Beach, 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 Cocoa Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cocoa 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
$82 / 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
$67,054
Tax year 2023
Assessed value
$4,647,680
Assessed 2023
Previous assessed
$4,362,170
+6.5% YoY
Effective rate
1.44%
On assessed value
Assessed land
$2,400,000
Assessed improvement
$2,247,680
Land market value
$2,400,000
Improvement market value
$2,247,680
Total market value
$4,647,680
Applied tax rate
26.0000
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
Hotels
Use group
HOTEL
Status
Off-Market
Year built
1984
Construction
CONCRETE
Heating
CENTRAL
Cooling
CENTRAL
Stories
6
Units
75
Total area
50,747 SF
Lot
2.06 ac (89,734 SF)
Zoning code
CG
APN
24-37-26-CG-00112.0-0008.00
UPID
US18-0440348
Jurisdiction
BREVARD
Zoning & alternative use
CG · Cocoa Beach, FL
Zoning CG · permitted uses
CG · Cocoa Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Cocoa Beach. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1984
Construction
CONCRETE
Heating
CENTRAL
Cooling
Yes
Stories
6
Units
75
Lot
2.06 ac
Current owner
From public records · entity-resolved
Pacifica Tampa
Individual
Mailing address
6623 STONINGTON DR N, TAMPA, FL 33647-1177
Ownership since
2007
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
Nov 6, 2007
$4,291,500
Pacifica Tampa
Cocoa Beach Oceanside Inn INC
Grant Deed
—
Dec 9, 2005
—
Cocoa Beach Oceanside Inn INC
—
Trustees Deed
related
$3,000,000 · Sunrise Bank
—
—
Cocoa Beach Oceanside Inn INC
—
Deed Of Trust
related
$500,000 · Sunrise Bank
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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