Technical
Financial
Distress signals
Property profile

1 Ocean Blvd Atlantic Beach, FL 32233

OFF-MARKET
Hotels
Property ID
US19-0010072
139,893 SF 2.33 ac lot Built 1973
Entity Owned 2-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Hotels
Use group HOTEL
Year built 1973
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 139,893 SF
Lot 2.33 ac (101,471 SF)
Zoning code ACG
APN 170229-0000
UPID US19-0010072

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Health Resort Massage Therapist
  • Alternative Medicine Practice Spa & Massage Center
  • Hotel & Motel
  • Restaurant

Location

1 Ocean Blvd Atlantic Beach, FL 32233-5262
Atlantic Beach metro Census 13905 JACKSONVILLE, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$48.62M
CAP Approach CAP
by Request
Comparable Approach Comparable
$33.96M
Blend (final) Blend
$48.62M

Owner & transaction history

since 2024
Last sale
$48.6M
5 recorded transactions
2024
$48.6M
2014
Price N/A
2007
Price N/A
2004
$23.1M
1997
$12.9M

Zoning & alternative use

ACG · Atlantic Beach, FL
Top alternative use upside
Restaurant $74.3M +212.1%
Commercial (general) $35.3M +48.2%
Medical building $32.0M +34.3%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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