Back to Search
Property profile & analytics
FOR SALE
Retail space
1012 Truman Ave Key West, FL 33040
Entity Owned
4-yr Hold
Free & Clear
Property ID
US18-4438271
For Sale
1 / 10
$439,000
1012 Truman Ave, Key West, FL 33040
View Listing →
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1923
Total area
718 SF
Lot
0.08 ac (3,491 SF)
APN
00031231-000600
UPID
US18-4438271
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
-
Christopher Ferrer Artist
-
Full Range Images Marketing & Advertising Advertising Agency
-
Gallery 1:11 Art Gallery
-
Real Estate of Key West Real Estate Agency
-
Key West Residential Real Estate Agency
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
Leigh Daniel & Associates PC · 4 yrs held
Leigh Daniel & Associates PC
since 2022
Last sale
$499,000
7 recorded transactions
Zoning & alternative use
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 Key West submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Key West 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
$3,562
Tax year 2023
Assessed value
$411,916
Assessed 2023
Previous assessed
$397,797
+3.5% YoY
Effective rate
0.86%
On assessed value
Assessed improvement
$411,916
Improvement market value
$411,916
Total market value
$411,916
Applied tax rate
10.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Sale
Year built
1923
Heating
NONE
Bathrooms
1
Total area
718 SF
Lot
0.08 ac (3,491 SF)
APN
00031231-000600
UPID
US18-4438271
Jurisdiction
MONROE
Zoning & alternative use
Zoning · permitted uses
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
1923
Heating
NONE
Bathrooms
1
Lot
0.08 ac
Current owner
From public records · entity-resolved
Leigh Daniel & Associates PC
Entity
Free & Clear · 4 yrs held
Mailing address
3313 BOB WALLACE AVE SW STE #101, HUNTSVILLE, AL 35805-4063
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 2, 2022
$499,000
Leigh Daniel & Associates PC
Christopher Thomas Ferrer
Warranty Deed
—
Jul 9, 2018
—
Christopher T Ferrer
Bordelon,melissa A
Grant Deed
—
Jun 1, 2018
$375,000
Christopher T Ferrer
Bordelon,melissa A
Warranty Deed
$270,000 · Melissa A Bordelon
Jun 14, 2013
$119,000
Melissa Bordelon
Iberiabank
Grant Deed
—
Jul 5, 2012
$100
Iberiabank
1012 Truman LLC Coc
Trustees Deed
related
—
Jun 25, 2012
$100
Iberiabank
Clerk Of Monroe County
Trustees Deed
related
—
Aug 17, 2007
$315,000
1012 Truman LLC
M & A Diversified Holdings INC
Warranty Deed
$504,000 · Orion 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.
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?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
