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Property profile & analytics
OFF-MARKET
Estimated value
$540,000
Hotels
103 9th St Fernandina Beach, FL 32034-3616
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US18-1028355
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1900
Construction
WOOD
Total area
5,910 SF
Lot
0.29 ac (12,500 SF)
Zoning code
C-3
APN
00-00-31-1800-0046-0011
UPID
US18-1028355
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
$725k
CAP Approach
CAP
$340k
Comparable Approach
Comparable
$554k
Blend (final)
Blend
$540k
Owner & transaction history
Byrncs Hospitality Co · 5 yrs held
Byrncs Hospitality Co
since 2020
7 recorded transactions
Zoning & alternative use
C-3 · Fernandina 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 Fernandina Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fernandina 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
Method
Estimation
Statistic approach
by Request
ML approach
$725,000
CAP Approach
CAP Return
Estimation
6%
$370,000
6.5%
$340,000
7%
$320,000
Alternative Use
Use
Estimation
HOTEL/MOTEL
$865,000
Current use
RETAIL STORES
$830,000
Change: -4% · Conversion: Difficult
Blend value · Realmo final
$540k
Range $486k – $594k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$91 / 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
$15,687
Tax year 2023
Assessed value
$1,023,170
Assessed 2023
Previous assessed
$1,023,170
+0.0% YoY
Effective rate
1.53%
On assessed value
Assessed improvement
$1,023,170
Improvement market value
$1,023,170
Total market value
$1,023,170
Applied tax rate
2.0000
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/MOTEL
Status
Off-Market
Year built
1900
Construction
WOOD
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
2
Stories
2
Units
1
Bathrooms
2
Total area
5,910 SF
Lot
0.29 ac (12,500 SF)
Zoning code
C-3
APN
00-00-31-1800-0046-0011
UPID
US18-1028355
Jurisdiction
NASSAU
Zoning & alternative use
C-3 · Fernandina Beach, FL
Zoning C-3 · permitted uses
C-3 · Fernandina Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Fernandina Beach. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$865,000
RETAIL STORES
Est. value
$830,000
HOTEL/MOTEL Current
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1900
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
2
Units
1
Bathrooms
2
Lot
0.29 ac
Current owner
From public records · entity-resolved
Byrncs Hospitality Co
Entity
Mailing address
103 S 9TH ST, FERNANDINA BEACH, FL 32034-3616
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 15, 2024
—
Byrnes Hospitality Company
—
Deed
related
$772,140 · Ithink Financial Cu
Apr 21, 2022
—
Byrnes Hospitality Company
—
Deed
related
$150,000 · Ithink Financial Cu
Dec 22, 2020
$1,650,000
Byrncs Hospitality Co
Cmcwh LLC
Grant Deed
$1,380,000 · Ithink Fin'l Cu
Aug 18, 2015
$1,430,000
Cmcwh LLC
Deb By Enterprises INC
Warranty Deed
$715,000 · Ameris Bank
Oct 31, 2005
$1,850,000
Deb-by Ents INC
Barnes-harrison Ents LLC
Warranty Deed
$208,000 · Barnes-harrison Ents INC
Nov 9, 2001
$1,350,000
Amelia Island Williams House
Flitz,richard A
Grant Deed
$1,165,000 · First National Bank Nassau
—
—
Deb-by Ents INC
—
Deed Of Trust
related
$30,000 · Cbc National Bank
—
—
Richard A Filtz
—
Deed Of Trust
related
$78,000 · Southtrust Asset Management Co
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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