Back to Search
Property profile & analytics
FOR SALE
Office buildings
103301 Overseas Hwy Key Largo, FL 33037
Entity Owned
~
Est. High Equity
Property ID
US18-6111020
For Sale
1 / 4
$710,000
103301 Overseas Hwy, Key Largo, FL 33037
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1984
Total area
2,278 SF
Lot
0.32 ac (13,837 SF)
APN
00472810-000000
UPID
US18-6111020
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
-
Irwin's Air, Inc. HVAC Service General Contractor
-
Key West Bail Bonds Law Firm
-
Sky & Sea Spa Spa & Massage Center
-
Marlin Title Corporation Association Or Organization
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$740k
CAP Approach
CAP
$705k
Comparable Approach
Comparable
$474k
Blend (final)
Blend
$710k
Owner & transaction history
Jhmb Real Estate Holdings LLC
Jhmb Real Estate Holdings LLC
since 2026
Last sale
$704,000
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 Largo submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Key Largo 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
$720,000
ML approach
$740,000
CAP Approach
CAP Return
Estimation
6%
$765,000
6.5%
$705,000
7%
$655,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$995,000
Current use
COMMERCIAL (GENERAL)
$915,000
Change: -8% · Conversion: Easy
Blend value · Realmo final
$710k
Range $639k – $781k · ±10% · vs last sale $704k (Oct 19 2021)
Last sale anchor
$704k
Oct 19 2021
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
$312 / 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
$5,634
Tax year 2023
Assessed value
$827,439
Assessed 2023
Previous assessed
$827,439
+0.0% YoY
Effective rate
0.68%
On assessed value
Assessed land
$628,117
Assessed improvement
$199,322
Land market value
$628,117
Improvement market value
$199,322
Total market value
$827,439
Applied tax rate
500.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
For Sale
Year built
1984
Heating
FORCED AIR
Stories
2
Total area
2,278 SF
Lot
0.32 ac (13,837 SF)
APN
00472810-000000
UPID
US18-6111020
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
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$995,000
COMMERCIAL (GENERAL)
Est. value
$915,000
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
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
1984
Heating
FORCED AIR
Stories
2
Lot
0.32 ac
Current owner
From public records · entity-resolved
Jhmb Real Estate Holdings LLC
Entity
Mailing address
87 MARINA AVE, KEY LARGO, FL 33037-4375
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 19, 2026
$1,180,000
Jhmb Real Estate Holdings LLC
Irwin Holdings 103301 LLC
Warranty Deed
$895,000 · Suncoast Cu
Oct 19, 2021
—
Irwin Holdings 103301 LLC
Finkey Holdings LLC
Affidavit
—
Oct 19, 2021
$704,000
Irwin Holdings 103301 LLC
Finkey Holdings LLC
Warranty Deed
$500,000 · South State Bank NA
Sep 21, 2016
$425,000
Finkey Holdings LLC
Keys Island Properties LLC
Warranty Deed
—
Sep 9, 2015
$100
Keys Island Properties LLC
Meleric Invs INC Coc
Trustees Deed
related
—
Sep 2, 2015
$100
Keys Island Properties LLC
Clerk Of Monroe County|meleric Investments INC
One Of Committee, Strict Foreclosure, Sheriff, Or Redemption Deeds
related
—
Dec 22, 2005
—
Meleric Investments INC
Adalberto Vigil
Quit Claim Deed
related
—
—
—
Meleric Investments INC
—
Deed Of Trust
related
$250,000 · First St Bk/fl Keys
—
—
Meleric Investments INC
—
Deed Of Trust
related
$350,000 · First St Bk/fl Keys
—
—
Adalberto J Vigil
—
Deed Of Trust
related
$300,000 · Wachovia Bank NA
—
—
Meleric Investments INC
—
Deed Of Trust
related
$150,000 · American Bankers Insurance
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.
