Entity Owned
No photos on file
For Sale
Contact for pricing
108 Royal Palm Ave, Clewiston, FL 33440
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Property summary
AI-generated overview
The Clewiston Inn is a restored Classical Revival hospitality property located in Clewiston, Florida, near the shore of Lake Okeechobee. The building totals 74,058 square feet and sits on a 1.48-acre lot. It is configured with 57 guest rooms and suites, including eight apartments. On-site improvements include vinyl flooring, interior painting, and a security camera system. The property also includes a banquet hall with updated finishes, and it is set up to support a range of group and social events, including corporate retreats, meetings, weddings, reunions, and similar specialty gatherings. The property is approximately 60 miles west of West Palm Beach and 60 miles east of Fort Myers.
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1939
Construction
WOOD FRAME
Total area
74,058 SF
Lot
1.47 ac (64,033 SF)
Zoning code
CL-C
APN
3 34 43 01 010 0177-001.0
UPID
US18-5310833
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
-
Restaurant
-
Hotel & Motel
-
Bar & Pub
-
Bar & Pub Nightclub
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.25M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.92M
Blend (final)
Blend
$2.36M
Owner & transaction history
since 2022
Last sale
$1.9M
5 recorded transactions
Zoning & alternative use
CL-C · Clewiston, FL
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Sensitivity value band
Source audit · 6 inputs
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Summary
1
Valuation conclusion
Included free
Estimated market value
$2.36M
Value range
$2.12M – $2.59M
±10% around blend
Estimated value / SF
$32 / SF
Confidence
Property data
100
Comparable evidence
60
$2.12M
blend $2.36M
$2.59M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
74,058 SF
Lot area
1.47 ac
Year built
1939
Stories
2
APN
3 34 43 01 010 0177-001.0
Zoning
CL-C
Assessed value
$604,686
Annual tax
$15,308
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$2.92M
Range $2.92M – $8.55M
Evidence
6 found
Recent peer sales in this city
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$2.36M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Professional Plan · 30 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$1.85M
Move the market yield to see immediate price impact.
Value / SF
$25
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$117k
$2.33M
$1.66M
$1.30M
$130k
$2.59M
$1.85M
$1.44M
$142k
$2.85M
$2.03M
$1.58M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$15,308
Tax year 2023
Assessed value
$604,686
Assessed 2023
Previous assessed
$573,330
+5.5% YoY
Effective rate
2.53%
On assessed value
Assessed land
$347,490
Assessed improvement
$257,196
Land market value
$347,490
Improvement market value
$257,196
Total market value
$604,686
Applied tax rate
15.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Hotels
Use group
HOTEL/MOTEL
Status
For Sale
Year built
1939
Construction
WOOD FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Stories
2
Rooms
74
Total area
74,058 SF
Lot
1.47 ac (64,033 SF)
Zoning code
CL-C
APN
3 34 43 01 010 0177-001.0
UPID
US18-5310833
Jurisdiction
HENDRY
Zoning & alternative use
CL-C · Clewiston, FLZoning CL-C · permitted uses
CL-C · Clewiston, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
1939
Construction
WOOD FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Rooms
74
Lot
1.47 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
CL-C
Jurisdiction
Clewiston, FL
Recorded code
CL-C
Ownership Intelligence
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Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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