Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$6,170,000
Hotels
109 8th Ave St Pete Beach, FL 33706-4315
Entity Owned
1-yr Hold
Free & Clear
Property ID
US18-9740281
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
2019
Construction
CONCRETE BLOCKS
Total area
9,699 SF
Lot
0.15 ac (6,495 SF)
APN
19-32-16-58932-005-0190
UPID
US18-9740281
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
-
The Dewey Restaurant
-
Gulf Primeval On The Rooftop Restaurant
-
Berkeley Beach Club Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$7.04M
Blend (final)
Blend
$6.17M
Owner & transaction history
Django And Bolt 109 LLC · 1 yrs held
Django And Bolt 109 LLC
since 2025
Last sale
$5.3M
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 St Pete Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs St Pete 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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$6.17M
Range $5.55M – $6.79M · ±10% · vs last sale $5.30M (Jul 9 2025)
Last sale anchor
$5.30M
Jul 9 2025
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
$636 / 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
$45,973
Tax year 2023
Assessed value
$2,890,000
Assessed 2023
Previous assessed
$2,650,000
+9.1% YoY
Effective rate
1.59%
On assessed value
Land market value
$908,906
Improvement market value
$1,981,094
Total market value
$2,890,000
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
2019
Construction
CONCRETE BLOCKS
Heating
YES
Cooling
AC.PACKAGE
Stories
3
Units
6
Bathrooms
8
Total area
9,699 SF
Lot
0.15 ac (6,495 SF)
APN
19-32-16-58932-005-0190
UPID
US18-9740281
Jurisdiction
PINELLAS
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
2019
Construction
CONCRETE BLOCKS
Heating
YES
Cooling
Yes
Stories
3
Units
6
Bathrooms
8
Lot
0.15 ac
Current owner
From public records · entity-resolved
Django And Bolt 109 LLC
Entity
Free & Clear · 1 yrs held
Mailing address
109 8TH AVE, ST PETE BEACH, FL 33706-4315
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 9, 2025
$5,300,000
Django And Bolt 109 LLC
Berkeley Beach Club LLC
Warranty Deed
—
Jan 6, 2022
—
Berkeley Beach Club LLC
The Shore Project LLC
Intrafamily Transfer
related
—
Jun 16, 2017
—
Shore Project LLC
—
Deed
related
$4,800,000 · Seacoast Nat'l Bk
Nov 2, 2015
$850,000
The Shore Project LLC
Spb 109 LLC
Warranty Deed
$425,000 · Gulfshore Bank
Feb 20, 2008
$487,500
Spb 109 LLC
Mcgehee,chris
Warranty Deed
—
Oct 6, 2004
$775,000
Chris Mcgehee
Dempsey,rosemary J
Warranty Deed
—
Jun 27, 2002
—
Matthew White
—
Trustees Deed
related
$307,500 · Cornerstone Community Bank
Oct 27, 1998
$300,000
Rosemary J Dempsey
Dempsey,rosemary
Grant Deed
related
$260,500 · Beneficial Florida INC
—
—
Rosemary J Dempsey
—
Deed Of Trust
related
$7,526 · New York Carpet World
—
—
Shore Project LLC
—
Deed Of Trust
related
$4,800,000 · Seacoast Nat'l Bk
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?”
You own 109 8th Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
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.
