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Property profile & analytics
OFF-MARKET
Estimated value
$880,000
Office buildings
11425 Overseas Hwy Marathon, FL 33050-3647
Individually Owned
18-yr Hold
~
Est. High Equity
Property ID
US18-3069083
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
1969
Total area
2,887 SF
Lot
0.3 ac (13,000 SF)
APN
00334700-000000
UPID
US18-3069083
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
-
Keys Animal Hospital Veterinary Clinic
-
Dr. Robert E. DeField D.V.M. Veterinary Clinic
-
Michael Dunn Veterinary Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$895k
Comparable Approach
Comparable
$827k
Blend (final)
Blend
$880k
Owner & transaction history
Michael Dunn · 18 yrs held
Michael Dunn
since 2008
5 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 Marathon submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Marathon 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%
$970,000
6.5%
$895,000
7%
$830,000
Blend value · Realmo final
$880k
Range $792k – $968k · ±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
$305 / 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
$7,019
Tax year 2023
Assessed value
$786,931
Assessed 2023
Previous assessed
$662,532
+18.8% YoY
Effective rate
0.89%
On assessed value
Assessed land
$468,650
Assessed improvement
$318,281
Land market value
$468,650
Improvement market value
$318,281
Total market value
$786,931
Applied tax rate
50.0000
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
PROFESSIONAL BUILDING
Status
Off-Market
Year built
1969
Heating
NONE
Cooling
CENTRAL
Stories
4
Total area
2,887 SF
Lot
0.3 ac (13,000 SF)
APN
00334700-000000
UPID
US18-3069083
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
1969
Heating
NONE
Cooling
Yes
Stories
4
Lot
0.3 ac
Current owner
From public records · entity-resolved
Michael Dunn
Individual
Mailing address
11425 OVERSEAS HWY, MARATHON, FL 33050-3647
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2008
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 8, 2015
—
Michael E Dunn
—
Trustees Deed
related
$250,000 · Robert & Lynda Defield
Jun 4, 2008
$550,000
Michael Dunn
Defield,robert E
Warranty Deed
$810,000 · Robert E Defield
—
—
Michael Dunn
—
Deed Of Trust
related
$14,000 · Centennial Bank
—
—
Michael E Dunn
—
Loan Modification
related
$473,632 · Robert & Lynda Defield
—
—
Michael Dunn
—
Deed Of Trust
related
$100,000 · Robert E Defield
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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