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Property profile & analytics
OFF-MARKET
Estimated value
$3,110,000
Hotels
11799 Gulf Blvd, Treasure Island, FL 33706-5117
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US19-0312776
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1951
Construction
CONCRETE BLOCKS
Total area
3,190 SF
Lot
0.57 ac (24,956 SF)
APN
23-31-15-91764-002-0090
UPID
US19-0312776
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.11M
Blend (final)
Blend
$3.11M
Owner & transaction history
Atm Treasure Island I LLC · 3 yrs held
Atm Treasure Island I LLC
since 2022
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 Treasure Island submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Treasure Island 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
$3.11M
Range $2.80M – $3.42M · ±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
$975 / 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
$36,199
Tax year 2023
Assessed value
$2,200,000
Assessed 2023
Previous assessed
$2,000,000
+10.0% YoY
Effective rate
1.65%
On assessed value
Land market value
$1,494,082
Improvement market value
$705,918
Total market value
$2,200,000
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
1951
Construction
CONCRETE BLOCKS
Heating
YES
Cooling
AC.PACKAGE
Buildings
4
Stories
2
Units
6
Bathrooms
28
Total area
3,190 SF
Lot
0.57 ac (24,956 SF)
APN
23-31-15-91764-002-0090
UPID
US19-0312776
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
1951
Construction
CONCRETE BLOCKS
Heating
YES
Cooling
Yes
Stories
2
Buildings
4
Units
6
Bathrooms
28
Lot
0.57 ac
Current owner
From public records · entity-resolved
Atm Treasure Island I LLC
Entity
Mailing address
11799 GULF BLVD, TREASURE ISLAND, FL 33706-5117
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
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
Nov 4, 2022
—
Atm Treasure Island I LLC
Rendezvous LLC
Warranty Deed
—
Mar 29, 2007
$1,600,000
Rendezvous LLC
Gomes,luis G & Juliana A
Warranty Deed
$800,772 · Synovus Bank Of Tampa Bay
Dec 30, 2003
$1,720,000
Luis G Gomes
Anani,sami Z
Grant Deed
$598,210 · Sami Z Anani
May 9, 2002
$1,276,600
Sami Z Anani
Aroc Development Corp
Grant Deed
$225,000 · Aroc Development Corp
Jul 25, 2001
$1,080,000
Aroc Development Corp
Esp Zimmermann INC
Grant Deed
$50,000 · Esp Zimmermann INC
Oct 21, 1999
$1,100,000
Esp Zimmerman INC
Harve Enterprises INC
Grant Deed
—
Jan 22, 1999
$1,200,000
Harve Enterprises INC
Silver Hawkins INC
Grant Deed
$930,000 · United Bank & Trust Co
—
—
Luis G Gomes
—
Deed Of Trust
related
$515,000 · First State Bank
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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