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Property profile & analytics
OFF-MARKET
Estimated value
$515,000
Mobile home & RV parks
120 Georgetown Lndg Rd Georgetown, FL 32139-2606
Entity Owned
1-yr Hold
Free & Clear
Property ID
US18-5126767
Property summary
AI-generated overview
This exceptional turn-key investment opportunity in Georgetown, Florida, presents a unique blend of hospitality businesses. The property, built in 1958 and extensively renovated in 2022, encompasses 10,019 square feet and offers multiple income streams. Fifteen beautifully appointed guest rooms comprise the hotel component, while a thriving marina features 36 covered wet slips, direct ramp access, transient dock space, and rental opportunities. The on-site bar and grill boasts both indoor and outdoor seating, an expansive bar area, and an entertainment stage with multiple media displays, creating an ultimate dining experience. The restaurant's floor plan is well-suited for large group parties and events. The property enjoys direct river access to Lake George and nearby springs, providing a one-of-a-kind waterfront dining experience. A 6COP retail beverage license is included. The asking price is $2,400,000. All offers are being considered. This property is located at 120 Georgetown Landing Rd, Georgetown, FL 32139, in Putnam County.
Property profile
Verified
Property type
Mobile home & RV parks
Use group
CAMPGROUND, RV PARK
Year built
1958
Construction
WOOD
Total area
1,833 SF
Lot
2.03 ac (88,427 SF)
APN
41-13-26-0000-025.0-000.0
UPID
US18-5126767
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
-
A&M Adventures Boat Rental Service
-
Idle Awhile Resort Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$515k
Owner & transaction history
Porkys Florida LLC · 1 yrs held
Porkys Florida LLC
since 2025
Last sale
$515,000
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 Georgetown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Georgetown 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
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$320,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$515k
Range $464k – $567k · ±10% · vs last sale $515k (Feb 8 2021)
Last sale anchor
$515k
Feb 8 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
$281 / 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
$14,501
Tax year 2023
Assessed value
$1,065,480
Assessed 2023
Previous assessed
$729,600
+46.0% YoY
Effective rate
1.36%
On assessed value
Land market value
$475,580
Improvement market value
$589,900
Total market value
$1,065,480
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Mobile home & RV parks
Use group
CAMPGROUND, RV PARK
Status
Off-Market
Year built
1958
Construction
WOOD
Heating
HEAT PUMP
Total area
1,833 SF
Lot
2.03 ac (88,427 SF)
APN
41-13-26-0000-025.0-000.0
UPID
US18-5126767
Jurisdiction
PUTNAM
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
COMMERCIAL (GENERAL)
Est. value
$320,000
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
1958
Construction
WOOD
Heating
HEAT PUMP
Lot
2.03 ac
Current owner
From public records · entity-resolved
Porkys Florida LLC
Entity
Free & Clear · 1 yrs held
Mailing address
120 GEORGETOWN LNDG RD, GEORGETOWN, FL 32139-2606
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 16, 2025
$1,400,000
Porkys Florida LLC
Idle Awhile Resort LLC
Warranty Deed
—
Jun 16, 2022
—
Idle Awhile Resort LLC
—
Deed
related
$200,000 · Community State Bank
Feb 8, 2021
$515,000
Idle Awhile Resort LLC
Centerstate Bank NA
Special Warranty Deed
$550,000 · Community State Bank
Feb 8, 2021
—
Idle Awhile Resort LLC
Centerstate Bank NA
Quit Claim Deed
related
—
May 20, 2019
$7,000
Centerstate Bk NA
Blanchard,randall S Coc
Trustees Deed
related
—
Feb 20, 2001
$691,400
Randall S Blanchard
Matheny,charles E & Mary J
Grant Deed
$90,000 · Charles E & Mary J
Aug 31, 2000
$750,000
Charles E Matheny
J L O G INC
Grant Deed
—
Nov 24, 1999
$750,000
Charles E Matheny
J L O G INC
Grant Deed
$600,000 · Putnam State Bank
—
—
Randall S Blanchard
—
Deed Of Trust
related
$132,000 · Putnam State Bank
—
—
J. L. O. G.
—
Deed Of Trust
related
$200,000 · Putnam 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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