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Property profile & analytics
OFF-MARKET
Estimated value
$18,845,000
Hotels
1200 Shr Blvd Tampa, FL 33607-4609
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US18-0092669
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1973
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
175,557 SF
Lot
4.17 ac (181,500 SF)
Zoning code
OP-1
APN
A172918ZZZ000005488600
UPID
US18-0092669
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
$13.86M
Comparable Approach
Comparable
$21.83M
Blend (final)
Blend
$18.85M
Owner & transaction history
1200 Westshore LLC · 4 yrs held
1200 Westshore LLC
since 2021
Last sale
$18.9M
7 recorded transactions
Zoning & alternative use
OP-1 · Tampa, FL
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 Tampa submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tampa 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
$20,745,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$15,010,000
6.5%
$13,855,000
7%
$12,865,000
Blend value · Realmo final
$18.85M
Range $16.96M – $20.73M · ±10% · vs last sale $18.90M (Dec 16 2021)
Last sale anchor
$18.90M
Dec 16 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
$107 / 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
$159,960
Tax year 2023
Assessed value
$8,572,900
Assessed 2023
Previous assessed
$6,870,400
+24.8% YoY
Effective rate
1.87%
On assessed value
Assessed land
$4,852,421
Assessed improvement
$3,720,479
Land market value
$4,852,421
Improvement market value
$3,720,479
Total market value
$8,572,900
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
Status
Off-Market
Year built
1973
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
YES
Stories
5
Units
237
Rooms
28
Bathrooms
253
Total area
175,557 SF
Lot
4.17 ac (181,500 SF)
Zoning code
OP-1
APN
A172918ZZZ000005488600
UPID
US18-0092669
Jurisdiction
HILLSBOROUGH
Zoning & alternative use
OP-1 · Tampa, FL
Zoning OP-1 · permitted uses
OP-1 · Tampa, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Tampa. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1973
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
5
Units
237
Rooms
28
Bathrooms
253
Lot
4.17 ac
Current owner
From public records · entity-resolved
1200 Westshore LLC
Entity
Mailing address
4488 W BOY SCOUT BLVD STE #250, TAMPA, FL 33607-7210
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 16, 2021
$18,900,000
1200 Westshore LLC
Westhore Hotel Group LLC
Special Warranty Deed
$20,126,445 · Sf V Cle Lending LLC
Jul 16, 2018
$4,400,000
Westshore Hotel Group LLC
Westshore Hotel Group LLC
Grant Deed
—
Jul 16, 2018
—
Westshore Hotel Group LLC
—
Loan Modification
related
$30,000,000 · Valley Nat'l Bk
Aug 15, 2013
$7,600,000
Westshore Hotel Group LLC
Westshore Hotel Property LLC
Grant Deed
related
—
Sep 22, 2009
$1,601,000
Westshore Hotel Property LLC
Fuel & Shubh Cap Mgmt Coc
Trustees Deed
related
—
Jun 11, 2007
$17,400,000
Fuel & Shubh Cap Mgmt II Delwa
Pegasus Hotel Associates LLC
Grant Deed
$15,400,000 · Ubs Real Estate Securities INC
Oct 10, 2000
—
Pegasus Hotel Associates LLC
—
Grant Deed
related
$1,200,000 · Bank Of Tampa
—
—
Westshore Hotel Group LLC
—
Loan Modification
related
$8,000,000 · Stonegate Bk
—
—
Westshore Hotel Group LLC|executive Hotel LLC
—
Deed Of Trust
related
$5,700,000 · Stonegate 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.
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