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Property profile & analytics
OFF-MARKET
Industrial properties
12399 Overseas Hwy, Marathon, FL 33050-3597
Individually Owned
18-yr Hold
Property ID
US18-7781547
Property profile
Verified
Property type
Industrial properties
Use group
MIXED USE (COMMERCIAL/INDUSTRIAL)
Year built
2007
Total area
1,240 SF
Lot
0.15 ac (6,336 SF)
APN
00100390-010000
UPID
US18-7781547
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
-
Coral Lagoon Resort Villas & Marina by KeysCaribbean Hotel & Motel Resort
-
Coral Lagoon Vacation Rentals by Coco Plum Vacation Rental Real Estate Agency
-
The Boat House Marina Marina
-
The Boat House Marina
-
Reel E Sea Vacation Rental Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Palvig,edward & Donna · 18 yrs held
Palvig,edward & Donna
since 2007
4 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$4,122
Tax year 2023
Assessed value
$363,452
Assessed 2023
Previous assessed
$293,434
+23.9% YoY
Effective rate
1.13%
On assessed value
Assessed land
$245,488
Assessed improvement
$117,964
Land market value
$245,488
Improvement market value
$117,964
Total market value
$363,452
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
Industrial properties
Use group
MIXED USE (COMMERCIAL/INDUSTRIAL)
Status
Off-Market
Year built
2007
Heating
FORCED AIR
Cooling
YES
Stories
2
Units
1
Bathrooms
2
Total area
1,240 SF
Lot
0.15 ac (6,336 SF)
APN
00100390-010000
UPID
US18-7781547
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
2007
Heating
FORCED AIR
Cooling
Yes
Stories
2
Units
1
Bathrooms
2
Lot
0.15 ac
Current owner
From public records · entity-resolved
Palvig,edward & Donna
Individual
Mailing address
PO BOX 522639, MARATHON, FL 33052-2639
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 20, 2007
$1,130,000
Palvig,edward & Donna
Boat House Associates INC
Grant Deed
—
Jul 10, 2007
$1,242,000
Affatati,anthony
Boat House Associates INC
Grant Deed
—
—
—
Coral Lagoon LLC
—
Deed Of Trust
related
$225,000 · Cft Funding LLC
—
—
Coral Lagoon LLC
—
Deed Of Trust
related
$75,000 · 24th Street Specialize Tr (ct)
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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