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Property profile & analytics
OFF-MARKET
Estimated value
$890,000
Turn key restaurants
12640 Overseas Hwy Marathon, FL 33050-3537
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US18-3414813
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1989
Total area
10,088 SF
Lot
2.45 ac (106,808 SF)
APN
00100260-000000
UPID
US18-3414813
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
by Request
Blend (final)
Blend
$890k
Owner & transaction history
City Of Marathon · 2 yrs held
City Of Marathon
since 2024
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 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
$88 / 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
$38,245
Tax year 2023
Assessed value
$4,027,731
Assessed 2023
Previous assessed
$4,027,731
+0.0% YoY
Effective rate
0.95%
On assessed value
Assessed land
$2,569,908
Assessed improvement
$1,457,823
Land market value
$2,569,908
Improvement market value
$1,457,823
Total market value
$4,027,731
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1989
Heating
NONE
Stories
2
Bathrooms
1
Total area
10,088 SF
Lot
2.45 ac (106,808 SF)
APN
00100260-000000
UPID
US18-3414813
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
1989
Heating
NONE
Stories
2
Bathrooms
1
Lot
2.45 ac
Current owner
From public records · entity-resolved
City Of Marathon
Entity
Mailing address
9805 OVERSEAS HWY, MARATHON, FL 33050-3339
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 25, 2024
—
City Of Marathon
Uphoff Investments LLC
Deed
—
Jul 6, 2023
$8,125,000
Uphoff Investments LLC
Wharf Marina INC
Warranty Deed
$5,000,000 · Primis Bank
Sep 19, 2022
$650,000
Wharf Marina INC
Hurricane Aqua Center INC
Warranty Deed
—
Sep 7, 2022
$4,000,000
Wharf Marina INC
Maria E Ely
Warranty Deed
—
Mar 24, 2021
—
Maria Esther Ely
—
Deed
related
$999,000 · Iberiabank
Dec 23, 2019
$2,050,000
John S Ely
Iberiabank
Warranty Deed
$1,000,000 · Iberiabank
Jun 6, 2014
$1,500,000
Iberiabank
Orion Bk
Grant Deed
—
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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