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Property profile & analytics
OFF-MARKET
Estimated value
$4,215,000
Hotels
14240 Gulf Blvd Saint Petersburg, FL 33708
Entity Owned
Free & Clear
Property ID
US18-5268101
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1976
Construction
CONCRETE BLOCKS
Total area
7,568 SF
Lot
0.4 ac (17,546 SF)
APN
09-31-15-34308-001-0080
UPID
US18-5268101
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
$4.21M
Blend (final)
Blend
$4.22M
Owner & transaction history
Shoreline Island Resort LLC
Shoreline Island Resort LLC
since 2026
5 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 Saint Petersburg submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Saint Petersburg 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
HOTEL/MOTEL
$5,060,000
Current use
RESTAURANT
$4,645,000
Change: -8% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$4,055,000
Change: -20% · Conversion: Difficult
Blend value · Realmo final
$4.22M
Range $3.79M – $4.64M · ±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
$557 / 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
$41,564
Tax year 2023
Assessed value
$2,575,000
Assessed 2023
Previous assessed
$2,440,000
+5.5% YoY
Effective rate
1.61%
On assessed value
Land market value
$1,986,551
Improvement market value
$588,449
Total market value
$2,575,000
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
1976
Construction
CONCRETE BLOCKS
Heating
YES
Cooling
AC.PACKAGE
Stories
6
Units
13
Bathrooms
29
Total area
7,568 SF
Lot
0.4 ac (17,546 SF)
APN
09-31-15-34308-001-0080
UPID
US18-5268101
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
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$5.1M
RESTAURANT
Est. value
$4.6M
APARTMENT HOUSE (5+ UNITS)
Est. value
$4.1M
HOTEL/MOTEL Current
RESTAURANT
APARTMENT HOUSE (5+ UNITS)
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
1976
Construction
CONCRETE BLOCKS
Heating
YES
Cooling
Yes
Stories
6
Units
13
Bathrooms
29
Lot
0.4 ac
Current owner
From public records · entity-resolved
Shoreline Island Resort LLC
Entity
Free & Clear · 0 yrs held
Mailing address
14200 GULF BLVD, MADEIRA BEACH, FL 33708-2237
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 27, 2026
—
Shoreline Island Resort LLC
Michael J Marsh
Quitclaim Deed
related
—
Apr 7, 2025
—
Michael J Marsh
Shoreline Island Resort LLC
Warranty Deed
—
Nov 21, 2012
$8,000,000
Shoreline Island Resort LLC
Poseidon Ventures Ltd
Warranty Deed
—
Dec 15, 2000
$5,800,000
Poseiden Ventures Ltd
Marsh,william R
Grant Deed
$4,200,000 · Seller
—
—
Poseidon Ventures Ltd
—
Deed Of Trust
related
$3,706,764 · Fifth Third 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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