Realmo Analytics

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Property profile

1501 Truman Ave Key West, FL 33040

FOR SALE
Hotels
Property ID
US18-3771995
2,214 SF 0.1 ac lot Built 1928
Last sale Jun 2023 · $3,595,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$14k
Tax billed · 2023
Assessed value$2.21M
Effective rate0.62%

Value estimate

· Oct 2026
$3.55M
$3.19M – $3.90M
Submarket $/SF estimate$2.99M
NOI build-up
Gross scheduled income$57k
Vacancy & credit loss−$4k
Operating expenses−$16k
NOI · 0.99% cap applied$37k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$1,339/SF
ZIP average, outlier-cleaned · 77 recorded sales of this use type
Observed band · Q1–Q3$636 – $2,560

Cap rate analysis

How does the asset earn?
0.99%
$37k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionMONROE

Location intelligence

Which uses thrive at this corner?
Best fit: Locksmith
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Locksmith9.5
Dry Cleaner9.1
Daycare Center8.8

Location

1501 Truman Ave Key West, FL 33040
County assessor Recorded deeds · 6 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 9 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
622 Fleming, Key West, FL 33040-6826 $13,880,000 Sep 2024 1,950 SF
615 Fleming, Key West, FL 33040-6825 $13,880,000 Sep 2024 3,159 SF
630 Ss, Key West, FL 33040-4719 $4,440,000 Jul 2024 2,014 SF
226 Petronia, Key West, FL 33040-7374 $4,800,000 Aug 2023 1,664 SF
223 Eanes, Key West, FL 33040-7642 $5,100,000 Dec 2022 1,630 SF
329 Elizabeth, Key West, FL 33040-6804 $23,000 Sep 2022 1,780 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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