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    Property profile & analytics

    1502 Miramar St Cape Coral, FL 33904-9737

    • Hotels
    • 23,623 SF
    • 2.98 lot acres
    OFF-MARKET
    Value Estimation
    $980,000
    Last Sale
    Dec 02, 2021
    $875,000
    Location Intelligence
    Property ID
    US18-1352989
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Del Prado Inn Rentals / Apartment Building
    • LibertyX Bitcoin ATM / Atm
    • Tiki Hut Bar & Grill at Dolphin Key Resort / Bar & Grill
    • Paradise Tiki Hut Bar & Grill / Hotel
    • Dolphin Key Resort / Hotel / Resort Hotel

    Property Details for 1502 Miramar St

    Year built
    1968
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    2.98 lot acres
    Property size
    23,623 SF
    Zone code
    SC
    Property type
    Hotels
    Property subtype
    Motels
    APN
    18-45-24-C2-00000.03C0
    APU
    184524C20000003C0

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $995,000

    • CAP approach

      CAP return
      Estimation
      6%
      $850,000
      6.5%
      $875,000
      7%
      $845,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $920,000
      Geo Method
      $845,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $925,000
      Retail
      $945,000
      Mixed-Use
      $990,000
      Hospitality
      $1,055,000
      Educational
      $1,075,000
      Residential Income
      $875,000
      Energy
      $930,000
      Income-Based Land
      $1,000,000
      Food Service
      $890,000

    Location Insight

    • Map
    • Local Demand
    City
    Cape Coral
    County
    Lee
    State
    Florida
    Longitude
    -81.9452
    Latitude
    26.5604
    CBSA code
    15980
    CBSA name
    CAPE CORAL-FORT MYERS, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $99,507
    $1,865,367
    $5,770,493
    $7,635,860
    -
    $1,865,367
    $5,770,493
    $7,635,860

    Comparable in this City

    • Value Estimation
      $1,555,000
      4,393 SF

      4601 5th Ave

      HOTEL/MOTEL • 4,393 SF
      4601 5th Ave, Cape Coral, FL 33904-8575
      View Details
    • Value Estimation by Request
      6,792 SF

      4913 Vincennes Ct

      HOTEL/MOTEL • 6,792 SF
      4913 Vincennes Ct, Cape Coral, FL 33904-9116
      View Details
    • Value Estimation by Request
      11,533 SF

      619 47th Ter

      HOTEL/MOTEL • 11,533 SF
      619 47th Ter, Cape Coral, FL 33904-8554
      View Details
    • Value Estimation by Request
      3,464 SF

      1734 Cpe Coral E Pkwy

      HOTEL/MOTEL • 3,464 SF
      1734 Cpe Coral E Pkwy, Cape Coral, FL 33904-9620
      View Details
    • Value Estimation by Request
      12,803 SF

      1538 Cpe Coral E Pkwy

      HOTEL/MOTEL • 12,803 SF
      1538 Cpe Coral E Pkwy, Cape Coral, FL 33904-9610
      View Details
    • Value Estimation by Request
      7,725 SF

      3608 Del Prado S Blvd

      HOTEL/MOTEL • 7,725 SF
      3608 Del Prado S Blvd, Cape Coral, FL 33904-7139
      View Details

    Similar Nearby for Sale

    • $2,200,000
      24,125 SF

      Prime Cape Coral Mixed-Use Redevelopment

      Downtown Cape Coral, 24,125 SF, Owner Financing
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    • Contact for pricing
      4,891 SF

      Medical Office Building For Sale

      Medical Office Building For Sale
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    • $199,900

      Land For Sale

      Land available for sale.
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      Gulf Access Lot For Sale

      Southern exposure gulf access lot with no lock.
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    • $1,890,000
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      Cape Coral Property For Sale

      Cape Coral property available for sale.
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      Cape Coral Land For Sale

      Land with completed architectural plans for a 4-unit building.
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    Similar Nearby for Lease

    • $15 SF/Yr
      4,000 SF

      Retail Space on Del Prado

      Retail space with high visibility and traffic count.
      4515 Del Prado Blvd S, Cape Coral, FL 33904
      View Details
    • $25 SF/Yr
      12,857 SF

      Retail Space in Downtown Cape

      Retail space available in a busy Cape Coral shopping center.
      1000 Cape Coral Pkwy E, Cape Coral, FL 33904
      View Details
    • $3,500 /Mo
      6,839 SF

      Retail Space in Cape Coral

      Retail space available with signage on Cape Coral Parkway.
      1025 Cape Coral Pkwy E, Cape Coral, FL 33904
      View Details
    • $217,200
      22,521 SF

      New Office Building For Lease

      Brand new office building with flexible space, available for lease.
      1217 SE 47Th St, Cape Coral, FL 33904
      View Details
    • Contact for pricing

      Retail Space on Del Prado

      Retail space with high visibility on a major thoroughfare.
      Cape Coral, FL 33904
      View Details
    • $2,950 /Mo
      18,069 SF

      Cape Coral Commercial Space Available

      Air-conditioned office and warehouse space in downtown Cape Coral.
      4519 SE 16Th Pl, Cape Coral, FL 33904
      View Details
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    1502 Miramar St
    Cape Coral, FL 33904-9737
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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