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Property profile & analytics
OFF-MARKET
Estimated value
$5,730,000
Hotels
1515 1st N St Jacksonville Beach, FL 32250-7309
Individually Owned
11-yr Hold
~
Est. High Equity
Property ID
US18-5447425
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1973
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
103,827 SF
Lot
2.53 ac (110,096 SF)
Zoning code
JRM-2
APN
174695-0000
UPID
US18-5447425
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
$7.74M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.73M
Owner & transaction history
Pios Grande Jacksonville Resor · 11 yrs held
Pios Grande Jacksonville Resor
since 2015
5 recorded transactions
Zoning & alternative use
JRM-2 · Jacksonville Beach, FL
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 Jacksonville Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Jacksonville Beach 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%
$8,385,000
6.5%
$7,740,000
7%
$7,185,000
Blend value · Realmo final
$5.73M
Range $5.16M – $6.30M · ±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
$55 / 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
$646,204
Tax year 2023
Assessed value
$38,962,300
Assessed 2023
Previous assessed
$34,175,800
+14.0% YoY
Effective rate
1.66%
On assessed value
Assessed land
$14,250,000
Assessed improvement
$24,712,300
Land market value
$14,250,000
Improvement market value
$24,712,300
Total market value
$38,962,300
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
Status
Off-Market
Year built
1973
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
WALL UNIT
Buildings
2
Stories
7
Rooms
179
Bathrooms
722
Total area
103,827 SF
Lot
2.53 ac (110,096 SF)
Zoning code
JRM-2
APN
174695-0000
UPID
US18-5447425
Jurisdiction
DUVAL
Zoning & alternative use
JRM-2 · Jacksonville Beach, FL
Zoning JRM-2 · permitted uses
JRM-2 · Jacksonville Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Jacksonville Beach. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1973
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
7
Buildings
2
Rooms
179
Bathrooms
722
Lot
2.53 ac
Current owner
From public records · entity-resolved
Pios Grande Jacksonville Resor
Individual
Mailing address
50 APPLIED CARD WAY, GLEN MILLS, PA 19342
Ownership since
2015
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
May 28, 2023
—
Pios Grande Jacksonville Resort LLC
—
Deed
related
$29,120,000 · Pios Grande Lender LLC
Jun 30, 2015
$29,500,000
Pios Grande Jacksonville Resor
Mhf Jacksonville Beach IV LLC
Grant Deed
—
Nov 25, 2013
$26,500,000
Mhf Jacksonville Beach IV LLC
W2007 Eqi Jacksonville Beach Partne
Special Warranty Deed
$33,500,000 · Jpmorgan Chase Bank NA
Oct 5, 2006
—
Eqi Jacksonville Bch Ptshp
Eqi Financing Ptshp I
Quit Claim Deed
$8,600,000 · Capmark Bank
Feb 13, 1997
$8,800,000
Eqi Financing Partnership I LP
Equity Inns Partership L P
Grant Deed
$8,800,000 · Lasalle National 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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