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Property profile & analytics
OFF-MARKET
Hotels
16333 Gulf Blvd 204 Redington Beach, FL 33708-1541
Individually Owned
5-yr Hold
~
Est. High Equity
Property ID
US18-1745513
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1950
Construction
WOOD FRAME
Total area
245 SF
APN
05-31-15-77287-000-2040
UPID
US18-1745513
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
by Request
Owner & transaction history
Ten Oelnaga · 5 yrs held
Ten Oelnaga
since 2021
Last sale
$147,000
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 Redington Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Redington 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$2,265
Tax year 2023
Assessed value
$152,049
Assessed 2023
Previous assessed
$133,631
+13.8% YoY
Effective rate
1.49%
On assessed value
Improvement market value
$152,049
Total market value
$152,049
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
1950
Construction
WOOD FRAME
Heating
NONE
Stories
1
Units
1
Total area
245 SF
APN
05-31-15-77287-000-2040
UPID
US18-1745513
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
Building & site characteristics
From public records
Year built
1950
Construction
WOOD FRAME
Heating
NONE
Stories
1
Units
1
Current owner
From public records · entity-resolved
Ten Oelnaga
Individual
Mailing address
16333 GULF BLVD #204, REDINGTON BEACH, FL 33708-1541
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 5, 2021
$147,000
Ten Oelnaga
Edwin Marengo
Warranty Deed
—
Apr 7, 2020
—
Edwin Marengo
Nationwide Invs Prop LLC
Correction Deed
related
—
Feb 3, 2020
$138,000
Edwin Marengo
Nationwide Props
Warranty Deed
—
Mar 17, 2017
$84,500
Nationwide Inv Props LLC
Kandalec,donald J & Patricia
Warranty Deed
—
Jul 16, 2015
$77,000
Donald J Kandalec
Paulin,scotts
Warranty Deed
—
Jul 2, 2014
$60,000
Scott Paulin
Gawalis,meg
Warranty Deed
—
Jun 3, 2011
$35,000
Meg Gawalis
Iberia Bk
Warranty Deed
—
Dec 28, 2009
—
Iberia Bank
Dgd Invs Vii LLC Coc
Trustees Deed
related
—
Oct 5, 2007
$1,330,000
Dgd Investments Vii LLC
John C Kampsen
Special Warranty Deed
$786,500 · Century Bank Fsb
May 14, 2007
—
Record Owner
Owner,record
Quit Claim Deed
related
—
Mar 29, 2007
—
John C Kampsen
Royal Orleans Condotel LLC
Quit Claim Deed
related
—
Feb 28, 2007
$1,416,200
John C Kampsen
Royal North Beach LLC
Quit Claim Deed
related
—
—
—
Meg Gawalis
—
Deed Of Trust
related
$30,000 · Florida 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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