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Property profile & analytics
OFF-MARKET
Estimated value
$4,965,000
Hotels
1655 Us Hwy 1st 1 Sebastian, FL 32958-3874
Entity Owned
12-yr Hold
~
Est. High Equity
Property ID
US18-2578595
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
2005
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
31,806 SF
Lot
1.39 ac (60,548 SF)
Zoning code
CR
APN
30-38-21-00001-9999-00033.0
UPID
US18-2578595
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
$5.47M
Blend (final)
Blend
$4.97M
Owner & transaction history
Captain Hirams Hotel North LLC · 12 yrs held
Captain Hirams Hotel North LLC
since 2014
4 recorded transactions
Zoning & alternative use
CR · Sebastian, 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 Sebastian submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sebastian 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
Blend value · Realmo final
$4.97M
Range $4.47M – $5.46M · ±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
$156 / 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
$34,344
Tax year 2023
Assessed value
$1,979,007
Assessed 2023
Previous assessed
$1,961,750
+0.9% YoY
Effective rate
1.74%
On assessed value
Assessed land
$411,148
Assessed improvement
$1,567,859
Land market value
$411,148
Improvement market value
$1,567,859
Total market value
$1,979,007
Applied tax rate
2.0000
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
2005
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HEAT PUMP
Cooling
WALL UNIT
Stories
3
Units
56
Total area
31,806 SF
Lot
1.39 ac (60,548 SF)
Zoning code
CR
APN
30-38-21-00001-9999-00033.0
UPID
US18-2578595
Jurisdiction
INDIAN RIVER
Zoning & alternative use
CR · Sebastian, FL
Zoning CR · permitted uses
CR · Sebastian, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Sebastian. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2005
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HEAT PUMP
Cooling
Yes
Stories
3
Units
56
Lot
1.39 ac
Current owner
From public records · entity-resolved
Captain Hirams Hotel North LLC
Entity
Mailing address
1606 INDIAN RIV DR, SEBASTIAN, FL 32958-1610
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 9, 2014
$1,640,000
Captain Hirams Hotel North LLC
Liberty Sebastian Investments LLC
Special Warranty Deed
$2,660,000 · Harbor Community Bank
Jun 14, 2011
$399,100
Liberty Sebastian Invs LLC
Sebastian Hotel Inv INC Coc
Trustees Deed
related
—
Jul 20, 2001
$180,000
Minos E Givens
Klein,werner
Grant Deed
—
—
—
Sebastian Hotel Investment INC
—
Deed Of Trust
related
$4,000,000 · Column Financial INC
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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