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Property profile & analytics
OFF-MARKET
Estimated value
$515,000
Industrial properties
1825 Overseas Hwy Marathon, FL 33050-2124
Entity Owned
4-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-0561713
Property profile
Verified
Property type
Industrial properties
Use group
MIXED USE (COMMERCIAL/INDUSTRIAL)
Year built
1953
Total area
2,532 SF
Lot
0.26 ac (11,250 SF)
APN
00326540-000000
UPID
US18-0561713
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
Current use
Occupant on record · Public records
-
Florida Bay Outfitters-Marathon (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$310k
CAP Approach
CAP
$540k
Comparable Approach
Comparable
$411k
Blend (final)
Blend
$515k
Owner & transaction history
Stoky 1825 Overseas Highway LLC · 4 yrs held
Stoky 1825 Overseas Highway LLC
since 2022
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 Marathon submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Marathon 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
$310,000
CAP Approach
CAP Return
Estimation
6%
$580,000
6.5%
$540,000
7%
$500,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$740,000
Current use
RETAIL STORES
$650,000
Change: -12% · Conversion: Easy
Blend value · Realmo final
$515k
Range $464k – $567k · ±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
$203 / 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
$6,674
Tax year 2023
Assessed value
$642,246
Assessed 2023
Previous assessed
$642,246
+0.0% YoY
Effective rate
1.04%
On assessed value
Assessed land
$417,375
Assessed improvement
$224,871
Land market value
$417,375
Improvement market value
$224,871
Total market value
$642,246
Applied tax rate
50.0000
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
Industrial properties
Use group
MIXED USE (COMMERCIAL/INDUSTRIAL)
Status
Off-Market
Year built
1953
Heating
FORCED AIR
Buildings
2
Stories
1
Units
1
Bathrooms
1
Total area
2,532 SF
Lot
0.26 ac (11,250 SF)
APN
00326540-000000
UPID
US18-0561713
Jurisdiction
MONROE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$740,000
RETAIL STORES
Est. value
$650,000
COMMERCIAL (GENERAL) Current
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1953
Heating
FORCED AIR
Stories
1
Buildings
2
Units
1
Bathrooms
1
Lot
0.26 ac
Current owner
From public records · entity-resolved
Stoky 1825 Overseas Highway LLC
Entity
Free & Clear · 4 yrs held
Mailing address
14 RAINBOW DR, KEY LARGO, FL 33037-3209
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 28, 2022
$1,275,000
Stoky 1825 Overseas Highway LLC
Matthew S Sutton
Warranty Deed
—
Dec 20, 2011
$225,000
Matthew S Sutton
First Bank
Warranty Deed
$150,000 · First State Bank Of The Florida Key
Dec 27, 2010
$100
Bk First
Natural Magic Of Keys INC Coc
Trustees Deed
related
—
Aug 23, 2006
—
Natural Magic Of The Keys INC
Sinnamon,john W & Mariella
Quit Claim Deed
related
—
Oct 4, 2005
$585,000
John W Sinnamon
Gardner,richard J & Jennie S
Warranty Deed
$500,000 · Richard J & Jennie S Gardner
Dec 18, 2002
$375,000
Richard Gardner
Mike Baker Enterprises INC
Grant Deed
—
Oct 13, 1992
$250,000
Mike Baker Ent INC
J,& M Realty Of Keys
Warranty Deed
related
$200,000
Mar 1, 1984
—
Fishermens Invest
Fishermens,pointe
Quit Claim Deed
related
—
Apr 1, 1982
—
Fishermens Pointe In
Moody,perry A
Warranty Deed
related
$80,000
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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