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Property profile & analytics
OFF-MARKET
Bars & Pubs
202 Duval St Key West, FL 33040
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US19-0752759
Property profile
Verified
Property type
Bars & Pubs
Use group
NIGHTCLUB (COCKTAIL LOUNGE)
Year built
1933
Total area
3,332 SF
Lot
0.04 ac (1,937 SF)
APN
00001480-000100
UPID
US19-0752759
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
-
Rick's Bar Bar & Pub
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
202 Duval LLC · 2 yrs held
202 Duval LLC
since 2024
Last sale
$425,000
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 Key West submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Key West 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
$15,585
Tax year 2023
Assessed value
$1,942,620
Assessed 2023
Previous assessed
$1,942,620
+0.0% YoY
Effective rate
0.80%
On assessed value
Assessed land
$1,574,625
Assessed improvement
$367,995
Land market value
$1,574,625
Improvement market value
$367,995
Total market value
$1,942,620
Applied tax rate
10.0000
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
Bars & Pubs
Use group
NIGHTCLUB (COCKTAIL LOUNGE)
Status
Off-Market
Year built
1933
Heating
NONE
Stories
2
Total area
3,332 SF
Lot
0.04 ac (1,937 SF)
APN
00001480-000100
UPID
US19-0752759
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
Building & site characteristics
From public records
Year built
1933
Heating
NONE
Stories
2
Lot
0.04 ac
Current owner
From public records · entity-resolved
202 Duval LLC
Entity
Mailing address
24 PO BOX 1527TH RD, KEY WEST, FL 33041-1527
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 13, 2024
$3,000,000
202 Duval LLC
Keys Productions INC
Warranty Deed
—
Jul 2, 2012
—
Keys Productions INC
—
Deed Of Trust
related
$2,500,000 · First State Bank Florida Keys
—
—
212 Telegraph LLC
—
Deed Of Trust
related
$597,475 · First State Bank Florida Keys
—
—
Keys Productions INC
—
Loan Modification
related
$2,563,938 · First State Bank Florida Keys
—
—
Keys Productions INC
—
Loan Modification
related
$2,032,539 · First State Bank Florida Keys
—
—
Keys Productions INC
—
Loan Modification
related
$30,000 · First State Bank Florida Keys
—
—
Keys Productions INC
—
Deed Of Trust
related
$75,000 · First State Bank Florida Keys
—
—
Mark Rossi
—
Deed Of Trust
related
$519,104 · First State Bank Florida Keys
—
—
Keys Productions INC
—
Deed Of Trust
related
$100,000 · First State Bank Florida Keys
—
—
Mark Rossi
—
Deed Of Trust
related
$75,000 · First State Bank Florida Keys
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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