Back to Search
Property profile & analytics
OFF-MARKET
Hotels
210 Periwinkle Way Sanibel, FL 33957-7414
Individually Owned
6-yr Hold
Absentee Owner
Free & Clear
Property ID
US19-0804632
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Lot
0.39 ac (17,163 SF)
APN
21-46-23-T1-00200.1010
UPID
US19-0804632
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
-
Lighthouse Resort & Club Travel Agency
-
Sanibel Vacation Rentals & Sales Real Estate Agency
-
Lighthouse Resort & Club, llc Hotel & Motel Resort
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
Kenneth J Warger · 6 yrs held
Kenneth J Warger
since 2020
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 Sanibel submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sanibel 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
$43,883
Tax year 2023
Assessed value
$3,997,050
Assessed 2023
Previous assessed
$2,210,550
+80.8% YoY
Effective rate
1.10%
On assessed value
Assessed improvement
$3,997,050
Improvement market value
$3,997,050
Total market value
$3,997,050
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
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
Heating
NONE
Lot
0.39 ac (17,163 SF)
APN
21-46-23-T1-00200.1010
UPID
US19-0804632
Jurisdiction
LEE
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
Heating
NONE
Lot
0.39 ac
Current owner
From public records · entity-resolved
Kenneth J Warger
Individual
Free & Clear · 6 yrs held
Mailing address
118 107TH AVE, TREASURE ISLAND, FL 33706-4716
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
35 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 11, 2024
—
Lighthouse Resort & Club Associatio
—
Deed
related
$2,000,000 · United States Small Business Admin
Apr 2, 2020
—
Kenneth J Warger
Warger Joan Q Trust
Quit Claim Deed
related
—
Jul 6, 2018
—
Hans J Skalle
Skalle,mavis
Quit Claim Deed
related
—
Oct 9, 2012
—
Mary J Johnson
Thomas,minnie
Quit Claim Deed
related
—
Feb 1, 2010
—
Marzee I Thomas
Everitt,patricia W
Quit Claim Deed
related
—
Nov 28, 2006
$6,000
Suellen Wagner-lison
Lighthouse Resort & Club Assn
Warranty Deed
related
—
Mar 29, 2006
$3,800
Chester Simmons
Benson,neal P III
Warranty Deed
related
—
Oct 31, 2005
$3,700
Nar Properties INC
Lighthouse Resort & Club Condo
Warranty Deed
related
—
Apr 7, 2005
—
Louisa Refano
Refano,virgil J
Affidavit Of Death
related
—
May 28, 2004
$4,300
Thomas Lukeman
Duncan,robert L & Grace M
Quit Claim Deed
related
—
Jan 22, 2004
$3,200
Lighthouse Resort
Watrous,theodore
Quit Claim Deed
related
—
Nov 7, 2003
—
Aubre S Russolello
Davison,suzanne S
Quit Claim Deed
related
—
Oct 13, 2003
$4,900
Addison Evans
Lighthouse Resort & Club Assn
Grant Deed
related
—
Jun 17, 2003
—
Kris Steiner
Tomlinson,geraldine A & William A
Quit Claim Deed
related
—
May 7, 2003
$6,000
Carl Luecke
Feather,frank
Quit Claim Deed
related
—
Apr 9, 2003
—
Beverly Keehn
Suburban Bank & Trust Trustee
Grant Deed
related
—
Feb 20, 2003
$13,500
Larry H Bergmann
Berman,sanford L & Darcy J
Grant Deed
—
Nov 15, 2002
$5,400
Lawrence C Neill
Lighthouse Resort & Club Assoc
Grant Deed
related
—
Nov 15, 2002
$4,000
Laurie A Jennings
Lighthouse Resort & Club Assoc
Grant Deed
related
—
Oct 15, 2002
$4,500
Marie Stuckey
Lighthouse Resort & Club Assoc
Grant Deed
related
—
Sep 18, 2002
$5,000
Margaret K Dixon
Lighthouse Resort & Club Assn
Grant Deed
related
—
Jul 5, 2001
$7,000
Anthony Archibald
Archibald,jane O
Grant Deed
related
—
Feb 1, 2001
$5,500
Amy G Milburn
Lighthouse Resort & Club Assoc
Grant Deed
related
—
Dec 14, 2000
$5,000
David Dickson
Gohlke,george H
Quit Claim Deed
related
—
Mar 2, 2000
$4,200
Helena A Ponder
Lighthouse Resort & Club Assoc
Grant Deed
related
—
Dec 16, 1999
$4,500
John H Grice
Myer,richard M & Hollace A
Grant Deed
—
Jul 15, 1999
$5,000
Charles H Wilson
Mitchell,vicki L
Grant Deed
—
Jun 28, 1999
$5,500
Daniel D Johnson
Johnson,curtis A
Grant Deed
related
—
Jun 22, 1999
$3,400
Robert Hedstrom
Anderson,delores
Grant Deed
—
Oct 9, 1998
$6,200
Robert A Adolfson
Lima,corrine M
Grant Deed
—
Jun 18, 1998
$5,400
Robert R Sexton
Bienvenu,leo G
Grant Deed
—
Jun 3, 1998
$3,900
Richard W Coomber
Raab,david B & Joan C
Grant Deed
—
May 28, 1998
$2,500
Frank Utry
Nice,brian & Carolyn J
Grant Deed
related
—
Aug 5, 1997
$3,000
Pam Santo
Davis,jacqueline M
Quit Claim Deed
related
—
Jan 9, 1997
—
Eileen G Murphy
Murphy,eileen G
Quit Claim Deed
related
—
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 210 Periwinkle Way?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
