New search
Property profile & analytics
OFF-MARKET
Office buildings
24171 Overseas Hwy, Summerland Key, FL 33042-4858
Entity Owned
4-yr Hold
Absentee Owner
Property ID
US18-5914899
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2006
Total area
1,250 SF
Lot
0.53 ac (23,245 SF)
APN
00114700-000000
UPID
US18-5914899
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
-
Julie’s Kitchen Restaurant
-
Berman Law Group Law Firm
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
Fresh Properties LLC · 4 yrs held
Fresh Properties LLC
since 2021
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 Summerland Key submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Summerland Key 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
$5,193
Tax year 2023
Assessed value
$613,775
Assessed 2023
Previous assessed
$613,775
+0.0% YoY
Effective rate
0.85%
On assessed value
Assessed land
$406,788
Assessed improvement
$206,987
Land market value
$406,788
Improvement market value
$206,987
Total market value
$613,775
Applied tax rate
120.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2006
Heating
FORCED AIR
Cooling
YES
Buildings
2
Stories
1
Total area
1,250 SF
Lot
0.53 ac (23,245 SF)
APN
00114700-000000
UPID
US18-5914899
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
2006
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Lot
0.53 ac
Current owner
From public records · entity-resolved
Fresh Properties LLC
Entity
Mailing address
2219 SAWDUST RD STE #1302, SPRING, TX 77380-2581
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 13, 2021
—
Fresh Properties LLC
Thomas C Kelly
Correction Deed
related
—
Aug 24, 2021
$830,000
Fresh Properties LLC
Thomas C Kelly
Warranty Deed
$503,934 · Kelly Family Trust
Dec 4, 2018
—
Kelly Family Trust
—
Deed
related
—
Oct 24, 2018
$325,000
Kelly Family Trust
Pearl,leo & Lois
Warranty Deed
$487,500 · Centennial Bk
Mar 21, 2018
—
Kelly Family Trust
Kelly,thomas
Quit Claim Deed
related
—
Dec 21, 2017
—
Kelly Family Trust
Kelly,thomas
Quit Claim Deed
related
—
Mar 30, 2007
$140,000
Thomas Kelly
Kelly,thomas & Kathleen
Quit Claim Deed
related
—
Jun 17, 1998
$105,000
Thomas Kelly
Florida Keys Associates INC
Grant Deed
$100,000 · Individual
Sep 11, 1995
$112,000
Fl Keys Assoc INC
Bender,maxine W|hines,marcus W
Warranty Deed
related
$10,250
Dec 1, 1986
$115,000
Marcus W Hines
Elkins,joseph H
Warranty Deed
related
$101,000
Sep 1, 1981
$71,300
Joseph H Elkins
Bowlby,david E
Warranty Deed
related
$25,000
—
—
Thomas Kelly
—
Loan Modification, Consolidation And Extension
related
—
—
—
Thomas C Kelly
—
Deed Of Trust
related
$117,750 · Marine Bank Florida Keys
—
—
Thomas Kelly
—
Deed Of Trust
related
$104,029 · Centennial Bank
—
—
Kelly Family Trust
—
Loan Modification
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 24171 Overseas Hwy?
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.
