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Property profile & analytics
OFF-MARKET
Estimated value
$635,000
Hotels
2600 Overseas Hwy 25 Marathon, FL 33050-2243
Entity Owned
3-yr Hold
Property ID
US18-6173603
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
2004
Total area
1,320 SF
Lot
0.23 ac (9,881 SF)
APN
00101999-000401
UPID
US18-6173603
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
-
Butterfly Café Restaurant
-
TJ's Tiki Bar Restaurant
-
Tranquility Bay Beach Resort Hotel & Motel Resort
-
Overseas Boat Rental Group Boat Rental Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$565k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$618k
Blend (final)
Blend
$635k
Owner & transaction history
Palm Largo 25 LLC · 3 yrs held
Palm Largo 25 LLC
since 2023
Last sale
$675,000
6 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
$645,000
ML approach
$565,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$635k
Range $572k – $699k · ±10% · vs last sale $675k (Jul 3 2023)
Last sale anchor
$675k
Jul 3 2023
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
$481 / 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
$4,997
Tax year 2023
Assessed value
$540,948
Assessed 2023
Previous assessed
$411,406
+31.5% YoY
Effective rate
0.92%
On assessed value
Assessed improvement
$540,948
Improvement market value
$540,948
Total market value
$540,948
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
Hotels
Use group
HOTEL/MOTEL
Status
Off-Market
Year built
2004
Heating
NONE
Units
1
Total area
1,320 SF
Lot
0.23 ac (9,881 SF)
APN
00101999-000401
UPID
US18-6173603
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
2004
Heating
NONE
Units
1
Lot
0.23 ac
Current owner
From public records · entity-resolved
Palm Largo 25 LLC
Entity
Mailing address
38 BROOKRIDGE CT, RYE BROOK, NY 10573-3437
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 3, 2023
$675,000
Palm Largo 25 LLC
Frias Beach House LLC
Warranty Deed
$506,250 · Ubank
Oct 3, 2018
$470,500
Frias Beach House LLC
Singer Isle I LLC
Warranty Deed
$376,400 · Sw Legacy LLC
Jun 11, 2008
$625,000
Singer Isle I LLC
Harris,bernard T
Warranty Deed
—
Jun 3, 2005
$600,000
Bernard R Harris
Marathon Resort Dev INC
Grant Deed
—
—
—
Frias Beach House LLC
—
Loan Modification
related
$376,400 · Sw Legacy LLC
—
—
Frias Beach House LLC
—
Deed Of Trust
related
$377,000 · Athas Cap
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
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