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Property profile & analytics
OFF-MARKET
Hotels
2600 Overseas Hwy 32 Marathon, FL 33050-2243
Individually Owned
3-yr Hold
Property ID
US18-6260728
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
2004
Total area
850 SF
Lot
0.23 ac (9,881 SF)
APN
00101999-000408
UPID
US18-6260728
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Chad L Chappuis · 3 yrs held
Chad L Chappuis
since 2023
Last sale
$262,600
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
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
$4,948
Tax year 2023
Assessed value
$496,811
Assessed 2023
Previous assessed
$377,938
+31.5% YoY
Effective rate
1.00%
On assessed value
Assessed improvement
$496,811
Improvement market value
$496,811
Total market value
$496,811
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
Bathrooms
3
Total area
850 SF
Lot
0.23 ac (9,881 SF)
APN
00101999-000408
UPID
US18-6260728
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
Bathrooms
3
Lot
0.23 ac
Current owner
From public records · entity-resolved
Chad L Chappuis
Individual
Mailing address
6640 73RD LN, LORETTO, MN 55357-8745
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
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 21, 2023
$386,100
Chad L Chappuis
33 Tb LLC
Warranty Deed
$400,000 · Old National Bank
Feb 21, 2023
$262,600
Chad L Chappuis
32 Tb LLC
Warranty Deed
$274,000 · Old National Bank
Aug 31, 2020
$397,000
32 Tb LLC
Anthony J Romanelli
Warranty Deed
$276,500 · Executive National Bank
Aug 6, 2019
$394,000
Anthony J Romanelli
Lambert,raymond & Amy
Warranty Deed
—
Dec 2, 2016
$435,000
Raymond Lambert
Sibley,mark S & Melissa B
Warranty Deed
—
Jul 7, 2015
$390,100
Mark S Sibley
Bank Of New York Me 2007-mi
Grant Deed
—
Jan 27, 2015
$100
Bank Of New York Mellon 2007-mi Tr
Kos Herman Coc
Trustees Deed
related
—
Dec 24, 2014
$100
Bank Of New York Mellon 2007-mi Tr
Deputy Clerk Of Monroe County|kos,herman
Trustees Deed
related
—
Jun 12, 2007
$910,000
Herman Kos
Sandra Schwemmer INC
Special Warranty Deed
—
Jun 16, 2005
$550,000
Sandra Schwemmer INC
Marathon Resort Dev INC
Grant Deed
$440,000 · Orion Bank
—
—
Sandra Schwemmer INC
—
Deed Of Trust
related
$27,500 · Orion Bank
—
—
Sandra Schwemmer INC
—
Deed Of Trust
related
$440,000 · Orion Bank
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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