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Property profile & analytics
OFF-MARKET
Estimated value
$49,840,000
Hotels
300 1st Bch Blvd Saint Augustine, FL 32080-5902
Entity Owned
12-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-5367455
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
2018
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
101,819 SF
Lot
6.06 ac (264,017 SF)
APN
163000 0000
UPID
US18-5367455
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$49.84M
Blend (final)
Blend
$49.84M
Owner & transaction history
Key Beach North LLC · 12 yrs held
Key Beach North LLC
since 2014
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$46.8M
+30.4%
Commercial (general)
$37.2M
+3.6%
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 Saint Augustine submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Saint Augustine 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$35,905,000
Current use
RESTAURANT
$46,810,000
Change: +30% · Conversion: Difficult
COMMERCIAL (GENERAL)
$37,215,000
Change: +4% · Conversion: Difficult
Blend value · Realmo final
$49.84M
Range $44.86M – $54.82M · ±10%
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
$489 / 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
$779,749
Tax year 2023
Assessed value
$50,134,000
Assessed 2023
Previous assessed
$36,464,300
+37.5% YoY
Effective rate
1.56%
On assessed value
Land market value
$7,919,910
Improvement market value
$42,214,090
Total market value
$50,134,000
Applied tax rate
551.0000
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
Status
Off-Market
Year built
2018
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
5
Stories
4
Total area
101,819 SF
Lot
6.06 ac (264,017 SF)
APN
163000 0000
UPID
US18-5367455
Jurisdiction
ST JOHNS
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$35.9M
RESTAURANT
Est. value
$46.8M
COMMERCIAL (GENERAL)
Est. value
$37.2M
HOTEL/MOTEL Current
RESTAURANT
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2018
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
4
Buildings
5
Lot
6.06 ac
Current owner
From public records · entity-resolved
Key Beach North LLC
Entity
Mailing address
848 BRICKELL AVE, MIAMI, FL 33131-2949
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 1, 2019
—
Key Beach North LLC
—
Loan Modification
related
$40,000,000 · Iberiabank
Jan 21, 2014
$9,750,000
Key Beach North LLC
Craven Land Corp
Grant Deed
$4,875,000 · Totalbank
Oct 30, 2007
—
Craven Land Corp
—
Trustees Deed
related
$1,500,000 · First Guaranty Bk & Tr Jackson
—
—
Craven Land Corp
—
Deed Of Trust
related
$585,900 · Us Small Business Admn
—
—
Key Beach North LLC
—
Loan Modification
related
$5,000,000 · Sabadell United Bk NA
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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