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Property profile & analytics
FOR LEASE
Office buildings
31031 Avenue A Big Pine Key, FL 33043
Entity Owned
4-yr Hold
Free & Clear
Property ID
US18-4114132
For Lease
1 / 31
$4,500/Mo
31031 Avenue A, Big Pine Key, FL 33043
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1995
Total area
2,436 SF
Lot
0.34 ac (15,000 SF)
APN
00301520-000000
UPID
US18-4114132
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
$620k
CAP Approach
CAP
$755k
Comparable Approach
Comparable
$851k
Blend (final)
Blend
$670k
Owner & transaction history
E & M Keys Real Estate Holdings LLC · 4 yrs held
E & M Keys Real Estate Holdings LLC
since 2022
Last sale
$675,000
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 Big Pine Key submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Big Pine 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
Method
Estimation
Statistic approach
$620,000
ML approach
$620,000
CAP Approach
CAP Return
Estimation
6%
$815,000
6.5%
$755,000
7%
$700,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,065,000
Current use
COMMERCIAL (GENERAL)
$975,000
Change: -8% · Conversion: Easy
Blend value · Realmo final
$670k
Range $603k – $737k · ±10% · vs last sale $675k (Mar 14 2022)
Last sale anchor
$675k
Mar 14 2022
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
$275 / 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
$5,010
Tax year 2023
Assessed value
$555,458
Assessed 2023
Previous assessed
$555,586
0.0% YoY
Effective rate
0.90%
On assessed value
Assessed land
$345,000
Assessed improvement
$210,458
Land market value
$345,000
Improvement market value
$210,458
Total market value
$555,458
Applied tax rate
100.0000
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
For Lease
Year built
1995
Heating
FORCED AIR
Stories
1
Total area
2,436 SF
Lot
0.34 ac (15,000 SF)
APN
00301520-000000
UPID
US18-4114132
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
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$1.1M
COMMERCIAL (GENERAL)
Est. value
$975,000
OFFICE BUILDING Current
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
1995
Heating
FORCED AIR
Stories
1
Lot
0.34 ac
Current owner
From public records · entity-resolved
E & M Keys Real Estate Holdings LLC
Entity
Free & Clear · 4 yrs held
Mailing address
14565 NW 26TH AVE, OPA LOCKA, FL 33054-3123
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 14, 2022
$675,000
E & M Keys Real Estate Holdings LLC
31031 Big Pine Key LLC
Warranty Deed
—
Oct 4, 2021
$700,000
31031 Big Pine Key LLC
Lane And Johnson Holdings LLC
Warranty Deed
$275,170 · Lane And Johnson Holdings LLC
Apr 28, 2017
—
Eric Johnson
—
Deed
related
$400,000 · Harold & Delores Rudd
Jun 30, 2015
$400,000
Lane & Johnson Holdings LLC
Rudd,harold & Delores
Warranty Deed
$400,000 · Harold & Delores Rudd
Jun 18, 2015
$500
Harold Rudd
Hill-nardone Rea Trust Coc
Trustees Deed
related
—
Jun 2, 2015
$500
Harold Rudd
Clerk Of Monroe County|hill-nardone Realty Trust
Trustees Deed
related
—
Aug 1, 1994
—
Owner Name Unavailable
Owner Name Unavailable
Warranty Deed
related
—
Sep 1, 1986
$100,000
John E Malone
Warren,yvonne A
Warranty Deed
related
—
—
—
Eric Johnson
—
Loan Modification
related
$400,000 · Harold & Delores Rudd
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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