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Property profile & analytics
OFF-MARKET
Estimated value
$570,000
Office buildings
3138 Northside Dr 1 Key West, FL 33040-8009
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US18-3430971
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
1991
Total area
2,045 SF
Lot
1.76 ac (76,780 SF)
APN
00065780-000205
UPID
US18-3430971
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
-
Barefoot Appraisal Real Estate Agency
-
Midway Specialty Care Center - Key West, Lisa Noble APRN Medical Clinic
-
Robert Olson, MD Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$575k
CAP Approach
CAP
$635k
Comparable Approach
Comparable
$684k
Blend (final)
Blend
$570k
Owner & transaction history
Unit E At Northside INC · 5 yrs held
Unit E At Northside INC
since 2021
Last sale
$575,000
2 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 Key West submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Key West 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
$560,000
ML approach
$575,000
CAP Approach
CAP Return
Estimation
6%
$685,000
6.5%
$635,000
7%
$590,000
Blend value · Realmo final
$570k
Range $513k – $627k · ±10% · vs last sale $575k (Mar 31 2021)
Last sale anchor
$575k
Mar 31 2021
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
$279 / 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
$4,673
Tax year 2023
Assessed value
$557,768
Assessed 2023
Previous assessed
$489,031
+14.1% YoY
Effective rate
0.84%
On assessed value
Assessed improvement
$557,768
Improvement market value
$557,768
Total market value
$557,768
Applied tax rate
10.0000
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
PROFESSIONAL BUILDING
Status
Off-Market
Year built
1991
Heating
NONE
Total area
2,045 SF
Lot
1.76 ac (76,780 SF)
APN
00065780-000205
UPID
US18-3430971
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
1991
Heating
NONE
Lot
1.76 ac
Current owner
From public records · entity-resolved
Unit E At Northside INC
Entity
Mailing address
422 FLEMING ST #1, KEY WEST, FL 33040-6529
Mailing matches property
Yes
Owner-occupied
Yes
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
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 31, 2021
$575,000
Unit E At Northside INC
3138 Northside Drive LLC
Warranty Deed
$431,250 · Gulf Atlantic Bank
Dec 30, 1999
$360,000
Northside Dr Lc 3138
Judco INC
Grant Deed
$342,000 · First State Bank Florida Keys
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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