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Property profile & analytics
OFF-MARKET
Hotels
3155 Gulf Of Mexico Dr 252 Longboat Key, FL 34228-2912
Individually Owned
3-yr Hold
Free & Clear
Property ID
US18-2178359
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1960
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
416 SF
Zoning code
R4MX
APN
0005-07-1037
UPID
US18-2178359
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
-
The Diplomat Beach Resort Hotel & Motel Resort
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
Ralph Denino · 3 yrs held
Ralph Denino
since 2023
Last sale
$245,000
7 recorded transactions
Zoning & alternative use
R4MX · Longboat Key, FL
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 Longboat Key submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Longboat 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
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
$3,513
Tax year 2023
Assessed value
$255,700
Assessed 2023
Previous assessed
$213,800
+19.6% YoY
Effective rate
1.37%
On assessed value
Assessed improvement
$255,700
Improvement market value
$255,700
Total market value
$255,700
Applied tax rate
420.0000
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
1960
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
WALL UNIT
Stories
1
Rooms
1
Bathrooms
1
Total area
416 SF
Zoning code
R4MX
APN
0005-07-1037
UPID
US18-2178359
Jurisdiction
SARASOTA
Zoning & alternative use
R4MX · Longboat Key, FL
Zoning R4MX · permitted uses
R4MX · Longboat Key, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Longboat Key. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1960
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Stories
1
Rooms
1
Bathrooms
1
Current owner
From public records · entity-resolved
Ralph Denino
Individual
Free & Clear · 3 yrs held
Mailing address
5 WINSLOW PL, LONGBOAT KEY, FL 34228-2919
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
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 3, 2023
—
Ralph Denino
Ralph Lorenzo Denino
Intrafamily Transfer
related
—
May 20, 2021
$245,000
Ralph Lorenzo Denino
Julia Winer
Warranty Deed
—
Aug 19, 2019
$280,000
Julia Winer
Barnett,john C JR
Warranty Deed
—
Jul 29, 2019
$100
John C Barnett JR.
Barnett Iris J
Grant Deed
related
—
Oct 26, 2018
$100
Iris J Barnett
Barnett John C SR
Grant Deed
related
—
Feb 15, 2012
$170,000
John Barnett
Fdic 2011-n1 Asset Trust
Grant Deed
—
Jan 27, 2012
—
Fdic 2011-n1 Asset Trust
Landmark Bk Of Fl
Quit Claim Deed
—
Jun 9, 2010
$273,087
Landmark Bk Of Fl
Florida Gulf Front Props LLC
Deed In Lieu Of Foreclosure
related
—
Sep 14, 2009
$271,000
Florida Gulf Front Props LLC
Coastal Properties Of Florida LLC
Warranty Deed
—
Apr 6, 2009
—
Coastal Properties Of Florida LLC
—
Trustees Deed
related
$271,000 · Landmark Bank Of Florida
Oct 28, 2005
$320,000
Coastal Properties Of Florida LLC
Rollin W Perry
Warranty Deed
$256,000 · Landmark Bank Of Florida
—
—
Julia Winer
—
Deed Of Trust
related
$277,130 · Wfo Hldgs LLC
—
—
Rollin W Perry
—
Deed Of Trust
related
$100,000 · Bank Of America
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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