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Property profile & analytics
OFF-MARKET
Estimated value
$2,265,000
Hotels
321 Whitehead St Key West, FL 33040
Individually Owned
2-yr Hold
Free & Clear
Property ID
US18-2806844
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1980
Total area
5,440 SF
Lot
0.27 ac (11,552 SF)
APN
00004500-000100
UPID
US18-2806844
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
-
Phillip L. Cosgrove House, 1872 Marker Heritage Building
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.27M
Owner & transaction history
Jennifer A Trapani · 2 yrs held
Jennifer A Trapani
since 2024
Last sale
$10,000
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 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$416 / 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
$22,009
Tax year 2023
Assessed value
$2,608,760
Assessed 2023
Previous assessed
$2,608,760
+0.0% YoY
Effective rate
0.84%
On assessed value
Assessed improvement
$2,608,760
Improvement market value
$2,608,760
Total market value
$2,608,760
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
Hotels
Use group
HOTEL/MOTEL
Status
Off-Market
Year built
1980
Heating
NONE
Units
8
Bathrooms
11
Total area
5,440 SF
Lot
0.27 ac (11,552 SF)
APN
00004500-000100
UPID
US18-2806844
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
1980
Heating
NONE
Units
8
Bathrooms
11
Lot
0.27 ac
Current owner
From public records · entity-resolved
Jennifer A Trapani
Individual
Free & Clear · 2 yrs held
Mailing address
138 QUAKER HWY, UXBRIDGE, MA 01569-1630
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
23 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 25, 2024
$18,000
Jennifer A Trapani
Kevin A Trapani
Warranty Deed
related
—
Feb 12, 2024
$10,000
Kevin D Kuney
Jackson Family Trust Dated July 10
Warranty Deed
—
Jun 7, 2023
$7,000
August W Abel
Michael D Johnson
Warranty Deed
—
Apr 11, 2023
$22,500
Kasey S Lowry
John R Carnahan
Warranty Deed
—
Apr 10, 2023
$13,000
Gayle C Howard
Joan Becker
Warranty Deed
—
Jun 21, 2004
—
Harrison P Seltzer
Burgis,malcolm M
Quit Claim Deed
related
—
Feb 5, 2004
$600
Banyan Tree Of Key West Condo
Sokalski,mark A
Trustees Deed
related
—
Dec 29, 2003
—
Goodwill Industries Of Pittsbu
Hamill,louis E & Sandra L
Grant Deed
related
—
Dec 11, 2003
—
Banyan Tree Of Key West Condo
Simmons,edson B
Trustees Deed
related
—
Nov 6, 2003
$100
Banayn Tree Of Key West Condo
Sokalski,mark A
Trustees Deed
related
—
Oct 17, 2003
—
Banyan Tree Key West Condo INC
Brantle,cynthia G
Trustees Deed
related
—
Aug 11, 2003
$100
Banyan Tree Of Key West Condo
Bachef,judith
Trustees Deed
related
—
Jul 14, 2003
—
Banyan Tree Of Key West Condo
Culbertson,patrick K & Michelle
Trustees Deed
related
—
Jul 2, 2003
$100
Banyan Tree Of Key West Condom
Culbertson,patrick K
Trustees Deed
related
—
Jul 3, 2002
$4,000
Mary M Dale
Schroeder,thomas M & Jean F
Grant Deed
—
Mar 28, 2002
$7,500
Sean Miller
Marek,kenneth
Grant Deed
—
Jan 8, 2001
$3,500
Charles M Freel
Bodo,guido & Marcella
Grant Deed
—
Jul 24, 2000
$3,200
Susan E Little
Lyon,scott R & Patricia F
Grant Deed
—
May 3, 2000
$11,000
Terrance W Gray
Olaughlin,ronald P & Gloria H
Grant Deed
—
Feb 9, 1999
$8,500
Bruce R Haas
Cichon,james S
Grant Deed
—
Jan 14, 1999
$2,900
Althea Bucko
Turnbull,stanley R & Sandra J
Grant Deed
related
—
May 20, 1998
$7,000
Gregory A Pirnik
Svehlak,joseph V
Grant Deed
—
Jul 24, 1997
$2,000
Scott R Lyon
Cross County Inv Associates
Grant Deed
related
—
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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