New search
Property profile & analytics
OFF-MARKET
Estimated value
$2,410,000
Hotels
323 Whitehead St Key West, FL 33040-6542
Individually Owned
2-yr Hold
Free & Clear
Property ID
US19-0462660
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1934
Total area
5,877 SF
Lot
0.2 ac (8,726 SF)
APN
00004570-000100
UPID
US19-0462660
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 Banyan Resort Hotel & Motel Resort
-
William Lowe Delaney/Theodore Holtsberg House 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
$2.41M
Owner & transaction history
Ariane Godby · 2 yrs held
Ariane Godby
since 2024
Last sale
$3,000
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
$410 / 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
$19,305
Tax year 2023
Assessed value
$2,469,810
Assessed 2023
Previous assessed
$2,469,810
+0.0% YoY
Effective rate
0.78%
On assessed value
Assessed improvement
$2,469,810
Improvement market value
$2,469,810
Total market value
$2,469,810
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
1934
Heating
NONE
Units
8
Bathrooms
8
Total area
5,877 SF
Lot
0.2 ac (8,726 SF)
APN
00004570-000100
UPID
US19-0462660
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
1934
Heating
NONE
Units
8
Bathrooms
8
Lot
0.2 ac
Current owner
From public records · entity-resolved
Ariane Godby
Individual
Free & Clear · 2 yrs held
Mailing address
122 BARLEY ST, ST AUGUSTINE, FL 32092-3317
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
22 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 23, 2024
$3,000
Ariane Godby
Charles William Walz IV
Warranty Deed
—
Feb 12, 2024
$3,200
Dennis L Gill
Nancy Freihaut
Warranty Deed
—
Dec 4, 2023
$10,000
Daniel P Boyd
The Banyan Tree Of Key West Condomi
Warranty Deed
—
Mar 31, 2023
$5,000
Denise L Baker Simon
Timothy A Hines
Warranty Deed
—
Jan 14, 2008
—
Gehrig G Hall
Hall,gehrig G & Deborah M
Quit Claim Deed
related
—
Feb 5, 2004
$100
Banyan Tree Of Key West Condo
Cox,clinton
Trustees Deed
related
—
Jan 14, 2004
$100
Banyan Tree Of Key West Condo
Cox,clinton
Trustees Deed
related
—
Dec 11, 2003
—
Banyan Tree Of Key West Condo
Tignor,gayle A
Trustees Deed
related
—
Nov 26, 2003
$100
Banyan Tree Of Key West Condo
Tigner,gayle A
Trustees Deed
related
—
Oct 17, 2003
—
Banyan Tree Key West Condo INC
Davis,charles M
Trustees Deed
related
—
Oct 2, 2003
$100
Banyan Tree Of Key West Condo
Davis,charles M
Trustees Deed
related
—
May 2, 2003
—
Banyan Tree Of Key West Condo
Baroas,e E & Susan H
Quit Claim Deed
related
—
Mar 18, 2003
—
Banyan Tree Of Key West Condo
Peterson,marsha E
Grant Deed
related
—
Jan 24, 2002
—
Banyan Tree Of Key West Condo
Lopez,emma E
Grant Deed
related
—
Sep 7, 2000
$3,000
Linda J Bishop
Welzel,george R
Grant Deed
related
—
May 4, 2000
$6,500
Zecher Trust
Johnson,elmer E & Betty K
Grant Deed
—
Jun 24, 1998
$5,000
William M Zolga
Jickling,thomas K & Robyn D
Grant Deed
—
Jun 10, 1998
$2,800
James R Foos
Browning,elizabeth A
Grant Deed
related
—
May 3, 1998
$5,500
Malcolm Burgis
Pallo,charles B
Grant Deed
—
Mar 6, 1998
$7,000
William P Lewis
Morroney,patrick D & Mary A
Grant Deed
—
Jan 8, 1998
$7,800
John E Glasgow
Canatella,malissa A
Grant Deed
—
Dec 19, 1997
$6,000
Roy A Hankins
Barton,karen S
Grant Deed
—
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 323 Whitehead St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
