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Property profile & analytics
OFF-MARKET
Estimated value
$655,000
Hotels
3500 Ocean Dr 424 Vero Beach, FL 32963-1621
Individually Owned
7-yr Hold
Free & Clear
Property ID
US18-9050833
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
2007
Total area
1,745 SF
APN
32-40-32-00046-0000-00424.0
UPID
US18-9050833
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
-
Sea Glass Boutique (Bike/Boat/Book/etc) Store
-
Tesla Destination Charger Electric Vehicle Charging Station
-
White Orchid Spa Spa & Massage Center Alternative Medicine Practice
-
Heaton's Restaurant
-
Cobalt Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$889k
Blend (final)
Blend
$655k
Owner & transaction history
Juliette A Holler · 7 yrs held
Juliette A Holler
since 2018
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 Vero Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Vero Beach 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$655k
Range $590k – $721k · ±10%
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
$375 / 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
$10,719
Tax year 2023
Assessed value
$765,000
Assessed 2023
Previous assessed
$765,000
+0.0% YoY
Effective rate
1.40%
On assessed value
Assessed improvement
$765,000
Improvement market value
$765,000
Total market value
$765,000
Applied tax rate
8.0000
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
2007
Heating
NONE
Stories
1
Units
1
Bathrooms
2
Total area
1,745 SF
APN
32-40-32-00046-0000-00424.0
UPID
US18-9050833
Jurisdiction
INDIAN RIVER
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
2007
Heating
NONE
Stories
1
Units
1
Bathrooms
2
Current owner
From public records · entity-resolved
Juliette A Holler
Individual
Free & Clear · 7 yrs held
Mailing address
1011 N WYMORE RD, WINTER PARK, FL 32789-1754
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 15, 2018
$1,150,000
Juliette A Holler
Vero Atlantic 1 LLC
Warranty Deed
—
Mar 16, 2015
$620,000
Vero Atlantic 1 LLC
Iberiabank
Grant Deed
—
Apr 2, 2014
$351,000
Vero Lee LLC
Orion Bk
Grant Deed
—
Mar 12, 2014
$355,000
Mjtmc LLC
Orion Bk
Grant Deed
—
Aug 7, 2012
$300
Orion Bk
Schott,richard A Coc
Trustees Deed
related
—
Sep 2, 2008
$1,636,000
Beach Condo LLC
Vero Lodging LLC
Grant Deed
$1,816,500 · Orion Bank
—
—
Vero Atlantic 1 LLC
—
Deed Of Trust
related
$772,500 · National Bk/commerce
—
—
Vero Atlantic 1 LLC
—
Deed Of Trust
related
$250,000 · National Bk/commerce
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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