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Property profile & analytics
OFF-MARKET
Estimated value
$53,785,000
Hotels
395 Coronado Dr Clearwater, FL 33767-2434
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US18-0388165
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
2022
Construction
CONCRETE BLOCKS
Total area
97,777 SF
Lot
0.96 ac (41,826 SF)
APN
08-29-15-17604-000-0080
UPID
US18-0388165
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
-
Soirée Rooftop Bar & Pub
-
Umbra Pool Bar Bar & Pub
-
AC Hotel Clearwater Beach Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$53.79M
Owner & transaction history
Mhh Clearwater 395 Holdings LLC · 3 yrs held
Mhh Clearwater 395 Holdings LLC
since 2023
Last sale
$58.3M
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 Clearwater submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Clearwater 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
$550 / 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
$774,421
Tax year 2023
Assessed value
$40,175,000
Assessed 2023
Previous assessed
$7,198,171
+458.1% YoY
Effective rate
1.93%
On assessed value
Land market value
$10,429,309
Improvement market value
$29,745,691
Total market value
$40,175,000
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
2022
Construction
CONCRETE BLOCKS
Heating
YES
Cooling
AC.PACKAGE
Stories
10
Units
144
Bathrooms
7
Total area
97,777 SF
Lot
0.96 ac (41,826 SF)
APN
08-29-15-17604-000-0080
UPID
US18-0388165
Jurisdiction
PINELLAS
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
2022
Construction
CONCRETE BLOCKS
Heating
YES
Cooling
Yes
Stories
10
Units
144
Bathrooms
7
Lot
0.96 ac
Current owner
From public records · entity-resolved
Mhh Clearwater 395 Holdings LLC
Entity
Mailing address
50 S STEELE ST STE #200, DENVER, CO 80209-2807
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
16 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 3, 2024
—
Aris Mortgage Lending LLC
—
Deed
related
$17,134,831 · Aris Jpm Repo Seller 1 LLC
Sep 14, 2023
—
Clearwater 395 Holdings LLC
—
Deed
related
$91,500,000 · Athene Annuity And Life Company
Jun 29, 2023
$58,300,000
Mhh Clearwater 395 Holdings LLC
Npcw LLC
Special Warranty Deed
—
May 31, 2019
—
Npcw LLC
—
Trustees Deed
related
$27,000 · Citizens Bk NA
Nov 16, 2018
$8,800,000
Npcw LLC
Dias Dev LLC
Grant Deed
—
Oct 10, 2017
—
Dias Dev LLC
—
Deed
related
$4,400,000 · Axiom Bk
Feb 15, 2016
$5,800,000
Dias Dev LLC
Mainstream Partners Viii Ltd
Warranty Deed
$4,500,000 · Private Individual
Mar 16, 2009
—
Mainstream Partners Viii Ltd
—
Deed Of Trust
related
$5,500,000 · City National Bank Of Florida
Mar 13, 2009
$9,075,000
Mainstream Partners Viii Ltd
325 South Gulfview Boulevard-c
Grant Deed
—
Jan 26, 2009
—
325 South Gulfview Boulevard-c
Lucca Development LLC Coc
Trustees Deed
related
—
May 26, 2005
$1,800,000
Lucca Dev LLC
Us Euro Trade INC
Warranty Deed
$1,800,000 · Prairie Bank & Trust Co
Feb 20, 2002
$910,000
Us-euro-trade INC
Jogy Corp
Grant Deed
$500,000 · Monique C Deblois
Jan 6, 1998
$728,000
Jogy Corp
Deblois,monique C
Grant Deed
$640,000 · Seller
—
—
Mainstream Partners Viii Ltd
—
Deed Of Trust
related
$5,413,333 · Usameribank
—
—
Mainstream Partners Viii Ltd
—
Deed Of Trust
related
$440,177 · Usameribank
—
—
Dias Dev LLC
—
Deed Of Trust
related
$4,400,000 · Axiom Bk
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
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