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Property profile & analytics
OFF-MARKET
Office buildings
4711 Gulf Of Mexico Dr Longboat Key, FL 34228-2103
Entity Owned
6-yr Hold
Free & Clear
Property ID
US18-0454209
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1973
Construction
TYPE NOT SPECIFIED
Total area
71,877 SF
Lot
5.2 ac (226,512 SF)
Zoning code
LBK_T-6
APN
80113.0000-4
UPID
US18-0454209
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
-
Zota Beach Resort Hotel & Motel Resort
-
Coastal Watersports Boat Rental Service
-
BouYah Watersports - Zota Beach Resort (Bike/Boat/Book/etc) Store
-
Public Beach Access Beach Pavillion
-
Hilton Longboat Key Beachfront Resort 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
by Request
Owner & transaction history
Zota Beach Hotel LLC · 6 yrs held
Zota Beach Hotel LLC
since 2020
Last sale
$670,000
7 recorded transactions
Zoning & alternative use
LBK_T-6 · 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
$672,320
Tax year 2023
Assessed value
$52,489,710
Assessed 2023
Previous assessed
$38,847,494
+35.1% YoY
Effective rate
1.28%
On assessed value
Land market value
$10,477,848
Improvement market value
$38,522,152
Total market value
$52,489,710
Applied tax rate
156.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1973
Construction
TYPE NOT SPECIFIED
Heating
YES
Cooling
CENTRAL
Buildings
2
Stories
1
Units
187
Total area
71,877 SF
Lot
5.2 ac (226,512 SF)
Zoning code
LBK_T-6
APN
80113.0000-4
UPID
US18-0454209
Jurisdiction
MANATEE
Zoning & alternative use
LBK_T-6 · Longboat Key, FL
Zoning LBK_T-6 · permitted uses
LBK_T-6 · 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
1973
Construction
TYPE NOT SPECIFIED
Heating
YES
Cooling
Yes
Stories
1
Buildings
2
Units
187
Lot
5.2 ac
Current owner
From public records · entity-resolved
Zota Beach Hotel LLC
Entity
Free & Clear · 6 yrs held
Mailing address
1001 E ATLANTIC AVE STE #202, DELRAY BEACH, FL 33483-6974
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 4, 2020
—
Zota Beach Hotel LLC
—
Deed
related
$60,000,000 · Fifth Third Bank
Jan 27, 2020
$67,000,000
Zota Beach Hotel LLC
Oprock Longboat Fee LLC
Grant Deed
—
Oct 15, 2014
—
Oprock Longboat Fee LLC
—
Loan Modification
related
$48,750,000 · Us Bk
Aug 8, 2007
$14,414,600
Oprock Longboat Fee LLC
Longboat Key Dev LLC
Grant Deed
—
Sep 24, 1997
$280,000
Sarasota Prime Hotels
Shannon Longboat Associates
Grant Deed
—
—
—
Longboat Key Dev LLC
—
Deed Of Trust
related
$3,103,000 · Wachovia Bank NA
—
—
Oprock Longboat Fee LLC
—
Loan Modification
related
$51,260,851 · Us 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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