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Property profile & analytics
OFF-MARKET
Hotels
485 Atlantic Ave Ormond Beach, FL 32176-7127
Entity Owned
5-yr Hold
Property ID
US18-0473869
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
APN
4223-24-00-1600
UPID
US18-0473869
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 Maverick Resort Hotel & Motel Resort
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
Maverick Condo Assoc INC · 5 yrs held
Maverick Condo Assoc INC
since 2020
Last sale
$500
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 Ormond Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ormond 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
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
$33,985
Tax year 2023
Assessed value
$2,081,245
Assessed 2023
Previous assessed
$8,324,978
-75.0% YoY
Effective rate
1.63%
On assessed value
Assessed improvement
$2,081,245
Improvement market value
$2,081,245
Total market value
$2,081,245
Applied tax rate
201.0000
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
Heating
NONE
APN
4223-24-00-1600
UPID
US18-0473869
Jurisdiction
VOLUSIA
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
Heating
NONE
Current owner
From public records · entity-resolved
Maverick Condo Assoc INC
Entity
Mailing address
485 S ATLANTIC AVE, ORMOND BEACH, FL 32176-7127
Mailing matches property
Yes
Owner-occupied
Yes
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
73 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 11, 2020
—
Maverick Condo Assoc INC
Andrew F Kouchoukos
Quitclaim Deed
related
—
Mar 9, 2020
—
Maverick Condo Assn INC
Anthony J Digiantommaso
Quit Claim Deed
related
—
Sep 1, 2004
$510
Grace Escano
Ellis,stewart
Warranty Deed
related
—
Jun 7, 2004
—
Brian Turpin
Timesharevalues Com LLC
Grant Deed
related
—
Jun 1, 2004
—
Haydee Erneta
Timesharevalues Com LLC
Grant Deed
related
—
May 12, 2004
—
Bonita A Mccleary
Timesharevalues Com LLC
Grant Deed
related
—
Apr 17, 2004
—
Vi Network INC
Baxley,william V & Judith L
Grant Deed
related
—
Apr 14, 2004
$1,100
P Hanson Family LP
Fiumara,rocco A & Elaine
Grant Deed
related
—
Mar 12, 2004
—
Pamela Darte
Hurley,victoria
Grant Deed
related
—
Jan 28, 2004
—
Alluru Nagendhrudu
Mccleary,bonita A
Grant Deed
related
—
Nov 4, 2003
—
Timesharevalues Com LLC
Dreammakers Fulfillment INC
Grant Deed
related
—
Oct 27, 2003
—
Erin D Clay
Timesharevalues Com LLC
Grant Deed
related
—
Oct 23, 2003
$2,300
Bobby L Beck
Harner,david A & Velma K
Grant Deed
related
—
Oct 10, 2003
$5,500
Ryan L Willey
Lando Resorts Corp
Grant Deed
related
$4,945 · Lando Resorts Corp
Sep 16, 2003
$5,500
Muhammed Asim
Lando Resorts Corp
Grant Deed
related
$2,747 · Lando Resorts Corp
Jul 30, 2003
—
Timesharevalues Com LLC
Purchase Group Ltd
Grant Deed
related
—
Jul 14, 2003
—
Dreammakers Fulfillment INC
Sanders,alfred J & Marjorie A
Grant Deed
related
—
Jul 10, 2003
—
L A Holdings
Curtis,martin C & Judy P
Grant Deed
related
—
Jul 9, 2003
—
Timesharevalues Com LLC
Dreammakers Fulfillment INC
Grant Deed
related
—
Jul 2, 2003
—
Victoria Hurley
Clark,ronald R & Karen F
Grant Deed
related
—
Apr 29, 2003
—
William L Kuckel
Long,rosa A
Grant Deed
related
—
Apr 21, 2003
—
Daniel R Anderson
Timesharevalues Com LLC
Grant Deed
related
—
Apr 19, 2003
$1,900
Al Ermmarino
Draper,marcia W
Grant Deed
related
—
Apr 18, 2003
—
Vi Network INC
Hurte,lynn N & Roberta S
Grant Deed
related
—
Apr 9, 2003
—
Diane C Rogers
Timesharevalues Com LLC
Grant Deed
related
—
Apr 7, 2003
—
Dreammakers Fulfillment INC
Yanskey,donald A & Susan B
Grant Deed
related
—
Mar 24, 2003
$200
Peter Yzquierdo
Timesharevalues Com LLC
Grant Deed
related
—
Mar 24, 2003
—
Gaylord White
Timesharevalues Com LLC
Grant Deed
related
—
Mar 24, 2003
$300
Percell J Leary
Timesharevalues Com LLC
Grant Deed
related
—
Mar 6, 2003
—
Melanie A Leigh
Price,mark H
Quit Claim Deed
related
—
Feb 10, 2003
—
Regan Cheong
Purchase Group Ltd
Grant Deed
related
—
Jan 28, 2003
$1,000
Michael F Burke
Purchase Group Ltd
Grant Deed
related
—
Jan 16, 2003
—
Bonnie L Morton
Purchase Group Ltd
Grant Deed
related
—
Jan 8, 2003
—
James D Hippler
Kouba,helen I
Quit Claim Deed
related
—
Jan 7, 2003
—
Red Zone Worldwid LLC
Purchase Group Ltd
Grant Deed
related
—
Dec 14, 2002
—
Edward Mckenna
Mescia,thomas R
Quit Claim Deed
related
—
Dec 13, 2002
—
Bonnie L Mroton
Purchase Group Ltd
Grant Deed
related
—
Dec 9, 2002
—
Fund Deptford Marketing
L A Holdings
Grant Deed
related
—
Dec 6, 2002
—
Zach Reiter
Barnes,verna B
Grant Deed
related
—
Nov 27, 2002
—
Purchase Group Ltd
Buchanan,charles E & Barbara A
Grant Deed
related
—
Nov 22, 2002
—
Timesharevalues Com LLC
Purchase Group Ltd
Grant Deed
related
—
Oct 29, 2002
$400
Kelly Wray
Hileman,claude William & Arba
Grant Deed
related
—
Sep 26, 2002
$2,000
Ronald E Woodard
Rainey,cory J
Grant Deed
related
—
Sep 18, 2002
$400
John Thompson
Bowersox,robert M & Loesa A
Quit Claim Deed
related
—
Aug 21, 2002
—
Purchase Group Ltd
Whetstone,william J & Janice G
Grant Deed
related
—
Jul 18, 2002
$500
William Graeper
Wallace,glenn H
Grant Deed
related
—
Jul 2, 2002
—
Stewart Ellis
Knause,david M & Susan
Grant Deed
related
—
Jun 21, 2002
—
Purchase Group Ltd
Cornett,gene A & Elaine D
Grant Deed
related
—
May 4, 2002
—
Stewart Ellis
Carter,charles E & Evelyn M
Grant Deed
related
—
May 3, 2002
—
Stewart Ellis
Stephen,jacquelyn
Grant Deed
related
—
May 2, 2002
—
Stewart Ellis
Hunt,nancy B
Grant Deed
related
—
Apr 24, 2002
$400
Bryan K Meissner
Venable,gary R
Quit Claim Deed
related
—
Mar 28, 2002
$4,000
Adam Millar
Dudley,ralph & Dorothy
Grant Deed
—
Mar 8, 2002
$500
John Richard
Jaume,luis A & Maria U
Grant Deed
related
—
Feb 22, 2002
—
Stewart Ellis
Hensley,duane R & Ruth M
Grant Deed
related
—
Jan 31, 2002
$1,700
Michael C Perry
Fox,elizabeth
Grant Deed
related
—
Jan 18, 2002
—
Purchase Group Ltd
Burtn,june
Grant Deed
related
—
Jan 15, 2002
$1,000
Purchase Group Ltd
Reilley,gregory K
Grant Deed
related
—
Jan 11, 2002
$600
Nicholas Phakias
Devries,robert P & Cynthia A
Grant Deed
related
—
Dec 26, 2001
—
Purchase Group Ltd
Time No More INC
Grant Deed
related
—
Dec 21, 2001
—
Glenn H Wallace
Purchase Group Ltd
Grant Deed
related
—
Dec 7, 2001
$500
Elizabeth Fox
Grosch,david L & Darlene M
Grant Deed
related
—
Dec 4, 2001
—
Millard R Roberts
Gumeny,michelle P
Grant Deed
related
—
Dec 4, 2001
$500
William L Kuckel
Fairbanks,ronald D & Nancy L
Grant Deed
related
—
Nov 26, 2001
—
Stewart Ellis
Havird,olin B & Virignia C
Grant Deed
related
—
Nov 19, 2001
—
Purchase Group Ltd
Time No More INC
Grant Deed
related
—
Nov 5, 2001
$800
Susan J Montgrain
Dold,william J & Vickie A
Grant Deed
related
—
Oct 9, 2001
—
Hoke Trust
Bryson,warren R
Grant Deed
related
—
Oct 3, 2001
—
Warren R Bryson
Time No More INC
Grant Deed
related
—
Sep 27, 2001
—
Jane T Merideth
Furtado,joemar J & Ruth E
Quit Claim Deed
related
—
Sep 14, 2001
$1,500
John D Young
Pettigrew,richard D & Jennie K
Grant Deed
related
—
Jun 23, 2001
—
Warren R Bryston
Purchase Group
Grant Deed
related
—
May 17, 2001
—
Purchase Group Ltd
Ward,richard C & Kathy L
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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