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    500 Palm Ave Boca Grande, FL 33921-1157
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    Property profile & analytics

    500 Palm Ave, Boca Grande, FL 33921-1157

    View on Map

    • Hotels
    • 35,797 SF
    • 136.55 lot acres
    Off-Market
    Property ID
    US18-3427658
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $20,565,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Hotels

    Property Details for 500 Palm Ave

    Year built
    1914
    Construction
    FRAME
    Lot size
    136.55 lot acres
    Zone code
    AG-2 RM2 C-1 C-1
    Property type
    Hotels
    Property subtype
    Motels
    APN
    14-43-20-00-00002.0000
    APU
    14432000000020000

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Feb 14, 2020 — Gasparilla Inn INC — Deed · related $2.5M · Bank Of America
    — — Gasparilla Inn INC — Deed Of Trust · related $2.5M · Bank Of America

    Value Estimations

    based on Realmo’s proprietary methodology
    • Alternative Use

      Use
      Estimation
      HOTEL/MOTEL
      $19,285,000
      Current use
      AUTO REPAIR, GARAGE
      $25,235,000
      Change: +31% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $22,230,000
      Change: +15% Conversion: Difficult
      RESTAURANT
      $20,705,000
      Change: +7% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Boca Grande
    County
    Lee
    State
    Florida
    Longitude
    -82.2577
    Latitude
    26.7542
    CBSA code
    15980
    CBSA name
    CAPE CORAL-FORT MYERS, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $490,782
    $23,736,922
    $25,945,327
    $49,682,249
    -
    $23,736,922
    $25,945,327
    $49,682,249
    More about this property
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