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Property profile & analytics
OFF-MARKET
Estimated value
$610,000
Hotels
501 Monument Ave, Port St Joe, FL 32456-1913
Entity Owned
17-yr Hold
Free & Clear
Property ID
US18-5336710
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1949
Construction
FRAME
Total area
15,080 SF
Lot
0.43 ac (18,557 SF)
Zoning code
R1
APN
04837-000R
UPID
US18-5336710
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 Port Inn And Cottages, Ascend Hotel Collection Hotel & Motel
-
Port Inn Hotel & Motel Resort
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$610k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$610k
Owner & transaction history
Warriner-tapper LLC · 17 yrs held
Warriner-tapper LLC
since 2009
7 recorded transactions
Zoning & alternative use
R1 · Port St Joe, 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 Port St Joe submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Port St Joe 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
$610,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$610k
Range $549k – $671k · ±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
$40 / 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
$23,376
Tax year 2023
Assessed value
$2,129,492
Assessed 2023
Previous assessed
$1,969,320
+8.1% YoY
Effective rate
1.10%
On assessed value
Assessed land
$452,600
Assessed improvement
$1,676,892
Land market value
$452,600
Improvement market value
$1,676,892
Total market value
$2,129,492
Applied tax rate
5.0000
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
1949
Construction
FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Stories
2
Bathrooms
19
Total area
15,080 SF
Lot
0.43 ac (18,557 SF)
Zoning code
R1
APN
04837-000R
UPID
US18-5336710
Jurisdiction
GULF
Zoning & alternative use
R1 · Port St Joe, FL
Zoning R1 · permitted uses
R1 · Port St Joe, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Port St Joe. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1949
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Bathrooms
19
Lot
0.43 ac
Current owner
From public records · entity-resolved
Warriner-tapper LLC
Entity
Free & Clear · 17 yrs held
Mailing address
PO BOX 280, PORT ST JOE, FL 32457-0280
Ownership since
2009
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
Oct 6, 2017
—
Warriner-tapper LLC
—
Loan Modification
related
$3,163,376 · Centennial Bk
Aug 29, 2017
—
Warriner-tapper LLC
—
Deed
related
$780,000 · Centennial Bk
Sep 27, 2012
—
Warriner-tapper LLC
—
Deed Of Trust
related
$3,725,000 · Centennial Bank
Jan 6, 2009
—
Warriner-tapper LLC
Warriner,david P & Patricia T
Quit Claim Deed
—
—
—
David P Warriner
—
Loan Modification
related
$166,423 · Superior Bank Fsb
—
—
David P Warriner
—
Loan Modification
related
$739,071 · Superior Bank Fsb
—
—
Warriner-tapper LLC
—
Deed Of Trust
related
$780,000 · Centennial 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.
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